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Strategy and Stakeholder Needs

 
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Strategy and Stakeholder Needs

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This 10 page paper considers the topic of how strategy is formed and the way in which competing stakeholder needs may impact on that decision. Business has the goal of satisfying shareholders. However shareholders are not the only stakeholders. If a company does not satisfy the needs of other stakeholders they may loos business or upset employees and see a fall in productivity. This paper shows how there is a clash between the needs of the different stakeholders and how this may emerge, such as with different approaches to environmental practices. The paper also argues that with greater flow of information and more pressures on business there is a gradual increasing affinity and alignment between the needs of the business and the needs of the stakeholders in order to carry on a successful business. The bibliography cites 16 sources.
Pages: 10
Filename:TS14_TEstakstrat1.rtf
Paper Title: Strategy and Stakeholder Needs
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