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Pages:
6 pages/β‰ˆ1650 words
Sources:
5 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 31.1
Topic:

Stakeholder Attitudes to Problems and Ideas for Potential Solutions

Research Paper Instructions:

Stakeholder Analysis
Assessment Description
The purpose of this assignment is to identify key stakeholders within your organization who are affected by, have influence over, or have an interest in solving the problem you are attempting to address with your action research project.
Stakeholder analysis requires you to examine a number of variables in relation to each individual or group you have identified. Use the "Stakeholder Brainstorming" resource provided as a tool to assist you in completing the "Stakeholder Analysis" Excel spreadsheet.
In the analysis, list titles and groups of stakeholders. Do not list names of specific individuals. It is important to note the role each stakeholder has in the problem and in solving the problem. Determine whether or not the individual or group has a negative, indifferent, positive, or very positive predisposition about the problem.
Within the "Stakeholder Analysis" spreadsheet, there is a tab labeled "Current-State Matrix." Study the terminology related to influence and support and think about how each block describes the feelings a stakeholder may have about the problem and proposed solution. For example, there may be a group or individual that has a high degree of support with regard to solving the problem. If you know such person or group also has a high level of influence in how the problem is solved, it is important to think about how you will approach this person or group in terms of seeking information and presenting potential solutions. Taking time to rank the level of influence and support for each stakeholder is critical as you proceed, because it may have a large role in determining whether or not specific problem solutions can be implemented.
Take the time necessary to conduct research that will help you determine possible stakeholder reactions and issues related to potential solutions. Think about the motivation, drivers, and expectations of exchange for each stakeholder, the problem, and the proposed solutions. Finally, consider the role of the stakeholder, including when the stakeholder needs to be involved in the change effort, any stakeholder management activities, and stakeholder deliverables and timelines. If a stakeholder will ultimately end up having a designated role in implementing the solution, the ability to articulate the role, scope, and timeframe will be of utmost importance.
Complete the "Stakeholder Analysis" spreadsheet and submit it to the instructor along with a 500-word summary of your findings. In the summary, discuss the following:
Summarize stakeholder attitudes about the identified problem and support your summary with specific data from your collection tool.
Summarize stakeholder attitudes or experiences related to previously implemented problem solutions and support your summary with specific data from your collection tool.
Summarize stakeholder ideas for potential solutions and support your summary with specific data from your collection tool.
Who are the stakeholders you will seek to act as sponsors to support you in the implementation of a problem solution? Provide specific reasons why these stakeholders are key to implementing a solution.
Who are the stakeholders that will likely be directly affected by solving the problem? Provide specific ways these stakeholders could be directly affected by solving the problem.
Who are the stakeholders who could pose potential roadblocks to solving the problem? Provide specific reasons why these stakeholders could pose potential roadblocks and what those roadblocks could be.
This summary will be used as part of the Business Proposal Presentation in Topic 7, and within the Final Business Proposal in Topic 8. Evidence of revision from instructor feedback will be assessed on the final business proposal.
APA style is not required, but solid academic writing is expected.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.
Attachments
BUS-470-RS-Stakeholder_Analysis.xlsx
BUS-470-RS-Stakeholder Brainstorming.d

Research Paper Sample Content Preview:

Stakeholder Analysis/ Stakeholder Brainstorming
Student Name
Class Name
Professor Name
Date
Stakeholder Analysis/ Stakeholder Brainstorming
Problem Identification
The employee turnover rate increases in a retail organization, leading to the business's overall low-quality rating. People are not effectively engaged in the training and orientation, which leads to poor employee morale and reduced organizational productivity. The supervisors need to tackle individuals in the external and the internal environment. The company needs to implement an effective employee management system to evaluate its performance. Besides, it will enable the company to improve and strengthen organizational productivity. The performance management will be improved by training and developing employees and providing them with modern software for their career development.
Stakeholders Attitudes toward Identified Problem
The business will implement the management information system to improve employee training and morale; the stakeholders might resist the change. The executive leaders might be hesitant to partner with HR and make a difference in a good way. The frontline staff is receptive to the initiation to strengthen employee engagement and reduce employee turnover (Baernholdt et al., 2018). The program would not directly impact stakeholders like investors and customers; however, a satisfied employee would make customers happy and improve the revenue, which would impact customers and investors indirectly.
The management might not be excited to have performance reviews in the short run; however, it will boost employees' morale and let employees know how they perform. All stakeholders would benefit from the training and development on implementing management information systems (MIS). The executive leaders might not like the idea in the long run; however, the turnover would be reduced. The business will offer rewards and recognition and compensation, and benefits to keep employees engaged and ensure they always work for the business (Osborne & Hammoud, 2017). The right employees' recruitment would...
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