Discussion: Stakeholder Buy - In - Assignment Example

Comments (0) Cite this document
Silzer & Dowell (2010) acknowledged that investment in talent management can be very expensive at the initial stages even though its benefits may only come in the long term. It is for this reason that most stakeholders have often refused to support the idea of financing talent…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Discussion: Stakeholder Buy - In
Read TextPreview

Extract of sample "Discussion: Stakeholder Buy - In"

School: Topic: Discussion: Stakeholder Buy-In Lecturer: Silzer & Dowell acknowledged that investment in talent management can be very expensive at the initial stages even though its benefits may only come in the long term. It is for this reason that most stakeholders have often refused to support the idea of financing talent management within their organizations. Should the stakeholders be educated on the important role that talent management plays in organizational strategy, they will be convinced to agree to buy into the idea of investing into talent management, no matter how expensive the initial cost of it may seem to be. In the first place, I would educate the stakeholders on the fact that talent management aids in getting the right data for all staff within the organization (Johnson, 2010). Such data concerns the individual competences, unique talents, motivational incentives, and other forms of personal cultural attributes that makes it possible to assign the right roles at the workplace, whiles ensuring that the right form of training which leads to growth is delivered.
I shall also educate the stakeholders on the important role that talent management plays in ensuring that employees are well engaged in organizational activity. This is often achieved because as part of talent management, the employees must be given sufficient room to practice what they are good at, since practice yields perfection (Johnson, 2010). Meanwhile, the importance of employee engagement in leading to growth and innovation at the workplace has been well documented in literature. Ready & Conger (2007) emphasized that employee engagement ensures that the unique talents of employees are exhibited in an unrestricted and open ended atmosphere where each person gets the opportunity to bring on board their unique attributes. As much as such engagement promotes healthy competition, it also ensures that there is innovation among the employees (Silzer & Dowell, 2010).
Johnson, M. (2010). Honing a talent for retaining talent. Financial Executive, 26(5), 20-24.
Ready, D. A., & Conger, J. A. (2007). Make your company a talent factory. Harvard Business Review, 85(6), 68-77.
Silzer, R., & Dowell, B. E. (Eds.). (2010). Strategy-driven talent management: A leadership imperative. San Francisco, CA: Jossey-Bass. Read More
Cite this document
  • APA
  • MLA
(“Discussion: Stakeholder Buy - In Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Discussion: Stakeholder Buy - In Assignment Example | Topics and Well Written Essays - 250 words. Retrieved from
(Discussion: Stakeholder Buy - In Assignment Example | Topics and Well Written Essays - 250 Words)
Discussion: Stakeholder Buy - In Assignment Example | Topics and Well Written Essays - 250 Words.
“Discussion: Stakeholder Buy - In Assignment Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Discussion: Stakeholder Buy - In

Stakeholder Theory

...Shareholders vs. Stakeholders theory The talk of stakeholders is rampant these days with more and more firms drifting themselves towards corporate social responsibility. Managers in various firms have been forced to change their decision-making style and they've now begun to realize that their actions should not just revolve around the aims of the owners of the firms they work for, which usually is maximizing profits. Stakeholder theory is most closely associated with R. Edward Freeman, Olsson Professor of Applied Ethics at the University of Virginia's Darden School. The theory holds that managers ought to serve the interests of all those who have a "stake" in the firm....
2 Pages(500 words)Essay

Stakeholder mapping Stakeholder analysis

...attention, but the company management must keep a constant vigil on their needs, apprehensions etc. so that it doesn’t unnecessarily flare up, which might bring a bad name for the company. Once the stakeholders are identified then the company plans appropriate strategies to handle them, which can be summarised as in the table. S No. StakeholderStakeholder Interest/s in the project Assessment of Impact Potential strategies for obtaining support or reducing obstacles Finding out the assessment of impact and potential strategies for obtaining support often requires extensive discussions and brain storming sessions to make it a comprehensive effort. References: 1. Cleland,...
10 Pages(2500 words)Essay

Buy me buy me

...School Commercialization with its Adverse Effects, is Still in Full Force! Alex Molnar, the director of Education Policy in Arizona State University, has long been advocating the appropriate educational practices. His article ‘Buy me Buy me’ focuses not merely upon the fact that the corporations are ravaging the educational sanctuaries, but he also stresses that this issue has recently been less addressed by the education media. He mentions several arguments against the commercialization of educational institutes, and builds up the article in a rhetorical fashion with a strong ethical audience appeal. Molnars stance is subjective in the article and is based on the ethos of audience appeal in a rhetorical...
2 Pages(500 words)Essay


...STAKEHOLDER Emerged during the last two decades, the Stakeholder Theory (Freeman, 1984) referred to when organisations work to satisfy and inform their stakeholders with relevant information tailored to their specific interest. A stakeholder has been defined by Freeman (1984: 46) as “any group or individual who can effect, or is affected by, the achievement of an organisation’s objectives.” Clarkson (1995 :5) defined stakeholders more specifically as those that “bear some form of risk as a result of having invested some form of capital, human or financial, something of value, in a firm.” Moreover, Mitchell et al (1997: 858) lists twenty-five other...
5 Pages(1250 words)Essay

Role of Stakeholder Paper

... to the retailer level. They have to ensure that quality is not compromised upon because it is essentially their job. If they do not do so, there are problems in terms of packaging which can get flawed, and then there is the important discussion of product being sent under fixed consignment ratios. It is therefore significant to understand the role of the logistic partners who can vary on a number of different levels and hence do sheer amount of work. The last stakeholder under the quality management process is the retailer who stocks the products on his shelves. He is the one who becomes the first touch point for the customers and has a very pivotal role in making or breaking a sale. If the retailer ensures quality is maintained... ID...
2 Pages(500 words)Essay


...What are stakeholders? Stakeholder theory is the theory that concerns the essence of the connection between the institution and the respective people who have an interest with that particular institution and the procedure and the results of these relations for the institution and the particular people who have an interest in the business (Driscoll and Starik, 56). The manager of the institution is commonly located in the center of the constitutional relation amongst a business institution and its stakeholders. The word Stakeholders has to two kinds of definitions one is the inclusive while the other is the exclusive definition. The inclusive definition includes any group...
2 Pages(500 words)Essay

Stakeholder Letter

For the students, they can have a chart in class with all their names listed down. Then against each name of the student, a star should be put for any positive effort by the students towards learning and understanding English as a foreign language. This will also include either academic or extra-curricular activity. There will be special motivation packages for the ESL students who will have mastered the English language in the shortest time during the time of evaluation. By doing this, each of the students will be motivated to get more stars in order to be ranked the best at the end of the evaluation period. The chart containing the stars should be reviewed at the end of every month, and after undertaking an exam. In addition, fo...
2 Pages(500 words)Article

Stakeholder Analysis

...Stakeholder analysis By Event stakeholders The following are the concert stakeholder; i) Audience ii) Promoter iii) investors iv) Council v) Artist vi) Police. The audience The people attending the concert are the audience The audience is made up of people who will be here to enjoy the concert at the same time donate towards the Macmillan cancer support (Litta et al, 2010). The organizer will communicate to the audience through social media and posters. The audience will be informed of any changes to the concert. The ticket fee should be affordable to allow more people to attend the function and contribute to the cancer centre. Promoter A Concert promoter...
3 Pages(750 words)Outline

Stakeholder analysis

...Oxford Hills Healthy Moms Project A). Like all organizations, Oxford Hills Moms Project is has the following kinds of stakeholders: 1. Member – these are the constituents of the group. The people who are served the many operations of the organization. 2. Management- these are the official representatives that make the decisions for the organization. They are accountable for the decisions that the group makes. 3. Other stakeholders include the people the organization does business with, these include the kinds of business they reach out to in case they are running a project that requires their help or expertise. 4. Government –the organizations works with the local government of North Carolina. The...
2 Pages(500 words)Essay

Stakeholder Analysis

...Stakeholder Analysis Sur 21 September Stakeholder Analysis Stakeholders are the people, organizations and groups who have aneffect on the vision and mission of a firm which in this particular case study is the Boston University minor league baseball Franchise. The stakeholders’ actions and attitudes in the Boston University baseball franchise have a direct influence on the overall success rate of the franchise. Stakeholders are also impacted by the firms’ strategic outcomes and can also have a claim on the performance of the firm (Ian, 2014). However, not all the stakeholders have a similar amount of influence and interest in the...
3 Pages(750 words)Assignment
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.

Let us find you another Assignment on topic Discussion: Stakeholder Buy - In for FREE!

Contact Us