Stakeholder analysis

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  • Stakeholder Analysis Model

    improved through the adoption of a Political Economy Analysis (PEA) framework. In 1996, the President of the World Bank, John Wolfensohn addressed the ‘cancer of corruption’ as a major impediment to growth. Since then the World Bank has had a mounting concern over corruption. Today, the Bank’s anti-corruption strategies incorporate concerns over ‘good governance’, particularly in underdeveloped countries. The World Bank has since employed a stakeholder approach to address the political…

    Words: 1917 - Pages: 8
  • Stakeholder Interest In Business: Sears, Roebuck, And Business

    A stakeholder is “any group or individual that can affect or be affected by an organization’s purpose.” With the idea of the stakeholder’s definition, there are many individuals that become affected by any one organization or business. Such people can be shareholders, financiers, employees, suppliers, customers, the surrounding community, and the government. Each different type of stakeholder has their own interests of which they would like to achieve from an organization. The stakeholder’s…

    Words: 980 - Pages: 4
  • M & M Ujala Case Study

    made by the company, is a stakeholder of that particular company. However, not all stakeholders are equal. For example, the decision of M/s Ujala’s company would affect it’s customer differently and creditors differently. The main responsibility of M/s Ujala is to give the interests of it’s stakeholder at utmost priority. Management must incorporate the corporate social responsibility agendas keeping in mind all the stakeholders and the relationship with them. The Stakeholders of M/s Ujala…

    Words: 944 - Pages: 4
  • Case Study: Macphie's Push To Innovate

    Case Study: Macphie’s Push to Innovate Introduction There are many decisions organizations make to drive a product from concept to customer. Stakeholders both internal and external can create a ripple that results in the need for innovation. The effect is felt when external stakeholders intentionally or unintentionally interrupt the process. Many times the company has no control over these influences. In this case, Macphie could no longer compete with their competition due to their new pricing…

    Words: 949 - Pages: 4
  • The Stakeholder Theory

    The stakeholder theory is a theory of organizational management and business ethics that address morals and values in managing an organization. It addresses the importance of how companies and corporations should empower the stakeholders, not only the shareholders. The stakeholder perspective is used in developing particular guidelines for assessing human resource management effectiveness, and how that should treat the individuals that are shareholders or stakeholders. Freeman describes two…

    Words: 717 - Pages: 3
  • The Pros And Cons Of Nike Financing

    This paper presented the shift from Stockholder dominant theory to stakeholder theory that took place over the decades. Now corporations do not only have a responsibility towards their shareholders as Friedman argued, they also have a responsibility towards all of its stakeholders too. Furthermore all stakeholders should be treated as ends themselves. Applying this shift to Nike case study, it is clear that Nike does not only have to be accountable…

    Words: 1202 - Pages: 5
  • Organizational Culture Observation Report

    The next time I walk-in into any store I would surely observe more than I ever have until now. The reason simply being that in the last couple of days I have learnt so much about organisational culture and its different aspects that I can no longer look at any organisation the way I used to look at it before. Earlier, whenever I used to visit a store, it never occurred to me that everything that I could possibly see in that store was meant to be the way it is for a reason. I was unaware of the…

    Words: 784 - Pages: 4
  • Friedman And Milton Friedman's Corporate Social Responsibility?

    that (1) a business does not have responsibilities, businessmen do and they are acting as an agent of the principle (the company) and should therefore be serving the interests of the stockholder (Friedman 1970). Gibson (2000) despite supporting stakeholder theory, the component that “an individual surrenders a degree of autonomy to an organisation” (Gibson 2000; p. 252) is still relevant in the traditional view. If the shareholders’ interests are in line with maximising profits than, to a…

    Words: 1433 - Pages: 6
  • Importance Of Institutional Barriers To Climate Change In South Africa

    are doing accordingly to the plan with minimal conflict amongst different stakeholders. These intermediary organizations would translate the scientific data into information that would be relevant to the policy that the stakeholders are looking for. They would act as an intermediary in these kinds of situations, extension officers and NGOs would have to improve their communication methods in order to allow different stakeholders to understand the information…

    Words: 1362 - Pages: 5
  • Informal Power In Criminal Justice

    the type of power leaders rely on when interfacing with internal and external stakeholders significantly affects how they are perceived. This is certainly true in criminal justice institutions, where employees and members of the public alike recognize criminal justice decision-makers and law enforcement agents as authoritative (Giblin, 2013). How power is carried out in criminal justice administration affects stakeholders’ perceptions of organizational justice. Formal power extends from…

    Words: 1979 - Pages: 8
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