Tool 2 – Stakeholder Analysis
Once your stakeholders have been identified, you next need to develop a system to analyse their level of interest and motivation. You should consider issues such as how long they may like to be involved and their levels of concern. Understanding whether stakeholders support, dislike or are undecided about your project will help you engage with them in future meetings. To use this tool effectively you will need to categorise your stakeholders into a set of three criteria: (i) how they view the project, (ii) their influence and (iii) how much they will be affected by the project – both positively and negatively. It is also important to consider how often and at what points during the mining cycle, you should meet with stakeholders.
STEP
1
List the stakeholders gathered from tool 1
STEP
2
Evaluate each stakeholder’s opinion – positive, neutral or negative; their influence – high, medium or low and how greatly they will be impacted – high, medium or low
STEP
3
Design an analysis matrix and use the category list to assign priorities to each stakeholder
STEP
4
Create a stakeholder map to view each stakeholder’s position in relation to the project
Further Reading:
Sources:
DFID, Tools for Development: A Handbook for Those Engaged in Development Activity, 2003,
Section 2: Stakeholder analysis.
IFC, Strategic Community Investment: A Good Practice Handbook for Companies Doing
Business in Emerging Markets, Washington DC, June 2010.
IFC, Strategic Community Investment: A Quick Guide, Highlights from IFC’s Good Practice
Handbook, Washington DC, February 2010. Both IFC publications available at:
www.ifc.org/ifcext/sustainability.nsf/content/publications_handbook_communityinvestment
IFC, Stakeholder Engagement: A Good Practice Handbook for Companies Doing Business in
Emerging Markets, Washington DC, 2007. Available at:
www.ifc.org/ifcext/sustainability.nsf/content/publications_resettlement
Zandvliet, L. and Anderson, M. B., Getting it Right: Making Corporate-Community Relations
Work, Greenleaf Publishing, Sheffield, 2009.