Just like in any comparison, it’s important to first define what an employee is and what a stakeholder is:
Employee: A person who is hired or has accepted a job. They come in, they do said job, they get paid and they leave.
Stakeholder: A person who is brought onto a team, accepted a career. They come in, they work hard and give it their all in order to ensure that the team succeeds as a whole and is always looking out for the benefit of others, rather than themselves.
“We wanted to have a team of stakeholders – That meant that everybody who is here is going to be invested in the outcome of this company and they’re going to work hard towards it.” – Tristan Flannery, Co-Founder, Zero Hour Media
DOES IT REALLY MATTER IF I HAVE A STAKEHOLDER OR AN EMPLOYEE?
Now, sure, the definitions I just gave could easily summarize this entire blog – But let’s dig into the fine details of each comparison and where they fit.
There are places and situations where an employee is a perfect fit.
If you have a sort of tedious, monotonous task or duty that needs to be fulfilled on a regular basis, an employee would be ideal. Generally speaking, they may not have the ingenuity or creative mindset in regards to the job at hand, but they will complete said job at the end of the day.
This is a win-win for both the employer and employee.
A stakeholder in your company’s success is often going to bring new, creative ideas to the table.
They are likely to go above-and-beyond to achieve nothing but excellence.
When you breed stakeholders, you breed individuals who think outside the box and often complete goals in unconventional ways, ways that couldn’t make you any prouder of them as a team member, leader, CEO, etc.
This is also a win-win for the entire team.
“I love the fact that all of our team are stakeholders in our success… And, together, we’re going places.” – Tristan Flannery, Co-Founder, Zero Hour Media