Description: Stakeholders in processes are individuals or groups who have an interest in the outcome of a specific process. These stakeholders can include employees, managers, customers, suppliers, regulators, and the community at large. Their interests can range from seeking economic benefits to concerns about the social or environmental impact of a process. Identifying and managing these stakeholders is crucial in process management, as their involvement and satisfaction can significantly influence the success or failure of a project. Stakeholders may have different levels of influence and power, requiring careful analysis to prioritize their needs and expectations. Additionally, effective communication with these stakeholders is essential to ensure that their interests are considered and aligned with the objectives of the process. In summary, stakeholders are an essential component in process management, as their commitment and support can determine the viability and sustainability of any initiative.
