1. Which stakeholders does Wal-Mart seem to be serving better now than in the past? Why does...

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1. Which stakeholders does Wal-Mart seem to be serving better now than in the past? Why does this shift make a difference to Wal-Mart?
2. Are the ongoing criticisms about Wal-Mart justified? Is it possible to satisfy stakeholders more fully than Wal-Mart is currently attempting to do?

After years of criticism from various groups, Wal-Mart is paying more attention to its stakeholders. “We’ve talked to environmentalists; we’ve talked to NGOs; we’ve talked to people in neighborhoods. We’ve really reached out to say: What should we be doing differently?” says Mona Williams, Wal-Mart’s VP of corporate communications. In Aurora, Colorado, the world’s largest retailer has introduced numerous environmental initiatives, including solar and wind energy and recycled tires. Wal-Mart also claims that it has removed managers who acted unethically due to pressures to reduce costs. “We are light-years ahead of where we were even two or three years ago,” says Williams. This PBS program details some of the initiatives Wal-Mart has developed to change its relationship with stakeholders. We also hear from critics who explain why Wal-Mart’s recent public image campaign doesn’t correct the company’s underlying problems.

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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