A stakeholder is a person, group, or organisation with an interest or concern in a business, project, or decision. Stakeholders can affect or be affected by the organisation's actions, objectives, and policies.

Stakeholders include employees, customers, suppliers, investors, communities, and governments. Stakeholder management involves identifying, prioritising, communicating with, and balancing the interests of different groups. It is central to corporate governance, project management, and sustainability.

Key points

• Person or group with an interest
• Can affect or be affected
• Includes employees, customers, investors, communities
• Central to governance and projects