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RUNNING HEAD: MULTIPLE STAKEHOLDER PROCESS
RUNNING HEAD: MULTIPLE STAKEHOLDER PROCESS
Running Head: Multiple Stakeholder Process
Student’s Name
Institution Affiliation
Public advocacy is considered to be activities that involve the
individuals or groups to influence and offer support to a given
cause or policy. It takes place both in public and also in private
institutions. Some of the advocacy groups that we have includes
the lobbyist and the special interest groups which are helping in
advocating in the public realm. In addition, we also have the
patient advocates who are based in the hospitals and help in the
process of protecting the rights of the patients, In business,we
have the nonprofit groups who ensure that consumers are treated
fair in the marketplaces. Multiple stakeholder processes are
considered to be the process which is aiming at bringing all the
key stakeholders together to make some decisions about some
particular issues by consulting widely to ensure that the
opportunity for the engagement is maximized (Malek, Budhwar
& Reiche, 2015).
Identify and research at least two examples of companies that
have been impacted by the campaigns of public advocacy
groups. What is the value of democratic inputs in business
decision making?
The two companies that have been impacted by the campaign of
the public advocacy group include companies like Apple and the
Koch Company. Apple is an international company that is
dealing with the production of the electronics such the iPad,
iPhone and televisions. On the other side, Koch Company is
also one of the companies that have been impacted by the
campaigns of the public advocacy. We have realized that the
company deals with the production of the Angel Soft toilet
papers and it also deals with the parts of the iPhone. Apple is
influenced by the campaigns of the public advocacy that it
engages in the policy discussion and discuss matters that are
base on their business. Apple clients in some of the areas that
include the intellectual property, privacy and also environment.
The company is actually trying to ensure that they help in the
policy-making of the government to understand their products,
their business and the innovation they use (Chai, Kim & Kim,
2018).
We have also realized that Koch Company has also been
impacted by the campaigns of the advocacy groups by ensuring
that they are have come up with the system to ensure that there
is loyalty, honor, personal courage, respect and integrity in the
company among the workers and also to the public. The value of
democratic inputs in these two companies is actually to ensure
that the companies are complying with public policies and
regulations that help them to make decisions which are
benefiting everyone in the market to ensure that there are a
good relationship and good policies for the business and to the
public (Epstein, 2018).
Identify and list all of the sustainability stakeholders at Top
Shelf. Does each group have equal weight throughout the
program development process? When should each be brought
into the discussion?
We have realized that the sustainable stakeholder at Top shelf is
actually responsible to ensure that they are able solve the
unconventional problem and also ensure that there is leadership
which is visionary especially when it comes to business. The
list of sustainable stakeholders at the Top shelf includes
marketing stakeholders, the programming stakeholders, project
stakeholder, and the analysis stakeholder. All the stakeholders
are responsible to ensure that they are able to determine the
most efficient and profitable ways to launch a product and also
solve the problems which are external and internal concerning
the market challenges (Geissdoerfer, Bocken & Hultink, 2016).
Each group of the stakeholders does not have equal weight
through the program development process because each group is
a tasked with specific responsibility. In the development
process there some of the decisions that need the high profile
stakeholders to handle. We have realized that each of the
stakeholders should be brought in the discussion when making a
general decision to the whole system that requires all input.
Each shareholder can also be brought in the discussion when
there is a problem that is affecting the whole business and the a
proper strategy that should be made out. They can also be
brought into discussion when the annual reports are needed and
discuss the challenges that have been witnessed so that
recommendations can be implemented on the problems (Line,
Runyan & Gonzalez-Padron, 2018).
Explain the advantages of implementing a multiple-stakeholder
process that significantly influences a company's agenda for
sustainability.
The advantages of implementing a Multiple –stakeholder
process which is significantly influences the company's agenda
for the sustainability is that multiple- stakeholder provides a
long line of business experience. The stakeholders who are
having a large invested interest in the business assists in sharing
experiences that they have in the business world. This helps the
company to realize some of the problems that the business is
likely to go through and find a way of solving the problems so
that they don't affect the business. The experience by the
multiple- stakeholders also helps in providing the company with
different ideas on different management skills that are supposed
to be incorporated in the company (Martin & Rice, 2015).
The other advantage of having multiple-stakeholders in the
company is to help in solving anticipated potential problems.
The stakeholder will help the owners of the company to
anticipate some of the issues that might go wrong in the
business. This is because most of the multiple-stakeholders are
having different backgrounds and also levels of experiences
which would help them to see issues that the owners of the
business may not be able to see. The multiple- stakeholders may
also have experience with the potential vendors which the
company is in need of and they can help the company with the
first-hand testimony to work with the vendor and this will make
the business to have positive changes that help the company to
thrive well in the production a provision of the services (Payne
& Calton, 2017).
Describe the challenges in a multiple-stakeholder process for
developing a sustainable business plan. Do the interests of one
group outweigh the others?
The challenge that involves the multiple-stakeholder process for
the development of the sustainable business plan is that the
stakeholders may represent their own interest. We have realized
that some of the stakeholders may be just focusing their own
interest. For instance, external stakeholders such as the
political appointees may not have the heart to work to the
interest of the company by not offering something genuine that
helps the company. Instead they’ll want the company to comply
with their personal interest.. We have realized that having
multiple-stakeholders can sometimes be a problem because
some will vote against a part of the proposals which are very
vital to the company because they fear losing money. Then you
will find that their focus is based on their financial interest than
the needs of the company. Some of the stakeholders feel that
their interest should be acted upon immediately in the company
which to some extent leads to conflict in the company (Van
Esterik, 2017).
The other challenge is that multiple- stakeholders may have
blocked progress of developing a sustainable business plan of
the company. For example, most of the stakeholders have fear
that an action of the business may harm their stock interest
which could actually lead to the failure of the business.
Resulting to not having harmony in the decision-making process
on the vital things and issues that may help in developing the
company. One of the challenges that is also common with the
multiple stakeholders in developing sustainable business plan is
the slow decision making implementation. The different
opinions that are coming from the other stakeholders are due to
some will want things to be done their way and this complicates
the implementation process of the vital proposals made in the
business (Malek, Budhwar & Reiche, 2015).
Develop a step-by-step plan for implementing a multiple-
stakeholder process. Your plan should assure the credibility of
Top Shelf's sustainability plan in the public sphere and also be
effective in meeting the goal of sustainability.
The step-by-step plan for implementing a multiple-stakeholder
plan involves three steps (Chai, Kim & Kim, 2018).
· The first step is to initiate the process and this involves
initiating the objectives and also including the scope of the
initiative. Initial analysis of the situation is done at this stage
and this involves the stakeholders their interests and
expectations. The process also includes establishing the
coordination team.
· The other step that involves the process of implementing a
multiple-stakeholder plan is to ensure that sustainable
collaboration is built. In this process, a consensus is actually
built based on the shared vision in future. The process also
involves making sure that the consultations and the process that
involves decision making are inclusive and participatory. Trust
and sharing of the values from each and everyone in the
stakeholder is also considered to be key in this case, it also
includes embracing the concerns and the interests of the
stakeholders. The outcomes should be communicated to the
stakeholders frequently so that they can have a good
approaching style that is effective.
· The third process of developing multiple-stakeholder
implementation process is managing the collaborations which
involve the process of ensuring that there are detailed and
concrete actions plans and also ensure that relevant sources and
support are secured. This also involves developing the capacity
and building the existing talent of the multiple-stakeholders
who are involved in the company. Managing collaboration also
embraces establishing management mechanism which will help
in the process of building in conflict resolution mechanism
Suggest metrics for tracking the progress.
Metrics is considered to be the wide variety of the tools which
are used by the managers and also executives to help in the
process of evaluating the performance of the employees, the
services, the products and also the satisfaction of the customers.
In this case, the matrix that I would suggest in tracking the
process is technology metrics which is the technique that helps
in measuring the investment technology, execution, the
productivity, quality and the risk compliance because it
involves the customer satisfaction, services request an also
operation request (Van Esterik, 2017).
References
Abdul Malek, M., Budhwar, P., & Reiche, B. S. (2015). Sources
of support and expatriation: A multiple stakeholder perspectives
of expatriate adjustment and performance in Malaysia. The
International Journal of Human Resource Management, 26(2),
258-276.
Chai, D. S., Kim, S., & Kim, M. (2018). A Work and Learning
Dual System Model for Talent Development in South Korea: A
Multiple Stakeholder View. Advances in Developing Human
Resources, 1523422318803085.
Epstein, M. J. (2018). Making sustainability work: Best
practices in managing and measuring corporate social,
environmental and economic impacts. Routledge.
Geissdoerfer, M., Bocken, N. M., & Hultink, E. J. (2016).
Design thinking to enhance the sustainable business modelling
process–A workshop based on a value mapping process. Journal
of Cleaner Production, 135, 1218-1232.
Line, N. D., Runyan, R. C., & Gonzalez-Padron, T. (2018).
Multiple stakeholder market orientation: a service-dominant
logic perspective of the market orientation paradigm. AMS
Review, 1-19.
Martin, N., & Rice, J. (2015). Improving Australia's renewable
energy project policy and planning: A multiple stakeholder
analysis. Energy Policy, 84, 128-141.
Payne, S. L., & Calton, J. M. (2017). Towards a managerial
practice of stakeholder engagement: Developing multi-
stakeholder learning dialogues. In Unfolding stakeholder
thinking (pp. 121-135). Routledge.
Van Esterik, P. (2017). The politics of breastfeeding: An
advocacy perspective. Breastfeeding bicultural perspectives,
145-165.
Module 5
Due 11/29
· Assignment 2: Discussion—Course Reflection
As business leaders, you must decide whether the concept of
sustainable business is valuable for each of your organizations.
Each module of this course covered a different aspect of
sustainable business practice and theory or model for achieving
sustainable business practice.
Reflect on your work throughout this course and respond to the
following:
· What are the concepts and actions you’ve learned that can be
implemented in your current or future career?
· Is there any concept about sustainability that you question?
· What is the best, most valuable concept you gained from this
course? Explain your choice.
Bythe due date assigned, post your response to the Discussion
Area. Throughthe end of the module, review and comment on at
least two peers’ responses.
Write your initial response in 300–500 words. Your response
should be thorough and address all components of the
discussion question in detail, include citations of all sources,
where needed, according to the APA Style, and demonstrate
accurate spelling, grammar, and punctuation
· Grading Criteria
Grading Criteria
Maximum Points
Quality of initial posting, including fulfillment of assignment
instructions
16
Quality of responses to classmates
12
Frequency of responses to classmates
4
Reference to supporting readings and other materials
4
Language and grammar
4
Total:
40
RUNNING HEAD MULTIPLE STAKEHOLDER PROCESSRUNNING HEAD MULT.docx

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RUNNING HEAD MULTIPLE STAKEHOLDER PROCESSRUNNING HEAD MULT.docx

  • 1. RUNNING HEAD: MULTIPLE STAKEHOLDER PROCESS RUNNING HEAD: MULTIPLE STAKEHOLDER PROCESS Running Head: Multiple Stakeholder Process Student’s Name Institution Affiliation Public advocacy is considered to be activities that involve the individuals or groups to influence and offer support to a given cause or policy. It takes place both in public and also in private institutions. Some of the advocacy groups that we have includes the lobbyist and the special interest groups which are helping in advocating in the public realm. In addition, we also have the patient advocates who are based in the hospitals and help in the process of protecting the rights of the patients, In business,we have the nonprofit groups who ensure that consumers are treated fair in the marketplaces. Multiple stakeholder processes are considered to be the process which is aiming at bringing all the key stakeholders together to make some decisions about some
  • 2. particular issues by consulting widely to ensure that the opportunity for the engagement is maximized (Malek, Budhwar & Reiche, 2015). Identify and research at least two examples of companies that have been impacted by the campaigns of public advocacy groups. What is the value of democratic inputs in business decision making? The two companies that have been impacted by the campaign of the public advocacy group include companies like Apple and the Koch Company. Apple is an international company that is dealing with the production of the electronics such the iPad, iPhone and televisions. On the other side, Koch Company is also one of the companies that have been impacted by the campaigns of the public advocacy. We have realized that the company deals with the production of the Angel Soft toilet papers and it also deals with the parts of the iPhone. Apple is influenced by the campaigns of the public advocacy that it engages in the policy discussion and discuss matters that are base on their business. Apple clients in some of the areas that include the intellectual property, privacy and also environment. The company is actually trying to ensure that they help in the policy-making of the government to understand their products, their business and the innovation they use (Chai, Kim & Kim, 2018). We have also realized that Koch Company has also been impacted by the campaigns of the advocacy groups by ensuring that they are have come up with the system to ensure that there is loyalty, honor, personal courage, respect and integrity in the company among the workers and also to the public. The value of democratic inputs in these two companies is actually to ensure that the companies are complying with public policies and regulations that help them to make decisions which are benefiting everyone in the market to ensure that there are a good relationship and good policies for the business and to the public (Epstein, 2018). Identify and list all of the sustainability stakeholders at Top
  • 3. Shelf. Does each group have equal weight throughout the program development process? When should each be brought into the discussion? We have realized that the sustainable stakeholder at Top shelf is actually responsible to ensure that they are able solve the unconventional problem and also ensure that there is leadership which is visionary especially when it comes to business. The list of sustainable stakeholders at the Top shelf includes marketing stakeholders, the programming stakeholders, project stakeholder, and the analysis stakeholder. All the stakeholders are responsible to ensure that they are able to determine the most efficient and profitable ways to launch a product and also solve the problems which are external and internal concerning the market challenges (Geissdoerfer, Bocken & Hultink, 2016). Each group of the stakeholders does not have equal weight through the program development process because each group is a tasked with specific responsibility. In the development process there some of the decisions that need the high profile stakeholders to handle. We have realized that each of the stakeholders should be brought in the discussion when making a general decision to the whole system that requires all input. Each shareholder can also be brought in the discussion when there is a problem that is affecting the whole business and the a proper strategy that should be made out. They can also be brought into discussion when the annual reports are needed and discuss the challenges that have been witnessed so that recommendations can be implemented on the problems (Line, Runyan & Gonzalez-Padron, 2018). Explain the advantages of implementing a multiple-stakeholder process that significantly influences a company's agenda for sustainability. The advantages of implementing a Multiple –stakeholder process which is significantly influences the company's agenda for the sustainability is that multiple- stakeholder provides a long line of business experience. The stakeholders who are having a large invested interest in the business assists in sharing
  • 4. experiences that they have in the business world. This helps the company to realize some of the problems that the business is likely to go through and find a way of solving the problems so that they don't affect the business. The experience by the multiple- stakeholders also helps in providing the company with different ideas on different management skills that are supposed to be incorporated in the company (Martin & Rice, 2015). The other advantage of having multiple-stakeholders in the company is to help in solving anticipated potential problems. The stakeholder will help the owners of the company to anticipate some of the issues that might go wrong in the business. This is because most of the multiple-stakeholders are having different backgrounds and also levels of experiences which would help them to see issues that the owners of the business may not be able to see. The multiple- stakeholders may also have experience with the potential vendors which the company is in need of and they can help the company with the first-hand testimony to work with the vendor and this will make the business to have positive changes that help the company to thrive well in the production a provision of the services (Payne & Calton, 2017). Describe the challenges in a multiple-stakeholder process for developing a sustainable business plan. Do the interests of one group outweigh the others? The challenge that involves the multiple-stakeholder process for the development of the sustainable business plan is that the stakeholders may represent their own interest. We have realized that some of the stakeholders may be just focusing their own interest. For instance, external stakeholders such as the political appointees may not have the heart to work to the interest of the company by not offering something genuine that helps the company. Instead they’ll want the company to comply with their personal interest.. We have realized that having multiple-stakeholders can sometimes be a problem because some will vote against a part of the proposals which are very vital to the company because they fear losing money. Then you
  • 5. will find that their focus is based on their financial interest than the needs of the company. Some of the stakeholders feel that their interest should be acted upon immediately in the company which to some extent leads to conflict in the company (Van Esterik, 2017). The other challenge is that multiple- stakeholders may have blocked progress of developing a sustainable business plan of the company. For example, most of the stakeholders have fear that an action of the business may harm their stock interest which could actually lead to the failure of the business. Resulting to not having harmony in the decision-making process on the vital things and issues that may help in developing the company. One of the challenges that is also common with the multiple stakeholders in developing sustainable business plan is the slow decision making implementation. The different opinions that are coming from the other stakeholders are due to some will want things to be done their way and this complicates the implementation process of the vital proposals made in the business (Malek, Budhwar & Reiche, 2015). Develop a step-by-step plan for implementing a multiple- stakeholder process. Your plan should assure the credibility of Top Shelf's sustainability plan in the public sphere and also be effective in meeting the goal of sustainability. The step-by-step plan for implementing a multiple-stakeholder plan involves three steps (Chai, Kim & Kim, 2018). · The first step is to initiate the process and this involves initiating the objectives and also including the scope of the initiative. Initial analysis of the situation is done at this stage and this involves the stakeholders their interests and expectations. The process also includes establishing the coordination team. · The other step that involves the process of implementing a multiple-stakeholder plan is to ensure that sustainable collaboration is built. In this process, a consensus is actually built based on the shared vision in future. The process also involves making sure that the consultations and the process that
  • 6. involves decision making are inclusive and participatory. Trust and sharing of the values from each and everyone in the stakeholder is also considered to be key in this case, it also includes embracing the concerns and the interests of the stakeholders. The outcomes should be communicated to the stakeholders frequently so that they can have a good approaching style that is effective. · The third process of developing multiple-stakeholder implementation process is managing the collaborations which involve the process of ensuring that there are detailed and concrete actions plans and also ensure that relevant sources and support are secured. This also involves developing the capacity and building the existing talent of the multiple-stakeholders who are involved in the company. Managing collaboration also embraces establishing management mechanism which will help in the process of building in conflict resolution mechanism Suggest metrics for tracking the progress. Metrics is considered to be the wide variety of the tools which are used by the managers and also executives to help in the process of evaluating the performance of the employees, the services, the products and also the satisfaction of the customers. In this case, the matrix that I would suggest in tracking the process is technology metrics which is the technique that helps in measuring the investment technology, execution, the productivity, quality and the risk compliance because it involves the customer satisfaction, services request an also operation request (Van Esterik, 2017). References Abdul Malek, M., Budhwar, P., & Reiche, B. S. (2015). Sources of support and expatriation: A multiple stakeholder perspectives of expatriate adjustment and performance in Malaysia. The International Journal of Human Resource Management, 26(2), 258-276. Chai, D. S., Kim, S., & Kim, M. (2018). A Work and Learning
  • 7. Dual System Model for Talent Development in South Korea: A Multiple Stakeholder View. Advances in Developing Human Resources, 1523422318803085. Epstein, M. J. (2018). Making sustainability work: Best practices in managing and measuring corporate social, environmental and economic impacts. Routledge. Geissdoerfer, M., Bocken, N. M., & Hultink, E. J. (2016). Design thinking to enhance the sustainable business modelling process–A workshop based on a value mapping process. Journal of Cleaner Production, 135, 1218-1232. Line, N. D., Runyan, R. C., & Gonzalez-Padron, T. (2018). Multiple stakeholder market orientation: a service-dominant logic perspective of the market orientation paradigm. AMS Review, 1-19. Martin, N., & Rice, J. (2015). Improving Australia's renewable energy project policy and planning: A multiple stakeholder analysis. Energy Policy, 84, 128-141. Payne, S. L., & Calton, J. M. (2017). Towards a managerial practice of stakeholder engagement: Developing multi- stakeholder learning dialogues. In Unfolding stakeholder thinking (pp. 121-135). Routledge. Van Esterik, P. (2017). The politics of breastfeeding: An advocacy perspective. Breastfeeding bicultural perspectives, 145-165. Module 5 Due 11/29 · Assignment 2: Discussion—Course Reflection As business leaders, you must decide whether the concept of sustainable business is valuable for each of your organizations. Each module of this course covered a different aspect of
  • 8. sustainable business practice and theory or model for achieving sustainable business practice. Reflect on your work throughout this course and respond to the following: · What are the concepts and actions you’ve learned that can be implemented in your current or future career? · Is there any concept about sustainability that you question? · What is the best, most valuable concept you gained from this course? Explain your choice. Bythe due date assigned, post your response to the Discussion Area. Throughthe end of the module, review and comment on at least two peers’ responses. Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation · Grading Criteria Grading Criteria Maximum Points Quality of initial posting, including fulfillment of assignment instructions 16 Quality of responses to classmates 12 Frequency of responses to classmates 4 Reference to supporting readings and other materials 4 Language and grammar 4 Total: 40