Stakeholder Management Flashcards
stakeholder management
create positive relationships with stakeholders, management or their expectations and agreed objectives
Stakeholder analysis
technique used to identify the key people who have to be won over
stakeholder planning
the process used to build the suppose that helps succeed
stakeholder circle
methodology that enables the team to accumulate information necessary for the engagement of its stakeholders
5 Steps
- identification of stakeholders
- prioritization to determine who is important
- visualization/mapping
- engagement through effective communications
- monitoring the effect of the engagement
directions of influence (4)
Upwards
Outwards
Downwards
Sidewards
Upwards
managing sponsors and maintaining organization commitment
Outwards
customers, partners, suppliers, etc.
downwards
managing the team
sidewards
competition and relationship with peers and communities of practice
prioritization Step 2 based on:
ratings based on:
power
proximity
urgency