Teaching You Strategy

For Strategy , find COURSE WISE handouts, summaries, record of thread, forum for discussions and comments. Many times they will get updated within the same post but sometimes there will be separate posts for a give course. Want to leave a comment? Click "comment" button at the end of each post and enter into the window that opens. At the end you will also find "subscribe by e mail" which puts the post and revisions automatically in your e mail box so you do not need to come to the site at all.

Sunday, February 2, 2014

Stakeholders and classification

Classification of stakeholders

Stakeholders can be broadly categorised into three groups:

internal, e.g. employees;
connected, e.g. shareholders;
external, e.g.government.

Internal stakeholders: are intimately connected to the organisation, and their objectives are likely to have a strong influence on how it is run.

Connected stakeholders: Connected stakeholders can be viewed as having a contractual relationship with the organisation.

External stakeholders

External stakeholders include the government, local authority etc. This group will have quite diverse objectives and have varying ability to ensure that the organisation meets their objectives