Stakeholders are groups or individuals who have an interest or concern in a company's activities and outcomes. These can include shareholders, employees, customers, suppliers, local communities, government agencies, and more. Identifying and understanding stakeholders is important as they can have a significant impact on a company's success. Companies are responsible for managing stakeholder relationships and addressing their needs and concerns in order to achieve mutual benefits. Effective stakeholder management can lead to improved reputation, increased customer loyalty, and can reduce risks and costs.
This mind map was published on 19 May 2023 and has been viewed 125 times.