Designing The Organization Of The Future - Ideal Organization

A corporate stakeholder is a person or group that can affect or affected by the actions of business (Boundless, n.d.). There are two broad groups of stakeholder, internal stakeholders and external stakeholders. Internal stakeholders are parties who directly involved in the activities of the firm such as owners, managers and workers. External stakeholders are people outside of the business for example are customers, suppliers, creditors, government and the society. (BBC, n.d.) (Boundless, n.d.). Further more, different stakeholder has its own interest in the business, employees want their wage to increase, manager or owners want to maximize the business’s profit, the society wants products that help to develop the community and consumers want products that meet their demand. Through an overview, all the stakeholders have diverse impacts on the company and it depends on the approach of the

The structure and design of organizations have drastically changed over the last twenty-five years. Organizations develop new goals at the beginning of the year or after the completion of previous goals, and heavily depend on planning to help achieve these goals. Planning is an integral part of organizational success, as upper management receives substantial information on various needs such as risk uncertainty, available resources, employee development, and unforeseen changes in technology (Daft, 2013). Most importantly, successful planning allows management to make effective decisions when unforeseen events arise within the organization. Not participating in planning is equivalent to taking a road trip across the country without a

The purpose of this paper is to recognize the definition and what a stakeholder is and what it does. I will also explain the two groups of the stakeholders and put the stakeholders in the group where they belong. I will explain what the stakeholders responsibilities are, what their ethical responsibilities to the company. Will explain what would be the appropriate response to the situation in the company. And finally explain what Joe should propose to the management team and how Joe should support his proposal.

Stakeholders are individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation, and those stakeholders can have different views and opinions on what corporation 's goals should be and how they should be running. I have interviewed three different stakeholders of Staples Inc., an employee, a customer and a stock holder, to find their relationship between them and the firm. Then, I will use this information to suggest how the firm should proceed and continue to have a better and more beneficial

Interviews provide a way for businesses to collect detailed qualitative information from a small selection of people by face to face discussions

A series of management questions need to be asked in order to identify the key stakeholders in the problem. The questions also play a significant role in triggering reactions from the stakeholders. Finally, the questions guide the research process. These questions include;

It helps feature to produce an apprehension of the tangled issues participated in an organizational surroundings acknowledge potentiality impediment to success and determine ways of approaching organizational state of affairs. It advance bring out that one of the important roles of an organization is to meet the necessarily of its stakeholders. Here two types of stakeholders such as

According to the author of “Built to Last”, Good to Great outlines a representation for rotating a high-quality, regular or even ordinary corporation into a grand one. The book includes a helpful illustration that brings all the presumption collectively in a significant and unforgettable manner. By bringing mutually disciplined individuals, using restricted thought and action companies can makeup and penetrate the barrier that seize them from getting to greatness. The author, Jim Collins and his explore team put together collectively a roll of “good to great” organizations and compared them to the “contrast companies” in order to verify what distinguish the leaders from the rest.

60 years ago, at the conclusion of the financial year, businesses who reported a profit were identified as an honorable business. This is not the case today, some successful businesses operate in the red, however, they have a strong mission statement that addresses their customers (internal and external), products or type of service they provide, a strategy identifying how they will grow and survive (Williams, 2008). Though for an organization to survive, they also must possess strong qualities within their mission and vision statement. This is key to ensure all vested parties have a clear understanding for the company’s existence and where the company is headed in the next 3 to 5 years. Make no mistake, a company who is thriving would

The documentary “The Corporation,” spoke about case histories of the expansion of a modern business corporation, comparing and criticizing them on their practices. It was referring on a diagnosis of the kind of personality that marks the corporations. Some of the externals that take effect are the harm to workers, harm to animals, harm to human health and harm to the biosphere. In the documentary they were stating a checklist of their personality diagnostic towards corporations. An example would be “incapacity to experience guilt, incapacity to keep up human relationship and lastly the failure to conform to social norms and respect the law.” Each of these external groups showed how affecting it was for them. The corporation could be easily related to the conflict theory.

Evan and Freeman believe that managers have a trust-keeping relationship to stakeholders. They think the modern corporation should be governed for the stakeholders and to their benefit. The theory that they believe in is the stakeholder theory of the firm. They believe that in the government today the stakeholders are being used as a means to some end and are not able to contribute in determining the prospect of the company that they have a stake in.

Business corporations are a dog eat world. Business is made up of many aspects from political, social, and environmental responsibilities to those of ethics and responsibility. Every business and major corporation has to deal with these in a much different way. For example, small business’s need more of the social responsibility in order to have more trade and an increased profit. For the major corporations the focus is on what is going on in politics, social, and environmental due to the economy or the state of their countries.

1A longer and more detailed version of this paper is published as “The Theory and Practice of Corporate

Stakeholders are people or groups with interest in an organization that can affect or be affected by the organization itself, its objectives, or its policies (BusinessDictionary, 2015). Each stakeholder brings their own perspective to the table based on their relationship with the organization (e.g. internal or external role), their level of experience, and their area of expertise about the subject matter they are involved with. At a high level, the list of stakeholders for any organization could include people or groups such as: customers, employees, government agencies, suppliers, unions, community resources, shareholders, and business owners. For the purpose of this assignment, I will discuss and review stakeholders relative to the

The documentary starts off with showing the development of the contemporary business corporation, from beginning as a legal entity to then having the entitlement of having most of the legal rights of a person. Since a corporation is said to be a “person”, the documentary then was assessing the corporation as a “personality” and showed viewers everything a corporation was doing wrong in harming a real