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Stakeholder Analysis Definition
Stakeholder Analysis is the systematic examination and evaluation of Stakeholders in order to prioritise, manage and engage with them effectively (stakeholdermap.com).
Stakeholder Analysis is a systematic way to analyse stakeholders by their power and interest. High power, high interest stakeholders are Key Players. Low power and low interest stakeholders are least important (stakeholdermap.com).
Notes on these definitions
This definition of Stakeholder Analysis draws on the definition of analysis as:
Analysis is: 1.A systematic examination and evaluation of data or information, by breaking it into its component parts to uncover their interrelationships. Opposite of synthesis. (businessdictionary.com).
Other definitions of Stakeholder Analysis
Stakeholder analysis is a process of systematically gathering and analyzing qualitative information
to determine whose interests should be taken into account when developing and/or
implementing a policy or program (Schmeer, 2000, p.21).