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Organizational Leadership: Stakeholder Analysis and Management Strategy

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Hi Rashuad,

This is based on your own personal business that you ran for 10 yrs.

Stakeholder Analysis and Management Strategy

Group your stakeholders based on their level of authority (power) and their level of concern (interest) regarding the outcome of your project in a Power/Interest Grid.

Group your stakeholders based on their level of authority (power) and their active involvement (influence) regarding your project in a Power/Influence Grid.

Group your stakeholders based on their active involvement (influence) and their ability to effect changes to the project's planning or execution (impact) in a Influence/Impact Grid.

Use the Salience model to describe the classes of stakeholders based on their power (ability to impose their will), urgency (need for immediate attention), and legitimacy (how appropriate their involvement is).

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Solution Preview

Group your stakeholders based on their level of authority (power) and their level of concern (interest) regarding the outcome of your project in a Power/Interest Grid.

The power bestowed upon the stakeholders in the group are based upon 3 different stakeholders predicated upon my personal stake, my employees stake, the businesses that I sell my products to, and the potential international global consumers.
1. Dominant stakes are possessed by me and my employees
2. The businesses are dependent upon the products only to the extent that I can provide them, therefore, their stake and level of concern is DORMANT. ...

Solution Summary

The following posting discusses organizational leadership. Concepts discussed includes stakeholder analysis and management strategy.

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References:
1. Houghton, J. D., & Yoho, S. K. (2005). Toward a contingency model of leadership and psychological empowerment: when should self-leadership be encouraged?. Journal of Leadership & Organizational Studies, 11(4), 65-83.
2. Howell, J. P., DelaCerda, J., Martínez, S. M., Prieto, L., Bautista, J. A., Ortiz, J. & Méndez, M. J. (2007). Leadership and culture in Mexico. Journal of World Business, 42(4), 449-462.

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