Order now Over the last decade, with the rapid development of business management, the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders.
By Research to Action 1 May What is a stakeholder? A stakeholder is a person or organisation who has something to gain or lose as a result of the outcomes of a project, programme or process. It is vital to discover who all the stakeholders are during your project prepartion phase.
What is stakeholder analysis?
Stakeholder analysis SA identifies each stakeholder, describes their needs or desires with respect to the project and whether they are a primary key, directly involved or secondary stakeholder, and analyses how much interest in and influence over the project outcomes they have.
You need to use your SA to plan both your research and your communications strategy. Once you have begun to implement your project you need to regularly return to your SA and review it, too see that each stakeholder is being involved in an appropriate way.
In an ideal world all your stakeholders would be aligned with your aims and very interested in the outcomes.
Once you have placed each stakeholder on the matrix according to their current alignment and level of interest, you can plan how to move them to a position where they are both highly aligned and highly interested in making your outcomes happen. Why is stakeholder analysis useful? Are you keeping involved all the people and organisations who are key to your project?
Are you dealing with potential problems? Does everyone know what is going on, with no one left in the dark?
The more involved your key stakeholders are, the more likely the outcome is to be appropriate and sustainable. This post by Ronda Levine on Brighthub gives some valuable links to different examples of SA, and some useful templates to set you on your way.
Sign up for an email alertor an RSS feed. We welcome blogposts, news about jobs, events or funding, and recommendations for great resources about development communications and research uptake.Patient recruitment is widely recognized as a key determinant of success for clinical trials.
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