Define: "Stakeholders" in Business
Multi-headcount capital waste
"People who slow down the project. Keep them on a 'need to know' basis."
Individuals or groups who have an interest in the success of a project.
What does "Stakeholders" actually mean?
"The 15 people who will complain about the final product but refused to attend the requirements meetings."
"We will present the revised timeline to the key stakeholders on Wednesday."
"The stakeholders demanded a completely customized user interface but refused to provide any requirements beyond 'make it pop.'"
By The Chief Waste Officer
18 years in the corporate trenches quantifying waste so you don't have to.
Related Terminology
Tired of hearing this?
Next time someone says "Stakeholders" in a meeting, track exactly how much company money they just wasted. Play Buzzword Bingo, generate a waste invoice, and stop the bleeding.
