Mendelow’s Matrix and Stakeholders mapping (STAKEHOLDER’S MANAGEMENT)

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Let’s assume you are to take over the management of a public hospital the main aim being to turn it into a sustainable business

How will you categorize and manage the stakeholders?

The easiest way to look at stakeholders is by analyzing their interest in the project and the degree of their influence

Basically, their level of power and degree of interest

Mendelow developed a simple but effective “two by two” matrix that enables us to categorise
stakeholders as:

1. Key players – those with high power and a high level of interest in the organisation
2. Keep satisfied – those with high power but currently a low level of interest in the organisation;
3. Keep informed – those with a high level of interest but low power;
4. Minimal effort – those who aren’t really that interested in the organisation and don’t have much power either.

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Hello, checkout more video lessons, PDF downloads and practice exercises here.
More links in the video description
Cheers!

ZeriteNetwork
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Excellent tutorial my man. I am writing an essay on stakeholder interest in organisations and so this will be extremely helpful. Thank you so much for sharing 🙌🙌🙌

Hiprich
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Thank you, very informative and simple explained. I like when you relate to the real life situation/scenarios.

hi_-reel
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Simple and straight forward, thank you so much

patiencematsika-ui
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Thanks. Really good and inspired me on my work project

valentinion