The City and County of Denver has several stakeholders including City Council, the people of the City and County of Denver, and the employees. All stakeholders are an important part of the organization even though their roles are defined independently. There are times when conflicts may arise between stakeholders and ethical decisions need to be made. The Denver City Council has 13 members, 11 from equally populated districts and two that are elected officials (City and County of Denver). They are the most important stakeholders because they share an interest in the City and County of Denver because they approve laws and address common community issues. Milton Friedman and the shareholder model advocate that “leaders are under an obligation …show more content…
The people or members of the community have a high stake in the City and County of Denver because they live, work, and pay government taxes. They want to know that they are safe and that City Council and all employees are creating a city that is sustainable. The city could not function or thrive without their existence. The community supports schools as well as police and fire departments so everyone has an opportunity to thrive and co-exist. Employees of the City and County of Denver are stakeholders in the City and County of Denver. According to Milton Friedman’s shareholder model, “every executive will treat employees well if he or she believes that doing so will lead to increased productivity and increased profits” (Bredeson, P. 28). This model can be applied to both the public and private sector because employees are stakeholders in any organization. The stakeholders are ranked in the order of importance with City Council coming in first, followed by the people/communities, and then the employees to follow. City Council is ranked slightly higher in importance because they include members of the community and become voices for their particular district. It is difficult to make a decision however, they assist with speaking for the community and have power over laws and decisions for both the community and the employees of the City and County of …show more content…
Their jobs are important to sustain the city and ensure that everything is running and strong and uninterrupted. It is important to make the employees are well taken care of and content so, faithful good employees do not seek employment elsewhere. If layoffs occur it will inevitably effect the entire community and their families so, their stake in the City and County of Denver is extremely important even though they are listed at the bottom. Employees can affect the way an organization does business and ultimately affect their profit margins.
When attempting to resolve conflict between stakeholders it is important to first determine who those stakeholders are. Once the stakeholders are determined it is important to acknowledge the opinions and values of those stakeholders so, when an ethical decision needs to be made there should be no surprises about how a certain stakeholder may view the dilemma. It’s also important to know how all the stakeholders fit into the puzzle and who has the ability to make the decisions and what each role they will
A stakeholder is someone who has interest or concern for an organisation or business. Stakeholders can be affected by policies, aims and objectives. An example of stakeholders would be employees and the government. Stakeholders can be individuals, groups and organisations. Owners of a business would be concerned about profit the business or organisation makes.
City council gives members of the community a chance to voice their concern on various things. Such as an event that is taking place or an issue regarding
Planning is transforming socially, but to achieve change it has to bring together, politicians, planners, and residents (Sandercock, 2004). Citizen’s opinions and rights should be taken into consideration. It is the number one rule in the planning process for participants. It says, “recognize the rights of citizens to participate in planning decisions” (Ethical, n.d.). Cities cannot progress unless they change their ways of doing things.
Moreover, the employee get involved more to help the organization succeed.
Each relationship with each stakeholder will differ in importance according to the “Stakeholder Salience Theory” by Mitchell, Agle and Wood. The following stakeholders will have the following relationships with SAGF (Mitchell, Agle and Wood,
Stakeholder analysis (also called stakeholder mapping) is a method of determining the levels of interest and influence an individual, group, or organization have in an information system development as defined in Bourne, (2010). Stakeholder analysis is a method that prompt project team members understand different stakeholders interests in a project and increase the chances of producing a successful product. It helps in deciding which stakeholders might have the most influence over the success or failure of project, the most influential supporters or principled opponents. De Baar (2006) elaborated it more as a technique to identify and analyze the information on stakeholders surrounding a project, their relationships, interests, and expectations
Today's decision-making is highly influenced by economic variables, which have been understood as far from ethical thinking. , for example the company, pharmaceutical knowing that there is ignorance about the origin of a particular component of a Defective drug, you will decide whether to hire providers that provide a better option. In this case it can be determined that there is greater suffering if new providers are not hired. Doing so would benefit the three actors in some way. To begin with, the company would continue with the prestige that characterized it and not lose its customers, in addition to having been able to launch a product that does not generate any kind of discomfort and unfortunate accidents among consumers.
To resolve this conflict of interest, I would like to use Thomas White’s Framework. Thomas White’s framework for ethical decision making should be more useful to deal with situations in dilemma. White’s framework states: • Analyze the consequences and collecting necessary information. • Analyze the actions. • Making the final decisions.
Day after day, they influence the success of the organization through their productivity and efficiency in performing routine tasks and duties. Even more important is their ability to adapt to unforeseen circumstance that arise and correct any issues in an efficient manner. Within Lockheed Martin, specifically the Sikorsky sector, are the people who develop and create military helicopters sold for a profit. Sikorsky wants its employees to be more than satisfied; happy employees will maintain or better still, increase productivity and efficiency in the workplace, driving more sales and generating more revenue. As the core of Sikorsky, the employees are dominant stakeholders due to their power over decisions and legitimacy.
In the case of promoting democracy and empowerment, local councilors are expected to ask themselves: What are the best ways I can get input into council plans and processes from citizens, communities and interest groups? How can I demonstrate that I am available to and concerned about my community or constituency? How can I make sure the community is involved in implementing the plans and programs of the council? A councilor’s responsibility is to work with citizens in realizing these challenges. In the case of developing a strategic vision, the following set of questions could be asked by councilors: Am I helping to educate my constituents about the broader issues affecting the sustainability of our communities, municipality, and country?
Stakeholder analysis Stakeholder are entity that will affect the organization actions, objectives and policies. There are two types of stakeholder which is internal stakeholder and external stakeholder. The McDonald’s stakeholders are customers, suppliers, employees, managers, government, local communities and pressure groups. Customers Customers are the external stakeholders of the company, no customer mean zero profit.
Every stake holders has its own needs and demands from the organization. Every stakeholder which are directly attached to the company requires the information as it required and his role. These are the persons, groups or other company which have legitimate interest in the company and its functions. These persons or the group directly or indirectly communicate with the company. Stake holder analysis is done below to understand the needs and demands of the stakeholders.
3. Stakeholders: Definition:A person, group or organisation that has interest or concern in an organisation. Stakeholders can affect or be affected by the organisation 's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources. Not all stakeholders are equal.
However, as we discussed in class, there are so many situations where ethical decision-making occurs, and there are so many factors that influence why we do what we do. Because we work with a multitude people with interesting and diverse lives and backgrounds, and because we come in with our own baggage and experiences that influence how we act and react, we make split-second decisions all the time that can have profound effects on our work and our consumers. Having so many opportunities to look at my own actions, this particular assignment has been so rewarding and interesting for me. This is the first time in any of my assignments where I have been forced to look at how ethics is involved in our
Altinay and Miles (as cited by Appiah, 2016) suggested that stakeholders are a uniform group who display individual forms of stakeholder relationships. Many theorists have identified stakeholder groups, along with the expectations they hold according to Connolly; Johnson & Scholes; Kuratko,