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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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
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Carrefour is one of the largest hypermarket chains that exist around the globe. It originated in France‚ Marcel Fournier‚ Denis Defforey and Jacques Defforey was the creators of Carrefour. Carrefour is the pioneer retailer in Europe and the second one around the world. This hypermarket has been expanding around Europe. It also spread elsewhere through its partners and franchisees‚ such as the stores that exist in Egypt. Entering Carrefour store means that you’ll get to experience top quality products
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Stakeholder Impact Analysis To conduct a stakeholder impact analysis‚ one can begin by using the 5-question approach‚ the moral standard approach or Pastin’s approach. All three of these approaches have similar yet different stakeholder’s interests to examine. Under the first scenario‚ the mayor has a difficult decision to make. Should the mayor allow development of a large mall and resort that will displace 100 seniors? Under the 5-question approach‚ the mayor should ask whether the
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The Stakeholder Theory Charles Fontaine Antoine Haarman Stefan Schmid - December 2006 - Stakeholder Theory of the MNC Index 1. Introduction ........................................................................................3 2. Basic idea of the Stakeholder Theory and Definition ....................3 2.1. 2.2. 2.3. 2.4. 2.5. The stakeholder concept – popular and trendy..........................................................................4 Different definitions of Stakeholder
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1.) The key issue here is whaling and whether or not it is something that needs to happen in this day and age. There are many stakeholders that come to mind in the whaling debate. In order to go more in depth with the analysis‚ I am going to focus on the grindadráp‚ also known as the grind‚ in the Faroe Islands. The Grind happens is that during the summer‚ the Faroese people surround pilot whales with a semicircle of boats‚ then they drive these whales to shore where the hunters wait to kill them
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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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political and economical factors that will be affecting Jet2.com in the coming years. In order to structure the information‚ several management tools will be used such as: SWOT analysis: this will help to identify the strength and weaknesses together with the company’s environmental opportunities and threats. PESTEL analysis: This tool will select the vital influences on the company’s future development‚ which factors are most likely to change and which ones will have the greatest impact on the company
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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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AirBnB stakeholder analysis Stakeholder description Airbnb is a peer-to-peer platform that provides accommodation for lodgers‚ and the possibility for people with unused living space to rent it out. The website offers anything from budget rooms‚ to luxury villas‚ which makes it a serious alternative to the hospitality industry. Prior to a business conference held in San Francisco‚ the two founders Brian Chesky and Joe Gebbia decided to offer additional accommodation for the participants.
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