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INTRODUCTION TO
STAKEHOLDER ANALYSIS
ASSESSING AND ADDRESSING STAKEHOLDER
COMMITMENT FOR SUCCESSFUL ROLLOUTS
DEFINITION
Stakeholders	
  are…	
  
•  Individuals	
  and	
  groups,	
  both	
  
inside	
  and	
  outside	
  the	
  
organization,	
  who	
  can	
  
influence	
  the	
  success	
  of	
  
project	
  implementation	
  
•  Anyone	
  who	
  can	
  be	
  
impacted	
  by	
  project	
  
implementation	
  
	
  
PURPOSE OF STAKEHOLDER
ANALYSIS
To	
  assess	
  which	
  individuals	
  or	
  
groups	
  are	
  likely	
  to	
  support,	
  
resist,	
  or	
  remain	
  neutral	
  during	
  
the	
  project	
  implementation…	
  
Why	
  they’re	
  likely	
  to	
  respond	
  this	
  
way…	
  
And	
  how	
  they	
  may	
  be	
  influenced	
  
to	
  ensure	
  a	
  response	
  most	
  
favorable	
  to	
  achieving	
  project	
  
goals	
  
	
  
PAGE 4
STAKEHOLDER ANALYSIS
Stakeholder Strategic Importance
Current
Commitment
Involvement Goals/Needs
Steering
Committee
Defines and prioritizes use of
resources to drive
transformation
5 Decision Making •  Define ideal customer experience
•  Define key performance measures
•  Provide timely information
•  Guide deployment of efforts
Leadership Provides resource support
and endorsement for
transformational leadership
4 Support •  Overview of key activities/service
issues
•  Overview of performance measures
•  Overview of all activities
Council Provides a sounding board for
decisions; ensures efforts are
supported across the
organization
4 Guidance •  Participate in surveys
•  Contribute benchmarking data
•  Identify existing efforts / initiatives
Operations Elicit feedback and gather
information from all members
and their organizations
3 Administration •  Implement strategy
•  Translate leading practices
•  Report on successes
Staff Streamline process and
increase capacity; improve
brand performance
3 Feedback •  Demonstrate expected behaviors
•  Support leading practices
•  Provide feedback on leading practices
Defining key roles for organizational engagement
COMPLETING A
STAKEHOLDER ANALYSIS
Step  1:  Brainstorm  the  list  of  
Stakeholders
•  Who	
  can	
  influence	
  the	
  success	
  of	
  
the	
  project?	
  
•  Who	
  can	
  be	
  impacted	
  by	
  project	
  
implementation?	
  
•  Each	
  “who”	
  is	
  an	
  individual	
  or	
  a	
  
homogeneous	
  group	
  
•  Segment	
  the	
  stakeholders	
  into	
  
meaningful	
  clusters	
  as	
  
appropriate	
  
	
  
COMPLETING A
STAKEHOLDER ANALYSIS
Step  2:  Define  Stakeholders’  
Strategic  Importance
•  How	
  are	
  they	
  impacted	
  by	
  the	
  
project?	
  
•  To	
  what	
  degree	
  do	
  they	
  have	
  
power	
  to	
  influence	
  the	
  success	
  of	
  
the	
  project?	
  
•  What	
  specific	
  	
  support	
  is	
  needed	
  
from	
  them	
  to	
  advance	
  the	
  
project?	
  
	
  
COMPLETING A
STAKEHOLDER ANALYSIS
Step  3:  Rate  Stakeholders’  
Current  Commitment
•  How	
  favorably	
  do	
  they	
  currently	
  view	
  the	
  
project?	
  
•  To	
  what	
  extent	
  might	
  they	
  support,	
  resist	
  or	
  
remain	
  neutral	
  to	
  the	
  project?	
  
•  Assign	
  each	
  a	
  number	
  on	
  scale	
  from	
  1	
  to	
  5:	
  
1	
  =	
  Negatively,	
  actively	
  or	
  subversively	
  
working	
  against	
  
2	
  =	
  Moderately	
  negative,	
  passive	
  resistance	
  
3	
  =	
  Neutral	
  
4	
  =	
  Moderately	
  positive,	
  passive	
  support	
  
5	
  =	
  Active	
  support,	
  “all	
  in”	
  	
  
	
  
COMPLETING A
STAKEHOLDER ANALYSIS
Step  4:  Clarify  Stakeholders’  
Goals/Needs
•  What	
  is	
  it	
  about	
  each	
  stakeholder	
  
that	
  led	
  to	
  the	
  assessment	
  of	
  their	
  
commitment?	
  
•  What	
  do	
  they	
  want/need?	
  
•  For	
  this	
  project,	
  what	
  does	
  success	
  
look	
  like	
  to	
  each	
  stakeholder?	
  
	
  
	
  
COMPLETING A
STAKEHOLDER ANALYSIS
Step  5:  Determine  
Stakeholder  Involvement
•  How	
  will	
  each	
  be	
  engaged	
  in	
  the	
  project	
  to	
  
enhance	
  their	
  feelings	
  of	
  ownership?	
  
•  Stakeholder	
  involvement	
  may	
  include:	
  
•  Decision-­‐Making	
  
•  Approval	
  
•  Support	
  
•  Guidance	
  
•  Feedback	
  
•  Informed	
  
COMPLETING A
STAKEHOLDER ANALYSIS
Step  6:  Develop  Stakeholder  
Strategy
•  What	
  can	
  be	
  done	
  to	
  strengthen	
  their	
  commitment	
  	
  to	
  
the	
  project?	
  
•  What	
  are	
  their	
  sensitivities?	
  
•  What	
  can	
  be	
  done	
  to	
  maintain	
  support,	
  turn	
  neutrality	
  
into	
  support,	
  or	
  deal	
  with	
  resistance?	
  
•  Stakeholder	
  strategies	
  include:	
  
–  Individual	
  Benefits	
  
–  Involvement	
  
–  Communication	
  
–  Camaraderie	
  	
  
–  Special	
  Treatment	
  
–  Defuse	
  
–  Spotlight	
  
–  Marginalize	
  
PAGE 11
UTILIZING STAKEHOLDER
ANALYSIS DATA
How  to  use  the  data  from  the  Stakeholder  Analysis:
•  Incorporate	
  stakeholder	
  strategies	
  into	
  the	
  project	
  implementation	
  plan	
  
•  Incorporate	
  major	
  risks	
  into	
  the	
  project	
  risk	
  management	
  plan	
  
•  Incorporate	
  stakeholder	
  strategies	
  into	
  the	
  communication	
  plan	
  
•  Review	
  immediately	
  if	
  project	
  appears	
  stalled	
  to	
  assist	
  in	
  diagnosing	
  
roadblocks	
  
•  Avoid  sharing  the  stakeholder  analysis  outside  of  the  team  that  
completed  it!    	
  
	
  
	
  
CONTACT US
Please	
  contact	
  Karen	
  Caruso	
  at	
  kcaruso@endeavormgmt.com	
  	
  
to	
  request	
  a	
  conversation	
  on	
  this	
  topic	
  and	
  how	
  it	
  can	
  work	
  for	
  you.	
  
	
  
PAGE 13
We create leaders. You can turn to Endeavor to establish a leadership
position. Our consultants are focused on making sure you are successful,
both individually and for your company. We deploy industry-experts and
impart world-class processes to enable your success. Through insights,
we help you overcome barriers to get the results you’re seeking. We call
this insight-driven transformation.
The firm’s 40 year heritage has produced a substantial portfolio of proven
methodologies, enabling Endeavor consultants to deliver top-tier
transformational strategies, operational excellence, organizational
change management, leadership development and decision support.
Endeavor’s deep operational insight and broad industry experience
enables our team to quickly understand the dynamics of client companies
and markets.
In 2012, Gelb Consulting became an Endeavor Management Company.
Combined with our Gelb Consulting experience (founded in 1965) we
also offer clients unique capabilities that focus their marketing initiatives
by fully understanding and shaping the customer experience through
proven strategic frameworks to guide marketing strategies, build trusted
brands, deliver exceptional customer experiences and launch new
products. Our experienced consultants and analysts use advanced
marketing research techniques to identify customer needs and spot high
potential market opportunities.
Endeavor strives to collaborate effectively at all levels of the client
organization to deliver targeted outcomes and achieve real results. Our
collaborative approach also enables clients to build capabilities within
their own organizations to sustain enduring relationships. For more
information, visit www.endeavormgmt.com and www.gelbconsulting.com
2700 Post Oak Blvd., Suite 1400
Houston, TX 77056
800-846-4051
www.endeavormgmt.com

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Introduction to Stakeholder Analysis

  • 1. INTRODUCTION TO STAKEHOLDER ANALYSIS ASSESSING AND ADDRESSING STAKEHOLDER COMMITMENT FOR SUCCESSFUL ROLLOUTS
  • 2. DEFINITION Stakeholders  are…   •  Individuals  and  groups,  both   inside  and  outside  the   organization,  who  can   influence  the  success  of   project  implementation   •  Anyone  who  can  be   impacted  by  project   implementation    
  • 3. PURPOSE OF STAKEHOLDER ANALYSIS To  assess  which  individuals  or   groups  are  likely  to  support,   resist,  or  remain  neutral  during   the  project  implementation…   Why  they’re  likely  to  respond  this   way…   And  how  they  may  be  influenced   to  ensure  a  response  most   favorable  to  achieving  project   goals    
  • 4. PAGE 4 STAKEHOLDER ANALYSIS Stakeholder Strategic Importance Current Commitment Involvement Goals/Needs Steering Committee Defines and prioritizes use of resources to drive transformation 5 Decision Making •  Define ideal customer experience •  Define key performance measures •  Provide timely information •  Guide deployment of efforts Leadership Provides resource support and endorsement for transformational leadership 4 Support •  Overview of key activities/service issues •  Overview of performance measures •  Overview of all activities Council Provides a sounding board for decisions; ensures efforts are supported across the organization 4 Guidance •  Participate in surveys •  Contribute benchmarking data •  Identify existing efforts / initiatives Operations Elicit feedback and gather information from all members and their organizations 3 Administration •  Implement strategy •  Translate leading practices •  Report on successes Staff Streamline process and increase capacity; improve brand performance 3 Feedback •  Demonstrate expected behaviors •  Support leading practices •  Provide feedback on leading practices Defining key roles for organizational engagement
  • 5. COMPLETING A STAKEHOLDER ANALYSIS Step  1:  Brainstorm  the  list  of   Stakeholders •  Who  can  influence  the  success  of   the  project?   •  Who  can  be  impacted  by  project   implementation?   •  Each  “who”  is  an  individual  or  a   homogeneous  group   •  Segment  the  stakeholders  into   meaningful  clusters  as   appropriate    
  • 6. COMPLETING A STAKEHOLDER ANALYSIS Step  2:  Define  Stakeholders’   Strategic  Importance •  How  are  they  impacted  by  the   project?   •  To  what  degree  do  they  have   power  to  influence  the  success  of   the  project?   •  What  specific    support  is  needed   from  them  to  advance  the   project?    
  • 7. COMPLETING A STAKEHOLDER ANALYSIS Step  3:  Rate  Stakeholders’   Current  Commitment •  How  favorably  do  they  currently  view  the   project?   •  To  what  extent  might  they  support,  resist  or   remain  neutral  to  the  project?   •  Assign  each  a  number  on  scale  from  1  to  5:   1  =  Negatively,  actively  or  subversively   working  against   2  =  Moderately  negative,  passive  resistance   3  =  Neutral   4  =  Moderately  positive,  passive  support   5  =  Active  support,  “all  in”      
  • 8. COMPLETING A STAKEHOLDER ANALYSIS Step  4:  Clarify  Stakeholders’   Goals/Needs •  What  is  it  about  each  stakeholder   that  led  to  the  assessment  of  their   commitment?   •  What  do  they  want/need?   •  For  this  project,  what  does  success   look  like  to  each  stakeholder?      
  • 9. COMPLETING A STAKEHOLDER ANALYSIS Step  5:  Determine   Stakeholder  Involvement •  How  will  each  be  engaged  in  the  project  to   enhance  their  feelings  of  ownership?   •  Stakeholder  involvement  may  include:   •  Decision-­‐Making   •  Approval   •  Support   •  Guidance   •  Feedback   •  Informed  
  • 10. COMPLETING A STAKEHOLDER ANALYSIS Step  6:  Develop  Stakeholder   Strategy •  What  can  be  done  to  strengthen  their  commitment    to   the  project?   •  What  are  their  sensitivities?   •  What  can  be  done  to  maintain  support,  turn  neutrality   into  support,  or  deal  with  resistance?   •  Stakeholder  strategies  include:   –  Individual  Benefits   –  Involvement   –  Communication   –  Camaraderie     –  Special  Treatment   –  Defuse   –  Spotlight   –  Marginalize  
  • 11. PAGE 11 UTILIZING STAKEHOLDER ANALYSIS DATA How  to  use  the  data  from  the  Stakeholder  Analysis: •  Incorporate  stakeholder  strategies  into  the  project  implementation  plan   •  Incorporate  major  risks  into  the  project  risk  management  plan   •  Incorporate  stakeholder  strategies  into  the  communication  plan   •  Review  immediately  if  project  appears  stalled  to  assist  in  diagnosing   roadblocks   •  Avoid  sharing  the  stakeholder  analysis  outside  of  the  team  that   completed  it!          
  • 12. CONTACT US Please  contact  Karen  Caruso  at  kcaruso@endeavormgmt.com     to  request  a  conversation  on  this  topic  and  how  it  can  work  for  you.    
  • 13. PAGE 13 We create leaders. You can turn to Endeavor to establish a leadership position. Our consultants are focused on making sure you are successful, both individually and for your company. We deploy industry-experts and impart world-class processes to enable your success. Through insights, we help you overcome barriers to get the results you’re seeking. We call this insight-driven transformation. The firm’s 40 year heritage has produced a substantial portfolio of proven methodologies, enabling Endeavor consultants to deliver top-tier transformational strategies, operational excellence, organizational change management, leadership development and decision support. Endeavor’s deep operational insight and broad industry experience enables our team to quickly understand the dynamics of client companies and markets. In 2012, Gelb Consulting became an Endeavor Management Company. Combined with our Gelb Consulting experience (founded in 1965) we also offer clients unique capabilities that focus their marketing initiatives by fully understanding and shaping the customer experience through proven strategic frameworks to guide marketing strategies, build trusted brands, deliver exceptional customer experiences and launch new products. Our experienced consultants and analysts use advanced marketing research techniques to identify customer needs and spot high potential market opportunities. Endeavor strives to collaborate effectively at all levels of the client organization to deliver targeted outcomes and achieve real results. Our collaborative approach also enables clients to build capabilities within their own organizations to sustain enduring relationships. For more information, visit www.endeavormgmt.com and www.gelbconsulting.com 2700 Post Oak Blvd., Suite 1400 Houston, TX 77056 800-846-4051 www.endeavormgmt.com