When discussing stakeholder analysis or conducting a stakeholder mapping exercise, we often emphasize the importance of identifying your stakeholders from the outset. But this raises a key question: How do you identify your key stakeholders if you're unsure who they are to begin with? In this blog post, we answer the question, "How do I identify my key stakeholders?" and provide some questions to help you identify them. We also discussed what to do after identifying them and how SRM software helps identify stakeholders.
According to the IFC, a stakeholder is described as:
"Stakeholders are persons or groups who are directly or indirectly affected by a project, as well as those who may have interests in a project and/or the ability to influence its outcome, either positively or negatively."¹
Are you wondering how to identify your key stakeholders? The first step is to ask the right questions that help identify everyone who has a stake in your project, whether directly or indirectly. By answering these questions, you can uncover the people, groups, and/or communities essential to your project's success.
To help kickstart your stakeholder identification process, we've compiled a list of nine essential questions designed to help you uncover exactly who your stakeholders are. Use these questions to clarify and map out the key individuals and groups that your project will impact or be impacted by.
Along with your team, use these questions to help you understand who might be affected by your project (positively or negatively) or who might be interested in your project (interests can be financial, emotional, environmental, etc.). The people, groups of communities, you identify by answering these questions are your stakeholders.
Consider questions like:
If so, name the people, communities, commuters and organizations who might be impacted or who might care about these developments.
Consider questions like:
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Consider groups like:
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Remember: just because your project is completed doesn't mean it can't potentially continue to impact stakeholders and communities.
Once you answer these questions, you'll have identified your key stakeholders who could be affected by or are interested in your project.
Use these stakeholders to build your key stakeholders list, then conduct a stakeholder analysis exercise to examine your key stakeholders more closely!
Stakeholder engagement software like Jambo makes stakeholder identification fast and reliable by centralizing contacts, organizations, and interactions in one place. Use stakeholder engagement software to import existing stakeholder lists, tag stakeholders by role, region, and topic, and capture stakeholder referrals from meetings to surface missing voices. With filters for influence, interest, and impact, stakeholder sentiment features, and analytics to review engagement that has occurred, your team can quickly map who matters, spot gaps, and prioritize outreach using Jambo.