ELI5: Explain Like I'm 5

Stakeholder management

Stakeholder management is like having a conversation with someone who is very important to you. For example, when you're trying to get a job, you want to make sure you talk to the person who makes the decision about hiring. That person is important to you because they can help you get the job. Stakeholder management is about managing those relationships and making sure you're talking to the right people at the right time. It's also about understanding how their decisions might affect you and your goals. It's important to keep these people in the loop and listen to their advice. By doing this, you'll be able to make decisions that are in the best interest of everyone involved.