stakeholder

Meanings

• noun

  A person, group, or organization that has an interest or concern in a project, business, or organization.

  - "The community is a major stakeholder in the success of the new development project."
  - "As a shareholder, I am a stakeholder in the company's profits."
  - "The customers are stakeholders in the company's decision-making process."

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Pronunciation

1. /ˈsteɪkhoʊldə(ɹ)/
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=88671705"

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Rhymes

Words rhyming with stakeholder
stakeholder , maintainer , misdemeanor , maintainer

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Variants

List of all variants of stakeholder that leads to same result
stakeholder , stakeholders , stakeholding , stakeholdings

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'stakeholder' originated in the business world in the mid-20th century.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'stakeholder' comes from the Old English word 'stac,' meaning 'stake or pillar.'

2. The first recorded use of the term 'stakeholder' in a business context was in a 1963 Harvard Business Review article by R. Edward Freeman.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. stakeholder analysis: A process used to identify and prioritize stakeholders based on their influence, interest, and power in a project or organization.

2. corporate social responsibility: A business model that helps a company be socially accountable to its stakeholders by addressing the needs of the community and the environment.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

The concept of stakeholders has gained increasing importance in various fields, including business, politics, and social organizations.

How to Memorize "stakeholder"

1. visualize
   

   - Imagine a group of people or organizations gathered around a table, each with a 'stake' in the outcome of a project or organization.

2. associate
   

   - Think of stakeholders as those who have a vested interest or stake in the success or failure of a project or organization.

3. mnemonics
   

   - Remember the S in stakeholder stands for Stake, as in having a stake in the outcome.

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