There are four categories of stakeholders, that serve as a basis for brainstorming what all the stakeholders have to say about the project. This initial list of stakeholders includes stakeholders, management, influencers, and service providers that together make up a team. Stakeholders are people or groups of people who can potentially affect the success of a business or project. Stakeholders can include employees, vendors, customers, regulatory agencies, stakeholder groups, and even non-partners. All of these groups are important to consider when conducting a business case analysis. It is essential to know who all these different groups are and what exactly their role is.
A stakeholder is any individual or organization that has an interest or role in the success of your project. While a business case focuses on what each of these stakeholders may have an impact on, it also takes into consideration how each group or individual may have a direct impact on the project. Therefore, it is necessary to break down each stakeholder into separate categories depending on what they specifically have an interest in or could potentially have a direct impact on. Stakeholders in the project management field fall into four main categories of interest. These categories are service providers, customers, influencers, and users.
Service providers can include customers, suppliers, business process outsourcing vendors, and other external stakeholders. These individuals have an interest in how your company operates or provides service. Service providers can also be categorized according to industry and geographic area. Depending on the type of service you are providing, different types of vendors may not be included on this list. Common vendors that fall into these categories are finance, accounting, human resources, manufacturing, distribution, retail, technology, and information technology.
Customers are typically thought of as people within an organization that buy products or services from your business. These are typically thought of as people who are directly involved with the success of your operation. However, in order to understand the types of customers, it is important to understand the different types of customers as well. These common types of customers include customers within the organization, customers outside the organization, customers related to the organization, and customers external to the organization.
Influencers are considered to be those individuals who have an interest in or have influence over your organization or its activities. In order to understand the different types of influencers, you need to think of your typical customers. Your typical customers are likely to have different types of interests and activities than the influencers. Therefore, if you focus on the common types of influencers, you will be able to understand the different types of stakeholders and their interests and activities.
Stakeholders are the individuals and organizations that have an interest in your operations and business model. Stakeholders are typically located within your organization and they may consist of employees, suppliers, customers, or others. Stakeholders can also be located outside of your organization, but these individuals and organizations are more likely to have a stake in your business. The two types of stakeholders can be similar or very different. For example, some stakeholders may be primarily interested in the revenue that the company will generate.
Investors are individuals and organizations that have an interest in the capital raised by your organization. Investors have a vested interest in your success, because their investment is tied to their revenue. The investment made by shareholders is often directed towards increasing the revenues of the organization. If the company does not generate the amount of revenues that are needed to pay back investors, the company's stock price may suffer. Therefore, shareholders play an important role in determining the value of the company.
A key stakeholder is an individual or an organization that has a stake in the growth or failure of your organization. For example, an investor may have purchased shares of stock in your organization and if you do not sell the shares before they expire, they will sell their shares and receive a profit. This type of stakeholder is called a Long-Term Stakeholder. A short-term stakeholder is an individual or an organization that purchases stock in your organization less than one year. This type of stakeholder is called a Short-Term Stakeholder. An example of a short-term stakeholder would be a supplier that provides you with products for your production needs.