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Identifying Stakeholders

In the private sector, People who are (or might be) affected by any action taken by an organization or group. Examples are parents, children, customers, owners, employees, associates, partners, contractors, suppliers, people that are related or located near by. Any group or individual who can affect or who is affected by achievement of a group's objectives.

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People who will be affected by an endeavor and can influence it but who are not directly involved with doing the work.

A narrow mapping of stakeholders a company's might identify the following stakeholders:

  1. Employees
  2. Communities
  3. Shareholders
  4. Creditors
  5. Investors
  6. Government
  7. Customers

A broader mapping of stakeholders a company's may also include:

 

  1. Suppliers
  2. Labor unions
  3. Government regulatory agencies
  4. Government legislative bodies
  5. Government tax-collecting agencies
  6. Industry trade groups
  7. Professional associations
  8. NGOs and other advocacy groups
  9. Prospective employees
  10. Prospective customers
  11. Local communities
  12. National communities
  13. Public at Large (Global Community)
  14. Competitors
  15. Schools
  16. Future generations
  17. Analysts and Media
  18. Alumni (Ex-employees)
  19. Research centers

An individual or group with an interest in a group's or an organization's success in delivering intended results and in maintaining the viability of the group or the organization's product and/or service. Stakeholders influence programs, products, and services.

Any organization, governmental entity, or individual that has a stake in or may be impacted by a given approach to environmental regulation, pollution prevention, energy conservation, etc.

A participant in a community mobilization effort, representing a particular segment of society. School board members, environmental organizations, elected officials, chamber of commerce representatives, neighborhood advisory council members, and religious leaders are all examples of local stakeholders.

Market (or Primary) Stakeholders are those that engage in economic transactions with the business. (For example stockholders, customers, suppliers, creditors, and employees)

NonMarket (or Secondary) Stakeholders are those who - although they do not engage in direct economic exchange with the business - are affected by or can affect its actions. (For example the general public, communities,activist groups, business support groups, and the media)


Vision and Mission Statements

Stakeholder Analysis

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  3. How to write Mission Statement?
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  10. Organizational goal setting
  1. What is a Stakeholder?
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  5. Identifying stakeholders
  6. Stakeholder mapping
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  8. Why Stakeholder Analysis?
  9. Shareholders vs Stakeholders
 

Strategic planning

SWOT and PEST analysis

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  5. What is PEST analysis?
  6. Elements of PEST analysis
  7. How to write PEST analysis?
  8. Use of PEST analysis
  9. SWOT and PEST analysis

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