A stakeholder is a person or group who can affect or is affected by the achievement of the organizations objectives. Corporate Clinic will help you become aware of the interests of stakeholders and to measure the relative importance those interests are to them and to realize how those interests are connected to yours. It is important to examine conflict of interests, if any, and to understand the perspectives of the various stakeholders. Communication plan and the impact of inviting stakeholders into communication process can be of great help to the organization. Classifying stakeholders to latents, promoters, apathetics and defenders will clarify the future management approaches which the company has to pursue.