Showing posts from January, 2024

Mastering stakeholder management

In the fast-paced world of Generative AI, where consultants solve complex business problems for diverse clients, mastering stakeholder management emerges as a critical skill set. While technical prowess and analytical rigor from MBA programs may be valuable, navigating client relationships and stakeholder dynamics are the difference between success and failure in any program. Stakeholder management involves understanding, engaging, and influencing individuals or groups with vested interests in project outcomes. For managers, this entails interacting with a myriad of stakeholders, including senior executives, middle managers, frontline employees, and external partners. Each brings a unique perspective, priorities, and influence, making managing these relationships challenging yet crucial. A common mistake is underestimating stakeholder management's importance. Technical expertise means little if managers fail to garner buy-in and support from key stakeholders, leading to resistance,