Stakeholder Management is key knowledge to organisations, and its influence continues to grow in the field of decision making.
Organizations have come a long way in their knowledge and perception of stakeholder management. In fact, some decades ago, stakeholders were often seen as inconvenient and cumbersome outsiders. And even today many mistakenly view the influence of the stakeholder or how to deal with them as public relations or communications exercise. Nevertheless, the influence of the stakeholder continues to grow and is an important part of decision-making by organizations.