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Vol. I · No. 251
Mon · 8 Jun
A Daily Lexicon of Trustworthy Data
The Lexicon

658·40

stakeholder

/ˈsteɪkˌhəʊl.dər/ - n.

1 [colloq.] A title that grants a seat at the review and immunity from the result. Every stakeholder holds the stake; no stakeholder holds the decision.Keep. Punchy.This is the problem.

Working definition

2. A person or group with a legitimate interest in an outcome, whose needs a decision must account for.

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See also
  • accountabilityA quality every initiative is said to require and every org chart is careful never to locate.
  • executive sponsorThe name on the kickoff slide, available again at the one-year retrospective.
  • raci matrixA grid that makes authority explicit by listing four people beside a decision none of them can make alone.
  • the businessThe party to whom accountability is assigned precisely because it is not a person. The requirement came from the business, was approved by the business, and was owned, in the end, by no one who answers to that name.