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Q: Why should managers act fairly towards stakeholders?
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Continue Learning about Management

Should managers and non managers be appraised from multiple prespectives?

Yes, managers and non-managers should be appraised from the top and the bottom. This will help executive managers get a better idea of how they are performing.


Should A business should be managed ethically to do the right thing for all stakeholders?

yes


How does the stakeholder management strategy assist in managing stakeholders?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders


How should managers monitor the progress of decision implementation?

Managers should monitor the progress of decision implementation by watching productivity. If productivity increases, then they have likely made the right decisions.


What is Stakeholder Management Strategy?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders

Related questions

How can you reduce resistance to change?

managers are responsible of this situation so they should inform all stakeholders about any chqnge in an organization


Should managers and non managers be appraised from multiple prespectives?

Yes, managers and non-managers should be appraised from the top and the bottom. This will help executive managers get a better idea of how they are performing.


Are managers should not wear uniforms?

Managers SHOULD wear uniform or they look unprofessional.


What is the relationship managers should have?

managers should never date their employees. that just leads to a bad ending.


Should A business should be managed ethically to do the right thing for all stakeholders?

yes


Should financial managers concentrate strictly on cash flow?

financial managers


What is the stakeholders?

The stakeholder concept suggests that the managers of a business should take into account their responsibilities to other groups - not just the shareholder group - when making decisions. The concept suggests that businesses can benefit significantly from cooperating with stakeholder groups, incorporating their needs in the decision-making process.


When making decisions managers should?

today


Why identification of stakeholders is necessary for Business organisations?

Stakeholders in an organization should be identified to establish a foundation in the project early in regard to planning, executing, and monitoring processes to achieve project success.


What action should be taken by various functional managers to meet the scheduled dates?

action should be taken by various functional managers to meet the scheduled dates


What are the types of biological hazard should be of the greatest concern to food establishment managers?

What are the types of biological hazard should be of the greatest concern to food establishment managers? Why?


Do hores jockeys have managers?

As hores do not exist they are unlikely to have jockeys or managers. Perhaps you should check your spelling.