ipl-logo

The Importance Of Stakeholder Activism

1890 Words8 Pages

1. INTRODUCTION Stakeholder activism is a way which stakeholders can influence a corporation’s behaviour by exercising their rights as stakeholders (Chiu, 2010:1). In this process activists present threats to the organisation, but they also provide opportunities for the organisation to manage their communication in a strategic way. These groups often co-work with the government to affect internal operations as the government is seen as a pathway through the resolution of these problems. Activist groups also seek out ways to influence and change certain conditions through means that range from education to violence. In this essay I will be distinguishing between organisation-focused and issue-focused stakeholder management, describing the issue …show more content…

I will be unpacking its various stakeholders through aligning them in to the stakeholder salience model as well as the stakeholder map and discussing key stakeholder concepts. Community development is a process where community members come together to take collective action and generate solutions to common problems. Community wellbeing (economic, social, environmental and cultural), in this aspect we are dealing with community development in terms of job creation. ORGANISATION-FOCUSED AND ISSUE-FOCUSED STAKEHOLDER MANAGEMENT From the analysis of the role of companies in multi stakeholder networks and a critical review of the stakeholder theory. It is evident that companies practice two types of stakeholder management. They focus on their organisations welfare (organisational stakeholder management) or an issue that affects their relationship with other societal groups and organisations (issue focused stakeholder management) There are various platforms in which you can distinguish between organisation-focused and issue-focused stakeholder management. Point of reference of organisation-focused stakeholder management is the focal point whereas the point of …show more content…

They dwell in the area which ultimately means if more jobs are created in these communities, the standard of living will naturally increase for its members Development of community stakeholders is a critical way to ensure accountability and legitimacy. It is also a way to recognize voices that possess important information on how the community revitalization process should proceed. How many rental-housing units have been built in asset-poor communities while residents really wanted homeownership opportunities or economic development programs that provided jobs? If a CDC develops its base through community outreach and values its community as stakeholder, it has a much greater chance of making successful mid-course

Show More
Related

  • Why Are Stakeholders Important In Healthcare

    133 Words  | 1 Pages

    Some of the important stakeholders include: internal (executive and senior management, such as CFO, CEO, CNIO, CMIO, CIO, departmental directors), interphase (focus groups representing front line clinicians, pharmacists, nurses, other allied healthcare professionals) and external ( e.g. government regulatory bodies, patients, accreditation associations). As a stakeholder is any individual that can affect or be affected by the CIS deployment, it is important to identify and engaging them early on is critical to the latter success. The interphase stakeholders know best the workflows at the point of care and will help identify a system that is compatible with the needs and has functionality that is in line with the processes. The internal stakeholders

    Read More

  • Stakeholder Awareness In Nursing

    498 Words  | 2 Pages

    A successful dissemination has three goals awareness, understanding, and action and specific strategies are used to reach targeted audience (Myers & Barnes, 2004). Awareness brings attention to the study or new practice to the maximum number of stakeholders. Understanding provides a rationale or purpose of the study or new practice and action demonstrates how the study was implemented and provides an evaluation report. Selecting one or more of these goals that are appropriate for the target audience will increase the likelihood that the new practice will be accepted by key stakeholders as well as influence and increase the motivation of other healthcare organizations to implement the practice (Agency for Healthcare Research and Quality [AHRQ], 2012). This paper provides a summary of strategies to disseminate the trial results of using alcohol disinfectant caps (ADCs) to prevent central line-associated bloodstream infections (CLABSIs) to key stakeholders over a 2-month period followed by dissemination to the greater nursing collective.

    Read More

  • Richard Graeter's Stakeholders

    259 Words  | 2 Pages

    A Stakeholder is any individual who has a vested interest in a business and is affected by the organisations decisions and strategies (Pride, Hughes & Kapoor 2015, p. 10). Therefore, the people most affected by Graeter’s decisions to take a long term view of the business rather than aim for short term profits are the family members who have a stake in the business. At the present, Richard Graeter II (CEO), Robert Graeter (vice president of operations) and Chip Graeter (vice president of retail operations) manage the business and are responsible for all the decisions regarding its operations. Graeter’s management team have chosen to forgo the opportunity for short term profits by adhering to the traditional manufacturing process used by Louis

    Read More

  • Community Work And Social Work: The Planned Change Model

    1736 Words  | 7 Pages

    ”(Twelvetrees, 2001) It takes special skills to work within communities especially if the community is not very open to suggestions and the issue to be addressed is sensitive. To be effective in community work, it takes a collaborative effort and partnership to bring about changes and advance the community. When working with communities, the planned change model as developed by Kirst-Ashman & Hull (2009) is a tool that can be utilized.

    Read More

  • Stakeholder Analysis Body Shop

    941 Words  | 4 Pages

    Introduction This case study explores the acquisition of the Body Shop, which is one of the largest franchise cosmetics companies in the world, by L’Oreal. The main concentration of the case study aims at investigating the impact on business ethics and corporate social responsibility by the concentricity of the Body Shop and L’Oreal and how the general attitude and buying behaviour is distorted in the course of this acquisition. L‘Oreal being the big conglomerate in the cosmetics industry acquired the Body Shop International which is comparably small but having iconic brand of environmental and socially responsible concerns, on 17 March 2006, through a covenant of $1.2 billion. The combination of two brands in a newly formed conglomerate implies a combination of values, principles and associations that might affect a company’s appeal. The verity that L 'Oreal 's acquisition of the Body Shop provides plenty of potential growth opportunities is undeniable; nevertheless the question of how well the acquisition sits in the group of the world 's largest cosmetics company is another matter.

    Read More

  • Collective Action Essay

    5282 Words  | 22 Pages

    CHAPTER TWO-LITERATURE REVIEW 2.0 INTRODUCTION The purpose of this study is to explore whether incentive structures influence stakeholder participation in collective action and the extent to which incentives explain success or failure of collective action. This chapter will highlight and discuss literature from various resources including peer-reviewed articles, books, journals and other publications around the issues that are the focus of this study. The chapter starts with a brief discussion on how the concept of collective action is defined and proceeds to discuss some of the key theories that explain this concept.

    Read More

  • Stakeholder Analysis: Lockheed Martin Corporation

    1461 Words  | 6 Pages

    In a competitive world market, businesses must have a thorough understanding of the processes and systems used within the company in order to determine whose interests need to be taken into account when implementing policies and/or programs. This stakeholder analysis is integral to growth and development. For large corporations which have multiple divisions and companies within their corporate structure it is essential to look at all aspects of the business model to identify stakeholders. Establishing the given responsibilities of the various divisions and the direct role they play in the economic success of the firm must also be considered. Many of the largest and most lucrative corporations in the world are those related to supporting military

    Read More

  • Community Work Model Essay

    1559 Words  | 7 Pages

    The CCDP, introduced from Japan in 1985, combined the methods of community development and community planning. In the CCDP, residents were encouraged to conduct meetings gradually and completely with sufficient time and resources, provided through abundant financial support. CCDP aims to actualize the vision of community work using a grassroots and gradual approach. It reconsiders local culture, promotes residents’ participation, repairs the community’s relation with nature, practices the value of mutual help and friendship, and develops community

    Read More

  • The Importance Of Nature And Nurture On Child Development

    2168 Words  | 9 Pages

    Introduction Development refers to the pattern of continuity and change in human capabalities that occurs throughout the course of life (King, 2008). Children development is is a part of human development that refers to a biological, emotional, and psychological changes that take a place in human beings between birth to adult. To develop from the child to adult, there are two main focus which is nature and nurture that must come together. Nature refers to the gene or heredity, meanwhile nurture involve the environment around us.

    Read More

  • Two Types Of Stakeholder Analysis Of Mcdonalds

    755 Words  | 4 Pages

    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.

    Read More

  • Tesco External Factors

    3270 Words  | 14 Pages

    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.

    Read More

  • Politics, And Actions: The Pros And Cons Of Activism

    1149 Words  | 5 Pages

    When playing the role of an activist on in any form, activism is constantly prominent in their lives. Activism is defined to be the policy or action of using dynamic and often confrontational campaigning by means of organizing demonstrations and protests to achieve the goal in bringing about political and/or social change. Then there is slacktivism which refers to the actions that are performed via the Internet to support and stand up to a political or social cause but which can be regarded as requiring little time, effort and involvement, e.g. signing an online petition or joining a campaign group on a social media website. When considering activism, certain pros and cons come to mind.

    Read More

  • Stakeholder Theory

    997 Words  | 4 Pages

    The History of Business Ethics and Stakeholder Theory in America Ethics play a huge role in the global business field, since considerations have to be made on moral practices, values, and judgments that govern the direction and overall success of the company. Consequently, over the progression of history, managers, entrepreneurs, and stakeholders at the helm of organizations have always had the mandate of making moral resolves on matters of ethics. According to Hunter (2003), such an approach to ethical behavior prompts a substantial growth in the organizational corporation, as well as maximizing business profits, and creating a reputable company image (Cutler, 2004). Notably, the overall performances of organizations that take part in unethical

    Read More

  • Essay On Political Freedom

    1146 Words  | 5 Pages

    Introduction Development of any society requires participation of people from all sections of the society and the opportunities for utilization of the existing potentialities of people for good governance and development. Right from the days of community development programs, people’s role and their involvement have been stressed.

    Read More

  • Ethical Issues In Child Labor

    2393 Words  | 10 Pages

    Here you look on the difference between benefits and harms for the society and if the benefits are greater than the decision or an action is considered as ethical, if lower – unethical. Here it is important to identify the stakeholders and an effects on them from actions or decisions of a company. “You can think of a stakeholder as a person or organization that can affect or be affected by your organization. Stakeholders can come from inside or outside of the organization. Examples of stakeholders of a business include customers, employees, stockholders, suppliers, non-profit community organizations, government, and the local community among many others.”

    Read More

More about The Importance Of Stakeholder Activism

Open Document