{"id":70422,"date":"2023-08-04T15:40:30","date_gmt":"2023-08-04T22:40:30","guid":{"rendered":"https:\/\/clickup.com\/blog\/?p=70422"},"modified":"2024-04-02T12:24:37","modified_gmt":"2024-04-02T19:24:37","slug":"stakeholder-analysis","status":"publish","type":"post","link":"https:\/\/clickup.com\/blog\/stakeholder-analysis\/","title":{"rendered":"What is Stakeholder Analysis? Examples and Tips for Managers"},"content":{"rendered":"<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"http:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is Stakeholder Analysis?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Stakeholder analysis is the process of identifying individuals that are affected by a project and their needs. This analysis includes steps for organizing and prioritizing the different types of stakeholder groups.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n<p>Each and every project has stakeholders\u2014people who have an interest or influence in the work. Knowing who is affected by a project is key to getting buy-in and support for the project\u2019s success. One way project managers can accomplish this critical management step is by doing stakeholder analysis.\u00a0<\/p>\n<p>Part of a larger stakeholder engagement plan, this analysis lets you know who these people are. It also shows you how the project impacts them and what role they play in ensuring goals are met.<\/p>\n<p>In this article, we\u2019ll show you what stakeholder analysis is and why it\u2019s important. You\u2019ll also learn how to do stakeholder analysis and find a real-world example to reference when creating your own. \ud83d\udee0\ufe0f<\/p>\n<div class=\"ub_table-of-contents\" data-hidetext=\"hide\" data-initiallyhideonmobile=\"false\" data-initiallyshow=\"true\" data-scrolltype=\"auto\" data-showtext=\"show\" id=\"ub_table-of-contents-d5dbd750-2034-4215-bc23-c5c178da6122\">\n<div class=\"ub_table-of-contents-header-container\">\n<div class=\"ub_table-of-contents-header\">\n<div class=\"ub_table-of-contents-title\">What is Stakeholder Analysis? Examples and Tips for Managers<\/div>\n<\/div>\n<\/div>\n<div class=\"ub_table-of-contents-extra-container\">\n<div class=\"ub_table-of-contents-container ub_table-of-contents-1-column\">\n<ul>\n<li><a href=\"https:\/\/clickup.com\/blog\/stakeholder-analysis\/#0-what-is-stakeholder-analysis\">What is Stakeholder Analysis?<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/stakeholder-analysis\/#1-why-is-stakeholder-analysis-important\">Why is Stakeholder Analysis Important?<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/stakeholder-analysis\/#5-how-to-do-a-stakeholder-analysis\">How to Do a Stakeholder Analysis?<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/stakeholder-analysis\/#11-stakeholder-analysis-example\">Stakeholder Analysis Example<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"0-what-is-stakeholder-analysis\">What is Stakeholder Analysis?<\/h2>\n<p>Stakeholder analysis is the process of identifying individuals that are affected by a project and their needs. This analysis includes steps for organizing and prioritizing the different types of stakeholder groups.\u00a0<\/p>\n<p>The process focuses on grouping similar <a href=\"https:\/\/clickup.com\/blog\/project-stakeholders\/\">project stakeholders<\/a> based on how much they will participate, their level of interest, and their level of influence. There is also a focus on how to communicate with each of the different stakeholder types.<\/p>\n<p>The goal of stakeholder analysis is to identify internal and external groups that may have an impact on the project initiatives in terms of power or interest. It\u2019s the first step in <a href=\"https:\/\/clickup.com\/blog\/stakeholder-management\/\">stakeholder management<\/a> and a critical component when getting support for a project. \u2728<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img alt=\"Stakeholder analysis: Board view in ClickUp\" class=\"wp-image-38771\" decoding=\"async\" height=\"971\" loading=\"lazy\" sizes=\"auto, (max-width: 1400px) 100vw, 1400px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-1400x971.png\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-1400x971.png 1400w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-300x208.png 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-768x533.png 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-1536x1066.png 1536w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4-700x486.png 700w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/image4.png 1999w\" width=\"1400\"\/><figcaption class=\"wp-element-caption\">View multiple workflows in a single view with Board and Everything views in ClickUp for easy project monitoring<\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"1-why-is-stakeholder-analysis-important\">Why is Stakeholder Analysis Important?<\/h2>\n<p>Stakeholder analysis is vital to ensure successful project outcomes. It provides early alignment, helps you avoid potential roadblocks, and creates a communication roadmap to meet your goals. Here\u2019s a closer look at what makes stakeholder analysis so important. \ud83d\udc40<\/p>\n<p><strong><em>Check out the best <a href=\"https:\/\/clickup.com\/blog\/stakeholder-management-software\/\">stakeholder management software<\/a>! <\/em><\/strong><\/p>\n<h3 class=\"wp-block-heading\" id=\"2-it-creates-a-clear-purpose-and-strategy\">It creates a clear purpose and strategy<\/h3>\n<p>The early stages of projects are often chaotic. Conducting stakeholder analysis provides a clear purpose and lays out a strategy for getting key individuals on board early on. That makes kick-off and early-stage meetings easier to put together and more effective.\u00a0<\/p>\n<p>Plus, <a href=\"https:\/\/clickup.com\/blog\/project-monitoring\/\">project monitoring<\/a> is seamless since you have a clear vision.<\/p>\n<p>Every stakeholder will know what\u2019s expected of them and how they\u2019ll benefit from the <a href=\"https:\/\/clickup.com\/blog\/project-objectives\/\">project objectives<\/a>. You\u2019ll also have a <a href=\"https:\/\/clickup.com\/blog\/process-mapping-tools\/\">process roadmap<\/a> to guide you along the way when you need to provide updates to different groups of potential stakeholders.<\/p>\n<h3 class=\"wp-block-heading\" id=\"3-it-helps-you-earn-support\">It helps you earn support<\/h3>\n<p>When you\u2019re in project planning mode, knowing who your work will impact and getting support is critical during the early stages. Stakeholder analysis gives you insight into who will lend a hand and who may need some nudging to get behind your vision and goals. <\/p>\n<p>By working with people who influence your project, you can draw on their knowledge and expertise to create deliverables. These individuals provide a form of backup in getting behind your project and influencing other stakeholders to get on board.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img alt=\"Goals in ClickUp\" class=\"wp-image-39596\" decoding=\"async\" height=\"930\" loading=\"lazy\" sizes=\"auto, (max-width: 1400px) 100vw, 1400px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-1400x930.png\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-1400x930.png 1400w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-300x199.png 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-768x510.png 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-1536x1020.png 1536w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup-700x465.png 700w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/goals-in-clickup.png 1999w\" width=\"1400\"\/><figcaption class=\"wp-element-caption\">Create SMART Goals in ClickUp with multiple ways to track progress and hit your targets<\/figcaption><\/figure>\n<\/div>\n<h3 class=\"wp-block-heading\" id=\"4-it-avoids-conflicts\">It avoids conflicts<\/h3>\n<p>Nothing is worse than getting a few weeks into a project and finding out a key stakeholder doesn\u2019t support your approach and wants to assign resources elsewhere. Identifying internal and external stakeholders early on means you\u2019ll avoid these hiccups.<\/p>\n<p>With successful stakeholder analysis, you\u2019ll pick out any potential detractors and their concerns. Next, it\u2019s time to formulate a plan that addresses their objections and shows how this project benefits them. If they still decide not to come on board, you haven\u2019t wasted the project team\u2019s time and can search for a new approach.<\/p>\n<h2 class=\"wp-block-heading\" id=\"5-how-to-do-a-stakeholder-analysis\">How to Do a Stakeholder Analysis?<\/h2>\n<p>Stakeholder analysis looks a lot different depending on what industry you\u2019re in or the type of project you\u2019re working on. In general, the basic steps remain the same, even if the overall process varies. Here\u2019s a look at how most organizations conduct a stakeholder analysis. \u270d\ufe0f<\/p>\n<h3 class=\"wp-block-heading\" id=\"6-1-identify-stakeholders\">1. Identify stakeholders<\/h3>\n<p>The first step is to pin down the stakeholders who have a financial or emotional interest in the project. It\u2019s a good idea to make this list as comprehensive as possible. You can always narrow it down later if needed, but you definitely don\u2019t want to leave out any important players.<\/p>\n<p>To identify stakeholders, start with a <a href=\"https:\/\/clickup.com\/blog\/brainstorming-session\/\">brainstorming session<\/a> with team members. You want to quickly lay out the <a href=\"https:\/\/clickup.com\/blog\/project-scope\/\">project scope<\/a> and work together to pinpoint key stakeholders.\u00a0<\/p>\n<p>These may include project stakeholders like:<\/p>\n<ul>\n<li>Executives<\/li>\n<li>Development teams<\/li>\n<li>Consultants<\/li>\n<li>Finance teams<\/li>\n<li>Marketing employees<\/li>\n<li>Regulators<\/li>\n<li>Project sponsors<\/li>\n<\/ul>\n<p>Be thorough with your stakeholder identification, and be sure to document your project management process with <a href=\"https:\/\/clickup.com\/blog\/free-project-management-software\/\">project management software<\/a>. Use stakeholder analysis tools like <a href=\"https:\/\/clickup.com\/blog\/best-mind-mapping-software\/\">mind-mapping software<\/a> to streamline your brainstorming process and keep track of the team discussion.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"ClickUp Stakeholder Map Template\" class=\"wp-image-45840\" decoding=\"async\" height=\"723\" loading=\"lazy\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2020\/06\/ClickUp-Stakeholder-Map-Template.png\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2020\/06\/ClickUp-Stakeholder-Map-Template.png 1000w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2020\/06\/ClickUp-Stakeholder-Map-Template-300x217.png 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2020\/06\/ClickUp-Stakeholder-Map-Template-768x555.png 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2020\/06\/ClickUp-Stakeholder-Map-Template-700x506.png 700w\" width=\"1000\"\/><figcaption class=\"wp-element-caption\">Identify your project\u2019s key stakeholders in ClickUp<\/figcaption><\/figure>\n<\/div>\n<p>Be sure to account for the different types of stakeholders, including internal stakeholders and external ones. Here\u2019s a quick breakdown of the three main types of stakeholders:<\/p>\n<ul>\n<li><strong>Key stakeholders<\/strong><strong>:<\/strong> People who have a direct impact on your project<\/li>\n<li><strong>Primary stakeholders:<\/strong> Individuals who are affected by the project in any way, positive or negative<\/li>\n<li><strong>Secondary stakeholders<\/strong><strong>:<\/strong> People who are indirectly impacted by the project<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\" id=\"7-2-categorize-stakeholders\">2. Categorize stakeholders<\/h3>\n<p>Once you\u2019ve determined the key players and created a list of stakeholders, it\u2019s time to categorize them. The goal is to divide the stakeholders into groups based on common interests or incentives.\u00a0<\/p>\n<p>There are several methodologies to do this, but we\u2019ll focus on the two most common: the power\/interest grid and the Salience Model. You can also use tools like <a href=\"https:\/\/clickup.com\/blog\/stakeholder-mapping-templates\/\">stakeholder mapping templates<\/a> to make the process easier. \ud83d\ude4c<\/p>\n<h4 class=\"wp-block-heading\" id=\"8-powerinterest-grid\">Power\/interest grid<\/h4>\n<p>This methodology, also known as the interest matrix, breaks down stakeholders based on their level of interest and power. The analysis divides them into four quadrants and provides a clear visual approach to each person\u2019s level of influence and level of involvement.<\/p>\n<p>As you work down your list of identified stakeholders, divide them into the four categories as follows:<\/p>\n<ul>\n<li><strong>High power<\/strong><strong>, <\/strong><strong>high interest<\/strong><strong>:<\/strong> These are the most powerful stakeholders\u2014and thus the most important stakeholders. Much of your time should go into making sure they are happy with the project\u2019s progress<\/li>\n<li><strong>High power, low interest:<\/strong> These individuals have high influence in the company but may not want to be added to the day-to-day communication in your project<\/li>\n<li><strong>Low power<\/strong><strong>, <\/strong><strong>high interest<\/strong><strong>:<\/strong> These people don\u2019t have a lot of authority, but they are invested in your project. Work on keeping high-interest stakeholders in the loop to ensure they aren\u2019t having issues along the way<\/li>\n<li><strong>Low power, low interest:<\/strong> These are team members that don\u2019t have a high level of interest or power over your work. You want to keep them in the loop, but they\u2019ll be your lowest priority<\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img alt=\"ClickUp Prioritization Matrix Template\" class=\"wp-image-52359\" decoding=\"async\" height=\"901\" loading=\"lazy\" sizes=\"auto, (max-width: 1400px) 100vw, 1400px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-1400x901.png\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-1400x901.png 1400w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-300x193.png 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-768x494.png 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-1536x988.png 1536w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template-700x450.png 700w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/03\/ClickUp-Prioritization-Matrix-Template.png 1920w\" width=\"1400\"\/><figcaption class=\"wp-element-caption\">Rank the importance of external and internal stakeholders on a ClickUp Whiteboard<\/figcaption><\/figure>\n<\/div>\n<h4 class=\"wp-block-heading\" id=\"9-the-salience-model\">The Salience Model<\/h4>\n<p>The second methodology is called the <a href=\"https:\/\/www.deepfriedbrainproject.com\/2017\/09\/salience-model-for-stakeholder-classification\" rel=\"noreferrer noopener\" target=\"_blank\">Salience Model<\/a>, which uses three parameters and eight stakeholder classifications. It\u2019s ideal if your company is larger or you\u2019re working with more complex groups of stakeholders.<\/p>\n<p>The Salience Model breaks down stakeholders using three attributes:<\/p>\n<ul>\n<li><strong>Power:<\/strong> People with authority and influence on the project itself as well as the company at large<\/li>\n<li><strong>Legitimacy:<\/strong> Individuals who are required to be part of the project (think: people with moral or legal obligations)<\/li>\n<li><strong>Urgency:<\/strong> Team members whose roles involve time-sensitivity<\/li>\n<\/ul>\n<p>These three attributes create the basis of a Venn Diagram with three large circles. There are then eight areas where you categorize stakeholders based on their attributes.<\/p>\n<h3 class=\"wp-block-heading\" id=\"10-3-prioritize-stakeholders\">3. Prioritize stakeholders<\/h3>\n<p>The final step in the stakeholder analysis process is prioritization. You know who is impacted by the project, you\u2019ve broken them down into categories, and now it\u2019s time to assign higher priority to the ones with the most influence and interest. \u2705<\/p>\n<p>This prioritization may change over the course of the project. In the beginning, you may need to meet the needs of finance stakeholders first.\u00a0<\/p>\n<p>Later on, you may need to prioritize stakeholders in the development sector. Knowing who your stakeholders are and what they need will form the basis of your prioritization process.<\/p>\n<p>Once you\u2019ve prioritized your stakeholders, work with other team members to create communication strategies for different stakeholders. Some will require regular, high-level updates, while others will only need short briefs to get up to speed.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Setting priorities in ClickUp\" class=\"wp-image-39385\" decoding=\"async\" height=\"762\" loading=\"lazy\" sizes=\"auto, (max-width: 1324px) 100vw, 1324px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/priority-in-clickup.png\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/priority-in-clickup.png 1324w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/priority-in-clickup-300x173.png 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/priority-in-clickup-768x442.png 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2022\/07\/priority-in-clickup-700x403.png 700w\" width=\"1324\"\/><figcaption class=\"wp-element-caption\">Set priorities in ClickUp to better distinguish what needs to be done right now and what can wait<\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"11-stakeholder-analysis-example\">Stakeholder Analysis Example<\/h2>\n<p>Looking for a stakeholder analysis example to use as a reference when drawing up your own? We\u2019ve got you covered. Here, we\u2019ll walk you through the process of creating a stakeholder analysis using the <a href=\"https:\/\/clickup.com\/templates\/stakeholder-analysis-matrix-t-216134541\">ClickUp Stakeholder Analysis Matrix Template<\/a>.<\/p>\n<p>Let\u2019s say you work at a marketing firm, and you\u2019re running stakeholder analysis for an upcoming project running ads on a major platform. This will be an entirely new project. To ensure the project\u2019s success, you need buy-in from executives at the company as well as other team members in the marketing department.\u00a0<\/p>\n<p>You\u2019ll start by figuring out who your stakeholders are. Get your team together to brainstorm and highlight anyone that may have an interest in or influence over your stated project. Use mind maps to document the process, or just jot down names and roles on a list.<\/p>\n<p>Some stakeholders you may want to consider include:<\/p>\n<ul>\n<li>The CFO or controller<\/li>\n<li>The marketing manager<\/li>\n<li>Marketers on your team that will be writing and publishing the ads<\/li>\n<li>Project managers that will oversee the day to day work<\/li>\n<\/ul>\n<p>Once you have a list, get it all recorded in one easy place. Use the matrix to add information about each individual. The template lays out a colorful grid highlighting the various interests and power levels. On the right, you fill out the list of stakeholders and plot them directly in the <a href=\"https:\/\/clickup.com\/blog\/matrix-templates\/\">matrix template<\/a>.\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Stakeholder Analysis Matrix\" class=\"wp-image-70424\" decoding=\"async\" height=\"800\" loading=\"lazy\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-Matrix.jpg\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-Matrix.jpg 1200w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-Matrix-300x200.jpg 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-Matrix-768x512.jpg 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-Matrix-700x467.jpg 700w\" width=\"1200\"\/><figcaption class=\"wp-element-caption\">ClickUp\u2019s Stakeholder Analysis Matrix makes it easy to plot invested individuals based on their level of power and interest<\/figcaption><\/figure>\n<\/div>\n<div class=\"wp-block-cu-buttons\"><a class=\"cu-button cu-button--blue\" href=\"https:\/\/app.clickup.com\/signup?template=t-216134541&amp;_gl=1*c7w7g3*_gcl_aw*R0NMLjE2ODc4ODI4NDMuQ2p3S0NBandrZXFrQmhBbkVpd0E1VS11TThBSEU1VkpNRU02dlZTeWthY2hMdExJZl9nWjVBT3FNTUx4SzlONXZCRmhmcmNnbkZwTzd4b0NFdG9RQXZEX0J3RQ..*_gcl_au*MTYwMDcxMTk3MS4xNjg1NTYxNDI5LjM5NDQ4MTM0Mi4xNjg4NTgxMTM3LjE2ODg1ODExMzY.\">Download This Template<\/a><\/div>\n<p>Plot the different stakeholders in the chart based on their level of interest and power. Each grid box is color-coded to <a href=\"https:\/\/clickup.com\/blog\/project-charter-templates\/\">easily see which team members<\/a> need to be prioritized and which ones should be monitored or briefed along the way.<\/p>\n<p>For this marketing firm example, you would place the marketing manager and controller in high levels of power. However, the controller\u2019s interest level would be lower than your marketing manager\u2019s.\u00a0<\/p>\n<p>The same goes for all the other players on your list. Project managers would likely have high interest but less power. Writers who create your ads are still stakeholders, though they\u2019ll have both less power and less interest.<\/p>\n<p>You can also use <a href=\"https:\/\/clickup.com\/templates\/stakeholder-analysis-t-222088013\">ClickUp\u2019s Stakeholder Analysis Template<\/a> to make a list of your stakeholders. To start, download the template and click \u201cAdd Task.\u201d Fill out the stakeholder\u2019s name, role, email, level of support, influence, and action.\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Stakeholder Analysis template\" class=\"wp-image-70425\" decoding=\"async\" height=\"760\" loading=\"lazy\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-template.jpg\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-template.jpg 1200w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-template-300x190.jpg 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-template-768x486.jpg 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholder-Analysis-template-700x443.jpg 700w\" width=\"1200\"\/><figcaption class=\"wp-element-caption\">ClickUp\u2019s Stakeholder Analysis Template lets you create a color-coded list of everyone involved in a project<\/figcaption><\/figure>\n<\/div>\n<div class=\"wp-block-cu-buttons\"><a class=\"cu-button cu-button--blue\" href=\"https:\/\/app.clickup.com\/signup?template=t-222088013&amp;_gl=1*5h7ydo*_gcl_aw*R0NMLjE2ODc4ODI4NDMuQ2p3S0NBandrZXFrQmhBbkVpd0E1VS11TThBSEU1VkpNRU02dlZTeWthY2hMdExJZl9nWjVBT3FNTUx4SzlONXZCRmhmcmNnbkZwTzd4b0NFdG9RQXZEX0J3RQ..*_gcl_au*MTYwMDcxMTk3MS4xNjg1NTYxNDI5LjM5NDQ4MTM0Mi4xNjg4NTgxMTM3LjE2ODg1ODExMzY.\">Download This Template<\/a><\/div>\n<p>Hop into the Stakeholders by Action view to see which individuals contribute to what aspect of the project. Use the filters to see only those individuals that affect financial actions\u2014like the controller\u2014or those who play a role in handling <a href=\"https:\/\/clickup.com\/blog\/project-controls\/\">project controls<\/a> and planning, like project managers.<\/p>\n<p>The Stakeholders by Support view lets you see who is backing your project and who has a negative view of the work. Using this information, prioritize communicating with the individuals that need more guidance. Be sure to address concerns in order for them to support the project.\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Stakeholders by Action\" class=\"wp-image-70426\" decoding=\"async\" height=\"660\" loading=\"lazy\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Action.jpg\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Action.jpg 1200w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Action-300x165.jpg 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Action-768x422.jpg 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Action-700x385.jpg 700w\" width=\"1200\"\/><figcaption class=\"wp-element-caption\">The Stakeholders by Action view makes it easy to see which stakeholders play a role in terms of action, investment, and leverage<\/figcaption><\/figure>\n<\/div>\n<p>In addition, leverage support from key stakeholders to provide backup and help get other individuals on board. These individuals have more sway over colleagues, providing valuable support when you need it most.<\/p>\n<p>For example, let\u2019s say your marketing manager thinks the ad project is a great way to drive revenue and build your brand. However, the controller thinks you\u2019re throwing money into the wind. Getting the marketing manager to help explain the financial implications of the project to the controller can help generate support.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Stakeholders by Influence\" class=\"wp-image-70427\" decoding=\"async\" height=\"740\" loading=\"lazy\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Influence.jpg\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Influence.jpg 1200w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Influence-300x185.jpg 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Influence-768x474.jpg 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Influence-700x432.jpg 700w\" width=\"1200\"\/><figcaption class=\"wp-element-caption\">Use the Stakeholders by Influence view to see who has the greatest power over the success of your project<\/figcaption><\/figure>\n<\/div>\n<p>The Stakeholders by Influence view enables you to see who the most powerful stakeholders are. This way, you can focus your communication efforts on these individuals. That includes early-stage kick-offs as well as regular updates throughout the project.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img alt=\"Stakeholders by Support\" class=\"wp-image-70428\" decoding=\"async\" height=\"706\" loading=\"lazy\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" src=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Support.jpg\" srcset=\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Support.jpg 1200w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Support-300x177.jpg 300w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Support-768x452.jpg 768w, https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/Stakeholders-by-Support-700x412.jpg 700w\" width=\"1200\"\/><figcaption class=\"wp-element-caption\">Use the Stakeholders by Support view to see your biggest backers and identify detractors you need to win over<\/figcaption><\/figure>\n<\/div>\n<p>Now that you know where everyone stands, it\u2019s time to draft a communication plan for each one. Add tasks in ClickUp for regular monitoring and communications, especially for the most important stakeholders.\u00a0<\/p>\n<p>You\u2019ll want to take time to ensure your controller is updated, particularly since they\u2019re skeptical about the project. For individuals with lower interest, you can plan less frequent updates. Those with high interest and high power should be updated most frequently.<\/p>\n<p>Automate meetings and progress reports to stay on top of the project\u2019s success and deliverables. You can pre-plan weekly or bimonthly meetings to keep stakeholders informed. Keep in mind different groups of stakeholders will need a different cadence when it comes to reporting.<\/p>\n<h2 class=\"wp-block-heading\" id=\"12-perform-effective-stakeholder-analysis\">Perform Effective Stakeholder Analysis<\/h2>\n<p>To be an effective project manager, you need to know how your projects affect individuals on your team and at the company. With effective stakeholder analysis, you\u2019ll be able to create a clear strategy, avoid conflicts, and garner support from key players in your organization.\u00a0<\/p>\n<p><a href=\"https:\/\/clickup.com\/signup-1\">Try ClickUp today<\/a> and get started crafting informative stakeholder analysis for all of your key projects. With ClickUp tools, you\u2019ll <a href=\"https:\/\/clickup.com\/blog\/how-to-save-time\/\">save time<\/a> drafting lists of stakeholders and developing the best approaches for each one!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each and every project has stakeholders\u2014people who have an interest or influence in the work. Knowing who is affected by a project is key to getting buy-in and support for the project\u2019s success. One way project managers can accomplish this critical management step is by doing stakeholder analysis.\u00a0 Part of a larger stakeholder engagement plan, [&hellip;]<\/p>\n","protected":false},"author":122,"featured_media":70595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","cu_sticky_sidebar_cta_is_visible":true,"cu_sticky_sidebar_cta_title":"Start using ClickUp today","cu_sticky_sidebar_cta_bullet_1":"Manage all your work in one place","cu_sticky_sidebar_cta_bullet_2":"Collaborate with your team","cu_sticky_sidebar_cta_bullet_3":"Use ClickUp for FREE\u2014forever","cu_sticky_sidebar_cta_button_text":"Get Started","cu_sticky_sidebar_cta_button_link":"","_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[312],"tags":[],"class_list":["post-70422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-project-management"],"featured_image_src":"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2023\/08\/ClickUp-Stakeholder-Analysis-Feature-Image.png","author_info":{"display_name":"PMO Team","author_link":"https:\/\/clickup.com\/blog\/author\/pmo\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Stakeholder Analysis? 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