1. Stakeholder Management: The process of managing the expectations and the requirements of stakeholders.

    

2. Stakeholder: Any individual, group, or organization that can affect or is affected by a business’s actions, objectives, and policies.

    

3. Stakeholder Engagement: The process by which an organization involves stakeholders in its activities and decisions.

    

4. Stakeholder Analysis: Identifying and analyzing stakeholders and their interests, influence, and impact on a project.

    

5. Primary Stakeholders: Directly affected by the outcome of a project and have a major stake in its success or failure.

    

6. Secondary Stakeholders: Indirectly affected by the outcome of a project and have a lesser stake in its success or failure.

    

7. Stakeholder Mapping: A visual means of identifying the various stakeholders for a project and their relationship to the project.

    

8. Power/Interest Grid: A tool used in stakeholder analysis to categorize stakeholders according to their level of interest and power.

    

9. Stakeholder Communication: The exchange of information and viewpoints with stakeholders to manage expectations and foster cooperation.

    

10. Corporate Social Responsibility (CSR): A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

     

11. Engagement Strategy: A plan for how to communicate and interact with stakeholders throughout the lifecycle of a project.

     

12. Risk Assessment: Identifying and analyzing potential issues that could negatively impact key business initiatives or projects.

     

13. Influence Strategies: Methods used to gain support or minimize opposition from stakeholders.

     

14. Sponsor: A person or organization that supports a project, usually providing resources and backing.

     

15. Community Relations: The establishment and maintenance of a mutually beneficial relationship between a company and the communities in which it operates.

     

16. Feedback Mechanisms: Methods for receiving input or reactions from stakeholders, often used to improve processes or products.

     

17. Issue Management: The process of identifying and resolving issues that can affect stakeholders.

     

18. Negotiation: The process of discussing with stakeholders to reach a mutually acceptable agreement.

     

19. Stakeholder Theory: A theory of organizational management that emphasizes the importance of considering all stakeholders in decision-making processes.

     

20. Shareholder vs Stakeholder: A distinction between shareholders (who own shares in a company and are interested in financial returns) and stakeholders (who have broader interests in a company’s performance).

Understanding these terms is crucial for anyone involved in stakeholder management, as they provide the foundation for building and maintaining positive relationships with those who have a vested interest in a business’s activities.