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What are Strategies to Manage Stakeholders by Boeing PM

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A Product Managers ability to manage numerous stakeholders and conflicting priorities is vital when working to deliver valuable software to users. The strategies used to manage stakeholders is a key skillset in a Product Managers toolbox. In this presentation Dan overviews the importance of stakeholder involvement. He also provides practical strategies for Product Managers to facilitate mutual benefit for product teams and their various stakeholders.

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What are Strategies to Manage Stakeholders by Boeing PM

  1. 1. www.productschool.com What are Strategies to Manage Stakeholders by Boeing PM
  2. 2. FREE INVITE Join 23,000+ Product Managers on
  3. 3. COURSES Product Management Learn the skills you need to land a product manager job
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  7. 7. COURSES Blockchain for Managers Learn how to trade cryptocurrencies and build products using the blockchain
  8. 8. Dan Weiss TONIGHT’S SPEAKER
  9. 9. Feedback and Questions Stakeholder Management with Dan Weiss by Product School https://www.facebook.com/events/1052661534893278/ https://goo.gl/7jfxk5
  10. 10. Tonight’s Talk 1. What is a Product Manager? 2. What is a “Stakeholder”? 3. Stakeholder management 4. Why manage stakeholders? 5. Stakeholder framework 6. 4 types of stakeholders 7. Questions https://goo.gl/7jfxk5
  11. 11. What is a Product Manager? https://goo.gl/7jfxk5
  12. 12. Stakeholder Definition: A stakeholder is a person that has an interest in a product/business and can either affect or be affected by the business. https://www.investopedia.com/terms/s/stakeholder.asp#ixzz5UFjmAt5 P https://goo.gl/7jfxk5
  13. 13. Example of stakeholders... https://www.investopedia.com/terms/s/stakeholder.asp#ixzz5UFjmAt5 P https://goo.gl/7jfxk5
  14. 14. Example of stakeholders... https://goo.gl/7jfxk5 Investor Creditors Trade Unions Governments Employees Partners Suppliers Customers Board of Directors Executive Managers Auditors Business Units and teams Operations Users Subject Matter Experts Compliance Legal Quality Security Architecture
  15. 15. Why are stakeholders important?
  16. 16. Stakeholders are important for different reasons. Most of the time they are important because they help you build a successful product. https://goo.gl/7jfxk5
  17. 17. Stakeholder Management
  18. 18. Stakeholder management is the process of working with all these different people to build a successful product. https://goo.gl/7jfxk5
  19. 19. Alignment and Importance
  20. 20. Alignment means that your goals as a product team are the same or beneficial to those of your stakeholders https://goo.gl/7jfxk5
  21. 21. Importance is a measure of a stakeholder’s inherent influence on a product team https://goo.gl/7jfxk5
  22. 22. 4 Kinds of Stakeholders Important Danger Advocate Unimportant Cautious Supportive Misaligned Aligned https://goo.gl/7jfxk5
  23. 23. 4 Kinds of Stakeholders Important Danger Advocate Unimportant Cautious Supportive Misaligned Aligned https://goo.gl/7jfxk5
  24. 24. 4 Kinds of Stakeholders Important Danger Advocate Unimportant Cautious Supportive Misaligned Aligned https://goo.gl/7jfxk5
  25. 25. 4 Kinds of Stakeholders Important Danger Advocate Unimportant Cautious Supportive Misaligned Aligned https://goo.gl/7jfxk5
  26. 26. 4 Kinds of Stakeholders Important Danger Advocate Unimportant Cautious Supportive Misaligned Aligned https://goo.gl/7jfxk5
  27. 27. Questions? https://goo.gl/7jfxk5
  28. 28. www.productschool.com Part-time Product Management, Coding, Data, Digital Marketing and Blockchain courses in San Francisco, Silicon Valley, New York, Santa Monica, Los Angeles, Austin, Boston, Boulder, Chicago, Denver, Orange County, Seattle, Bellevue, Toronto, London and Online

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