Imagine that you have taken two weeks off from work for a vacation. When you get back, you will likely have a lot of messages to respond to and people to call back. To whom do you respond first? You will likely have to check in with some of the internal managers and external clients, and you will have to see how certain projects and initiatives progressed while you were away. Which do you check first and why? Your response to these questions likely identifies and ranks some of the key stakeholders within your organization. Your responses may also identify your own biases regarding who you determine is a key stakeholder versus who is not. For this week’s Individual Reflection, you examine the relationship and influence certain stakeholders have on financial decisions.
To prepare for this Individual Reflection, select the firm where you work or a firm with which you are familiar. Then, take a few minutes to list the top stakeholders of the organization, industry, or firm you have selected. Be sure the list has at least five stakeholders, but stop when you reach 10. After making the list, put it away for about an hour.
After the hour has passed, take a look at your list and begin to categorize the stakeholders according to the table provided in the “Who Are Your Stakeholders?” document, located in this week’s Learning Resources area.
Categorize each stakeholder as an internal stakeholder, one of the main external stakeholders, or an “other” external.
Note: The table has three columns labeled “Internal,” “Main External,“ and “Other External.
After placing the stakeholders from your original list into the three categories, review the firm’s mission, vision, and values. Now, examine your table and continue adding stakeholders in each category until you have listed at least four stakeholders for each category.
Next, review your table and write a 2 page paper that addresses the following:
1-A determination of whether you think the list you have created is a balanced representation of stakeholders. Provide a rationale as to why it is or is not.
2-A reflection on why you identified the stakeholders you did and a consideration of the potential biases, based on experiences or roles that you play in your organization, that narrow or widen whom you identify as stakeholders.
3-An explanation of whether this exercise informed your understanding of the financial decisions being made at the organization and why.
Professional homework help features
Our Experience
However the complexity of your assignment, we have the right professionals to carry out your specific task. ACME homework is a company that does homework help writing services for students who need homework help. We only hire super-skilled academic experts to write your projects. Our years of experience allows us to provide students with homework writing, editing & proofreading services.Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How our professional homework help writing services work
You first have to fill in an order form. In case you need any clarifications regarding the form, feel free to reach out for further guidance. To fill in the form, include basic informaion regarding your order that is topic, subject, number of pages required as well as any other relevant information that will be of help.
Complete the order formOnce we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignmentAs soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download