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Mapping and Managing Your Stakeholders Effectively

Most people assume managing stakeholders means responding promptly to emails, being nice on calls, and being good at managing expectations. These are all noble things - but not all stakeholders are created equal, and there is proven science to help Product Managers make sense of the mire.

Engaged in a one-to-one conversation - the kind of human connection that underpins great stakeholder management

Here I explore how we can model stakeholder management in our minds, and on paper - with a view to making sense of the noise, and helping one prioritise precious time with the stakeholders who matter.

I've included a small interactive AI tool at the bottom to help guide you through the thinking.

Why it's Important to Product Practice

A common problem I've observed with my own product teams is PMs being overwhelmed with the amount of stakeholder management which needs to take place - "I've got 100 emails from different stakeholders this week", "Why is this one operational level user causing so much noise?", "How do I keep this person and that person informed?"

In my opinion, being able to categorise, filter and sort various stakeholders across various B2B clients helps Product leaders spend their time engaging with the people that matter. Being able to tailor one's approach to those categories a) saves on your sanity, b) gives biggest bang for the buck.

I should note, this technique doesn't replace the need for understanding your customer personas - mapping your stakeholders complements your personas - it's a slightly different lens - both should be applied.

Why it's Often Overlooked

Some of this we do implicitly - we understand that - but by not being explicit about it, we're working on assumptions and frankly, guessing and feeling our way through.

People usually skip it because a) it takes a bit of time to get right, b) it's not fool proof.

How to Think About it - the Models

At a high level, we can broadly rate stakeholders in terms of the following attributes:

Having assessed each stakeholder by those attributes, we can use various models to give us different lenses of the stakeholder landscape:

  1. Power / Interest Grid - Plots power/influence against interest, allowing sorting by a) manage closely, b) meet their needs, c) keep informed, d) keep in account.
  2. Knowledge / Support Grid - Plots amount of knowledge over degree of support, allowing sorting into a) aware and supportive, b) aware and opposing, c) ignorant and supportive, d) ignorant and opposing.
  3. Salience Model - "the quality of being particularly noticeable or important; prominence" - using a Venn diagram we can classify stakeholders according to power, legitimacy and urgency, giving us 7 segments: dormant, discretionary, demanding, dominant, dangerous, dependent, and definitive.

How to Use This Tool

Think about your top 15 stakeholders. Who are they? What are their roles? Then, think about and rate on each card:

A stakeholder card being completed in the interactive mapping tool

Completing a stakeholder card - rate each dimension to build a picture of each person's profile.

Then, hit the analyse stakeholder button, and the AI will plot those stakeholders across three lenses simultaneously:

Power / Interest Grid

Power / Interest Grid view

Knowledge / Support Grid

Knowledge / Support Grid view

Salience Model

Salience Model Venn diagram view

The goal is not to categorise people for the sake of it - it's to make conscious, deliberate choices about where you spend your energy, and how you communicate when you do.

A Note of Caution

These models just help with framing and understanding - to help you bring some science to manage the chaos. There is still a human element of intuition that comes with this, we understand that. So treat the outputs as a guide, not gospel. This tool is meant to aid thinking rather than provide bullet proof instructions on how to manage stakeholders.

Don't confuse this with customer personas. Whilst at times a particular person might be both a user persona and a stakeholder, don't confuse the two techniques. For more on the topic of Customer Personas, try the Customer Persona Builder here.

Try the Tool

Interactive Stakeholder Mapping Tool
Interactive Stakeholder Mapping Tool Open Tool →
Customer Persona Builder
Customer Persona Builder Open Tool →

How does your team approach stakeholder mapping? I'd love to hear what frameworks and approaches work for you.

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