Recent surveys have shown that stakeholder management is the number one factor in CIO success.
Understanding which of your stakeholders is most important and finding the best way to address their needs can be challenging.
Developing a Stakeholder Management System starts with identifying stakeholders most likely to require engagement and then prioritizing the types of information that would benefit them the most.
The management system needs to take a proactive approach keeping in mind the potential for competing stakeholder demands.
Your management system needs to be constantly in a state of readiness to engage with stakeholders and provide information upon request. You must continually update your plan and approach to ensure your schedule is not unexpectedly derailed.