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DESCRIPTION
What is it? – Stakeholder analysis in conflict resolution and project management, is the process of identifying individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them. This tool documents the current and required sentiments of those interested in the outcome of a project.
What does it do? – Confirms management or stakeholder acceptance and prioritization of project and team efforts.
Why use it? – Helps to eliminate low priority projects and ensures management support and compatibility with business goals.
When to use it? – Initiating a project that will likely affect individuals or groups, preferably at the kickoff meeting.
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Source: Best Practices in Stakeholder Management Excel: Stakeholder Analysis Tool - Simple Excel (XLS) Spreadsheet, ALB Business Consulting
OVERVIEW
About Arthur L. Burris, Jr.
Arthur L. Burris has more than two decades of progressive business development and transformation experience that enabled him to significantly impact profitability and growth objectives by $2. 4B for top Fortune 500 enterprises PayPal, Microsoft, Morgan Chase and GE Financial Services.
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