Cycle glossary

Product terminology simply explained

Stakeholder Management

Stakeholder Management is a crucial concept in product management, where you identify, engage and nurture relationships with the individuals or groups that have an interest or influence over your product. Think of stakeholders as the different people or teams who can make or break your product's success. It's like managing a big dinner party - you need to ensure that everyone's needs, expectations, and opinions are addressed and taken into account. By understanding and managing your stakeholders effectively, you can align their interests with your product goals and increase the chances of a successful launch.

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