{"id":16581,"date":"2019-02-01T19:55:37","date_gmt":"2019-02-01T08:55:37","guid":{"rendered":"https:\/\/creately.com\/blog\/?p=16581"},"modified":"2025-01-05T04:55:33","modified_gmt":"2025-01-04T17:55:33","slug":"stakeholder-management-guide","status":"publish","type":"post","link":"https:\/\/creately.com\/blog\/strategy-and-planning\/stakeholder-management-guide\/","title":{"rendered":"The Easy Guide to Stakeholder Management"},"content":{"rendered":"
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Most projects fail because the interests and the requirements of stakeholders are given zero attention. <\/p>\n\n\n\n

While your key stakeholders have the power to make your project fail, you need to have a proper plan in place to identify their needs and communicate and engage with them. <\/p>\n\n\n\n

Your stakeholder management plan should be a key element of your project planning efforts. <\/p>\n\n\n\n

In this post, we will look into what stakeholder management is and the different stakeholder management process steps. <\/p>\n\n\n\n

We have also introduced several visual tools that you can use during each phase along with editable stakeholder management templates<\/a>.<\/p>\n\n\n\n

What is Stakeholder\nManagement?<\/h2>\n\n\n\n

A stakeholder is someone who has an interest in or who is affected by your project and its outcome. <\/p>\n\n\n\n

This may include both internal and external entities such as the members of the project team, project sponsors, executives, customers, suppliers, partners and the government. <\/p>\n\n\n\n

Stakeholder management is the process of managing the expectations and the requirements of these stakeholders.<\/p>\n\n\n\n

It involves identifying and analyzing stakeholders <\/a>and systematically planning to communicate and engaging with them.  <\/p>\n\n\n\n

Stakeholder\nManagement Process<\/h2>\n\n\n\n

Following are the key steps in stakeholder\nmanagement. Following through with these steps will help you effectively\naddress the requirements of your stakeholders and keep them satisfied.  <\/p>\n\n\n\n

Stakeholder\nIdentification<\/h3>\n\n\n\n

First step is to identify stakeholders of your\nproject. You can start by listing down anyone and everyone who is affected by\nthe project. <\/p>\n\n\n\n

You don\u2019t need to worry about assigning them a\ncategory yet; simply jot down their name or their company to specify.\nStakeholders who you should take into consideration are those<\/p>\n\n\n\n