stakeholders and governance PDF

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stakeholders and governance mapping with examples ...

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GSM week 9 Recap; Strategic Position *external env. (mega trends) macro env (PESTLE etc) industry/sector (life cycle % other tools) should be able to see opp/threats should be able to see key drivers of/for change – relative to industry should be able to see what company’s competitive position –relative to competitors INTERNAL Resources and capabilities Value chain (primary secondary support activities) VRIO Value net Activity mapping s/w what is company capability position/emulation.relevant to competitor ie H&M good at logistics not good online Stakeholders and Governance Vision mission values objectives Don’t necessary need to be seen is SWOT but don’t go overlooked Power attention Matrix Culture &History

From all this; Comprehensive swot Strategic implications Make connections between position and strengths. Use strengths and eliminate weaknesses. Key issues to address then take correct choices

Options 1. Business level strategy 2. Corporate level a. Acquisitions.. b. Changes in leadership 3. International strategy 4. Mergers acquisitions and alliances a. Who can they buy 5. Innovation and entrepreneurship

a. Create virtues cycle not vicious Look at list of options and tie it back to comprehensiveSWOT, strategic implications Action First stage is evaluation of options Go for two which score highest relating back to resources company has.S Diversity mega trend. Idea generation – good innovation Digitisation – mega trend Transforming value chains for organisations Product to market much quicker Resource scarcity – mega trend Will have to do more with less, will require creativity and strong leadership Resource dependency theory Ex. Rising price of cotton, buy cotton farms. Non dependant Zara supply a lot of own inputs Backward vertical integration Transaction cost economics (1975) ^should we buy or supply (greenwashing – goodwill) Chapter 5 Stakeholders and governance (Environment, society) stakeholder is someone who has somewhat of an investment into the business, they are effected by the decisions of the company stakeholders determine the governance and ethics stakeholders short term or long term. Both have difference governance and ethics vision mission values objectives 4 types of stakeholders see slides conflicts of shareholders short term profits come at expense of long term objectives

POWER ATTENTION MATRIX (see diagram) A land owners of retail shops B might be employees C socio economic actors D shareholders

Power ability of individuals or groups to persuade, induce or coerce others into following them. Who are blockers and facilitators How to work with blockers. Reposition them When profit focus is high and need for management is high; professional Public mission and making money...