This website uses cookies to ensure you have the best experience. Learn more

Stakeholder Management Essay

692 words - 3 pages

How to engage stakeholders

Cadbury Schweppes has open and regular discussions with its stakeholders and uses different ways to communicate with different stakeholder groups:
Shareowners - Cadbury Schweppes has over 60,000 registered shareowners. These include private individuals as well as large institutional investors, such as pension funds and banks. All shareowners are also entitled to attend the Annual General Meeting, at which they have the opportunity to ask questions, discuss the company's performance and vote on certain issues.
Consumers - Consumers can contact the company by various means and Cadbury Schweppes deals with consumer enquiries on a daily basis. It performs market ...view middle of the document...

Employees - Cadbury Schweppes has a tradition of encouraging direct, two-way involvement and communication with employees. Managers hold regular individual and team meetings to inform colleagues about the business and hear their views. The company also conducts surveys to check how its employees feel about working at Cadbury Schweppes. Internal newsletters, a group website and many local websites help employees keep up to date with what is going on.
Society - The company regards itself as a citizen in the countries in which it operates and enters into regular dialogue with organisations such as national governments and international bodies. For example, the World Health Organisation (WHO) to discuss issues that effect the company. These issues can be anything from agricultural policy to education and skills.
Cadbury Schweppes also encourages its employees to get involved in community programmes so they can give something back to society and gain new experiences and broaden their horizons.

Balancing different stakeholder views

The table in section 2 demonstrates that not all stakeholders share the same interests. Cadbury Schweppes listens to its...

Other Papers Like Stakeholder Management

Stakeholder vs Stockholder Theory Essay

1146 words - 5 pages Larry Chapman Business Ethics Exam Two The Stakeholder theory of a firm is made up into equal percentages on a pie chart, which is made up of Financials, Suppliers, Employees, Customers and Communities. The Stockholder theory of a firm is made up by a pyramid structure consisting of Labor, Management, CEO, Board and Stockholders. I believe the Stakeholder theory is less ethical than the stockholder theory in terms of Libertarianism and

Yammer Stakeholder Engagement Assignment

1497 words - 6 pages IT Stakeholder Engagement Assignment Introduction This brief essay explores the features of Yammer, the benefits that will bring to Supercheap Auto and the potential concerns or risks that will bring by Yammer, a schedule plan for Yammer testing also gave. Supercheap Auto is a thriving specialty retail business, specialising in automotive parts and accessories. Currently there are over 280 stores across Australia and New Zealand and more than

Stakeholder

1590 words - 7 pages : Corporate Social Responsibility: the corporate citizenship which is defined in the ways Nike’s strategies and operating practices affect its stakeholder, the natural environment and the societies where the business operates. In this definition corporate citizenship encompasses the concept of csr which is involving Nikes explicit and mainly discretionary efforts to improve society in some way, but is also directly linked to the company business

Stakeholder Compare and Contrast Essay

886 words - 4 pages Stakeholder Compare and Contrast Essay Chasity Smalls HCA 675 Grand Canyon University September 17, 2014 When referring to healthcare, defining the quality of healthcare can be different because there are various individuals involved with different views. These individuals with different views are stakeholders. “AHRQ, Agency for Healthcare Research and Quality, has

Needs of Stakeholder and Shareholder Obligations

861 words - 4 pages is practiced through “stakeholder management” (Mattingly, J. E., 2004). The Solution With the inclusion of shareholders in the definition of stakeholders, it would appear the obvious solution to the firm meeting stakeholder needs without neglecting shareholder obligations can be done through the principle of stakeholder management. Freeman agrees that it is a simple fact that corporations have groups who can affect or who are affected by

Stakeholder Analysis of Cp Buying Hsbc Share

2407 words - 10 pages the core areas of specialization of CP, thus seems to be secluded and “out of the blue” investment providing no synergic value for the group of companies. On the other hand, in their press release regarding the buy, Charoen Pokphand Group expressed “its admiration and confidence in Ping An Insurance Company Limited and their talented management led by Dr. Peter Ma (Chairman of Ping An). Charoen Pokphand Group is pleased to have the opportunity to

Is Maximising Shareholder Wealth a Superior Objective to Stakeholder Interest

3622 words - 15 pages are harmed by, or whose rights are contravened or regarded by, corporate actions . The list of stakeholder commonly includes customers, employees, suppliers and the community like shareholders and other investors. As stated by Frederick R.Post , shareholder theory supports that management is allowed to ignore the interest of the the other constituencies while pursuing the interest of the shareholder owners. Moreover, in the perspective of finance

Case Study Analysis: Monsanto Attempts to Balance Stakeholder Interests

541 words - 3 pages Case Study Analysis: Monsanto Attempts to Balance Stakeholder Interests Case Study Analysis: Monsanto Attempts to Balance Stakeholder Interests Monsanto is the largest agricultural company that specializes in both conventional and genetically modified organism (GMO) seeds and other products. Overall Monsanto has tried to maintain a good ethical culture to their different stakeholders. Because even with all the issues the organization

Contrasting Business Types by Purpose, Ownership and Stakeholder Impact

1923 words - 8 pages Contrasting Business Types by Purpose, Ownership and Stakeholder Impact Introduction For this assignment I have decided to use two separate and contrasting companies both having separate business purposes. The two businesses I have chosen to write about are UNICEF and John Lewis partnership. UNICEF is a non- profitable international organisation whose main purpose is to address the needs of struggling children around the world to ensure that

Stakeholder Analysis

1338 words - 6 pages Stakeholder analysis by Mohamed A. Abdrabo and Mahmoud A. Hassaan CEDARE 1. Objectives: 1.1 This document intends to provide background information on stakeholder analysis in terms of definitions, objective, need for conducting stakeholder analysis. 1.2 Also, the document aims to provide a systematic approach for conducting a stakeholder analysis within the framework of Wadi Project. 2. Background 2.1 Public issues in general and

Analysis of a Stakeholder

766 words - 4 pages . ‘It's an enormous change,’ says Tom Billet, senior consultant for the risk management firm Towers Watson. As health insurance transforms itself, patients may feel a few side effects -- such as short-term price increases, name changes and some confusion during the transition.” Reforms Shake Up Health Insurance Companies, Jay MacDonald (2103). Insurers are needing to change a lot because of the health care reform, but they are also seeing the

Related Essays

Stakeholder Analysis

1755 words - 8 pages STAKEHOLDER ANALYSIS UNIVERSITY July 14, 2014 Stakeholders are a powerful force in business from both an economic and societal point of view. “Stakeholder theory is a theory of organizational management and ethics.” (Phillips, 2003) Stakeholders are the individuals, groups, and organizations who can affect the firm’s vision and mission, are affected by the strategic outcomes achieved, and have enforceable claims on the firm’s performance

Stakeholder Mapping Essay

518 words - 3 pages Stakeholder mapping If OneLife are to go ahead with the take-over from Company F, many people involved internally and externally will be affected. To help categorise the different stakeholder groups, Mendelow’s (1991) power interest matrix will be used. This will help to highlight the different stakeholders involved and priorities the outcomes related to their power and interest in the organisation. (Adapted from Mendelow, 1991) Low Power

Customer Stakeholder Essay

2820 words - 12 pages conflict between stakeholders' interests and businesses limiting their ethical responsibility initiatives to please the most powerful and visible stakeholder interests. If shareholders reward firms in the short run for earnings or financial performance without any regard for ethics, then this may be a signal to management that ethical behavior is not a key factor in success. Customers may be able to withhold purchasing from an unethical firm but may

Convening Stakeholder Networks Essay

3223 words - 13 pages ) Ackoff’s Best: His Classic Writings on Management (New York: John Wiley). * Andriof, J., and S.A.Waddock (2002) ‘Unfolding Stakeholder Engagement’, in J. Andriof, S.A. Waddock, B.W. Husted and S.S. Rahman (eds.), Unfolding Stakeholder Thinking. I. Theory, Responsibility and Engagement (Sheffield, UK: Greenleaf Publishing): 19-42. * Calton, J.M., and S.L. Payne (2003) ‘Coping With Paradox: Multistakeholder Learning Dialogue as a