How do organisations conduct stakeholder analysis?

Organizations conduct stakeholder analysis by identifying all potential stakeholders involved in or affected by their projects or initiatives. They assess each stakeholder's interests, influence, and impact on the organization, often categorizing them into groups based on their level of power and interest. Tools like stakeholder mapping or matrices may be used to visualize relationships and prioritize communication strategies. Finally, organizations engage stakeholders through surveys, interviews, or meetings to gather insights and ensure their concerns are integrated into decision-making processes.