What are the stakeholder groups?

Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations. An entity’s stakeholders can be both internal or external to the organization.

What are the 5 stakeholder groups?

Five groups of stakeholders fall into the Primary Stakeholder category:
  • investors and shareholders,
  • employees, customers,
  • suppliers, and.
  • a Public group of governments and communities who control infrastructure, markets and who require laws to be followed and taxes to be paid.

What are the 3 stakeholder groups?

As a general rule, stakeholder priority can be divided into three levels. The first and most important comprises employees, customers, and investors, without whom the business will not be able to operate. Secondary to them are suppliers, community groups and media influencers.

What are the six stakeholder groups?

6 Examples of Stakeholders
  • Customers. The customer is a primary stakeholder, which is an entity that is directly linked to the company and its economic success. …
  • Employees. …
  • Governments. …
  • Investors and shareholders. …
  • Local communities. …
  • Suppliers and vendors.

What are the 8 stakeholders?

Types of Stakeholders
  • #1 Customers. Stake: Product/service quality and value. …
  • #2 Employees. Stake: Employment income and safety. …
  • #3 Investors. Stake: Financial returns. …
  • #4 Suppliers and Vendors. Stake: Revenues and safety. …
  • #5 Communities. Stake: Health, safety, economic development. …
  • #6 Governments. Stake: Taxes and GDP.

How many types of stakeholders are there?

There are two main types of stakeholders in project management, internal and external.

Who are primary and secondary stakeholders?

Primary stakeholders are people or entities that participate in direct economic transactions with an organization. Examples of primary stakeholders are employees, customers and suppliers. Secondary stakeholders are people or entities that do not engage in direct economic transactions with the company.

What is a tertiary stakeholder?

Tertiary stakeholders are external actors who neither make business decisions nor benefit directly from the operations or products of the business — but nonetheless have the ability to influence these decisions.

What are secondary stakeholders?

Secondary stakeholders are those who may affect relationships with primary stakeholders. … A public sector contractor, for example, might list central or local government as a primary, rather than a secondary stakeholder. A train company or media company may list its industry regulator as a primary stakeholder.

What are indirect stakeholders?

Indirect stakeholders are those indirectly associated with the project, such as; support staff not directly involved in the project, national and local government, public utilities, licensing and inspecting organisations, technical institutions, professional bodies, and personal interest groups such as stockholders, …

What is a latent stakeholder?

Latent stakeholders are a category that possesses only one of the three attributes (power, legitimacy, and urgency), and managers often choose to ignore them. … Latent stakeholders that possess legitimacy are called discretionary. They do not have the power to influence the firm and have no urgent claims.

What is a direct stakeholder?

Direct stakeholders are entities that have a visible role in the organization, regulation, operation and support of the bus service; or people, communities and entities that use the service or are impacted by it. Indirect stakeholders are anyone else whose interests are either enhanced or threatened.

Is the community a stakeholder?

Community is potentially made up of a number of other stakeholder groups including employees, customers, unions, pressure groups and environment. It is, however, more than just a sum of the groups.

Which of the following are primary stakeholders?

Primary stakeholders may include any of the following:
  • Employees.
  • Customers.
  • Suppliers.
  • Investors.
  • Beneficiaries.
  • Lenders.
  • Partners.
  • Banks.

What is a remote stakeholder?

This can include board members, senior management, budget holders, teams involved in or supporting the development and success of your product, like your engineering teams, data teams, sales, marketing, client services/customer success, finance, legal and so on.

What is a stakeholder PDF?

Bourne (2005) says “Stakeholders are individuals or groups who have an interest or some. aspect of rights or ownership in the project, can contribute in the form of knowledge or. support, or can impact or be impacted by, the project”. The stakeholder concept is wider. than just projects.

Who connected stakeholders?

The groups or individuals that have some indirect involvement in sourcing initiative creation, planning and implementation and are also affected by the outcomes. For example, the company’s shareholders, customers, suppliers, advisors, consultants and competitors.