The Product Manager’s Atlas
Influencing People

Internal and External Stakeholders

3 min readΒ·705 words
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A stakeholder is anyone whose interests your product touches: whose support you need, whose constraints you inherit, or who can derail you if they are surprised. The first behavior under Stakeholder Management is proactively identifying them, and I take "proactively" literally. You map them before the project, not in the post-mortem.

#The trap of treating them as one blob

New PMs say "I need to manage my stakeholders" as if it is a single task. It is not. A sales leader who wants a feature for one deal, a platform owner whose policy you have to comply with, and an engineering manager you share a team with are three completely different relationships. Lump them together and you will over-communicate with the people who do not care and under-communicate with the ones who will sink you.

So I split them on two axes: internal versus external, and how much they can actually affect the outcome.

#Internal stakeholders

People inside your company. You will see them in the hallway, share OKRs with them, and need them repeatedly, so the relationship compounds over time. The major types:

TypeWhat they wantHow I manage them
Engineering & DesignClear problems, stable scope, the "why"Daily partnership; this is Cross-Functional Collaboration, not "stakeholder management"
Executives / leadershipConfidence the bet is sound; no surprisesManaging Up: brevity, business framing, Executive Communication
Sales / GTM / MarketingThings to sell; launch dates; messagingTranslate their asks into problems; never let one deal set the roadmap
Support / OpsFewer tickets; advance warning of changesA rich Voice of the Customer channel; warn them before launches
Data / Legal / FinanceCorrectness, compliance, viable economicsPull them in early as consultants, not last-minute approvers

#External stakeholders

People outside the building. The stakes per interaction are higher, the contact is less frequent, and you represent the whole company when you talk to them.

  • Customers and users are the most important external voice, but treat their feedback as input, not instruction. (How I separate signal from the loudest request: Voice of the Customer.)
  • Partners, which in my world meant league and media partners and co-marketing deals. Mutual value, or the relationship rots.
  • Vendors and platform owners like Apple, Google, and payment processors. You do not control their constraints, so you design around them. Manage expectations transparently and keep your credibility intact.

#Mapping: who needs what

Identification on its own is not enough. I sort everyone by influence on the outcome and interest in it, the classic 2x2. It tells me where to spend communication effort.

Low interestHigh interest
High influenceKeep satisfied (execs who must not be surprised)Manage closely (partners, decision-makers, your core team)
Low influenceMonitor (a light update is plenty)Keep informed (engaged users, adjacent teams)

The failure mode is inverting it: pouring energy into vocal low-influence stakeholders while a high-influence one quietly loses confidence in you.

#The tie to decision rights

This is where mapping gets sharp. A stakeholder map tells you who cares. It does not tell you who decides. Conflating the two is how PMs end up paralyzed, treating everyone with an opinion as a veto. That is why I always pair the map with RACI and Decision Rights, so every stakeholder gets an explicit role: Owner, Partner/Approver, Consulted, or merely Informed. "You are a consulted stakeholder, not an approver on this one" is one of the most useful sentences a PM can say, and it is only possible once the decision rights are written down.

✦Run the map at kickoff

Take five minutes at the start of any non-trivial initiative: list everyone the work touches, place them in the 2x2, assign each a RACI role, and decide your cadence for each. It is the cheapest insurance I know against a late-stage blindside.

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