--- title: Stakeholder Analysis: A Comprehensive Guide --- # Stakeholder Analysis: A Comprehensive Guide Last Reviewed: March 9, 2026 7 min read [No comments](https://www.selecthub.com/miscellaneous/technology-selection/stakeholder-analysis/#respond) [ ![Khaleel Hayes](https://www.selecthub.com/wp-content/uploads/2020/07/Khaleel-96x96.jpg) ](https://www.selecthub.com/author/khaleel-hayes/) [Written by Khaleel Hayes](https://www.selecthub.com/author/khaleel-hayes/) Technical Content Writer [ ![Hunter Lowe](https://www.selecthub.com/wp-content/uploads/2023/11/cropped-Hunter-Headshot-96x96.jpg) ](https://www.selecthub.com/author/hunter-lowe/) [Edited by Hunter Lowe](https://www.selecthub.com/author/hunter-lowe/) Content Editor Table of Contents * [What Is Stakeholder Analysis?](#What%5FIs%5FStakeholder%5FAnalysis "What Is Stakeholder Analysis?") * [Stakeholder Examples](#Stakeholder%5FExamples "Stakeholder Examples") * [What’s a Stakeholder Analysis Template?](#Whats%5Fa%5FStakeholder%5FAnalysis%5FTemplate "What’s a Stakeholder Analysis Template?") * [How To Conduct an Analysis](#How%5FTo%5FConduct%5Fan%5FAnalysis "How To Conduct an Analysis") * [Identify](#Identify "Identify") * [Categorize](#Categorize "Categorize") * [Persuade](#Persuade "Persuade") * [Maintain and Repeat](#Maintain%5Fand%5FRepeat "Maintain and Repeat") * [Stakeholder Analysis Examples](#Stakeholder%5FAnalysis%5FExamples "Stakeholder Analysis Examples") * [Example 1 with ClickUp](#Example%5F1%5Fwith%5FClickUp "Example 1 with ClickUp") * [Example 2 – International Atomic Energy Agency (IAEA)](#Example%5F2%5F%E2%80%93%5FInternational%5FAtomic%5FEnergy%5FAgency%5FIAEA "Example 2 – International Atomic Energy Agency (IAEA)") * [FAQs](#FAQs "FAQs") * [Conclusion](#Conclusion "Conclusion") Undertaking new business projects requires effective communication with relevant stakeholders. But stakeholders vary from coworkers and suppliers to consumers, the press and more. How do you find the right ones? Simple. Conduct a stakeholder analysis. This article covers the ins and outs of a stakeholder analysis, including templates, vital steps, examples and FAQs. [Build Comprehensive Requirements with the Decision Platform](https://www.selecthub.com/decision-platform/) ![Stakeholder Analysis Guide]() ## What Is Stakeholder Analysis? A stakeholder analysis is a process that helps you find and classify company stakeholders based on their interest levels, influence and participation in specific projects. This analysis is often deemed an effective [project management tool](https://www.selecthub.com/c/project-management-software/). You also understand the best approach for involving and communicating with specific stakeholder groups. ### Stakeholder Examples Merriam-Webster defines a [stakeholder](https://www.merriam-webster.com/dictionary/stakeholder) as a person involved with or affected by a course of action, particularly within a company or enterprise. Some examples of stakeholders include: * Executives * Marketing * Your boss * Consultants * Government * Lenders * [The press](https://www.britannica.com/dictionary/press) * Analysts * The public * [Interest groups](https://www.britannica.com/topic/interest-group) * Your family ## What’s a Stakeholder Analysis Template? A [stakeholder analysis template](https://www.projectmanager.com/templates/stakeholder-analysis-template) is a tool you use to conduct an adequate assessment of the most vital stakeholders for your next project. Most stakeholder analysis templates look like the screenshot below. You have a graph with influence on the y-axis and interest on the x-axis with four quadrants that say: * Monitor * Inform * Keep Satisfied * Actively Collaborate ![Stakeholder Analysis Template Example]() An example of a stakeholder analysis template. [Source](https://medium.com/the-value-maximizers/creating-a-stakeholder-analysis-how-do-you-do-that-b2b8198ca6c) Some templates are more intricate, but the one above gives the perfect visual of what a stakeholder analysis brings. For example, if Stakeholder A has low influence and interest, you should monitor them. If Stakeholder B has high influence and interest, you should actively ask this stakeholder to collaborate on this task. [Select the Right Software with the Free Lean Selection Book](https://pmo.selecthub.com/lean-selection-book/) ## How To Conduct an Analysis Here are a few tricks for performing an efficient stakeholder analysis. ![Stakeholder Analysis Process]() ### Identify Take time to think of and list potential stakeholders for a specific project. Remember that stakeholders are involved in or have some relationship with your company and can be affected by new assignments or courses of action. ### Categorize After drafting and revising your list from the previous section, it’s time to categorize your stakeholders with your template. For example, your CEO is highly influential and could be interested in your project, so you’d want to collaborate with them actively. Your department leaders for [HR](https://www.selecthub.com/category/hris/), [accounting](https://www.selecthub.com/category/enterprise-resource-planning/accounting/) and [marketing automation](https://www.selecthub.com/category/marketing-automation/) could have a low influence but have a high interest. In this case, you’d inform them about the project and let them participate at their discretion. ### Persuade After organizing your stakeholders, it’s time to implement action and strategically communicate with them about the project to win support. Some questions to think about and better understand your stakeholders include: * What motivates them? What do they want for the company and why? * What other priorities does this stakeholder have, and how can you align or ensure the project doesn’t discourage them? * Who influences their opinions about you, your team and general topics? Should you attempt to persuade these people as well? * How will you deal with their opposition if you can’t win this stakeholder’s validation? * Do you have other stakeholders who could support you if this one doesn’t advocate your project? ### Maintain and Repeat Knowing how to persuade stakeholders is half the battle. Once the vital stakeholders give you their green light, it’s crucial to maintain communication about progress throughout the project’s duration to solidify trust and garner additional help if needed. Stakeholders can come and go for numerous reasons, such as death, moving to a new company or position, or retirement. It’s best to manage all members at the beginning and end of projects or significant milestones to keep your registry fresh. [Receive Advice From the Experts](https://www.selecthub.com/managed-selection-services/) ## Stakeholder Analysis Examples Here are a few examples of completed stakeholder analysis templates. ### Example 1 with ClickUp You can use [ClickUp](https://www.selecthub.com/p/project-management-software/clickup/) to fill out your matrix for a broader view of stakeholders, their needs and level of importance to a specific project. As shown in the screenshot below, each offers a status for a specific stakeholder. “Negative Support” shows that Stakeholders 3 and 1 (CFO and COO) don’t back a specific project. However, the President and CEO in the “Positive Support” queue offer high support. ![ClickUp Stakeholder Analysis]() A preview of using ClickUp for your stakeholder analysis. [Source](https://clickup.com/blog/stakeholder-analysis/) ClickUp offers better visualizations with color-coded queues, labels and more to weed out vital stakeholder support for any project or protocol. ### Example 2 – International Atomic Energy Agency (IAEA) The [International Atomic Energy Agency (IAEA)](https://www.iaea.org/) created a stakeholder matrix for radioactive waste. As you can see in the screenshot below, there are four essential groups: Host Community, Media, Politicians Currently in Power and Non-Governmental Organizations (NGOs). Each group has unique answers for Key Concerns, Existing Communication Methods, More Effective Communication Methods and Key Messages. ![IAEA’s Stakeholder Matrix]() A preview of IAEA’s stakeholder matrix. [Source](https://www.iaea.org/resources/nuclear-communicators-toolbox/methods/planning/stakeholder-analysis) Showcasing stakeholder concerns across the board allows you to understand how they feel about safety and how best they want to communicate this problem. [Select the Right Software with the Free Lean Selection Book](https://pmo.selecthub.com/lean-selection-book/) ## FAQs [What is stakeholder analysis?](#group%5F633) A stakeholder analysis is a process that helps you determine and arrange company stakeholders according to their interest levels, influence and participation in projects. It’s considered an effective project management tool. [What are examples of stakeholders?](#group%5F327) Some stakeholder examples include: * Executives * Marketing * Your boss * Consultants * Government * Lenders * The press * Analysts * The public * Interest groups * Your family * And more! [What is a stakeholder analysis template?](#group%5F186) A stakeholder analysis template allows you to evaluate current and vital stakeholders throughout your company. Some templates are more intricate than others, but templates use a graph to measure influence and interest. Depending on a stakeholder’s power and engagement, you must monitor, inform, keep satisfied or actively collaborate with them. [Why do we need a stakeholder analysis?](#group%5F646) A stakeholder analysis allows you to keep track of specific company supporters. You can also determine which stakeholders will support you for particular projects or causes. [What are the essential steps in stakeholder analysis?](#group%5F705) Some essential steps in the stakeholder analysis process include: 1. Identify 2. Categorize 3. Persuade 4. Maintain and Repeat [How can I understand stakeholders?](#group%5F217) Not all stakeholders will support your projects. That’s OK. But the best way to interpret stakeholders is by asking some critical questions, such as: * Who influences their opinions about general topics, you, your team and more? Should you consider persuading this person, too? * What drives them? What do they want for the company’s future, and why? * Do you have other stakeholders in mind to support you if this one isn’t an advocate? These and other questions will help you determine the best approach for support or understanding if a particular stakeholder is on your side. [Lower Your Total Cost of Ownership with SelectHub Services](https://www.selecthub.com/managed-selection-services/) ## Conclusion A stakeholder analysis allows you to determine and keep a current repository of existing stakeholders and helps you understand how to approach them for support. Some may be in favor, and others may disagree with your methods. The deeper your analysis, the better insights you’ll have for current and upcoming projects. How has a stakeholder analysis helped you and your business? Let us know in the comments! ### Trending Topics #### [Technology Selection](https://www.selecthub.com/category/technology-selection/) [Top Expert Software Selection Tips to Pick the Best-Fit Software](https://www.selecthub.com/miscellaneous/technology-selection/software-selection-tips/) [So, you’re buying business software? Congrats! Welcome to the world of defining hundreds (if not… ](https://www.selecthub.com/miscellaneous/technology-selection/software-selection-tips/) [ ![Khaleel Hayes](https://www.selecthub.com/wp-content/uploads/2020/07/Khaleel-96x96.jpg) Khaleel Hayes ](https://www.selecthub.com/author/khaleel-hayes/) Mar 09, 2026 #### [Technology Selection](https://www.selecthub.com/category/technology-selection/) [What are Enterprise Software Solutions? 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Just select what you want and pull… ](https://www.selecthub.com/miscellaneous/technology-selection/best-way-to-screw-up-a-software-selection-project/) [ ![Roy Semple](https://secure.gravatar.com/avatar/31aa2ff18806340a76a471a4c67f5ce32762c888acdfc1029b0f0d0fdd84f38b?s=96&d=mm&r=g) Roy Semple ](https://www.selecthub.com/author/roy/) Mar 09, 2026 Originally published in July 2024 and last updated in March 2026\. Contributions from Khaleel Hayes, and Hunter Lowe. ## About the Contributors The following team members helped research, create, and review this content. [ ](https://www.selecthub.com/author/khaleel-hayes/) Written by [Khaleel Hayes](https://www.selecthub.com/author/khaleel-hayes/) Technical Content Writer Khaleel Hayes is a Technical Content Writer for SelectHub, with over 4 years of experience crafting content for manufacturing, PLM, ERP and technology selection audiences. He's also a freelance writer in his spare time. His body of work includes poetry, short plays, feature articles and film reviews either self-published or in Denver publications. He graduated with a B.A. in Journalism and an English minor from Metropolitan State University of Denver in May 2018\. When not writing, he enjoys classic movies and music, tasty burgers, tasteful bookstores, and breathtaking art and photography. [See Full Bio](https://www.selecthub.com/author/khaleel-hayes/) [ ](https://www.selecthub.com/author/hunter-lowe/) Edited by [Hunter Lowe](https://www.selecthub.com/author/hunter-lowe/) Content Editor Hunter Lowe is a Content Editor, Writer and Market Analyst at SelectHub. His team covers categories that range from ERP and business intelligence to transportation and supply chain management. Hunter is an avid reader and Dungeons and Dragons addict who studied English and Creative Writing through college. In his free time, you'll likely find him devising new dungeons for his players to explore, checking out the latest video games, writing his next horror story or running around with his daughter. [See Full Bio](https://www.selecthub.com/author/hunter-lowe/) Roy SempleThe Best Way to Screw up a Software Selection Project * ‹ * › ### Conversation ![Avatar](https://secure.gravatar.com/avatar/281d3616cf761f3582c0d76c23517846?s=32&d=mm&r=g) Write a response [Cancel reply](https://www.selecthub.com/miscellaneous/technology-selection/stakeholder-analysis/#respond) Your message Your name \* Your email \* Website Save my name, email, and website in this browser for the next time I comment. Δ **Tier 1:** Fully/moderately supported out-of-the-box allowing for quick and easy deployment. 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