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- Category: Risk Management
- Category: Business
- Stakeholder Risk-Value Alignment Matrix
Stakeholder Risk-Value Alignment Matrix
The Stakeholder Risk-Value Alignment Matrix is a 2x2 matrix used to assess the risk and value of a particular stakeholder in a business. It is used to prioritize stakeholders based on their risk and value to the organization.
At a very high level, the Stakeholder Risk-Value Alignment Matrix is used in the context of business, risk management.
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What is the Stakeholder Risk-Value Alignment Matrix?
A visual explanation is shown in the image above. The Stakeholder Risk-Value Alignment Matrix can be described as a matrix with the following quadrants:
- Low Risk, Low Value: Stakeholders in this quadrant have a low risk of causing harm to the organization and provide little value to the organization, such as a customer who is unlikely to cause any harm and is unlikely to provide any significant value.
- Low Risk, High Value: Stakeholders in this quadrant have a low risk of causing harm to the organization and provide high value to the organization, such as a customer who is unlikely to cause any harm and is likely to provide significant value.
- High Risk, Low Value: Stakeholders in this quadrant have a high risk of causing harm to the organization and provide little value to the organization, such as a customer who is likely to cause significant harm and is unlikely to provide any significant value.
- High Risk, High Value: Stakeholders in this quadrant have a high risk of causing harm to the organization and provide high value to the organization, such as a customer who is likely to cause significant harm and is likely to provide significant value.
What is the purpose of the Stakeholder Risk-Value Alignment Matrix?
The Stakeholder Risk-Value Alignment Matrix is a 2x2 matrix used to assess the risk and value of a particular stakeholder in a business. It is used to prioritize stakeholders based on their risk and value to the organization.
The matrix is divided into four quadrants, each representing a different risk/value combination. The top left quadrant represents stakeholders with low risk and low value, while the bottom right quadrant represents stakeholders with high risk and high value. The other two quadrants represent stakeholders with low risk and high value, or high risk and low value.
The matrix can be used to identify stakeholders that should be given priority, as well as those that should be avoided. It can also be used to identify stakeholders that may need additional resources or attention in order to maximize their value to the organization.
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What templates are related to Stakeholder Risk-Value Alignment Matrix?
The following templates can also be categorized as business, risk management and are therefore related to Stakeholder Risk-Value Alignment Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.
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