A person, group, organization, or system who affects or can be affected by an organization’s actions. ” A “project stakeholder” is defined as “a person, group or organization with an interest in a project. ” That could mean a sponsor (an executive, customer, supplier, agency, etc. that is sponsoring / funding the project), upper management, a project manager, and others. Whoever has a “stake” in […]

Stakeholders are all those who need to be considered in achieving project goals and whose participation and support are crucial to its success. Stakeholder analysis identifies all primary and secondary stakeholders who have a vested interest in the issues with which the project or policy is concerned. This information is used to assess how the interests of those stakeholders should be addressed in a project […]

Student to be able to define and discuss the role and importance of stakeholders in an organization and their ability to influence the performance of the organization. Answer In general, a stakeholder can be one of two types: internal (within an organization) or external (outside of an organization). They can affect the firm’s vision and mission, are affected by the strategic outcomes achieved, and have […]

Responding to ethical pressures The CSR of firms is a response to the increasing burdens given to managements to take account of ethical issues. Thus H&M managers have the pressure of ethical pressure as they have to make sure they are doing their trading ethically. The advantages for H&M when responding ethically is that they are trading in the right way and are abiding by […]