Stakeholders are people or groups with interest in an organization that can affect or be affected by the organization itself, its objectives, or its policies (BusinessDictionary, 2015). Each stakeholder brings their own perspective to the table based on their relationship with the organization (e.g. internal or external role), their level of experience, and their area of expertise about the subject matter they are involved with. At a high level, the list of stakeholders for any organization could include people or groups such as: customers, employees, government agencies, suppliers, unions, community resources, shareholders, and business owners. For the purpose of this assignment, I will discuss and review stakeholders relative to the …show more content…
Internal stakeholders are part of HCA and typically have a vested interest in the success of the project because of their role and/or from a company perspective. They stand to gain or lose something based on the organization’s success and they can identify dependencies that are tied directly to the work being done. Examples of internal stakeholders at HCA include: Business Owner (the owner of a specific line of business operation), Product Owner (the owner of the technical aspect for a specific line of business operation), Finance, Quality Assurance, Product Development, Information Protection and Security, Business Solutions Analysts, Executives (e.g. CEO, CFO, and CIO), the Board of Directors, department Managers and Directors, Human Resources, Subject Matter Experts, HCA employed physicians, and Procurement. External stakeholders can still be part of HCA but their interest is strictly due to the fact they could be impacted by the outcome of the work being done. External stakeholders at HCA include: shareholders, customers, vendors, government agencies, patients, non HCA employed physicians, the community, and other hospital organizations. These same internal and external stakeholders can also be classified as primary/secondary stakeholders and direct/indirect stakeholders. “Primary stakeholders have a major interest in the success of the project because they
In this task I will be describing eight different stakeholders which are; customers, employees, suppliers, owners, trade unions, employer associations, local and national communities and the government. I will be stating what they are, who they are, why they useful, how they influence stake holders on organisation and why they are useful to business I have chosen which is Tesco and The British Heart Foundation.
A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments, these are groups outside of the business.
A stakeholder is a person or a group of individual who are interested in the success of a business in delivering successful results and maintaining the activity of the businesses products and services. There are internal and external stakeholders in every company. An internal stakeholder is someone who is internally connected to the business that have personal interests which they may follow. An external stakeholder can be a person or a group of people such as investors, customers, suppliers, people who are predisposed by the business but are not fully in the business.
External stakeholders are stakeholders who are not as involved within Tesco PLC and RSPCA as much as the internal stakeholders but are involved in some way.
Although they have external stakeholders in their business the must have internal stakeholders for them
The first key group of stakeholders are the employees. These include both managers and regular employees at all levels of the organization. The managers are in charge of overseeing certain departments within the corporation. Managers must also work to implement the company strategy and work towards accomplishing the company’s
Stakeholders are those individuals who may be affected or have an effect in an organizations depending on the decisions that may have been made. One of the most important reason for identifying and understanding shareholders is that it allows the organization to recruit them as part of the effort in anything there are involved in. participatory effort and representation of as many stakeholders as possible ranging from internal to external has possible advantage. Internal stakeholder is a groups within an organization who work directly within the organization, such as employees, owners, and investors. In the other case external stakeholders
An organisation has external stakeholders and internal stakeholders. External stakeholders are individuals or groups outside the business who are linked to the organisation in some way but not directly these can be customers, shareholders, society, suppliers and the government. On the other hand are Internal Stakeholders, these stakeholders are individuals or groups who work directly inside the business. These are the employees, managers and owners of the company.
Stakeholders have a significant influence on the aims of an organisation. They are the people who are affected by or interested in the business. In some organisations the shareholders are stakeholders, and at times have some of the decision power. In trade organisations, customers are also considered stakeholders; therefore their needs are part of the organisation’s overall objectives.
Stakeholders are individuals or groups that partake, or assert, possession, privileges, or benefits in a, organization and its accomplishments, previously currently, and in the upcoming (Barrett, 2001). These requested privileges or benefits are the result of communications with, or activities reserved by the organization, and they must be lawful or ethical, separate or combined Stakeholders with comparable benefits, entitlements, or privileges can be categorized as fitting into the similar collection: personnel, investors, and clients (Barrett, 2001). The better the impact these groups have on client’s lives and the extra community assets with which they are assigned, and it becomes vital that they are responsible (Barrett, 2001).
Internal stakeholders are those who render their services and engage in economic activities within a grocery store. Owners, employees, suppliers, customers, investors and vendors could be some internal stakeholders.
Stakeholders are anyone who has a interest or influences the business in anyway. There are two
Stakeholders can be divided into internal and external claimants. Internal claimants include shareholders and employees including the managers of the firm. External claimants typically comprise customers, suppliers, bankers, competitors, governments, trade unions, alliance partners, communities and the general public. Looking further into external stakeholders one could, also include the environment.
“Stakeholders (or interest groups) are tangible, visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.”
Primary stakeholders are those people who are active members of the Healthcare Group such as board of directors, functional members, shareholders, patient, senior manager and employees. For the success of a Healthcare organization, management of the stakeholders is an important step.