Stakeholders Management, WHAT, WHY, and HOW?

Each one of us is surrounded by people, for example, families, friends, coworkers, or clients. These people are affecting our lives in a positive or negative way that shapes our personality as well. This kind of relationship with people needs proper communication and management since this communication takes a big percentage of our life. Some studies point out that we spend an average of 70% of our day listening to others and an average of 30% speaking to them.

Similarly, strategic planning, architecture, project management, and other fields are powered by people, people who envision, plan, analyze, design, manage, execute, operate, …etc. Communication with those kinds of people should be managed effectively to ensure that every person not only informed but also involved and contributing to the process whatever it is. We mainly aim to those people as the stakeholders.

In this article, we will discuss who are the stakeholders, and why managing them is important, and how we should do that.

Read more