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  • Career Planning

    Key Stakeholders: Definition, Benefits & Identification Tips

    April 17, 2023 /

    When it comes to any project or initiative, identifying and engaging key stakeholders is crucial for success. Stakeholders are individuals or groups who have an interest or influence in the outcome of a project or organization. They can include employees, customers, suppliers, investors, government agencies, and the community at large. Understanding and involving key stakeholders from the beginning helps to build relationships, gain support, and ensure that decisions and actions align with their needs and expectations. Benefits of Identifying Key Stakeholders Identifying key stakeholders provides several benefits for organizations: Improved decision-making: By involving key stakeholders in the decision-making process, organizations can gather diverse perspectives and insights, leading to better-informed decisions.…

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