How to Run a Stakeholder Analysis Session on a Whiteboard

How to Run a Stakeholder Analysis Session on a Whiteboard

Launching a product or entering a new market means navigating a network of people with different levels of investment in the outcome. Some have significant organizational power but limited interest in what you're doing. Others are deeply interested but have little influence over the decision. A few sit at the intersection of both. Those are the relationships that determine whether a project succeeds. Stakeholder analysis makes that network visible by plotting each person on two dimensions simultaneously, so engagement strategy follows directly from position rather than from guesswork.

Watch stakeholders ranked first by interest, then repositioned by power. Watch the four engagement strategies emerge from where each block lands.

Switch-Its makes every placement a conversation

With Switch-Its magnetic dry-erase blocks, each stakeholder is a named block that gets placed on the grid by the team together. Positioning is a shared decision, not a solo judgment, and disagreements surface before they become blind spots.

Whiteboard stakeholder analysis grid with Power on the vertical axis scaled from Low at 0 to High at 10, Interest axis beginning to form, and all stakeholder blocks — Marketing, Investors, CEO, Owner, CFO, Legal, IT Support, Beta Users — waiting above the empty grid before placement begins

Rank by interest before adding power

All eight stakeholders wait above the empty grid. The first pass ranks them by interest in the product, from IT Support at the low end to CEO at the high end. Getting one dimension right before adding the second keeps the session from becoming a free-for-all.

Switch-Its stakeholder grid partially filled — CEO and Investors and Owner placed in the high-power high-interest quadrant, CFO and Legal in the high-power low-interest area, Marketing and Beta Users in the low-power high-interest zone, IT Support in the low-power low-interest corner — presenter pointing to the boundary between quadrants

Add power to find the quadrants

Each block repositions as power is layered in. CEO, Investors, and Owner land in the high-power high-interest zone. CFO and Legal sit high in power but lower in interest. Marketing and Beta Users show strong interest but limited organizational influence. IT Support lands in the monitor zone.

Completed stakeholder analysis grid with four quadrant strategy labels added — Manage Closely in the high-power high-interest zone containing CEO, Investors, Owner; Keep Satisfied in high-power low-interest containing CFO and Legal; Keep Informed in low-power high-interest containing Marketing and Beta Users; Monitor in low-power low-interest containing IT Support — Interest axis labeled at bottom, presenter gesturing to the quadrants

Four quadrants, four engagement strategies

The strategy labels go on last: Manage Closely for high power and high interest, Keep Satisfied for high power and low interest, Keep Informed for low power and high interest, Monitor for low power and low interest. Every stakeholder now has a named engagement approach, and the whole map is visible to the team at once.

Stakeholder analysis is most valuable when it's done collaboratively. The disagreements about where a particular person belongs on the grid are often more informative than the final placement. Making it physical means those disagreements happen out loud, in front of a shared map, where they can actually be resolved. The same logic applies to risk prioritization and other placement-based frameworks in the broader prioritization activity collection.

More prioritization activities

Back to blog

AI Disclosure: This blog was drafted with AI assistance but fully reviewed, edited, and approved by a human author who takes full responsibility for its accuracy.