Tuesday, December 31, 2019

Case Study Managing Stakeholder Engagement - 992 Words

Managing Stakeholder Engagement Here I am reviewing the case of a public company where the new agenda is related to stakeholders and the policy implementation related to environment, how and what kind of contributions can be made and last but not the least what kind of environmental issues can be faced and what can be the solution. Task 1 Stakeholder Analysis related to the Environmental Issues Sometimes the environment related contributions are considered not much important by some companies, although many believe that these issues serve the companies by being the new competitive advantage they have in the market full of competitors. For example, manufacturers need to care about pollution and waste material’s problem like leather industry waste and the air pollution or take the case of sprays and perfumes filled with chemicals that are destroying the natural balance of the ozone layer. Another example may be the wood and paper industries, which are making the forests to shrink and along the way taking the fauna and flora of the world with it making some common species to be become extinct or almost extinct. The examples can go on and on with the ultimate effect on human life itself (Greenwood, 2007 315–327). Stakeholders of a public company, or even the private company, comprises or many participants like the shareholders, employer/ manager, employees, customers, suppliers, logistic providers, shareholders, investors, competitors, political parties, associated society andShow MoreRelatedBusiness For Social Responsibility ( Bsr )1278 Words   |  6 PagesCase Study 1: Stakeholder Mapping Introduction Business for Social Responsibility (BSR) is an international nonprofit organization that aims to â€Å"work with business to create a just and sustainable world† (BSR, 2014). 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