Mendelows Stakeholder Matrix Flashcards
1
Q
Keep Satisfied
A
Stakeholders have High power but low interest in the running of a business.
2
Q
Manage closely
A
Stakeholders have high power and high interest in the running of a business. Important to ensure they have all the information and are involved in the decision making.
3
Q
Minimum Effort
A
Stakeholders have low power and low interest, but may still be key to the business.
4
Q
Keep Informed
A
Stakeholders have low power but high interest in the business. Although not powerful within the business are likely to be powerful outside and important to keep these stakeholders informed.