WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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board of directors of General Motors‚ under the leadership of outside director John G. Smale‚ instituted a revolt against the company’s top management team. Horrified by GM’s recent $4.5 billion loss and angry at the slow pace of change instituted by GM chairman and chief executive officer Robert Stempel‚ the board decided to teach GM’s top management a lesson. Stampel lost his leadership of the board’s executive committee (GM’s top policy-making committee) to Smale‚ who effectively became his overseer
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Walmart Stakeholders 3/18/2013 Walmart is one of the largest retailers in the world that is steadily growing and seeking to develop ways of meeting the needs of their stakeholders. In our textbook‚ stakeholders are defined as “people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address” (Nickels‚ McHugh & McHugh‚ 2009). Walmart has several internal and external stakeholders that keep the business at the top of the retail
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Introduction This assignment is based upon information collected on Republic Bank Limited. This is to illustrate the mission‚ vision and stakeholders and how the stakeholders affect the organisation. The company chosen is Republic Bank Limited. Republic Bank Limited (RBL) is a large organisation. It consists of thirty nine (39) branches within Trinidad and Tobago. They also have subsidiaries such as Barbados National Bank Inc‚ Republic Bank (Guyana) Limited
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that continually underachieved‚ losing money year after year. Improvements were desperately needed to increase the efficiency of the manufacturing process and reduce operating costs. GM had considered shutting down the plant; however‚ when a new bonding process‚ using carbon fiber‚ for the TCC was approved in 1995‚ GM instead invested thirty million dollars into the Fredericksburg plant to incorporate the new process. From the beginning‚ Hinrichs faced a difficult situation. The previous
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Data –info—decision making * Info exchanges with external env/within the organization Internal/external info needs of organization diagram * Intelligence info: gathered from stakeholders and external env. * Internal info: flows up and down across the organization * Public info: spread out to stakeholders and ext envi * Info system * MIS management info sys * DSS Decision supply system (helps in decision making process) * AI artif intelligence –the use of robotics
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(I) Reguladores (I) R l d Organizadores (O) Propósito P ó it (Z) Insumos Transformación (Y) Bienes / Servicios (X) Suministradores (S) Actores (A) Clientes (C) Declaración de Identidad STAKEHOLDERS + INTERVINIENTES = PARTICIPANTES Stakeholder Toda aquella persona‚ grupos de personas‚ organizaciones o instituciones que son relevantes para la transformación que lleva a cabo la organización T-ASCO-I Cadena de Valor de Porter (CVP)/Modelo Delta (Efectividad Operacional
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Course Project: Leadership & Organizational Behavior in Action August 26‚ 2012 I. Introduction xxxx Insurance Company is a Fortune 100 company based in Northbrook‚ Illinois that employs over 50‚000 employees across the country. It is widely known through its “You are in Good Hands with Allstate” slogan. Allstate’s major business is private passenger auto and homeowners insurance which are marketed under the Allstate brand‚ Encompass and Esurance (acquired in 2011). This course
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What is Stakeholder Analysis? Stakeholder Analysis (SA) is a methodology used to facilitate institutional and policy reform processes by accounting for and often incorporating the needs of those who have a ‘stake’ or an interest in the reforms under consideration. With information on stakeholders‚ their interests‚ and their capacity to oppose reform‚ reform advocates can choose how to best accommodate them‚ thus assuring policies adopted are politically realistic and sustainable. Although Stakeholder
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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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