Stakeholder Analysis

Stakeholder Analysis is a process used in business operations to identify and understand the individuals or groups who have an interest in a project or activity. These stakeholders can include employees, customers, suppliers, and investors. By analyzing their needs, expectations, and influence, businesses can effectively engage with them and address their concerns. This understanding helps improve communication, enhance collaboration, and ensure that projects meet the diverse interests of everyone involved, ultimately leading to better decision-making and successful outcomes.