{"id":1064,"date":"2022-10-15T10:00:51","date_gmt":"2022-10-15T08:00:51","guid":{"rendered":"https:\/\/colloi.com\/?p=1064"},"modified":"2025-03-22T14:04:17","modified_gmt":"2025-03-22T13:04:17","slug":"the-stakeholders","status":"publish","type":"post","link":"https:\/\/www.colloi.com\/en\/blog-en\/the-stakeholders\/","title":{"rendered":"The Stakeholders"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The identification and management of all stakeholders in a project is an essential prerequisite for the success of the project itself; that\u2019s the reason why this process is included in the UNI ISO 21500 Standard in the group of <\/span><i><span style=\"font-weight: 400;\">initiation phase<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But what is the definition of stakeholders?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A stakeholder or interested party is a person or a group of people or an organisation that:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; has an interest of some kind in the project;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; can influence the project or be influenced by it;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; participates or would like to participate in the project;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; may bring value, positive or negative, to the project;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; may have responsibilities with regard to the project which, in turn, must fulfil its expectations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">At Colloi Plus, in order to correctly classify stakeholders, we use the methodology that is based on dividing them into four main communities, according to the type of prevailing interest: investors, buyers, suppliers and influencers.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Investors<\/span><\/i><span style=\"font-weight: 400;\"> whose primary interest is profitability; the realisation of the event is a means to achieve their business goals. The investor category includes financiers, sponsor and top management.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Buyers<\/span><\/i><span style=\"font-weight: 400;\"> whose main interest is quality, using the event for recreational, educational or experiential purposes. Customers, prospects and users are part of the buyer category.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Suppliers<\/span><\/i><span style=\"font-weight: 400;\"> whose main interest is the project as a whole, providing services\/products in terms of time, cost and quality. The supplier category includes the meeting &amp; event manager, business partners and suppliers.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Influencers<\/span><\/i><span style=\"font-weight: 400;\"> whose overriding interest is to participate in the project, although they are not a contracting party; the event is for them a tool to support their objectives. The influencer category includes authorities such as public administrations, the media and other communities such as associations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The management of communication with all stakeholders is essential: it mainly concerns the creation, collection, distribution, archiving, extraction, accessibility and exploitation of information about the project. Incorrect communication management is one of the main causes of project failure; therefore, it is essential to identify, analyse and solve communication problems in a timely manner.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In conclusion, all project stakeholders are important. In fact, they are central to every project, since (Pirozzi, 2014):<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; they are both the actors and the beneficiaries;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; they are the critical success factor, both in achieving the results and in validating, at various levels, the fulfilment of their needs and expectations.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The identification and management of all stakeholders in a project is an essential prerequisite for the success of the project [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[],"class_list":["post-1064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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