Stakeholder Analysis Paper - Essay Example

Comments (1) Cite this document
Summary
Stake Holder Analysis in Supply Management Name Institution Stakeholder analysis is technique that managers and quality improvement teams use to identify the functions of key people, institutions and groups, which have significant influence on the successful implementation of a project…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Stakeholder Analysis Paper
Read TextPreview

Extract of sample "Stakeholder Analysis Paper"

Download file to see previous pages A typical issue that requires stakeholder analysis is delays in dispatch of purchases to their respective buyers. Inefficiencies leading to delays clearance and sending of consignments to their respective destinations cause congestion in the warehouses as well as confusion and possible misplacement of orders in the office. It is for this reason that a stakeholder analysis is crucial. To start with, identification of the various groups involved and their involvement in the whole problem is a crucial starting point. In this case, the dispatch manager, the warehouse administrator and his team, and the cognisee are the three entities whose actions and in action are responsible for the problem. The client, regulatory agencies, and tax officials are other stakeholders whose actions have a profound impact in this case. All these stakeholders have varied interest in the process, which determines the urgency with which they facilitate the process. The dispatch manger is responsible for clearing the purchases to enable the warehouse staff to process release of the goods to the cognisee. Failure or delays in executions of this important task will definitely lead to delays in dispatch. The warehouse administrator and his team have the duty of releasing the supplies in the quantities and manner listed in the dispatch order. In case of delays or improper communication from the dispatch team, confusion may set in and derail the entire process. Once the goods have been packaged and ready for release from the warehouse, the consignee has a duty of picking them up at an agreed time. If there are delays from the consignee, then the supplies will end up congesting the warehouse. The client on the other hand may delay in clearing all the necessary paperwork and financial requirements before release of goods. The tax regimes and regulatory authorities may also have impositions on certain goods, which may delay the entire process. As a manger, each of these stakeholders is a target for review in order to ascertain the cause of delays. Could be laxity and incompetence on the part of the dispatch team, the warehouse or the consignee is responsible for this delays. System limitations, low motivation of employees, lack of proper communication and bureaucratic process may be the cause of all these delays. Finding all the issues that they deal with in processing the release of supplies is the first step in resolving the whole issue. On the other end, delays from the customer and regulating entities may be responsible for the problem. The final step after finding out the different pertinent issues that could be causing the problem is to look into ways of fixing the problem. The most important aspect is to ensure support and cooperation of all stakeholders in finding a solution. Each of the stakeholders will require different approach in order open up a discussion on the issue. Blame games and authoritative enquiry will only kill the process and lead to no tangible information. The planning process will involve all stakeholders, who should contribute ideas and possible solutions to the challenges. At the end, the manager will record all the issues that create opportunities and obstacles for stakeholder involvement, and use the information to resolve the issue. In conclusion, stakeholder analysis is a very useful tool that enables managers and institutions identify and effectively resolve issues in their workplaces. Through this process, stakeholders are able to participate in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Stakeholder Analysis Paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/management/1442912-stakeholder-analysis
(Stakeholder Analysis Paper Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/management/1442912-stakeholder-analysis.
“Stakeholder Analysis Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1442912-stakeholder-analysis.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
yk
ykozey added comment 11 months ago
Student rated this paper as
The topic of "Stakeholder Analysis Paper" was hard to find. I spent countless hours to find it. Here at StudentShare, I got the most decent sample. Many thanks!

CHECK THESE SAMPLES OF Stakeholder Analysis Paper

Stakeholder mapping Stakeholder analysis

...Stakeholder mapping and Stakeholder analysis For any business venture, organisation, project, mission or task there are a number of stakeholders, whose interest is very much dependent on the success or failure of the steps being taken. The numbers of stakeholders increase as the size of the venture increases. Any business operates within a complex system of interests and influences. While serving the interests of a number of stakeholders, the decisions are influenced from a number of interest groups, depending upon the criticality of the policy or decision. While identifying the stakeholders, a company is supposed to look...
10 Pages(2500 words)Essay

Stakeholder and Governance Analysis

...Stakeholder and Governance Analysis Assignment Case study 3 Micro-Finance, Bangladesh By Table of Contents Introduction 3 AIMS 3 Stakeholders 4 Main stakeholders 4 Onion Diagram 4 Stakeholder Map 6 Stakeholder Management Sheet 8 Role of Stakeholders, project manager 9 Scope 9 Context 10 Significance 10 Conclusion 10 11 References 11 Executive Summary In this project I will present a detailed stakeholder and governance analyses of the Micro-Finance project in Bangladesh. The basic aim of this project is to present and implement the stakeholder and governance analyses techniques on the project of Micro-Finance Bangladesh. In this report I will identify the main stakeholders that are associated and have an influence... of the...
4 Pages(1000 words)Research Paper

Stakeholder and Governance Analysis

...the youths who are more vulnerable. The initiative is meant to promote quality health to all through the provision of clean and safe water to drink as well as awareness campaign against the spread of HIV/Aids. Aims The main aim of the initiative is the fight against spread of HIV/Aids pandemic. The roundabout bolted on top of borehole was designed as a play power for the children hence they would be subconsciously consuming the Aids awareness information inscribed on the billboards while at play. They would be pumping clean and safe water for domestic use into the overhead tank which promotes better, quality health through the reduction of waterborne diseases and provision of water for vegetables. Stakeholder...
4 Pages(1000 words)Essay

Role of Stakeholder Paper

...ID Lecturer Role of Stakeholder The four stakeholders involved in a quality management process include the intermediaries and the manufacturers. Since managing quality at every level is the responsibility of the people who are involved at every stage, the need is to comprehend how they can assure the quality premise to attain significance. These four stakeholders include the manufacturers, the wholesalers, logistic partners and the retailers. A supply chain would not be able to provide quality and hence manage it if its stakeholders do not understand the philosophy behind ensuring it. Why this is important is because it warrants pull on the part of the customers because...
2 Pages(500 words)Essay

Stakeholder Analysis

... Stakeholder Analysis Who are the stakeholders? The issue under question concerns use of animals for experiment and the ensuing ethical concerns. It is important to note that this debate involve different stakeholders with divergent arguments which narrow down to proponents and opponents. The core stakeholders are animal rights activists, scientists, government agencies, religious groups and general public. What do proponents of the argument gain by “winning” this argument? The argument under question emphasizes the need to abolish use of animals for scientific experiments. The proponents of this argument constitute the animal rights activists, religious leaders and a section of the public (Cohen and Tom 69). This faction... of the...
2 Pages(500 words)Essay

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...
3 Pages(750 words)Outline

Stakeholder theory analysis

...full [7 February A Critical Analysis of the Stakeholders Theory, Using INB Case Study. Stakeholders comprise of groups of individuals who have an interest in certain activities of the business. The interest arises due to the impact that such activities can have on these groups. In most cases, shareholders will try to oppose any move in the business that will affect them negatively. Primarily, before the company undertakes a particular course of decision-making, ethical issues and scientific approach to the theory form the basis of the decision. It is through proper assessment of the groups that the business identifies conflict of interests and take the right measures to address them. As...
2 Pages(500 words)Book Report/Review

Stakeholder analysis

...Stakeholder Analysis WAL-MARTS STAKEHOLDERS Table Wal-Marts Stakeholders Number Stakeholders Stake Attributes Responsibilities 1 Shareholders -Company owner -The right to vote -Power -Legitimacy -Urgency -Economic -Ethical -Legal 2 C.E.O -Interest -Right -Power -Legitimacy -Economic -Ethical 3 Employees -Right -Interest -Power -Legitimacy -Economic -Legal 4 Government Interest -Power Legitimacy -Legal -Ethical 5 Customer -Interest -Right -Power -Legitimacy -Philanthropic -Legal Company stakeholders refer to persons who hold top positions in the company. They are part of the team, which makes policies and decisions that are supposed to...
5 Pages(1250 words)Essay

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...
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 Essay on topic Stakeholder Analysis Paper for FREE!

Contact Us