Stakeholder (organization or project)

A person or organization with an interest in, influence over, or exposure to the outcomes of an organization, project, or decision.

Stakeholder theory: A theory of organizational management that considers groups affected by or able to affect an organization. It explains why organizations account for parties beyond their owners.
Project management: The planning and coordination of work to achieve defined objectives within constraints. Projects use stakeholder identification to guide planning and delivery.
Shareholder primacy: The view that a corporation's primary duty is to advance the interests of its shareholders. It narrows corporate priority compared with stakeholder-centered approaches.
Stakeholder salience: The degree of priority decision-makers give to a stakeholder's claims. Salience explains why some stakeholders receive attention while others remain overlooked.
Stakeholder analysis: A method for identifying stakeholders and assessing their interests, influence, and relationships to a decision. It turns the broad definition into a systematic mapping practice.
Corporate governance: The systems and processes through which organizations are directed, controlled, and held accountable. Governance determines whose interests shape organizational oversight.
Friedman doctrine: Milton Friedman's position that a business's social responsibility is to increase profits within the rules of the game. It challenges broad managerial duties to groups beyond shareholders.
Stakeholder legitimacy: The perceived validity of a stakeholder's claim or relationship to an organization or decision. Legitimacy influences whether claims are treated as deserving consideration.
Power-interest grid: A stakeholder-mapping tool that sorts parties by their power and interest in a project. It distinguishes influential stakeholders from those chiefly concerned with outcomes.
Corporate social responsibility: Organizational policies and practices addressing social and environmental effects of business activity. Stakeholder concerns often guide how firms define social responsibilities.

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Mission statementRelated: The communities a mission serves are among its central stakeholders.