Question: This discussion assignment requires you to apply stakeholder analysis to your current employer. If you are not currently employed, use your most recent employer. With
This discussion assignment requires you to apply stakeholder analysis to your current employer. If you are not currently employed, use your most recent employer. With that employer in mind, complete the following:
1. Identify the primary stakeholders of your organization. What are their main interests? Be specifc! For example, I am employed as a faculty member at USI. Faculty members are primary stakeholders of USI, as the university cannot operate without them. As a faculty member, I have many interests, which include fair pay and benefits, adequate space and technology support for teaching, adequate resources for research, a voice in the shared governance of the university, increasing the reputation of the university, and many others. Not all of these interests are equally important to me.
2. Identify the secondary stakeholders of your organization? What are their main interests? For example, the local business community is a secondary stakeholder of USI. The local business community interests include a pipeline of well-educated graduates to fill open jobs, USI being a good local "citizen", access to mentor students, access to faculty expertise through executive education and community involvement, and many others. Not all of these interests are equally important to the local business community.
3. Pick a recent strategic decision made by your organization. Evaluate the specifc impacts of this decision on the interests of the stakeholders you've identified. For example, one recent strategic decision made by USI was the decision to go Division I. The impact on faculty may be mixed (time will tell!). It could lead to tighter budgets elsewhere, which could make fair raises less likely. However, it may also help to improve the reputation of the university, especially beyond the local region, which could lead to increased enrollment and, thus, an improved budge for raises.
4. Briefly address how you would plan for the fall-out of the impacts of the decision on the interests of a few primary stakeholders. If the impacts are negative, what should be done to mitigate the negatives? If positive, what can be done to capitalize on them. For example, the potential negative impact on fair raises was mitigated, to a degree, by also announcing a pool for a 3% faculty pay bump.
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