Stakeholders are users and groups of people or activities, that share the same interests connected to the company.
Once, especially in economics, stakeholders were defined as entities that effectively propelled the company forward: such as employees, financial partners, and suppliers.
Currently, the concept of stakeholder linked to marketing scopes has a broader definition.
Types of Stakeholders
There are, therefore, various types of stakeholders:
- Internal and external stakeholders: while employees are internal stakeholders, suppliers and other entities that we will see shortly after are defined as external stakeholders.
- Dormant or latent stakeholders: these are potential stakeholders who must be particularly monitored by the company because they are not yet fully involved in the production process but could soon become so (for example, an unpaid supplier who might give a bad reputation to the company or even take legal action).
Differences between Stakeholder and Shareholder
If a stakeholder is an entity that can modify your brand's idea, a shareholder, on the other hand, holds shares in the company itself; they are the investors in the firm.
Shareholders have more or less decision-making power in corporate dynamics based on the stock value of their investment. Financial institutions that provide loans to the company and future investors are also defined as shareholders.
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