LEADERS OF TOMORROW

Stakeholder Management

Module 6

Stakeholders are people

- Bernard Lee

MODULE 6

Who are Stakeholders?
Developing Relationships with Stakeholders
Building Stakeholder Coalition
Image by Andrew Moca
BIG IDEA:

Stakeholders are people

 
Image by Wylly Suhendra

A stakeholder is
Anyone
 that is impacted by your actions

Impact

Your actions impact stakeholders differently

 

therefore

Interest

Stakeholders have different levels of interest

 

and

Intensity (Power)

Stakeholders have a level of influence over the outcome

What similarities and differences do you see in your stakeholders?

Stakeholder Roles

Champion

The face of the initiative

Endorse

Lends weight to the initiative

Informed

No surprises during the initiative

Approve

Meeting desired expectations

Execute

Delivering on expectations

The roles are dynamic and requires constant prioritising and managing of tension between the needs and outcomes

 
Image by Jeremy Perkins

Stakeholder Relationships

The relationship is dynamic

Don't take things for granted

Be intentional about it

Be clear about expectations

How are you engaging your stakeholders?

Recognise it takes time

Make time for it

Worker with Ladder

Raising a formidable coalition

Coexistence

Existing in an environment with common shared resources

Codependence

Recognising the value one brings and contribution towards a common goal

Collaboration

Joint efforts and contribution towards a common goal

Co-creation

Commitment towards creating new possibilities