A methodology is outlined for stakeholder analysis, consultation and engagement in large carnivore conservation and management. The methodology is comprised of three stages. First, a stakeholder analysis will deliver a Strengths, Weaknesses, Opportunities and Threats template. In the second stage, stakeholder consultation and engagement will build on the SWOT template and it will be informed by a mixed-motive approach, so that stakeholders can elaborate on and negotiate perceived costs and benefits of any alternative option to be considered. The third stage includes monitoring of stakeholder interaction through participatory scenario development. Taken together, all three stages of the methodology allow for a structured interaction among stakeholders in time. The methodology offers a series of templates, which would be completed through stakeholder input and which would be employed as a reference base for stakeholder interaction. In this way, stakeholder engagement reinforces commitment to the process, since stakeholder involvement is inscribed in the outcome of the procedure. The proposed methodology integrates stakeholder interaction within a culture of continuous social experimentation. Any decisions will necessarily have a temporary character, being subject to scrutiny and critical reappraisal. Within this frame, stakeholder deliberation has to be conceptualized as a process that will remain always incomplete and in need of regular revision.