Stakeholder Management

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All businesses have multiple stakeholders beyond their immediate customers, consumers & suppliers.    

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Government, the media, industry groups, unions, NGOs and special interest groups are just a selection of the significant external stakeholder groups who may have an interest in your business.  

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For any important external-facing projects your company is looking to undertake, a key element of the project plan should be to identify and map your stakeholders. You should be clear about who they are, what their position is relative to your business and how they might influence the outcome of your project.  

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Building relationships and maintaining open dialogue with key stakeholders will always be key to a project's success. Good stakeholder communications & management is also an important part of your company's governance systems.

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