The role of stakeholders is really determined by the company itself. A stakeholder has some interest, usually financial in the company. Some companies use this to their advantage thinking that those with money at risk are most likely to have the best interest of the company at heart. You see this in small business and some large business every day as the owner and others invested in the business make strategic decisions. Other companies decided that management knows best and managers appointed by the board of directors make the decisions on behalf of the stakeholders as in most large companies.
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it is to gateher information from various workers through bench marking and from stakeholders
Stakeholders of the Internet include users, internet service providers, governments, technology companies, and organizations that rely on the internet for communication and business operations. This diverse group of stakeholders play various roles in shaping the development, regulation, and use of the internet.
I think that they are the ones that make the investment for the cruise industry. They are the ones where the industry is able to have the funds to have cruises of all sorts.
Market environment stakeholders include various entities that influence or are influenced by a company's operations. Key stakeholders typically include customers, suppliers, competitors, investors, and regulatory bodies. Additionally, employees and the local community also play crucial roles, as their interests and well-being can impact a company's reputation and success. Understanding these stakeholders is vital for businesses to navigate their market effectively and build sustainable relationships.
There are two type of stakeholders which are internal stakeholders and external stakeholders. Thank you
No, government and creditor are the external stakeholders.
Managerial informational roles involve the collection, dissemination, and processing of information within an organization. These roles include acting as a monitor, where managers gather data and insights; a disseminator, where they share relevant information with team members; and a spokesperson, where they represent the organization to external stakeholders. Effective management in these roles ensures that decision-making is informed and that communication flows smoothly throughout the organization.
To develop systems for involving stakeholders in organizational change planning, start by identifying key stakeholders and their interests. Facilitate open communication through regular meetings, surveys, and feedback channels to gather input and address concerns. Create collaborative workshops to co-design solutions, ensuring stakeholders feel valued and engaged in the process. Finally, establish clear roles and responsibilities to maintain accountability and enhance stakeholder commitment throughout the change initiative.
Stakeholders are individuals or groups that have an interest in or are affected by a project, organization, or decision. They can include employees, customers, investors, suppliers, and community members. Their roles may involve providing input, influencing decisions, or being impacted by the outcomes, and they often play a crucial part in shaping the direction and success of initiatives. Engaging stakeholders effectively can lead to better decision-making and improved outcomes for all parties involved.
The three general management roles are interpersonal, informational, and decisional. Interpersonal roles involve interacting with team members and stakeholders, fostering relationships, and leading teams. Informational roles focus on gathering, processing, and disseminating information to ensure informed decision-making and effective communication. Decisional roles revolve around making strategic choices, solving problems, and allocating resources, requiring a balance of insight and authority to guide the organization effectively.