From the course: Stakeholder Management for Leaders and Managers
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Navigating stakeholder power dynamics
From the course: Stakeholder Management for Leaders and Managers
Navigating stakeholder power dynamics
- Imagine you are charged with implementing a new operating system across your organization. You've got approval from the executive team, and secured ample funding. But as things progress, different stakeholders start pushing back. IT is concerned about the timeline, warning you that more resources are needed to avoid system crashes. Meanwhile, senior management is pressuring you to stay on budget, and now the legal team is asking about data security compliance. You're caught in a web of power dynamics. Each group, and others inside and outside the company, have their own level of influence and interest in the project. Navigating this is a critical part of your role, and key to keeping your project on track. Stakeholder power can take many forms, so let's explore the most common types. First, formal authority. This is official power that comes from your role within the organization. Who can make decisions and…
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