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Stakeholder Management and Planning
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Once you have prepared your Stakeholder Plan, all you need to do is to implement it. As with all plans, it will be easier to implement if you break it down into a series of small, achievable steps and action these one-by-one.
As the work you do and the projects you run become more important, you will affect more and more people. Some of these people have the power to undermine your projects and your position. Others may be strong supporters of your work.
Stakeholder Management is the process by which you identify your key stakeholders and win their support.
Stakeholder Analysis is the first stage of this, where you identify and start to understand your most important stakeholders. The first step in this is brainstorm who your stakeholders are. The next is to prioritize them by power and interest, and to plot this on a Power/Interest Grid. The final step is to get an understanding of what motivates your stakeholders and how you need to win them around.
Once you have completed your Stakeholder Analysis, the next stage is Stakeholder Planning. This is the process you use to plan how to manage your stakeholders and gain their support for your projects.
Stakeholder Planning can usefully be conducted using a planning sheet like the one described. To prepare your plan, go through the following steps:
1. Update the planning sheet with information from the power/interest grid
2. Think through your approach to stakeholder management
3. Work out what you want from each stakeholder
4. Identify the messages you need to convey
5. Identify actions and communications
Good Stakeholder Management helps you to manage the politics that can often come with major projects. It helps you win support for your projects and eliminates a major source of project and work stress.
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