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ABOUT INDIVIDUALS POWER & INTEREST - Coggle Diagram
ABOUT INDIVIDUALS POWER & INTEREST
stakeholder
individuals
or groups of individuals who can
influence
or be influenced by the achievement of
the goals
of the organisation
power
stakeholder's level of influence in the system
how much they can direct or coerce the company's activities and/or other stakeholders
interest
the degree to which a stakeholder will be affected by the company's activities
POWER & INTEREST MATRIX
way to categorise stakeholders depending on their power and interests in the project
high power- high interest
manage closely
high power - low interest
keep satisfied
low power - high interest
keep informed
low power - low interest
monitor (minimum effort)
stakeholder typology
1. dormant stakeholders
- possess power to impose their will through coercive, utilitarian or symbolic means - have little to no interaction/involvement as they lack legitimacy/ urgency
2. discretionary stakeholders
- likely to be recipients of corporate philanthropy- there's no pressure on managers to engage with this group but they may choose to
3. demanding stakeholders
- those with urgent claims, but no legitimacy/power - irritants for management
4. dominant stakeholders
- the group that many theories position as the only stakeholders of an organisation/project
6. dependent stakeholders
- stakeholders who are dependent on others to carry out their will because they lack the power to enforce their stake
5. dangerous stakeholders
- those with powerful and urgent claims will be coercive and possibly violent
7. definitive stakeholders
- an expectant stakeholder who gains the relevant missing attribute.
