Management

Stakeholder Management

Stakeholder Management

This article describe about Stakeholder Management, which is the process of forming, monitoring and maintaining constructive relationships with investors by influencing their expectations of gain resulting from their investment appropriately. It is also the systematic identification, analysis, planning and implementation of actions designed to engage with stakeholders. It is a set of techniques that harnesses the positive influences and minimises the effect of the negative influences. It helps a business move toward its stated goals by keeping existing investors satisfied, and recruiting new investors as necessary, in a responsible and ethical way.