Stakeholder Mapping - Explained
What is Stakeholder Mapping?
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What is Stakeholder Mapping?
Stakeholder mapping is used during a stakeholder analysis to identify and categorize the various stakeholders by drawing further pictures of what the stakeholder groups are, which interests they represent, the amount of power they possess, whether they represent inhibiting or supporting factors for the organization to realize its objectives, or methods in which they should be dealt with.
What is an Actor Influence Diagram?
Actor Influence Diagrams. Actor Influence Diagrams help to picture the formal and, more importantly, informal relationships that exist: the networks. These relationships are captured as a directed graph of arrows linking one stakeholder to another. Formal and informal relationships are captured using different arrow types.
What is the Power / Dynamism Matrix.
This power/dynamism matrix is a stakeholder map classifying stakeholders in relation to the power that they hold and the dynamism of their stance.
The Power / Dynamism Map can be used to ascertain where political efforts should be focused during the development of new strategies.
What is the Power/Interest Matrix?
The Power / Interest Matrix is a stakeholder map classifying stakeholders in relation to the power that they hold and the extent to which they are likely to show interest in the strategies of the organization.
The Power / Interest Map can be used to indicate what type of relationship the organization should have with each of the groups.
What is the Power, Legitimacy and Urgency Model?
The Power, Legitimacy, and Urgency model, described by Mitchell, Agle and Wood (1997, 1999), maps stakeholder behavior into 7 types, depending on the combination of three characteristics:
- POWER of the stakeholder to influence the organization.
- LEGITIMACY of the relationship and actions of the stakeholder with the organization in terms of desirability, properness or appropriateness.
- URGENCY of the requirements being set for the organization by a stakeholder in terms of criticality and time-sensitivity for the stakeholder.
Latent Stakeholders
The stakeholders who show only one of the 3 characteristics (number 1, 2 and 3 in the picture) are defined as the Latent Stakeholders. They are sub-classified further as dormant, discretionary or demanding stakeholders.
Expectant Stakeholders
The stakeholders who show two out of 3 of the characteristics (number 4, 5 and 6 in the picture) are defined as Expectant Stakeholders. They are sub-classified further as dominant, dangerous or dependent stakeholders.
Definitive Stakeholders
The stakeholders showing all 3 characteristics are called Definitive Stakeholders.
Related Topics
- How Strategies Arise
- Intended, Deliberate, Realized, and Emergent Strategies
- Management and Strategic Planning
- Mintzberg's Schools of Strategic Development
- Design School
- Planning School
- Positioning School
- Entrepreneurial School
- Cognitive School
- Learning School
- Power School
- Culture School
- Environmental School
- Configuration School
- Mintzberg's 5Ps of Strategy
- McKinseys 7s Model
- ***Industry Analysis to Build a Strategy***
- Strategic Analysis
- SWOT Analysis
- SPACE Analysis
- Situational Analysis - 7C
- Competition Profile Matrix
- Stakeholder Analysis
- Stakeholder Mapping
- Resources and Capabilities
- VMOST
- Core Competency
- VRIO Analysis
- Value Chain Analysis
- Internal Factor Analysis
- Value Creation Index
- Minimum Efficient Scale
- PEST(LE) Analysis
- Industry Lifecycle Analysis
- Company Lifecycle - Definition
- Porter's Five Forces
- Modes of Management
- External Factor Evaluation
- Business Performance Measurement
- Benchmarking
- Balanced Scorecard
- Economic Value Added
- Activity-Based Management
- Quality Management
- Action Profit Linkage Model
- Business Activity Monitoring
- Gap Analysis
- Strategy Diamond
- BCG Growth-Share Matrix
- GE McKinsey Matrix
- Value Reporting Framework
- Pyrrhic Victory