Why Winning Stakeholders Matters
Complex projects and organisational structures warrant the need for special focus on the stakeholder management topic. Unfortunately, this need is often heavily underestimated and not enough resources are allocated to ensure all stakeholders are managed accordingly.
Every project is driven essentially by people or groups affected in different ways by the changes and expectations we deliver. That means different stakeholders may have varying levels of interest in the project performance and the deliverables.
It is important to appreciate the interests of each major stakeholder, whether an individual or a representative of a group of people.
Key Principles for Winning Stakeholders
- Identify their desired outcomes
- Derive their level of interest
- Assess their ability to affect the project outcomes, positively and negatively
How Winning Stakeholders Works
- Identify stakeholder expectations early in the project process
- Develop stakeholder management strategy
- Allocate resources appropriately
Is your organisation at the start of a feasibility study, in a bid phase or tender preparation? Or are you about to launch your project?
Perhaps your organisation is preparing a cost/benefit analysis before investing in stakeholder management?
Are you looking at embedding a stakeholder management process into your organisation and need assistance?
If you answered YES to any of those questions, let us help you to develop the process that fits your organisational needs. The right process, appropriately resourced and delivered, will help your workforce to embrace the practice into the culture of your business.
Barbora Muzikant, founder of BM Project Management, has proven her ability to drive multiple strategic organisational transformations through decades of practical application and business leadership. Discover how she can help your organisation. Phone: +61 403 000 476