![]() ![]() Use visual aids: use pictures or visual representations of what you are speaking, use grids and charts and plans that are according to the interest of the current stakeholder Give them only the information that relates with their interests.Everyone should be getting the same message, or the people will start tuning out, and you won’t want to lose the interest of a stakeholder. The words and data on your slides should be simple yet explanatory of everything happening in the project. Present clearly: your voice and words should be clear, whether it’s 1 person or a 100 people, everyone should hear you loud and clear, practice with a mic if you would need to address a bigger group.Give everyone the information they need, not the one they have no interest in. Every stakeholder group has different interests from your projects, the sales team would want to know how it will impact the sales, the senior management would want to know the revenue the project will bring in, the floor people will want to know how the project will change their day-to-day operations. Know your audience: give the audience the information they need. ![]() If you are new to a stakeholder presentation keep in mind the following points: Related Article: Project Management Plan Presenting a Project to a Stakeholder:Ī stakeholder presentation, requires from you to send away a stakeholder group, fully satisfied and well aware of all the information they require of your project. At the end of this session, you will have a clear idea who lies where in your power grid and who needs more work to get them on your side. If you can’t get them on your side, how will you work in their oppositionĪsk these questions to all your stakeholders, directly so they know, you are also interested in them.If they are negative, how can you convince them otherwise.What updates do they want you, to communicate to them and how.Their biggest motivation regarding the project or outcome.Their emotional or financial interest, both positive and negative.To get a better understanding you can ask them a certain set of questions to get a better idea where their interests lie. To better communicate and involve the stakeholders, you need to understand their interests and what benefit they get from the success of your project. So, you need to sort the priorities based on the most influential a person can be in advancing or halting your project.Īfter establishing the priority of the stakeholders, you now know whom to involve more in your work. ![]() Prioritizing your stakeholder: now once you have identified your potential stakeholders, you need to rank them in priority, those who have the most power on your success are, the most high, on the priority ladder, some people might only have interest in your work some won’t even be interested. Your family is one of the closest stakeholders for you, the government, the public, local interest groups may also benefit from your work hence they can also be stakeholders. Your vendors, transporters, suppliers, partners etc. Some of the possible stakeholders can be your boss, your seniors, your peers, your team, your subordinates, all these people may enjoy the perks if your project is successful. Think of all the people who are in any way affected by your work, who have any kind of authority or interest in your work, or those who get affected by its successful or unsuccessful completion. Identifying your stakeholders: first of all, identify who your stakeholders really are. The three steps of conducting a stakeholder analysis are: There is a simple yet effective 3 step stakeholder analysis that can be performed to identify, prioritize and understand your key stakeholders. You should have a sound knowledge about your stakeholders, so you can outshine and impress them. No matter how perfect the project is in your eyes.Īll the people who are affected by your work in any way are the stakeholders, they can either be cheerleaders for our work, or they can stop it all together. If a stakeholder is not happy then no one is happy. If a stakeholder is happy everyone is happy. They can make or break the success of a project. Stakeholders play a very important role in a person’s/company’s success and failure. Successful project managers keep a great focus on winning support from others by performing stakeholder analysis. Mostly this step is the only difference between a winning project and a failed project. The first step of stakeholder management is called stakeholder analysis. ![]()
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