StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Stakeholders Influence - Essay Example

Cite this document
Summary
After reviewing the organizational culture, I have decided to make certain changes within the organization as its new CEO to improve its social performance. To improve the social performance, my prime focus will be to improve the consumers’ experience of using the services…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Stakeholders Influence
Read Text Preview

Extract of sample "Stakeholders Influence"

Stakeholders’ Influence After reviewing the organizational culture, I have decided to make certain changes within the organization as its new CEO to improve its social performance. To improve the social performance, my prime focus will be to improve the consumers’ experience of using the services rendered by our organization because consumers’ satisfaction is a potential measure of our success as an organization, to direct the strategic planning at the well-being of the society, and to reduce the negative impacts of the activities of the organization on the environment.

To achieve this, I shall concentrate upon incorporating the use of latest technology to facilitate the organizational personnel in the process of assisting the consumers.I am the CEO of a public health organization. The organization faces the challenges of limited resources whereas the number of patients has been on an increase in the past few years. There is limited staff, equipment, and technology to provide the patients with quality care. There are two basic types of stakeholders in the public corporations; internal stakeholders and external stakeholders.

Internal stakeholders are those that are involved in resourcing, funding, and coordination of the strategies whereas external stakeholders are the ones who share their experiences and opinions upon the issues and points of concern to them as representatives of the local community and the service users. Internal stakeholders of the public corporations include but are not limited to director of nursing, head of health information and intelligence, procurement, public health strategists, managers, researchers, trustees, and board committee members.

External stakeholders include media, news reporters, policy makers, consumers of services rendered by the public corporation, providers, local authority, vendors, and funders. As the CEO of the public corporation, my powers are limited since government is the prime decision-maker. “The specific responsibility and influence of public organizations within institutional collective action…is a source of ambiguity. It becomes therefore a matter of political authority for public organizations to invest in the structuring of public problems and policies” (Demortain, 2004).

According to my plan, I would first prioritize the issues according to their importance. I would assess the influence of internal and external stakeholders in relation to each issue, as well as their sources of influence. “The impact stakeholders can have on organisational policy, strategy, and project is dependent on their relationship to either the organisation itself or the issues of concern, or both” (Heath Knowledge, 2011). So I would create a matrix for the influence and importance of the stakeholders as shown in Fig. 1:Fig. 1: Importance and influence matrix (Health Knowledge, 2011).

Finally, I shall engage the stakeholders in my plans as per the severity of their influence and importance as reflected in the matrix. To achieve this, I would conduct meetings with the concerned individuals to gain their consent on the possible solutions, and decide the most appropriate and cost-effective solution. Challenges that might be encountered include reluctance to change. As a CEO, I would personally conduct meetings with the concerned individuals to convince them. “Public organizations that manage to successfully maintain its competitiveness change not look like a unique event, but as an ongoing process, necessary for survival, development and perfecting them” (Barcan, 2009).

References:Barcan, L. (2009). Current Issues On Change Management In Public Organizations. The Young Economists Journal. 1(13): 71-74. Demortain, D. (2004). Public organizations, stakeholders and the construction of publicness. Claims and defence of authority in public action. Public Administration. 82(4): 975-992. Health Knowledge. (2011). Identifying and managing internal and external stakeholder interests. Retrieved from http://www.healthknowledge.org.uk/public-health-textbook/organisation-management/5b-understanding-ofs/managing-internal-external-stakeholders.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/business/1602600-stakeholders-influence
(Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 Words)
Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/business/1602600-stakeholders-influence.
“Stakeholders Influence Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1602600-stakeholders-influence.
  • Cited: 0 times

CHECK THESE SAMPLES OF Stakeholders Influence

How stakeholders influence business activities

hellip; How Stakeholders Influence business activities?... In the 21st century, the influence of stakeholders on the activities of all kinds of business has increased manifolds particularly with the integration of social responsibility and community citizenship into the business management.... “[T]he type of interest and degree of influence of each group varies between different types of stakeholders and different types of businesses” (Carysforth and Neild, 2000, p....
5 Pages (1250 words) Essay

Research and analyse Google company

The Stakeholders Influence the decisions of the organization significantly.... They influence decision making in the organization (Morrow, 2013).... Beyond the founders, Google has diverse stakeholders.... stakeholders of the organization experience a set of positive and negative ramifications in their positions (Morrow, 2013).... Therefore, the stakeholders have both benefits and challenges posed by the organization....
3 Pages (750 words) Essay

Harley Davidsons International Business Strategy

This essay demonstrates that the importance of gaining share in the international market of heavy bikes was realized by Harley Davidson in late 1980's.... The company targeted the end user by talking in his native language.... This helped in fast recognition and popularity of the product.... hellip; The narrator of this essay aims to tell that since Harley acquired dealership in more than two countries, is a USA based manufacturer has a warehouse in Europe and has an assembly plant in Brazil; I would call Harley Davidson a Multinational Corporation as it perfectly fits in the definition of an MNC....
6 Pages (1500 words) Essay

Influence of Stakeholders on Encouraging Responsible Business Practices

This research explores the influences of stakeholders on enhancing responsible business practices.... The research stipulates the meaning of stakeholders and defines the business practices.... hellip; The study leads to the conclusion that the stakeholders play considerable roles in ensuring that the business demonstrates responsible business practice.... To make the essay easy to understand, there is the analysis of the various issues that a business undertakes to show responsibility, this helps to outline the role of the stakeholders in each business activity....
8 Pages (2000 words) Essay

Organizational Structure of Innocent Drinks

The purpose of this paper “Organizational Structure of Innocent Drink” is to analyze the strategies that had been adopted by Innocent Drinks to become one of the most popular brands in the fruit smoothies market.... The aim is to evaluate ways in which a company had implemented its strategies....
7 Pages (1750 words) Assignment

Going Green at an Oil Company: at Petrobras

The first spill occurred in 1997 at Guanabara Bay, a tourist destination near Rio de Janeiro (Gabrielli de Azevedo, 2009).... Guanabara Bay is also home to a fishing… Three years later, in January 2000, a corroded pipeline spilled an approximated 350,000 gallons of crude oil into the same area....
5 Pages (1250 words) Case Study

Internal and External Stakeholders

The company decided to hire a consultant who would give them the best solution to the problems and who would communicate to both the internal and external stakeholders of the company.... The best communication channel that was appropriate to communicate to the internal and external stakeholders was by sending a memo to the company employees informing them of delayed release of the video game.... The majority of business and companies have both internal, and stakeholders who are interested in the on the success, and potential failures of that are likely to occur....
5 Pages (1250 words) Essay

Strategic Leadership in a Changing World

These are the external environment, resource base and competences and Stakeholders Influence and ethical and cultural values of the organization, however arguments have been put forward to link effective strategic position analysis to incline more to external environment factors more than the organization's internal resources.... To understand the importance of strategic positioning analysis to an organization, the several three key factors are important; external environment, internally based resources and competencies and Stakeholders Influence and ethical cultural values of the organization....
7 Pages (1750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us