Stakeholder identification and analysis

Fran Ackermann, John M. Bryson and Colin Eden

Chapter 4.46 in Elgar Encyclopedia of Strategy as Practice, 2025, pp 529-532 from Edward Elgar Publishing

Abstract: Stakeholders play a significant role in the successful development and implementation of an organization's strategy in addition to being important across the management spectrum (for example, accounting, project management, and marketing). Yet, many strategy-makers apparently spend little time explicitly considering them and, as a result, failures, even debacles, occur in strategy implementation. Why is this the case? There is a wealth of literature on stakeholder management dating back to Freeman's 1984 book on a stakeholder approach to strategic management – though stakeholder identification and analysis gets short shrift in most major strategic management texts. Reflecting upon this extensive body of literature (academic and professional), alongside experiences gained when working with strategy-making teams (using an Action Research approach), four important issues emerge for researchers to address. Each of these issues (individually or together) potentially affects managers’ thinking and behavior when engaged in strategizing and thus provide interesting research topics for Strategy-as-Practice (SAP) researchers.

Keywords: Stakeholder Analysis; SAP; Strategy Implementation; Stakeholder Dynamics; Management Tools; Strategy Practice (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035315956
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