What is stakeholder analysis in SAP BI-OD-SW - SAP StreamWork?

SAP Term: stakeholder analysis

• Component: BI-OD-SW

• Component Name: SAP StreamWork

• Description: A business tool that lets activity participants consider who's interested in their work and to what extent.

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• Key Concepts: 
  Stakeholder analysis is a process used to identify and assess the importance of key stakeholders in a project or business. It is used to determine how to best manage the interests of those stakeholders in order to achieve the desired outcome. Stakeholder analysis is an important part of project management and business strategy. 
  
  How to use it: 
  In SAP StreamWork, stakeholder analysis can be used to identify key stakeholders in a project or business, assess their importance, and determine how best to manage their interests. This can be done by creating a stakeholder map, which is a visual representation of the stakeholders and their relationships. The stakeholder map can then be used to identify potential conflicts and develop strategies for managing them. 
  
  Tips & Tricks: 
  When conducting stakeholder analysis, it is important to consider the interests of all stakeholders, not just those with the most power or influence. It is also important to consider the potential impact of any decisions on all stakeholders, not just those with the most power or influence. Additionally, it is important to consider the potential impact of any decisions on the environment and society as a whole. 
  
  Related Information: 
  Stakeholder analysis is closely related to risk management, as it helps identify potential risks associated with a project or business. It is also related to change management, as it helps identify potential changes that may need to be made in order to achieve desired outcomes. Additionally, stakeholder analysis can be used in conjunction with other tools such as SWOT analysis and PESTLE analysis in order to gain a more comprehensive understanding of a project or business.