Stakeholder Engagement Framework

By: A Staff Writer

Updated on: Jul 19, 2024

What: Outlines tactics for building positive relationships with stakeholders, based on their needs and level of involvement.

Who: Not a single inventor, but good stakeholder engagement is essential for any business.

Why: Especially for entrepreneurs whose success relies on others (partners, regulators, etc.). Builds support, minimizes resistance.

When: Alongside stakeholder mapping. Use the map to customize your approach.

How:

1. 1. Tailor communication methods (status updates, meetings, etc.) to each type of stakeholder.
   2. Don’t just communicate AT people, seek their input and buy-in.