Stakeholders are the people or groups of people who believe they have a stake in an issue. As they feel that on this specific topic their interests are at play, they generally will have an opinion about how it should be dealt with, and they will frequently act accordingly.
An effective stakeholder analysis starts with identifying which parties view themselves as stakeholders with regard to an issue and then maps where each stakeholder stands. A typical follow up step is to delve deeper into the reasons why stakeholders take a particular stance, which strategy they are pursuing and what power they have to influence the issue.
The Stakeholder Stance Map gives an overview of where people stand on an issue, compared to where you stand. It not only shows what people’s position is on the topic – from very negative to very positive, along the x-axis – but also how vocal they are about their position, from entirely silent to highly outspoken, along the y-axis. The model emphasizes that not speaking out is also an important stance. Once this stance mapping is completed, an analysis of each stakeholder’s motivations, strategies and power can be built upon it. Please note that I am not the originator of this model but have only adapted it. However, I have never been able to track down who did create it – if anyone knows, I would be grateful to give appropriate credits.
The five general categories of stakeholders are the following: