ELI5: Explain Like I'm 5

Stakeholder engagement software

Okay, kiddo, let me explain what stakeholder engagement software is.

Imagine you are playing a game, and you need to work with other players to win. Each player has different needs and opinions to take into account to make the best decisions. This is what we call stakeholders – people who have an interest in how something works, like a project or a company.

Stakeholder engagement software is a tool that helps people who are working on a project or running a company to manage and communicate with all those different stakeholders. It does this by providing a way for people to collaborate, share information, and get feedback on ideas.

For example, let's say a company wants to build a new factory in a community. There will be many stakeholders involved, such as the local government, environmental groups, and the people who live in the area. The company can use stakeholder engagement software to keep all these groups informed about what's happening and get their feedback on the plans.

So, in simple terms, stakeholder engagement software helps people work together better by making sure everyone's voice is heard, and all stakeholders can participate in decision-making.