Stakeholder

A stakeholder is an individual, group, or entity with a vested interest, influence, or concern in the outcomes of a meeting, project, or decision-making process. Stakeholders can be internal or external to an organization and may include employees, customers, suppliers, shareholders, regulatory bodies, and more. Recognizing and engaging with stakeholders is essential for ensuring that their perspectives and needs are considered, promoting transparency, and achieving successful outcomes while managing potential risks and conflicts.