Stakeholders (such as volunteers, donors, and vendors) influence your ability to fulfill your mission; they are also the people (such as beneficiaries, partner organizations, and the community) who experience the consequences of your choices and actions.
Who could be included as stakeholders?
What Is a Stakeholder?
- A stakeholder has a vested interest in a company and can either affect or be affected by a business’ operations and performance.
- Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations.
Who are the stakeholders in an NGO?
“Stakeholder” refers to anyone, individual, or group that has an interest in your nonprofit. It includes people directly involved, such as board members, people you serve, donors, or foundations that give you grants.
Who are primary stakeholders?
Stakeholders that hold a direct interest in a business or organization and its dealings are known as primary stakeholders. … Examples of primary stakeholders include shareholders, employees, customers, suppliers, vendors and business partners.
What is the importance of a stakeholder?
Stakeholders give your business practical and financial support. Stakeholders are people interested in your company, ranging from employees to loyal customers and investors. They broaden the pool of people who care about the well-being of your company, making you less alone in your entrepreneurial work.
How do you classify stakeholders?
Stakeholders with similar interests, claims, or rights can be classified into different categories according to their roles (e.g., employees, shareholders, customers, suppliers, regulators, or nongovernmental organizations). In corporate governance, stakeholders are often classified into primary or secondary groups.
Is a donor a stakeholder?
Stakeholders. For the purpose of charity marketing, a stakeholder is an individual, group or organisation which has an interest in a charity fulfilling its mission. These can include the following groups: … Donors; those who help the charity.