Preview

Royal Mail Stakeholders Analysis

Powerful Essays
Open Document
Open Document
1607 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Royal Mail Stakeholders Analysis
ASSESS the impact on stakeholders of the privatisation and flotation of the Royal Mail
Established in 1516, Royal Mail is a postal service business, based in London, UK. Royal Mail had always been a public service for most of its history, considered to be a government department. However, with the rise of E-mail and the online social networks, there has been a torrential fall in the volume of letters, which was once the major business of Royal Mail. Faced with great financial hardship, Richard Hooper, the former deputy chairmen of the Office of Communication, proposed the introduction of private capital in 2008, as a way to save Royal Mail in the digital age. On 15 October 2013, 52.2 percent of Royal Mail’s shares were finally floated on the
…show more content…
A stakeholder is anybody who has an interest in an organization, either internal or external (Marcouse et al., 2011).In this essay, the author will mainly assess the impacts of Royal Mail’s privatization on three …show more content…
(2007) "The Impact of "Going Private" on Corporate Stakeholders." Brooklyn Journal of Corporate, Financial & Commercial Law, 3, pp.75-88.

Marcouse, I., Surridge, M. and Gillespie, A. (2011) Business Studies for A Level. 4th edn, London: Hodder Education

National Audit Office (2014) The Privatisation of Royal Mail. Available at: http://www.nao.org.uk/wp-content/uploads/2014/04/The-privatisation-of-royal-mail.pdf (Accessed: 17 October 2014).

Pettinger, T. (2011) “Advantages and Problems of Privatization”, Economics Help, 12th May. Available at: http://www.economicshelp.org/blog/501/economics/advantages-of-privatisation// (Accessed: 17 October 2014).

Post and Parcel (2013) “Royal Mail Privatization Going Ahead – a Briefing”, 10th July. Available at: http://postandparcel.info/56830/in-depth/royal-mail-privatisation-going-ahead-a-briefing/ (Accessed: 17 October 2014).

The Economist (2013) “Why is the Royal Mail being privatized?” 10th October. Available at: http://www.economist.com/blogs/economist-explains/2013/10/economist-explains-9 (Accessed: 17 October

You May Also Find These Documents Helpful

  • Good Essays

    USPS Assignment

    • 741 Words
    • 3 Pages

    1.The USPS is currently drowning in a astonishing amount of financial debt, that is threatening the survival of the federal agency. The USPS is aware of its badly broken business model and is in the process of a strategic restructuring of the agency as a whole. The agency is suffering because it has been unable to meet its budget since 2006, and has been in a deficit borrowing money from the US treasury to make ends meet. Exhausting their debt this year, there’s a lot of politics on what should be done to prevent a shut down. Its clear that with the increase of technology and…

    • 741 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In this report I will be investigating how TESCO keep their stakeholders happy and meet the needs of their stakeholders. Stakeholders are people who have an interest in the decisions that businesses make.…

    • 851 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Usps Business Practices

    • 1533 Words
    • 7 Pages

    New goals were required in order to get the USPS out of the red and into the black once again. This would require drastic changes that would affect not only the company itself, but the public it served. We will come to those changes throughout this paper. The next piece of the puzzle is leading.…

    • 1533 Words
    • 7 Pages
    Better Essays
  • Good Essays

    This report investigates the different stakeholders involved in influencing the purpose of Britain’s largest retailer Tesco Plc, this will then be compared to Bonzers Farm, which is a successful local business providing fresh produce. In this report we will get to distinguish key stakeholders in both businesses, and their relevance and the part which the play within that business. I will then conclude my report by discussing conflicts of interest and the interdependencies with those stakeholders.…

    • 1271 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The Usps Problem

    • 978 Words
    • 4 Pages

    It has come as no surprise that the United States Postal Service lost money in the first two quarters of 2010. $8.5 billion to be exact. Next year they, plan to lose even more. Somewhere in between $9 billion to $10 billion dollars. The problem will not be as simple to fix, but it is a problem that can be resolved with a few simple implementations and cost cutting options. Overspending and undercharging has led to needing to cut cost and raise prices. The USPS is trying to do both, but it requires Congressional approval and some simple economics. Here is what should be done in solving this problem.…

    • 978 Words
    • 4 Pages
    Good Essays
  • Good Essays

    1. Royal Mail: This is most widely used mail service. It offer wide range of mailing options at competitive prices to suit customers needs.…

    • 1620 Words
    • 7 Pages
    Good Essays
  • Good Essays

    For two centuries, the United States Postal Service (USPS) had been delivering many packages to people all over the country. However, in the modern world, there are less packages for the mail carriers to deliver because of email and other companies. In order for USPS to stay in business, they should change their ways of delivering to meet the needs of the changing world.…

    • 519 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Higgins, Dan. "Small firm tries reverse stock split to escape Sarbanes-Oxley burden."Chattanooga Times Free Press. April 10, 2005.…

    • 4791 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    The Reason Foundation, Privatization and Layoffs (March 1, 2001) Retrieved on January 23, 2012 from http://reason.org/news/show/privatization-and-layoffs…

    • 938 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Sarbane-Oxley Act of 2002

    • 3019 Words
    • 11 Pages

    [12] CIO magazine. “SEC/Sarbanes Oxley Changes to Give Small Public Firms a Break.” December 11, 2006. Accessed April 1, 2009 from: http://www.cio.com/…

    • 3019 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Post Office Dbq

    • 660 Words
    • 3 Pages

    The United States Postal Service (USPS) has delivered packages and other various mail for more than two centuries. With a significant increase to the USPS, however, the deficit in income has caused the USPS to shorten delivery days. In light of this, the United States Postal Service should not cut back on delivery days, but alternatively be reconstructed to meet the needs of Americans. It is important to support the traditions of the USPS by revamping the corporation’s policy, image, and by implementing modern-day morals.…

    • 660 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    M1. Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations.…

    • 1272 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Australia Post

    • 401 Words
    • 2 Pages

    2) The mail segment, the mail segment can also divided into three small segments, transactional mail, promotional mail, and social mail. The transactional mail and social has been deceased in past few years, since the electronic forms of communication have been developed. Such as email, a more convenience, faster, cheaper and reliable form to exchange information. Even the promotional mail is till remaining strong since business still prefer using physical paper form rather electronic forms, cannot help with the mail segment in the postal industry. And this trend will continue to be greater in the future, which means people would prefer choose electronic forms rather than physical paper forms to interact.…

    • 401 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Every single day Jenna sits at in her living room. Without fail around 5 minutes after 9, her dog Luca begins to bark. That is the signal she waits to hear, this means that the mailman is coming up the stairs. Every single day Jenna greets him at the door, until one day the mailman, whose name was Steve, isn’t there. Not because he passed away, but because he had been let go. The United States Postal Service is very important and should not be expected to change in this changing world, because it is part of our history, gives people jobs, and is cheaper than other services like UPS and FedEx.…

    • 681 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Business Model of Canada Post is tagged as 19th-century model maybe it has not changed with time, also, many reports say that it has a very strong bureaucratic structure that completely blocks innovative ideas. Many People have complained over past few years that their parcel went missing or it was broken hence making it less reliable. Moreover, the technology used by Canada post is also outdated and there is unsustainability of revenue and Canada Post finds it difficult to where to use its revenue. The biggest weakness of an organization can be if it’s not capable to change with time and the customer cannot rely upon the organization these are most important issue for Canada Post to…

    • 920 Words
    • 4 Pages
    Good Essays