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Stakeholder Analysis

Stakeholder Analysis can be completed quickly or it may take quite a bit of time, depending on how many stakeholders are associated with the problem and how complex their interests are. The simplest way to start this is to brainstorm a list of stakeholders, combine them into groups, examine the interests of each stakeholder, assess how powerfully they can influence the outcome, and describe how the problem affects them.

As this is being done, you are likely to hear comments noting actions that need to be taken as part of implementation—comments such as, “We need to be sure that we file for this permit by a certain date, otherwise we’...

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Cover of Decision Analysis for Managers

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Decision Analysis involves framing a problem so it can be analyzed from all perspectives. A key aspect of framing the problem is examining how every stakeholder associated with the situation is affected by decisions that are made. Learn some tips on how to approach a stakeholder analysis.