Strategic Stakeholder Management A stakeholder is any individual‚ group‚ or organization that has an interest or concern or may be impacted as a result of an organization’s activities‚ objectives‚ policies‚ or products. Strong relationships between an organization and its stakeholders are critical to a company’s success. To effectively manage stakeholder relationships‚ an organization must understand the nature and composition of its stakeholder community and how stakeholder power and interest levels
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Strategic Context and Stakeholder Management Floyd Dudley‚ Karen Govea‚ Anthony Hester‚ Charles Hobbs‚ Joyce Joiner and Richard Paige CPMGT: Strategic Project Management University of Phoenix May 26‚ 2008 Strategic Context and Stakeholder Management A strategic emphasis is critical to Project Managers and the projects they select. “Projects‚ as building blocks in the design and execution of organizational strategies provide the means for bringing about realizable changes in products and
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Reading 3.1 : Global Dialogue with Capital Market Stakeholders The rules‚ processes and institutions that govern the global capital markets are struggling to keep up with the constant innovation of the 21st century. Today’s investors demand financial reporting they can trust and businesses are trying to find the right way to express this information while regulators are seeking to promote investor confidence and market integrity. This is an article written by the worlds 6 largest audit firm
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"Voice of the Customer" Dell implemented a Voice of the Customer or "end-to-end” flow of distribution‚ fully embracing the entire supply chain. Dell has aligned its supply chain people‚ processes and technology to meet customer needs at each step‚ but here is the critical point: Dell recognized those answers and capabilities were different for its different customer segments and hence the need to build multiple supply chains (e.g.‚ customer direct versus retail). Dell has over looked one major
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A stakeholder is someone who has an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of a business. Customers are arguably the most important stakeholder. This is because they are the main source of cash flow in a business. This means that the business has to listen to what the customers want and need in order to make a profit. Customers Customers are arguably the most important stakeholder. This is because they are the main source
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attaining the desired goals. Gap analysis gives an organization a chance to find out its current state and what it should do to attain its goals in the near future. The following paper seeks to discuss mapping accomplishments and transferable skills of an organization. Activity 4.1 When mapping the accomplishment of a daycare‚ the owner should consider accomplishments such as improvement of the school surrounding such as buying of new merchandise which can include things such as new beds‚ mattresses
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GUIDELINES for GIS Mapping‚ MIS development and Integration of GIS with MIS Ministry of Housing & Urban Poverty Alleviation Government of India Guidelines for GIS Mapping‚ MIS development and development Integration Integration of GIS with MIS Government of India Ministry of Housing & Urban Poverty Alleviation Table of Contents 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0. 9.0 Introduction ..........................................................................
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history of the organization. 2. Provide a clear‚ concise statement of the problem(s)/issues(s). 3. Identify primary and secondary internal and external stakeholders affected‚ describe their stakes in the issue‚ analyze the situation for effect on these stakeholders‚ and describe the issues and impact from the stakeholders’ views. 4. Summarize the primary and secondary ethical issues(s) involved. 5. Describe the organization’s strategy in dealing with this issue(s)‚ critique
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Stakeholders may perceive different harms and cannot be managed in isolation Risk identification will require presentation and justification to different stakeholders Identify stakeholders‚ risks‚ and develop a risk response All should hold the same ideas of potential risks within the organization Keeps the organization disciplined and proactive Reaches out to the stakeholders and influences them Be creative and energetic when
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Stakeholder analysis Stakeholders are defined in many ways. Traditionally in UNICEF guidance‚ stakeholders are defined as "people or groups that have an interest in a program or activity and/or are likely to be affected by it." Stakeholder analysis as a strategic tool often casts wider‚ including all the actors who can influence or be influenced by the achievement of a given goal or undertaking. These include the winners (those who have something to gain by achieving a goal) and the losers (those
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