As I’ve explained in my previous article, the stakeholders in an organisation are its customers, employers, employees, government, owners and suppliers amongst others. The stakeholder can be a person, group or even an organisation that has an influence in a company. Stakeholders are different from others as they can have a different type of influence on a business. Every business has aims and objectives. An aim is a more broad term and is what the business would like to achieve in the long term, where as an objective is more of a short term thorough approach on how to achieve the long-term aim. Detailed objectives are known as SMART objectives, this is a mnemonic acronym, providing criteria to guide when setting objectives. These objectives go as follows: * Specific – Means that the objective the business would like to achieve is precise and clearly stated. * Measurable – The outcome the firm would like to achieve is a numeric value that can be measured. * Achievable – The objective should be possible by the organisation. * Realistic – The target is what results can realistically be achieved, given available resources. * Time – The objective will be met within a given period of time. Most businesses have general aims which they can break down into detailed objectives. By arranging aims and objectives; firms give themselves a sense of direction and purpose. With a general plan in place, a business can set precise objectives and observe its progress towards achieving
Firstly Stakeholder is an individual or a group who has an interest in the success of a business I delivering high results and maintaining the viability of the business’s products and services.There are internal and external
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.
goals are likely to be met. They are benchmarks in the process of a project that indicate
Stakeholders have a significant influence on the aims of an organisation. They are the people who are affected by or interested in the business. In some organisations the shareholders are stakeholders, and at times have some of the decision power. In trade organisations, customers are also considered stakeholders; therefore their needs are part of the organisation’s overall objectives.
Any lack of clarity can result in the team aiming off target and missing the goal and the visions. -Measurable : How will we know that we are on track? Particularly if the objective will take some time to be realized?
Method for measuring progress toward goals and objectives and how progress will be reported to
In the IT and business field, the stakeholders can be many different people. Talks of tech have a great definition of stakeholders stating that: "Any person who has interests in an existing or
For example, if you currently have about 10% of the population trained in CPR/AED and your goal is to have 50% of the population trained in CPR/AED, your measurable goal would be to have a 40% increase in population trained in CPR.
Each of the targeted or hopeful goals has specific information in regards to the primary goal.
“Stakeholders (or interest groups) are tangible, visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.”
Stakeholders are people or groups with interest in an organization that can affect or be affected by the organization itself, its objectives, or its policies (BusinessDictionary, 2015). Each stakeholder brings their own perspective to the table based on their relationship with the organization (e.g. internal or external role), their level of experience, and their area of expertise about the subject matter they are involved with. At a high level, the list of stakeholders for any organization could include people or groups such as: customers, employees, government agencies, suppliers, unions, community resources, shareholders, and business owners. For the purpose of this assignment, I will discuss and review stakeholders relative to the
Cuyahoga Community College (CCC) is located in Cleveland, Ohio and has 3 campuses located in Downtown Cleveland (Metropolitan), Highland Heights (Eastern), Parma (Western), and Westlake (Westshore). CCC also has satellite sites for Workforce Development (Metropolitan) and the Brunswick University Center (Brunswick). CCC main objective is deliver high quality education while keeping tuition low. The main goal of the college is to successfully guide students to graduate with an Associate’s Degree and/or Industry Certificate. There are currently over 20,000 students enrolled in courses at CCC. I will be describing in this task the Academic Affairs division of the Western Campus.
The (word) stakeholder means any person with an interest in business, someone who can contribute to the company grows and success or who benefits from its success. The various stakeholders in business have differing role and their level of involvement in the enterprise varies
This target can be measured by looking at international agreements/protocols related to energy, their objectives and of course the results (whether the objectives were attained).
1.2 Description of the extent to which an organization meets the objectives of different stakeholder…….4