Stakeholder Soup: Know the Ingredients

Stakeholder Soup: Know the Ingredients

Master Stakeholder Management

• • Identify
  • Prioritize
  • Engage

1. Stakeholder management is a complex process resembling a soup with multiple ingredients.
2. Identify: Recognize all entities affected by your project or decision. These could range from team members to clients to regulatory bodies.
3. Prioritize: Not all stakeholders have the same influence or stakes. Categorize them based on their impact and interest.
4. Engage: Tailor your communication and engagement strategies based on the prioritization.

Understanding the ‘ingredients’ of your stakeholder ‘soup’ allows you to cook up successful outcomes.