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Product Management

Stakeholder Management

385 people are learning this skill right now!
Stakeholder management involves identifying, analyzing, and engaging with individuals or groups who have an interest or Influence in the product's success. It aims to build relationships and ensure their needs and expectations are met to achieve successful outcomes.
  1. Learn Stakeholder Management with the Practica AI Coach

    The Practica AI Coach helps you improve in Stakeholder Management by using your current work challenges as opportunities to improve. The AI Coach will ask you questions, instruct you on concepts and tactics, and give you feedback as you make progress.
  2. Intro to Stakeholder Management

    Stakeholder Management involves the identification, analysis, and engagement of stakeholders to ensure their needs and expectations are met. It is a critical aspect of product management and requires a strategic approach to achieve success.
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  3. Common Stakeholder Management Challenges

    These are common challenges people face when gaining expertise in stakeholder management. Tackling these challenges head-on can help you learn this skill quicker.

    I’m a Product Manager at a startup. We are developing a new feature that requires significant changes to the existing infrastructure. The engineering team is already overwhelmed with other projects and deadlines, so they are resistant to making these changes. What are the best steps for me to address their concerns about workload and bring them on board with this project?
    I’m a VP of engineering at a tech company. We are planning to adopt a new technology stack to improve performance and scalability. The development team is hesitant as they are comfortable with the existing stack and are nervous about the learning curve. What should my approach be to get this group of stakeholders to understand why this is important and get their support?
    Work on your own challenge with the Practica AI Coach
  4. How to Manage Stakeholders

    Effective stakeholder management involves a range of activities, including stakeholder identification, analysis, prioritization, and engagement. This requires clear communication, Active Listening, and a willingness to adapt to changing stakeholder needs and expectations.
  5. Managing Difficult Relationships

    Managing difficult stakeholder relationships requires a proactive approach that involves identifying potential conflicts, addressing concerns, and finding mutually beneficial solutions. This requires strong communication skills, Empathy, and the ability to negotiate effectively. It is important to establish trust and build positive relationships with stakeholders to ensure project success.
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