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Tools for stakeholder analysis

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HARUNA UEDA Kanagawa, Japan
What kind of tools do you use for stakeholder analysis?
Do you think that using a kind of traditional tools such as Excel is still popular among project managers?
It would be very much appreciated if I could know your opinion and more modern tools for stakeholder analysis if any.
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Kiron Bondale Retired | Mentor| Retired Welland, Ontario, Canada
While a spreadsheet is still commonly used, you could also capture the info in an online site such as a team wiki or graphically using charts in a collaborative platform like Miro or Mural. Of course, access control will be critical given the sensitivity of the information.

Kiron
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1 reply by HARUNA UEDA
Jun 10, 2023 7:37 PM
HARUNA UEDA
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I appreciate your comment.I will check collaborative platforms you've recommended.
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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
I still using excel. It is enough for me. Just to comment I am not only doing anlisys I am creating the strategy in excel. So, what I get is the stakeholder management plan.
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1 reply by HARUNA UEDA
Jun 10, 2023 7:45 PM
HARUNA UEDA
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I appreciate your comment.
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Amit Kathuria Vice President - Delivery| QBID Infotech Rj, India
Stakeholder analysis is an important process in project management and business strategy. While there are various tools and techniques available for stakeholder analysis, here are some commonly used ones:
1. Surveys and Interviews
2. Power-Interest Grid
3. Stakeholder Mapping
4. Stakeholder Identification Matrix
Yes, Excel is still popular among project managers for stakeholder management. Excel provides a versatile platform for organizing, categorizing, and analyzing stakeholder information. Project Managers still utilize excel for stakeholder management.
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1 reply by HARUNA UEDA
Jun 10, 2023 7:49 PM
HARUNA UEDA
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I appreciate your comment. I think Excel is one of the useful tools.
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Maria Hrabikova
Community Champion
Ricany U Prahy, Prague, Czechia
I recently took part in a similar discussion on the Association of Change Management Professionals' platform (https://www.acmpglobal.org/)
In addition to the above valuable comments (e.g., stakeholder engagement plan), there were two other pieces of advice:
a) Using the Empathy Map of Do, Feel, Think, Say
(in parallel, this is a good way how to engage stakeholders using collaborative tools such as Mural and Miro)
Learn more at: https://www.uxbooth.com/articles/empathy-m...e-a-users-head/

b) Working with the DARE matrix: deciders, advisors, recommenders, and execution stakeholders - as an alternative framework to the RACI matrix due to the following pitfalls, according to McKinsey & Co. lacks 1) No clear decider 2) Poor orchestration of stakeholders 3) Poor delegation practices 4) Ineffective meeting management.
https://www.mckinsey.com/capabilities/peop...-make-decisions

c) Stakeholder Impact Assessment (the Prosci Methodology: 10 Aspects of Change Impact: Processes; Systems; Tools; Job Roles; Critical Behaviours; Mindset/Attitudes/Beliefs; Reporting Structure; Performance Reviews; Compensation; Location).
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1 reply by HARUNA UEDA
Jun 15, 2023 9:12 AM
HARUNA UEDA
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I appreciate your comment. DARE is very interesting as, yes, we alway need to find the person who makes the final decision.
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Verónica Elizabeth Pozo Ruiz RYLAI Access Control Quito, Pichincha, Ecuador
*Excel is a useful tool for Stakeholder Management, that allows listing detailed information about stakeholders.
Check these templates available on projectmanagement.com as an example:
https://www.projectmanagement.com/delivera...ssification-log

https://www.projectmanagement.com/delivera...ments-worksheet

*Using software platforms for stakeholder management is also very useful. For example, you can use web platforms for creating surveys (https://youengage.me/online-survey-tool/ is a web tool you can use). Personalized surveys requested from different types of stakeholders allow us to engage them in a deep manner, reaching higher levels of collaboration in the project.

*If you can manage customers (external stakeholder type), the best option is to adopt a Customer Relationship Management (CRM) software platform. (https://www.insightly.com/ is an example).
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1 reply by HARUNA UEDA
Jun 15, 2023 9:20 AM
HARUNA UEDA
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I appreciate your comment. I would appreciate it if you could give me instruction on tools for managing internal stakeholders if you know.
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HARUNA UEDA Kanagawa, Japan
Jun 10, 2023 5:47 AM
Replying to Kiron Bondale
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While a spreadsheet is still commonly used, you could also capture the info in an online site such as a team wiki or graphically using charts in a collaborative platform like Miro or Mural. Of course, access control will be critical given the sensitivity of the information.

Kiron
I appreciate your comment.I will check collaborative platforms you've recommended.
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HARUNA UEDA Kanagawa, Japan
Jun 10, 2023 5:56 AM
Replying to Sergio Luis Conte
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I still using excel. It is enough for me. Just to comment I am not only doing anlisys I am creating the strategy in excel. So, what I get is the stakeholder management plan.
I appreciate your comment.
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HARUNA UEDA Kanagawa, Japan
Jun 10, 2023 6:07 AM
Replying to Amit Kathuria
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Stakeholder analysis is an important process in project management and business strategy. While there are various tools and techniques available for stakeholder analysis, here are some commonly used ones:
1. Surveys and Interviews
2. Power-Interest Grid
3. Stakeholder Mapping
4. Stakeholder Identification Matrix
Yes, Excel is still popular among project managers for stakeholder management. Excel provides a versatile platform for organizing, categorizing, and analyzing stakeholder information. Project Managers still utilize excel for stakeholder management.
I appreciate your comment. I think Excel is one of the useful tools.
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Abolfazl Yousefi Darestani Manager, Quality and Continuous Improvement| Hörmann-TNR Industrial Doors Newmarket, Ontario, Canada
Excel is the most popular one, as far as I know.
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1 reply by HARUNA UEDA
Jun 15, 2023 9:22 AM
HARUNA UEDA
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I appreciate your comment. If there is a free software for managing stakeholders, will you use it?
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Aaron Porter
Community Champion
IT Director| Blade HQ Payson, UT, United States
Excel.

Spreadsheets might be popular for stakeholder analysis, but I think another reason is that they are available. What company wants to spend money on a stakeholder analysis tool that only project & change managers would use?

I've attended a couple of change management trainings, and both companies provided Excel tools. I haven't seen (or looked for) any tools that weren't spreadsheet-based.
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1 reply by HARUNA UEDA
Jun 15, 2023 9:22 AM
HARUNA UEDA
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I appreciate your comment. If there is a free software for managing stakeholders, will you use it?
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