D Communication Guide Dec. 2013 | Page 6

It is not so important any more that one earns a spot on the news or has a featured article in the local newspaper. As the graph on the previous page shows Stakeholders are mapped by assigning them attributes. The more attributes a stakeholder is assigned, the higher importance such a stakeholder has. Today communication challenges companies to become personal and get directly in On the other hand, if a group or an individual cannot be assigned a single attribute they should not be considered as stakeholders. Going through a careful selection process takes valuable time but will also save a lot of time down the road when it really matters. Separating a stakeholder form a nonstakeholder allows a company to focus efforts and resources on satisfying stakeholder needs and requirements without wasting time and resources on non-stakeholders. Non-stakeholders can be groups or individuals demanding something from your organization but lacking the most important stakeholder attributes— legitimacy and power. Legitimacy means that the stakeholder has the right to demand something from a company. Normally, legitimacy is connected to vested interest, dependency or business specific regulatory institutional relations. On the previous page media was not mentioned among one’s most important stakeholders. The reason is that though media is still prominent and every pany should pay the necessary attention reality today has changed the way people municate. even comto it, com- contact with consumers. Thus, the so far very important media stakeholder is replaced by the general public and our target groups specifically. 6