Strategies for Stakeholder Management in Facebook

Slide 1

Slide 2
The stakeholder management is one of the most crucial parts of the organization and hence, all
the firms functioning in the business environment would be required to undertake considerable
initiatives to ensure that they are able to fulfill the needs of these stakeholders in a sound
manner. The presentation would focus on Facebook and its different stakeholder groups.
Strategies will be required to ensure that, these stakeholder groups can be managed effectively.

Slide 3
The different stakeholder groups which are present with respect to Facebook can be understood
to be the stakeholders like the Users, advertisers, shareholders, employees and the government
groups. Hence, the firm will focus on these different stakeholders which are present in the
organization and analyze and present strategies to deal with the same.

Slide 4
The main stakeholders which have been chosen for the purpose of analysis can be understood
to be the Facebook users, competitors, the Governmental organizations and the Employees. In
line with this, strategies will be formulated for each of these groups.

Slide 5
The swing stakeholders which have been chosen for Facebook can be taken to be the
Facebook users. The different strategic options which are largely available for the different
stakeholders can be understood to be as follows:
Improving interface
Allowing customized content
Improving privacy regulations
If the firm is able to undertake any of these strategies, then in such a case, it will be successfully
able to engage in a long term relationship with the users and engage in success.

Slide 6
After analyzing the various strategies which can be applied for the different users, it can be
understood that, the strategy which will be most appropriate for the different stakeholders can
be understood to be the improvement of the privacy regulations. By applying these strategies,
the firm will be able to engage in long term success with the different users and additionally be
able to see to it that, they engage in more interaction with the firm.

Slide 7
The defensive stakeholders who have been selected for the organization can be understood to
be various competitors. Hence, the various strategic options for these stakeholders can be
taken to be as follows:
To improve the interface
To provide the users with better content
To improve the privacy and safety regulations
These strategies will be applied in Facebook`s own interface so that it becomes better than that
of the different competitors.

Slide 8
After analyzing the different strategies as available for the competitors, the strategy which has
been heighted for this group can be understood to be the improvisation of the privacy and safety
regulations. Through this initiative, the firm will successfully be able to make a better offering to
the different users and hence, increase its own strength.