Stakeholder Analysis

Topics: Project management, Risk, Stakeholder analysis Pages: 2 (554 words) Published: May 21, 2012
|Darnell Jones | |Stakeholder Analysis | |The logic behind performing a stakeholder analysis |

|Rosa Chandik | |CMGT 411] |

A stakeholder is an entity with a conceivable interest or stake in a policy concern. Stakeholder Analysis (SA) is a methodology used to facilitate policy and institution reform processes. Such as accounting for and often incorporating the needs of those who have a ‘stake’ or an interest in the reforms under consideration. Stakeholder Analysis (SA) originated from the business sciences today has evolved into a field that incorporates political science, economics, decision theory, and environmental sciences. Models of SA apply a variety of tools on both qualitative and quantitative data to understand stakeholders influence with other, their positions, and their interest in a particular reform. It also provides an idea of the impact of reform on political and social forces, illuminates the viewpoints towards proposed reforms and the potential power struggles among groups and individuals, and helps identify potential strategies for negotiating with opposing stakeholders.

The range of stakeholders to consider for analysis varies according to the complexity of the reform area and the type of reform proposed. Stakeholders can be of any form, capacity and size. They can be unorganized groups, individuals, or organizations. Stakeholders mostly fall into one of the following categories: International and political actors, legislators, governors, unions,...
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