Stakeholder Analysis Tool (for Nonprofits)
Managing stakeholders is important for nonprofits and coalitions. Doing a stakeholder analysis can help in managing stakeholders’ expectations. Considering your stakeholders’ perspective is a great way to engage in both nonprofit capacity building but also evaluation capacity building. For example, it will help you consider what outcome data each stakeholder is interested in. This is especially true when you’re doing a collective impact approach or engaging in systems thinking. For instance, if you’re working on a developmental evaluation where your initiative and or projects are constantly being updated, understanding who the social innovators are and what they need comes in handy. So, mapping stakeholders can help you with not only the project stakeholder management and project planning but also the evaluation process.