Neda is a top-level manager at a mid-sized financial services company. The number and variety of stakeholders who reach out to her with problems or issues is truly large, and she is having trouble deciding which ones to give her time and attention to. How should she analyze and respond to stakeholder demands?
What will be an ideal response?
Although Neda should understand that all stakeholders matter, it is unlikely that
she will be able to attend to all their demands personally, and it is also unlikely that she
should attend to all of them personally. Some stakeholder demands may even conflict
with others. To give her attention to a demand, Neda should consider whether it has
any, or a combination of, three core characteristics: power, urgency, and legitimacy. If
the demand has power, it means that the stakeholder has influence over Neda’s
organization and could potentially cause direct problems if not attended to. A
stakeholder with legitimacy has a high status in the community, or their demand does.
Urgent demands are just that--they need a timely response. It may be tempting for Neda
to give all her attention to high-power stakeholders, but she should not dismiss low-
power stakeholders if they have high legitimacy.
You might also like to view...
Though originally morally neutral in its meaning, the word discrimination has acquired a _______ value.
a. Pass b. Meaningless c. Positive d. Negative
Which of the following would improve a website's accessibility?
A) using fixed text sizes B) creating very tiny clickable areas C) using "click here for more" rather than "More on cosmetic dentistry" D) making bold headings, short paragraphs, and orderly paragraph arrangements
Write the expression for total revenue per month.
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000 Variable cost per occupied room per night 20 Revenue per occupied room per night 75
Identify the account below that is classified as a liability account:
A. Accounts Payable B. Salaries Expense C. J. Jackson, Capital D. Equipment E. Cash