Question: Case Study: Misalignment between a company's goals and the interests of various stakeholdersGreenTech Innovations is a mid-sized technology company specialising in renewable energy solutions, particularly
Case Study: Misalignment between a company's goals and the interests of various stakeholdersGreenTech Innovations is a mid-sized technology company specialising in renewable energy solutions, particularly solar panel technology. In a bid to increase its market share by 30% over the next year, the company aims to develop a groundbreaking solar panel product. However, this ambitious goal has created friction among key stakeholders, including employees, local community members, and environmental advocacy groups.As part of its strategy to achieve rapid growth, GreenTech considers outsourcing production to a foreign manufacturer known for lower costs but controversial environmental practices. Employees express deep concern about potential job losses and the impact on their work environment, fearing that outsourcing may lead to layoffs and a decline in workplace culture. Simultaneously, the local community raises alarms about the anticipated increase in industrial activity, worrying that it will disrupt their quality of life and lead to environmental degradation.Environmental advocacy groups are also vocal, emphasizing that the companys partnership with a manufacturer that has questionable sustainability practices contradicts its mission of promoting renewable energy. As protests escalate and employee morale wanes, GreenTech faces a critical moment: to stay true to its growth ambitions while addressing the legitimate concerns of its stakeholders, or risk damaging its reputation and operational stability. With reference to the case study, identify three key stakeholders impacted by GreenTech Innovations decision to outsource production. In your answer discuss their interests and concerns about this decision.
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