Our Services

Get 15% Discount on your First Order

THE TYPES AND VALUE OF STAKEHOLDER RELATIONSHIPS

May 6, 2023

Understanding the role and value of different types of stakeholders is essential if the stakeholder relationship is to be managed effectively. The word ‘stakeholder’ can infer a host of people connected to another in a business setting covering internal, external and connected relationships. There are many challenges that occur in managing the stakeholder relationship and sensitivity and understanding is required to address issues in a proactive and professional manner.

» TASK 1 You are required to write a report entitled ‘The complexities of stakeholder relationships’. The report must include:

i. An analysis of THREE (3) types of stakeholder relationships which occur within organisations (AC1.1)

ii. An examination of the benefits and challenges for organisations engaging with each of the stakeholder groups identified above. (AC1.2) Guidance for completion of Task 1

• The report should include sub headings. You may choose to include tables and diagrams (as appropriate) to support your discussion. • Your discussion should be underpinned with relevant theoretical principles. • You are encouraged to consider the use of well-chosen examples from an organisation you know well or have researched.

• For learners not currently in employment, there is the opportunity to base the response to the task on organisations which work extensively with stakeholders (i.e. charitable organisations, public sector bodies such as an NHS provider or educational provider). • For learners in work, there is the opportunity to consider the stakeholder relationships which occur in the delivery of a project or in the management of a department, in addition to the role of stakeholders within the organisation. • Refer to the indicative content for each assessment criteria (AC) outlined in the unit specification).

You have been asked to lead a stakeholder group that has been formed to review the services and support given to customers. It is a challenging remit as there is a likelihood that services will need to be cut or changed. The group comprises of internal and external stakeholders. This includes two team leaders who are based off-site, a finance officer, an equalities officer, a representative from the senior management team and three customers. There is also representation from a national consumer group who attend to represent customer interests. The review of services and support given to customers must be completed within a six month period. Qualitative and quantitative research will need to be undertaken to inform decision making. Given the range of internal and external stakeholders, individual roles and responsibilities will need to be determined, governance of the group established and aims and objectives set.

#TYPES #STAKEHOLDER #RELATIONSHIPS

Relationships, stakeholder, types

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

HIM 445 AU Primary Care Clinic Project Nursing Assignment Help

For the clinic that you covered in last week’s “Selecting a Clinic Site” (in the paper attached I went with the first site, but I have changed that to the second site, Scripps Drive Medical Office Market) 4 double spaced pagesassignment, prepare the following components of the project charter: The

Poetry Essay Assignment – Twenty-year Marriage By Ai Ogawa

Topic Poetry Essay Assignment – Twenty-year Marriage By Ai Ogawa Poetry Essay Assignment The Essay: This is a theme analysis essay on a poem given in the next page. Your essay must be 1000 words minimum, Word-processed, Times New Roman font, size 12, double spacing throughout the entire essay. Your

1. Name, describe, and comment on (based on personal experience)

1. Name, describe, and comment on (based on personal experience) at least three of Gatto’s “Seven Lessons.” 2. Summarize Sir Ken Robinson’s TED Talk, and then comment on the extent to which you believe his ideas would make a difference in contemporary education. 3. Who is responsible

Discussion Question 1 – Summary & Critical Thinking – Week/Course

Discussion Question 1 – Summary & Critical Thinking – Week/Course Learning Outcomes Welcome to the last week of your course. In this discussion question you have the opportunity to be creative and to relate what you have learned to your professional lives. Please explore and critically think about some of

Site information: Provide information on the source(s), amount, extent, fate,

Site information: Provide information on the source(s), amount, extent, fate, and transport characteristics of the contaminant(s) at each site. Be as specific as possible. Include soil and hydrogeology, as applicable. Remediation technology review: Present a general review of current remediation technologies applicable to each site. Do not limit it to biological remediation. Include

You have 24hrs to submit this for this components Final

You have 24hrs to submit this for this components Final week, you are to finalize the overall project management plan (PMP) and to integrate all previously submitted components incorporated with instructor (project sponsor) feedback into a single project management plan. The project management plan will include the following components:

Academic freedom, or lack of freedom, is an important issue

Academic freedom, or lack of freedom, is an important issue for nursing education. This bill is an example of both external and internal political factors and has implications for how academic organizations address free speech and academic freedom (Mason, et. al. 2021). Why is it important for nurse educators

You are a family nurse practitioner working in an outpatient primary care office of a large hospital system. The practice has been operating for over 15 years, and many of the administrative and clini Nursing Assignment Help

You are a family nurse practitioner working in an outpatient primary care office of a large hospital system. The practice has been operating for over 15 years, and many of the administrative and clinical staff were hired when the practice opened. You have been in the practice for less than

1. Read the HBR chapter, “How Resilience Works.” Review, Harvard

1. Read the HBR chapter, “How Resilience Works.” Review, Harvard Business, Kolb, D. M., Cross, R., Badaracco, J. L., & Roberts, L. M. (2021, March 30). HBR’s 10 Must Reads on Managing Yourself, Vol. 2 (with bonus article “Be Your Own Best Advocate” by Deborah M. Kolb) (1st ed.). Harvard

Assignment: Write a scholarly paper in which you apply the concepts of

Assignment: Write a scholarly paper in which you apply the concepts of epidemiology and nursing research to a communicable disease. Choose one communicable disease. Epidemiology Paper Requirements Include the following in your assignment: A thorough description of the disease including causes, mode of transmission, symptoms, treatment and complications. Discuss the

Organizing patient care – Premium Paper Help

Premium Paper Help is a professional writing service that provides original papers. Our products include academic papers of varying complexity and other personalized services, along with research materials for assistance purposes only. All the materials from our website should be used with proper references.

New Jack – Guarding Sing Sing

You must have access to Ted Conover’s Book called New Jack – Guarding Sing Sing to complete this assignment. To begin, identify and discuss three ways that training doesn’t properly prepare COs to work in Sing Sing. In other words, what are three ways that the disconnect between training and

Read the Business Problem—Solving Case Study “How Supply Chain Management

Read the Business Problem—Solving Case Study “How Supply Chain Management Problems Killed Target Canada” in Chapter 9 of the textbook. Answer the questions at the end of the case and use the textbook information to write your answers for support. You can also use external sources to assist in elevating

You’ll need at least 5 legitimate business sources, of of

You’ll need at least 5 legitimate business sources, of of which must be the annual report for the company BUS 4060 Q-SWOT 2022.xls Final Project Paper Guidelines Deliverables: This is the capstone project of your business education here at NVU. You’ll turn in a completed copy of the Q-SWOT

Overview In this module, you will be studying transnational organized

Overview In this module, you will be studying transnational organized crime in Europe. From the overarching theme of transnational organized crime in Europe, we will look at specific countries such as Italy, Albania, Russia, and the former Soviet Union. Learning Outcomes Upon successful completion of this module, you will be

Respond to 2 peers My Post -What are the four

Respond to 2 peers My Post -What are the four statements contained in most annual reports? The first financial statement is a balance sheet, which summarizes the organization’s financial position. A balance sheet provides a list of all the organization’s assets, liabilities, and equity owned by stakeholders. The assets listed

APA Format, Scholar sources only 1-2 paragraphs Answer the questions

APA Format, Scholar sources only 1-2 paragraphs Answer the questions below Discuss the characteristics or attributes that should be appraised when evaluating qualitative and quantitative designs in relation to rigor or quality of its type? How do the characteristics or attributes of greatest importance in qualitative or quantitative type differ?

The final paper of this course will be due during

The final paper of this course will be due during Module 9. The paper will be a 3-4 page analysis of a literary concept of your choice. For this week’s proposal, submit 2 page overview discussing the topic you intend to use for your final paper. The paper can be