Question

In: Operations Management

Who is a stakeholder and why are they, and their voices, important? As a stakeholder in...

Who is a stakeholder and why are they, and their voices, important?

As a stakeholder in Post University, next week in all your courses you are going to be asked to complete your student survey. Big deal…


Why should your instructors care about what you have to say?


Why should Post care about what you have to say?


1. What difference can you, or any stakeholder make by conveying your thoughts to the company you’re a stakeholder in?


2. Is there a better way to reach for a result or action from the company?


3. If you own the company, why should you listen to feedback regarding improvement for the company you have poured you heart, soul, and monies into?


Please number each response and provide one space between responses.

Solutions

Expert Solution

Who is a stakeholder and why are they, and their voices, important?

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, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.

In business, a stakeholder is usually an investor in your company whose actions determine the outcome of your business decisions. Stakeholders don't have to be equity shareholders. They can also be your employees, who have a stake in your company's success and incentive for your products to succeed. They can be business partners, who rely on your success to keep the supply chain going. Every business takes a different approach to stakeholders. The roles of stakeholders differ between businesses, dependent on the rules and responsibilities laid out at the founding of your company or as your business evolved over the years. The most common definition of a stakeholder, however, is a large investor that has the clout to hold a viable "stake" in your company.

As a stakeholder in Post University, next week in all your courses you are going to be asked to complete your student survey.

In a University stakeholders are the students. The University/college is running only if a student (investor) pays the course fee (investment).

Why should your instructors care about what you have to say?

Its very important for a instuctors(shareholders) of a university cares about the students(investor) feedback

to make sure that the college/company is in a profitable matter for the investor as well as the company.

Why should Post care about what you have to say?

Beacause a investor (student) who is benifitted with the dividend (learning experience) can give a nice

feedback about the college/company.

1. What difference can you, or any stakeholder make by conveying your thoughts to the company you’re a stakeholder in?

It is very important to hear from a stackholder. Effective communication ensures that they receive information that is relevant to their needs and builds positive attitudes to your company or project. Building positivity and confidence of a company may increase the inflow of funds through new investors.

2. Is there a better way to reach for a result or action from the company?

*Organising investors meeting to hear from them.

* Declaring dividends whenever a project makes a profit.

* To assure that investors stake to be protected in market conditions.

* Investors should be given first prefrences before taking any action.

3. If you own the company, why should you listen to feedback regarding improvement for the company you have poured you heart, soul, and monies into?

My Company is created not only for my profit alone , its a company which is created to enhance the lifestyle of the employe shareholders and stakeholders.

MISSION :

"longstanding commitment to providing excellence: To help customers achieve their business objectives by providing innovative, best-in-class consulting, IT solutions and services. To make it a joy for all stakeholders to work with us."

VISION:

"To be a globally respected corporation that provides best-of- breed business solutions, leveraging technology, delivered by best-in-class people.To achieve our objectives in an environment of fairness, honesty, and courtesy towards our clients, employees, vendors."

The Mission and Vision is to be clear alawys and it should be followed with the ethics and human value.

.............

  


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