Stakeholder management can be described as a collection of actions and interventions that seek to include key stakeholders in decisions as well as the implementation of strategies. These efforts include communication, bridge-building, early collaboration, shortened feedback loops, and transparency.
Stakeholder involvement assists leaders in making better decisions and more effectively deploying implementation efforts. Stakeholder consensus is a decision-making process in which affected parties (stakeholders) seek to reach agreement on a course of action. In a consensus process,
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