Internal Stakeholders are board members, staff, and volunteers. External stakeholders are individuals such as clients, and partners in the community. The University lost their top officials, which had an impact on them financially. Board members were not informed of any allegations but were being accused by the media. The board members accepted full responsibility for the crisis, however, no one resigned. Some stakeholders were devastated and others felt like Paterno and the University was being treated unfairly.
An organisation has external stakeholders and internal stakeholders. External stakeholders are individuals or groups outside the business who are linked to the organisation in some way but not directly these can be customers, shareholders, society, suppliers and the government. On the other hand are Internal Stakeholders, these stakeholders are individuals or groups who work directly inside the business. These are the employees, managers and owners of the company.
A tragic hero is a self- acknowledged person who contains a tragic flaw, which sets into motion a series of events that results in the utter ruin and demise of the hero. Joe Paterno, former head football coach of the Penn State Nittany Lions, truly reflects this characterization. Paterno was well known for his own successful football career as both a quarterback at Brown University and coach at Penn State. He led the Nittany Lions to two back-to-back perfect seasons in 1968 and 1969, two national winning championships in 1982 and 1986, and 37 bowl appearances with 24 wins. Additionally, he coached five undefeated teams, and was later inducted into the College Football Hall of Fame. Joe Paterno seemed to be living the life of a living legend,
There are many stakeholders involved in Macmillan and BT. A stakeholder is someone who effected directly or indirectly as a result of the activity of the business. These stakeholders can be internal or external. An internal stakeholder are people who are within the business such as the owners or managers. External stakeholders are people who are outside of the business such as suppliers or the community. Either way, they all have a relation to the business which will effect them.
The Penn State scandal affected many people. Many who worked for the University and many who weren’t affiliated with the college at all. All of the individuals affected by the incident are considered to be stakeholders. Although this incident impacted many individuals across the nation, the University resides in Pennsylvania, and the stakeholders include employees of the college, customers who attend various events at the college and the community it resides in (Crandall, Parnell, & Spillan, 2014). Even though all of these individuals are considered stakeholders, they can be placed in two different categories that consist of internal stakeholders and external stakeholders (Crandall et al., 2014). The internal stakeholders are individuals that
When asked who is the greatest coach to lead a NFL team to the Super Bowl, Vince Lombardi’s name would be mentioned. He took the worst team in the NFL and transformed them to be the best. His team succeeded to win 6 divisional titles, 5 NFL championships, and 2 back to back Super Bowls. Vince Lombardi was both a visionary and ethical leader by leading his team through a new way of systematic thinking and obstacles. In this essay, I will state claims on how he became a visionary leader. Two core concepts came to play while researching his life. The first was how he displayed inspirational motivation while guiding his players to the Super Bowl and painting a vision. Secondly, he displayed team dimensions by knowing how to balance a team and also earning mutual respect. Later, I will state claims on how he was an ethical leader. First, he used reflective thinking, system 2 in critical thinking by using some decision making no one has ever used to ultimately win the Super Bowl. He also used the Three P’s (principles, purpose, and people) concept in the ethical leadership lesson on how he used those three principles to reach a common goal and display excellence in all we do. Additionally, I will tie his visionary and ethical leadership styles into my personal relevance and use some examples. Finally, I will conclude with a summary of the main points and end with a couple of quotes.
There are two types of stakeholders- internal and external. Internal stakeholders mean the business/organisation that runs the activities, for example – managers, employers, supervisors etc. On the other hand, external stakeholder means when the business/organisation depends on external factors that can affect the businesses’ decisions: for example- customers, suppliers and the government.
Another major event in the case was Levy’s decision to fire his COO. When he first took the job in January, many board members urged him to fire her. He declined, and as of April 9th, he was happy with her performance and said he would not be making any major organizational changes. Less than a month later, however, he asked her to step down saying, among other things, that she never “got anything done” and that she exerted too much control over “people and data.” Structurally, her dismissal reinforced the hierarchy and role definition he had been working hard to establish. Additionally, he appeared to operating from the symbolic frame because, had he fired her immediately based on the advice of the board, it would have looked as though he wasn’t in charge. By waiting to fire her, he made it appear as though it was strictly his decision because deciding who the COO should be is not the “board’s job.”
A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments, these are groups outside of the business.
Stakeholders are anyone who has a interest or influences the business in anyway. There are two
A stakeholder is a person or a group of individual who are interested in the success of a business in delivering successful results and maintaining the activity of the businesses products and services. There are internal and external stakeholders in every company. An internal stakeholder is someone who is internally connected to the business that have personal interests which they may follow. An external stakeholder can be a person or a group of people such as investors, customers, suppliers, people who are predisposed by the business but are not fully in the business.
Internal stakeholders are those who render their services and engage in economic activities within a grocery store. Owners, employees, suppliers, customers, investors and vendors could be some internal stakeholders.
External factors are those that affect business from outside the organization. There are several external factors that affect the outcome of day to day business, even for a huge corporation like Disney. Walt Disney has been known for its family entertainment for more than eight decades. It started small in the 1920s and has grown phenomenally today to a global corporation. Even a business this powerful and profitable is affected by external factors.
Internal stakeholders are described as “the managers and employees of a company.” Connected stakeholders are those that are beyond the immediate boundaries
Stakeholders can be divided into internal and external claimants. Internal claimants include shareholders and employees including the managers of the firm. External claimants typically comprise customers, suppliers, bankers, competitors, governments, trade unions, alliance partners, communities and the general public. Looking further into external stakeholders one could, also include the environment.
Although they have external stakeholders in their business the must have internal stakeholders for them