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Stakeholders  ›  Lesson

Stakeholder Management

Stakeholder Management 12 minStakeholder management means knowing who affects or is affected by your team's work, what each cares about, and involving each at the right level, building trust before you need their help.

Stakeholder Management

Two weeks before a launch, Meera finds out that the security team needs three weeks' notice for a review, and that customer support has never heard of the feature. Both teams had every right to be involved from the start. Nobody asked them, because nobody had listed them.

The rule

Build the relationship before you need the favour.

A stakeholder is anyone who is affected by your team's work or can affect it. For the checkout team that includes Rohan (product), Lakshmi (Meera's director), Anita (who leads customer support), finance, the security team, and other engineering teams such as loyalty and notifications.

Managing stakeholders comes down to three things:

  • Know who they are and what they care about. Support cares about what customers will ask. Finance cares that payment reports match the bank's records. Lakshmi cares whether the team is on track and what could go wrong.
  • Involve each one at the right level. A simple grid of influence against interest helps:
    • high influence, high interest: work closely together (Rohan)
    • high influence, lower interest: keep satisfied with short, regular summaries (Lakshmi)
    • lower influence, high interest: keep well informed (support)
    • low on both: check in now and then
  • Build trust before you need it. Trust comes from doing what you said you would, raising bad news early, and understanding the other person's goals.

That trust is how you get help from people who don't report to you, which is most people. This is influence without authority. Meera can't order the loyalty team to change their API. She can understand what they are trying to achieve, show how the change helps them too, and help them in return.

The shortcut

For each stakeholder, answer two questions: What do they care about? What would surprise them badly? The second answer tells you what they need to hear first.

Mapping stakeholders for UPI autopayStep 1 of 4
  1. List them

    Rohan, Lakshmi, Anita in support, finance, security and the notifications team.

Drills

Answer fast — trust the rule.

quick drill

When should Meera first contact the security team about a launch?

quick drill

Lakshmi has high influence but limited time. What is the best approach?

quick drill

Which habit builds trust with a stakeholder fastest?

quick drill

Meera needs the loyalty team to prioritise a change to their API. Which approach is influence without authority?

Remember

  • Build the relationship before you need the favour.
  • For each stakeholder: what do they care about, and what would surprise them badly?
  • Trust comes from keeping promises and sharing bad news early.

Practice — level up

0/1 solved

Write your answer, then compare it with a rubric and a model answer.

ExplainMap your stakeholders

For a project your team is about to start, real or invented, list at least four stakeholders. For each, say what they care about, what would surprise them badly, and how often and in what form you will keep them involved.