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Stakeholders - definition and examples

Examples of Stakeholders

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Stakeholders are people who have an interest in the execution and outcome of a project. The scope of this term is easily extended to events or transactions. In other words, stakeholders are people who participate in a situation directly and includes those who are affected by the situation indirectly.

Here is a very simple and real-life example from sports that identifies various stakeholders of an event. If a player on a sports team commits a crime and gets suspended by the team, who is affected? Who are the stakeholders?

- The suspended player would himself be a stakeholder to this situation as it most directly affects himself. He could lose money in fines or if pay is withheld. He could also suffer by doing time in jail or even losing his job.
- His actions affect his teammates because they no longer have a player on the floor who played a role on the team. They are all stakeholders in the situation.
- He affects ...

Solution Summary

Stakeholders are people who have an interest in the execution and outcome of a project. The scope of this term is easily extended to events or transactions. In other words, stakeholders are people who participate in a situation directly and includes those who are affected by the situation indirectly.

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