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Courses/Product Management Foundations/Stakeholder Management/
Exercise #4

When speaking with executives, focus on strategic goals and ROI

When speaking with executives, focus on strategic goals and ROI.

With engineers, discuss technical challenges and solutions.

For sales, highlight competitive advantages and customer benefits.

Remember that stakeholders may have hidden agendas or conflicting priorities.

Building trust through consistent, transparent communication makes it more likely that stakeholders will share their true concerns and motivations. Pro Tip!

Create a simple chart for key stakeholders noting their primary goals, concerns, and preferred metrics.

Reference this before important meetings to ensure your communication aligns with their priorities.

Effective communication channels Picking the right ways to communicate with stakeholders is key to managing them well.

Even great information can miss the mark if it's shared in a way stakeholders don't connect with: Purpose : Different methods work for different goals.

Formal approaches (written requirements, presentations, reports) create clear records and explain complex details.

Informal methods (conversations, quick chats , emails ) allow for faster feedback and help build relationships.

Frequency : Consider how often each stakeholder needs updates.

Some need daily check-ins, while others prefer weekly or monthly updates.

Too many messages can be just as bad as too few.

Topics

Foundational Overview: Stakeholder Management
Stakeholder Management — Part 2
Keep them informed and use them for feedback
When speaking with executives, focus on strategic goals and ROI
Stakeholder Management — Part 5
Reliability builds credibility with technical teams
Stakeholder Management — Part 7
Strategic Takeaways: Stakeholder Management
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Stakeholder Management

Level 4 · Execution, Stakeholders & Decisions

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