Stakeholders Play A Pivotal Role

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.

Healthcare is a large industry that impacts numerous consumers. There are many stakeholders within the healthcare setting. Each consumer plays a vital role within the industry. Determining which one has the biggest impact on healthcare is a challenging task. In this industry, the consumers are the patients, physicians, insurance companies, pharmaceutical companies, employees, and suppliers. Each works with one another to provide quality service. The patient selects the caregiver; which may be determined by the quality of service the physician provides. Some selections are made based on a referral from friends or relatives.

Stakeholders play a positively affected role with the research methodology for implementing this program for new entry nurses that will be working with individuals or groups of people that suffer from mental disorders. These stakeholders include consumers, caregivers, mental health service providers, mental health service managers, health policy makers, and health service researchers. First, determine the staff members that will be involved in building this program. This would consist of the mental health service providers, mental health service managers, health policy makers and health service researchers. This team of experts will be responsible for brainstorming the desired end-results of this program. The team will bring knowledge of research

Stakeholders are highly involved in this work. Our workgroups meet monthly in various locations throughout the community, which includes, but not limited to; the Woonsocket Public Harris Library, Landmark Medical Center, Community Care Alliance, NeighborWorks Blackstone River Valley and Hamlet Middle School.

Attention to stakeholders throughout the strategic management process is very crucial because there may be a complex interaction when trying to formulate a problem and searching for the solutions, with both of them jointly contributing to organizing participation. In other words, individuals often want to be convinced that there is something that can be done about a problem before they will participate ‘success’ for public organisations – and also their survival according to the various definitions depends

FabulousTaste is a small restaurant running for the past 2 years and they are currently looking to expand their brand. What or who is a stakeholder? The term mostly used within businesses are, an individual or group that has a legitimate interest or stake in a company. Strategic planning process is a big role within organizations and the right stakeholders need to be on board when these planning decisions are taking place. I will list the stakeholders that should be present during planning

Stakeholders are the people whose interests are critical to organisation’s success. Their direct or indirect involvement in the operations and strategic decision about the business determines the organisation’s performance.

The stakeholders or those who have an invested interest in this business – those who make the decision or one who impact this organization internally and externally - are:

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

There are various definition of stakeholders by many scholars. According to Bryson (2003), stakeholders are defined as persons, groups, or organizations that must somehow be taken into account by leaders, managers, and front-line, who can affect or is affected by the achievement of the organization’s objectives. Furthermore, stakeholders are the suppliers, customers, employees, stockholders and the local communities who contributes positively for the growth of any business by having claim in an enterprise (Langtry, 1994).With respect to the annual report of Tesco (2016), stakeholders are defined as group of people (customers), colleagues, shareholders, and supplier partners who have a solid governance framework which helps in rebuilding

In today’s markets and global interactions, organizational leaders must consider the complexities of engaging with multiple stakeholder interdependently as well as simultaneously. Accountable leaders are aware that mutual interactions benefit both communicators during a positive woven relationship. Moreover, the ability to create a network of stakeholders also promotes organizational energy for all involved. Promoting valuable and lasting relationships also includes promoting agendas that helps the needy as well as the world. These helping relationships networks apply from volunteering to raise money for HIV and Aids too promoting human rights agendas. These stakeholder frameworks provide for key interconnections that promote the

From the beginning of time, creating value for stakeholders have been the main frame for success and advancement; from the hunter age to warrior age, craftsman age to explorer age… and on until now. For every management philosophy in the business world that regards maximization of the interests of its all stakeholders (shareholders, customers, financiers, employees and the community) as its highest objective. Its objective is to maximize this value by following policies: that can minimize the cost and waste while improving the quality of its product, enhance the skills and satisfaction of its employees, and contribute to the development of the community from which it draws its resources and sustenance. Compare with shareholder value approach.

Stakeholders are very important in today's modern society, as they can hold the key to the company's success. They take care of the financial issues, and decisions made by and for the company. The six main stakeholders are Financiers, Pressure groups, Suppliers, Employees, Owners, and, of course, the Local Community. Stakeholders can range from central

According to Smith (2003) and Schmidt (2012), stakeholders are anyone who contributes and is affected by the business capacity and activities, such as shareholders, customer, employees, suppliers, and local communities (p. 86). Morgan Stanley’s sales contest is an example

There are numerous ways in which stakeholders can be defined, and it comes down a project team’s definition of stakeholder that has a large bearing on who will be identified as a stakeholder. Nutt and Beckoff (1992: 439) define stakeholders as ‘All parties who will be affected by or will affect the organization’s strategy’, while Eden and Ackermann (1998:117) define stakeholders as ‘People or small groups with the power to respond to, negotiate with, and change the strategic future of the organization’. Nutt and Beckoff’s definition is very broad while Eden and Ackermann’s definition is more specific; as to be a stakeholder the party must have the power to