Writing a stake holder analysis model

writing a stake holder analysis model

This example shows how the influence lines add depth to the analysis which enable us to pick up subtle relationships and understand complexities that can be fed into your Stakeholder Engagement Strategyproject planning and risk management.

Monitor the status of actions, and resource allocations on a regular basis as they are likely to change over time. Joe then draws a large square which he splits into four quadrants.

Suppliers, competitors, and industry associations.

Stakeholder analysis pdf

As a group review the matrix and think about who influences who. Suppliers, competitors, and industry associations. You will probably notice that they are specific to the organisation and personalities involved. Example You can create your own example of Stakeholder Analysis at work — whether for your current role, a job you want to do, or a new project. For example, you may need to conduct interviews or forums with some of the key players to work out exactly what motivates them, what information they want from you, and how they would like to receive it before you develop your communications plan. Once the lines are complete you will have clear indication of who are the most influential or central stakeholders. Monitor the status of actions, and resource allocations on a regular basis as they are likely to change over time. Least important - Consulting admin have set up weekly meetings with Joe to go over his opportunities. Is it positive or negative?

They also reveal lines of communication between stakeholders predicting the path potential issues will follow as they flow along influence lines to become an important concern for a key player. Gather ideas using a whiteboard, sticky notes, poster paper or an online collaboration tool such as GroupMap.

how to do a stakeholder analysis

The lines of influence can also identify stakeholders within a particular quadrant that need special attention. This allows the project management team to develop clear comparisons among the different stakeholders.

Here is Joe's completed analysis: Reviewing the career stakeholder analysis When Joe reviewing his analysis Joe decides to make some changes: Key players - Joe finds no surprises among his key players, but he realises he needs to spend more time engaging with the VP of sales.

importance of stakeholder analysis
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Stakeholder Analysis, Stakeholder Mapping Template