Wednesday, February 8, 2012

Step 7 - Stakeholder's Analysis


Stakeholder’s Analysis

STAKEHOLDER

EXPECTATIONS

POWER

Customer

Price Commensurate with Quality

Switches loyalty to competitor

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Shareholder

Maximize earnings with appreciation in share price

Exercise voting right to remove the top management

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Employees

Higher compensation with job satisfaction

Low productivity

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Suppliers

Prompt payment

Stoppage or delay in delivery, or supply of defectives

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Distributors

Commission on sales

Discouragement of sales

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Financiers

Prompt payment of principle and interest

File bankruptcy application

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Government

Prompt payment of tax

Enforcement

To introduce at least one breakthrough product every two years that satisfies customers at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Society

Social protection

Powerful lobbying through NGOs and legislation

To introduce at least one breakthrough, environment-friendly product every two years that satisfies customers and meets the company’s social responsibilities at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

CEO

Overall growth and development of the company

Change the objective

To introduce at least one breakthrough, environment-friendly product every two years that satisfies customers and meets the company’s social responsibilities at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

Competitor

Failure in all fronts

Intensified, fierce competition

To introduce at least one breakthrough, environment-friendly product every two years that satisfies customers and meets the company’s social responsibilities at a cost not exceeding 65% as against the current 70% on sales, maintaining a growth in revenues of at least 15% per year before 2015

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