Business Environment: Stakeholders and their Roles in Auburn Hospital

Business Environment
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Executive Summary
The report has shed light on the emergence of business environment, which can be analysed
with the help of healthcare sector, situated in Australia. Auburn Hospital, located in New
South Wales in Australia offers 24 hours emergency service. Due to the advanced features
offered in medical care, the number of stakeholders and shareholders in this organization are
increasing day by day. The stakeholder framework combines the various influential parts
along with the stakeholder matrix to present the integrity and authenticity of the compiled
report. The report has come up with the projection that is based on the nature and degree of
main stakeholder’s interest and implication of conflicting interests, which highlights the
importance of the business environment.
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Index
Introduction................................................................................................................................4
Main Body..................................................................................................................................4
Identification of functional areas...........................................................................................4
Identification of internal and external stakeholders and their roles.......................................6
Nature and degree of main stakeholder’s interest and implication of conflicting interests...7
Influence of main stakeholder’s level....................................................................................8
Stakeholder matrix.................................................................................................................9
Discussion based on main points.........................................................................................11
Conclusion................................................................................................................................12
References................................................................................................................................13
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Introduction
Stakeholders are important for any industry as the success of the organization depends on the
performance of the stakeholders. The study draw attention towards the importance of
stakeholders in the Auburn Hospital of Australia and the various functions of the stakeholders
are explained thereafter (Robinson et al., 2015). Mostly, internal and external stakeholders
influence the organizational performance and they hold many interests within the particular
organization. Additionally, many conflicts arise among the stakeholders due to alliances of
several healthcare units. Moreover, stakeholder’s level and its influence on the organization
are also discussed in this study. Finally, with the help of stakeholder matrix, the significances
and impact intensity is outlined in the later part of the study.
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