Assignment Questions On Business Management

19 6.1 Strategic Risks ....................................................................................................... 19 6.2 Project Risks .......................................................................................................... 20 Stakeholder & Communications Management ..................................................................... 21 7.1 Stakeholder Assessment ....................................................................................... 21 7.2 Stakeholder Importance and Influence................................................................... 24 7.3 Community Consultation and Key Stakeholder Information.................................... 25 7.4 Key Messages ....................................................................................................... 25 7.5 Required Approvals................................................................................................ 25 7.6 Organisational Impact ............................................................................................ 25 Project Schedule.................................................................................................................. 26 8.1 Overall Project Schedule........................................................................................ 26 8.2 Staging of Works ................................................................................................... 26 Project Organisation

Organizational issues are often the most difficult part of managing projects. Taking the time to analyze an organization can help identify, understand, and solve potential problems. All organizations consist of four different frames: structural, human resources, political, and symbolic. Each of these frames describes a particular way of looking at organizations and how they function. For example, it can be used to identify the project stakeholders to help meet their needs and expectations or simply can be used to decide which college to attend.

The following table outlines the stakeholders for each of British Airways, John Lewis and World Vision International. It also indicates the level of power each stakeholder represents and the organisations’ interest in them.

Helen’s is an upmarket fashion boutique store in Sydney’s east. Falling sales have been reflected by surveys that reveal consumers view the business as outdated and no longer relevant to consumers’ needs. Strong competition in the area has placed considerable pressure on pricing. The business’s target market, 50-65 year old females, no longer dominated the now younger demographic character of the area.

In regards to the welfare agency depicted in the case scenario there are four key stakeholders that are interested in the agency as a whole. All the stakeholders are the same in way that they all represent human services. Each one of these stakeholders focus is to improve these agencies. Stake holders require active involvement and participation from several people to provide effect human services.

Guidelines, procedures and codes of practice relevant to personal work can include health and safety, data protection and if they are dealing with money financial regulations. Health and safety is so that the area you are working is free of any obstacles that may cause accidents. The data protection is so that any information you are dealing with or information that you are using does not come out of the organisation accidentally. The financial regulations are so that money can not be taken out or replaced or embezzled without someone knowing about it.

Every stakeholder have their own process and roles, it can affects or can be affects by organization’s action. All stakeholders have own satisfied and unsatisfied (appendix 2).

Stakeholder mapping identifies stakeholder expectations and power and helps in understanding political priorities and underlines two issues:

Stakeholder analysis is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them. Stakeholder analysis is a key part of

Describe your company and analyze the various primary and secondary stakeholder groups, their roles, and relationships.

If stakeholders are correctly evaluated then this evaluation will determine the authority levels, responsibilities, their weaknesses and strength, risk tolerance and stakeholder’s strategy. After doing this evaluation, an important information will be attained which helps in prioritizing the needs of the stakeholders and fulfilling their expectations which is the critical part of BUPA vision.

Stakeholder-analysis, Figure 3, indicates the three departments tasked with managing the change - these shown with a red line - will need equal consideration: Customer Service Centre, Planning & Building Control.

According to the Project Management Body of Knowledge (PMBOK) (2013), any individual that can or may impact, influence, or alter a project should be identified and have their interest documented. This is knowns as the identifying stakeholder method (PMBOK, 2013). When all stakeholders are acknowledged and their interest documented, they all must be managed continuously throughout the entire project cycle. Furthermore, a tailored process of engagement must be part of the management process to account for personality variances.

A clear and comprehensive understanding of stakeholders is a prerequisite to the effectiveness of social response. Conoco Phillips should take into account the long-term effects of the exterior stakeholders on

However, stakeholder analysis can be successful if stakeholder mapping is done by selecting the appropriate stakeholder at correct stage. Stakeholder mapping consists two axis, whereas horizontal axis reveals the level of interest an individual has in the organisation and level of importance business will put on them. In contrast, vertical axis shows the level of influence or power an organisation has in the organisation.