Question

CASE STUDY

KRISPY KREME DOUGNUTS

identify three key stakeholders who would be critical to the sccess of implementting the trategic vision. evaluate the importance of the role of these stakeholders in achieving the strategiv vision?

Answer 1

Stake holders are the key persons for successful implementation of the strategic vision. According to my point of view customers, employees and investors the three stakeholders that who are directly reason for the success. Every stakeholder holds a role for achieving the strategic vision.

Customers- If one’s business was running successfully according to their vision, customers are one of the reason. In my point of view customers are the main stakeholders because they trust the company and invest some amounts to buy goods or services. If a company have more number of employees and investors but the there was no customer leads to the company failure. Customer’s trust is the company’s success.

Employees- Employees are one of the stakeholders in every company. They give their services to the company for achieving strategic vision. They convince the customers to buy the products by showing their skills. Every employee from manager to the worker of the company has their role in every aspect of the company that which leads to the success.

Investors- To begin a company or business, some amounts must be investment by trusting the company’s vision and mission. Investors include shareholders and debt holders. Investors invest some amounts by expecting profits in return. Company management should work for the success for the investors because they invested more amounts on the company. If the company got any loss investors are first people who will be affected more than others.