[Year] [Company Name] Stakeholder Analysis & Management Portfolio

This portfolio presents a stakeholder analysis and management assignment, fulfilling the brief's requirements by curating three online resources: a YouTube video explaining stakeholder analysis processes, a blog post detailing five stakeholder analysis techniques, and another YouTube video on stakeholder salience. Each item is accompanied by a brief discussion justifying its selection and relevance. The analysis covers key concepts such as power-influence grids, stakeholder registers, salience models, and strategic decision-making within stakeholder management. The portfolio demonstrates an understanding of stakeholder identification, classification, and engagement strategies, crucial for successful project and business outcomes. The assignment uses Harvard referencing and citations to support the discussions.

[ Stakeholder Analysis & Management ]
[Year]
[Type the company
name]

Item-1
Title – Stakeholder Analysis
Item type – YouTube Video
The selected item is a YouTube video which describes the process of stakeholder analysis.
Nowadays, most of the business organizations perform stakeholder analysis to determine
whose interests should be taken into account while implementing a project, programme or a
policy (CIC, 2017). An effective stakeholder engagement allows business organizations to
identify and overcome business problems successfully. However, stakeholder analysis is
effective practices of enterprise business analysis which can be used by organizations to deal
with merge different departments successfully in a business in order to achieve organizational
goals. The main reason behind the selection of item is that it represents the functionality of
power-influence grid which is used for prioritizing the identified business stakeholders. The
chosen item is appropriate and relevant to the topic because it provides a step-by-step process
for managing business stakeholders including the functionality of action plan, stakeholder
register, and power-interest grid.
Item-2
Title – Top 5 Stakeholder Analysis Techniques in Projects | Stakeholder Analysis in Project
Management
Item type – Blog

The chosen item presents 5 different types of stakeholder analysis techniques which help in
determining the stakeholders of a project or business. Stakeholders can be professional
bodies, organizations or individuals who have a positive or negative impact on the business.
The selected item demonstrates how organizations use Salience model, importance-interest
grid, power-influence grid, influence-impact grid and power versus interest grid for
identifying and classifying business stakeholder. The findings of the chosen item stated that it
is essential for business organizations to conduct a stakeholder analysis to know how they can
engage different types of stakeholders in their business. The main reason behind the selection
of this item is that it presents the working of all these techniques with the use of a suitable
diagram which enhances the overall understanding of article reader. Along with this, the
overall structure of the chosen item is well-defined and well-presented. It includes only
targeted, important and relevant information related to stakeholder analysis and management.
That is why, this item has been chosen for the portfolio (Gudavajhala, 2017).
Figure-1 Power versus Interest Grid
Item-3

Title – Stakeholders and stakeholder analysis
Item type – YouTube video
The chosen YouTube video describes the theory of stakeholder salience which provides a
way to map urgency of the stakeholder claim, power to influence and legitimacy of the
stakeholder relationship when performing stakeholder analysis (Pitcher, 2018). This video
shows an example of a stakeholder map of the typical higher educational institution which
helped to properly understand how stakeholder analysis can be performed. In the salience
model, all identified stakeholders should be prioritized on the basis of power, urgency, and
legitimacy of disruption, replacement, and uncertainty. By using this model, it would be easy
for organizations to make strategic decisions in dealing with various stakeholder groups. The
chosen YouTube video is relevant, appropriate and well-structured. Along with this, it
discusses the strategic management framework to conduct stakeholder mapping and analysis.
That is why; it has been added in this portfolio.

References
1. CIC, P. (2017). Stakeholder Analysis. [video] Available at:
https://www.youtube.com/watch?v=LFHlal9fwkU [Accessed 20 Apr. 2019].
2. Gudavajhala, S. (2017). Top 5 Stakeholder Analysis Techniques in Projects |
Stakeholder Analysis in Project Management. [Blog] Master of Project Academy.
Available at: https://masterofproject.com/blog/7514/top-5-stakeholders-analysis-
techniques-in-projects-stakeholder-analysis-in-project-management [Accessed 20
Apr. 2019].
3. Pitcher, G. (2018). Stakeholders and stakeholder analysis. [video] Available at:
https://www.youtube.com/watch?v=k9-6Wlt84Ws [Accessed 20 Apr. 2019].