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Do stakeholders own the business?

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Is it necessary for someone to be a stakeholder to be an owner of the business? I work in a small company, and all four stakeholders are owners of the business, so is this always the case? Or is it that my company is an exception, rather than the rule?
asked 8 years ago by anonymous

2 Answers

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The term stakeholder is different than a shareholder: while a shareholder, by definition, is someone who owns a part of the business (depending on the number of his shares), the stakeholder is typically an executive who may or may not be an owner, and who may or may not own a part of the business.

The stakeholder is a role at the project level (not the organization level) that is assumed by someone who has an interest in (the success of) the project.

Your company is typical when it comes to small companies where stakeholders are usually co-founders/owners of the company.
answered 8 years ago by MaplePM (46,940 points)
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The set of stakeholders should include anyone with an interest in the project and its outcomes.  This should include the business owners, you, the project team, the clients, and quite likely the public and others.  Careful consideration of who the stakeholders are will help you to develop a more thorough communication plan and other project plans.  If your company projects are around products, you need to consider the product marketing and messaging, for example.  You may not be the person to create it, but someone needs to.
answered 8 years ago by sdcapmp (45,840 points)

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