Stakeholders Categorization
Stakeholders are categorized into two categories
Process for Stakeholder Analysis and Mapping
The following stakeholder mapping example explains the primary aspect needs to be considered for stakeholder analysis Step 1) Identify your stakeholders: Your boss, your team, senior executives, prospective customers, your family, etc. Step 2) Assess how those stakeholders could be impacted or have an effect on the organization Step 3) Prioritize your Stakeholders- Step 4) Identify areas of conflicts (organization vs. stakeholder, stakeholder vs. stakeholder) Step 5) Prioritize, reconcile and balance stakeholders Step 6) Align significant stakeholder needs with organizations strategies and actions Next in this example of stakeholder mapping, let’s learn about things to take care while dealing with stakeholders
Could you eliminate processes, which do not add stakeholder value? How would you communicate with stakeholders? Do your communications encourage stakeholder exchange? Do you communicate the stakeholder the value of the deal?
Important Questions to Ask During Stakeholder Analysis and Mapping
Also, you need to figure out when stakeholders will become involved in the following-
Project Vision Project Scope Definition Business Process Analysis Needs Elicitation Requirement Validation Design reviews User Acceptance Testing
You can create a “Participation Matrix Table” for the stakeholders as given in the below stakeholder map example:
Stakeholder Analysis Template
Below is a Stakeholder Analysis Template. It will easily help you to identify your stakeholders and categories them into different categorize and criteria. Download Stakeholder Analysis Template
Tips to manage your Stakeholders
Do not complain. Accept stakeholders as they are For guaranteed success, get the key leadership involved. Make sure, you involve your stakeholders early in the business analysis process In case of a sensitive issue, ensure full confidentiality to all stakeholders to win their trust. To avoid conflicts, help all stakeholders in realizing their personal gains from the project. Stakeholders mapping and analysis always helps.
