GREAT GIFT IDEA!

The Vocabulary Builder Workbook of Adjectives

✔ Add 2,000 must-know adjectives to your vocabulary.

✔ All-in-one: dictionary, thesaurus, & workbook.

✔ 99 categorized lessons, 232 practical activities.

✔ Suitable for students & professionals of all ages.

✔ Ideal preparation for: TOEFL, TOEIC, IELTS, SAT, ACT, GRE, GMAT, CPE, BEC, PTE, FCE

Buy on Amazon

4.9

Transform Your Vocabulary Today!

stakeholder

noun

/ˈsteɪkˌhoʊl dər/

IPA:

Dictionary definition of stakeholder

An individual, group, or entity that has a direct or indirect interest in a particular project, organization, or system.
"The stakeholders included community members, government officials, and industry leaders."

Detailed meaning of stakeholder

Stakeholders are individuals or entities who are affected by or can influence the outcomes or decisions related to a specific endeavor. They can include various parties such as employees, customers, shareholders, investors, suppliers, government agencies, community members, or advocacy groups. Stakeholders have different levels of involvement, responsibilities, and concerns, and their interests often align with or are impacted by the success or failure of the project or organization. Stakeholders can play a vital role in shaping policies, providing input, or contributing resources to achieve desired outcomes. Understanding and managing stakeholder relationships is crucial in business, governance, and project management, as it involves balancing and addressing the diverse interests and concerns of those who have a stake in the venture. In summary, stakeholders are individuals or entities who have a vested interest in a project, organization, or system and can influence or be impacted by its outcomes or decisions.

Example sentences containing stakeholder

1. The CEO held a meeting to address the concerns of key stakeholders.
2. The stakeholders expressed their opinions during the town hall meeting.
3. The project manager consulted with various stakeholders to gather feedback.
4. The company conducted surveys to understand the needs of its stakeholders.
5. The stakeholders played a crucial role in shaping the company's sustainability initiatives.
6. The shareholders attended the annual general meeting to vote on important decisions.

History and etymology of stakeholder

The noun 'stakeholder' has a relatively modern origin and emerged in the context of business and management in the 20th century. The term is derived from two words: 'stake' and 'holder.' 'Stake' comes from the Middle English word 'stak' or 'stake,' which referred to a pointed wooden or metal post driven into the ground as a marker or support. 'Holder,' on the other hand, is a common English word denoting someone who holds or possesses something. When combined, 'stakeholder' forms a concept that conveys the idea of individuals, groups, or entities who hold a figurative 'stake' or interest in a particular project, organization, or system. This term has since become a crucial concept in business and organizational management, emphasizing the importance of recognizing and engaging with those who have a vested interest in the outcomes and decisions of a given entity or endeavor.

Quiz: Find the meaning of the noun stakeholder:

answer1

answer2

answer3

answer4

Try Again!

Correct!

Continue Quiz

Further usage examples of stakeholder

1. The stakeholders collaborated to develop a comprehensive action plan.
2. The organization conducted focus groups to gather insights from different stakeholders.
3. The stakeholders provided financial support to launch the community development program.
4. The project's success relied on effective communication and engagement with stakeholders.
5. The company implemented a stakeholder engagement strategy to foster positive relationships.
6. The stakeholder meeting discussed the project's progress.
7. Identifying key stakeholders is crucial for project success.
8. We need to consider the needs of every stakeholder.
9. The stakeholders had differing opinions on the proposal.
10. The stakeholder's input greatly influenced the decision.
11. We must prioritize stakeholder engagement in our plan.
12. The company values its relationship with stakeholders.
13. Stakeholder satisfaction is a priority for this organization.
14. Effective communication is vital to engage stakeholders.
15. The stakeholders' concerns were carefully addressed.
16. Balancing the interests of all stakeholders is challenging.
17. Stakeholder buy-in is essential for project approval.
18. We aim to maintain transparency with our stakeholders.
19. The stakeholder survey gauged satisfaction levels.
20. The meeting aimed to align stakeholder expectations.
21. Every stakeholder contributes to the project's success.
22. The stakeholder's support was instrumental in the launch.
23. A diverse group of stakeholders attended the conference.
24. Our goal is to build trust with all stakeholders.
25. The stakeholder analysis identified key influencers.