The Stakeholder Strategy
Stakeholder engagement is a pillar for every project and is important for a project to yield the desired results.
There are some Do’s and Don’ts for successful project management that we have found to be beneficial to our client relationships.
Action project managers should take:
Identify all stakeholders and their interests and expectations
Create a stakeholder register to document all stakeholders and any important information
Prioritize stakeholders by importance so that information always finds the right people at the right time
Communication is an investment and not an afterthought, and should be a two-way channel
Be flexible as relationships, risks, and organizational dynamics evolve
Action project managers should avoid:
Treating stakeholders as launchpads instead of partners. Stakeholder alignment should be consistent throughout the project lifecycle
Assuming that all stakeholders have equal interest, influence, and power
Being dismissive of “minor” stakeholders and contributors because they still play a role in the project’s execution
Making commitments with no follow-through as credibility is often ruined that way
Operating based on memory without documentation because memory can be unreliable
It is important to remember that company culture does affect the role that stakeholders play in the project’s overall success. We help leaders turn these do’s and don’ts into actionable stakeholder engagement habits so everyone is aligned around shared outcomes.