Definition of Stakeholder
Definition Last Updated 17-Dec-2015 12:51
A stakeholder in an activity is an individual or group entity who might receive some benefit or disbenefit from the outcomes of some activity (characterised by both direct and indirect effects) whose interests the performers of that activity should consider by virtue of some policy, i.e. someone with a stake or interest in that activity whose stake in it must be considered.
Stakeholders are expressed as relationships of the form:
(Simple) [entity] is a [stakeholder] in [activity ] because [rationale]
(Full) [entity] is a [stakeholder] in [activity ] because [rule] gives [benefit] to [entity] from [activity] [outcome] and [policy] requires [activity] [performers] to consider [activity] [benefit] to [entity]