Stakeholder Theory Defining it in relationship to Social Responsibility Author note This paper will help our class research the Stakeholder theories to come up with a framework to address the issues in the Niger Delta‚ defining principle of who or what really counts concerning the core‚ the fringe and other stakeholders; so that this project will be socially responsible and a win-win for all. Abstract This paper will explore and define the what
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Stakeholder analysis toolkit 1. What is Stakeholder Analysis It is the identification of a project’s key stakeholders‚ an assessment of their interests and the ways in which these interests affect the project and its viability. A stakeholder is any person‚ group or institution with an interest in the project. A stakeholder may not necessarily be involved/included in the decision making process. Stakeholders should be identified in terms of their roles not individual names. A stakeholder need not
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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My mind map has been developed from using the theories‚ theorist‚ and concepts that have been discussed in unit one through unit five. I have linked the various groups of theories and theorist around the public administration discipline. The three theory area specified mind maps developed are organizational theory‚ decision-making theory‚ and theory of management. The organizational theory map focuses on the classical and neoclassical organization and the different theorist views and opinions
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There are many factors which have an effect over corporate strategy other than the organisations stakeholders which can influence the management decision process and the corporations strategy. The most influential external factors which will effect the organisations strategy are those included within the PESTEL framework and ethical issues within the marketplace‚ internal factors will mainly include the organisations history and culture. When discussing strategy there are generally 3 different
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According to Kerzner‚ “Stakeholders are individuals or organizations that can be favorably or unfavorably impacted by the project” (Kerzner). Stakeholders can be internal like employees or they can be external like suppliers. Some best practices include identifying all stakeholders‚ determining their level of interest & importance levels‚ paying attention to cultural influences and listen to all opinions and apprehensions‚ list all stakeholder expectations clearly‚ identifying tasks and who
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Introduction Stakeholders are individuals and constituencies that contribute‚ either voluntarily or involuntarily‚ to its wealth-creating capacity and activities‚ and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation‚ and those stakeholders can have different views and opinions on what corporation ’s goals should be and how they should be running. I have interviewed three different stakeholders of Staples
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Value Stream Mapping is a method of creating a “ One page picture “ of all the processes that occur in a company‚ from the time a customer places an order for a product‚ until the customer has received that product. Several things are correlated with value stream maps in businesses. Some examples include value-adding processes‚ non-value-adding (waste) processes‚ and cycle time. That being said‚ the process that we chose to analyze is Barnes and Noble‚ Inc. supply chain. This process includes many
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Competency MappingDefine competency mapping. Briefly discuss the steps involved in competency mapping and its limitations. Explain the methods of competency mapping being followed in any organization familiar with and its effects. COMPETENCY MAPPING Competency mapping is a process to identify key competencies for an organization and / or job and incorporating those competencies throughout the various processes (i.e. job evaluation‚ training‚ recruitment) of the organization . A competency is defined
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An Introduction to Structural Geology Introduction Structural geology is the study of the features formed by geological processes. Features include faults‚ folds and dipping strata. Geologists can work out the order of events and see which events are related by taking fairly simple measurements and using simple methods. Measurements and Techniques The most obvious thing to do when trying to decipher the structural history of a formation is to describe it. One way of doing this is to measure the dip and strike
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