Stakeholder Relationship Management and Its Influence on Management Decision Making

Stakeholder relationship management
and its influence on Management
Decision making

Introduction
 Stakeholder management is regarded as
important element which needs to be
focused by the company owners.
 The internal stakeholders helps an
organization in taking appropriate
management decision and improve
financial effectiveness.
 External stakeholder is an essential
factor of any organization as the
external stakeholders make investment
for company’s rapid growth.

Discussion of stakeholder relationship management and
its influence on management decision
 Stakeholder Relationship Management
is being regarded as one of the essential
factors of any organization as it helps
in recognising possible issues and
taking initiatives to mitigate those
issues (Antolín-López, Delgado-
Ceballos and Montiel, 2016).
 The Chief Executive Officer of an
organisation focuses on improving the
stakeholder relationship management.