Stakeholders
Stakeholders are individuals or groups who have an interest in a particular project, organization, or decision. They can include employees, customers, suppliers, investors, and the community. Their involvement can affect or be affected by the outcomes of the project or business. For instance, employees want job security, customers seek quality products, and investors look for profit. Understanding who the stakeholders are helps organizations make better decisions that consider everyone’s needs and interests, leading to more successful and sustainable outcomes.
Additional Insights
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Stakeholders are individuals or groups who have an interest or concern in a particular organization, project, or issue. They can be affected by the outcomes or decisions made within that context. Common examples include employees, customers, investors, suppliers, and community members. Stakeholders can influence or be influenced by the organization, making their perspectives important for decision-making. Understanding their needs and expectations is vital for success, as it helps create a balance that benefits both the organization and those impacted by its actions.