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The Stakeholder Analysis framework helps in identifying threats and opportunities by evaluating and prioritizing participants and key players in a project. It assesses the interest and power level of each stakeholder. For instance, a stakeholder with low interest but high power could be a potential threat if not managed carefully, as delivering bad results to them could negatively impact the project. On the other hand, such stakeholders could also present opportunities for creating new partnerships and business opportunities if their needs are met and they are engaged effectively.
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If the stakeholder's interest level is low, but their power is high, try to meet their needs and engage them to increase their interest. This might be high net worth investors or a group/individual with the potential to create new partnerships and business opportunities. Even if they aren't participating in your organization, if you deliver bad results to them, they could still have an impact, so manage carefully.
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How do you measure the impact of individual members of the team, investors, customers, or even regulatory agencies on a project's success or failure?...
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