Stakeholder

A stakeholder is any individual or group that has an interest or investment in a particular project, organization, or decision. This can include employees, customers, investors, suppliers, communities, and even government agencies. Stakeholders can be directly affected by the outcomes or have the power to influence them. Understanding stakeholders is crucial for effective communication and decision-making, as their needs and concerns can impact the success of a project or organization. Engaging stakeholders helps ensure that diverse perspectives are considered and can lead to improved relationships and outcomes.