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Stakeholder Strategy Development and Implementation

   

Added on  2023-01-03

32 Pages1667 Words44 Views
Stakeholder Strategy Development and Implementation
Facebook
[Student Name] – [Student Number]

Introduction
The analysis is based on the power and
impact that the stakeholders have on a
company
Facebook is the focus company in this
presentation
It is the most popular social media site
Facebook became popular from 2004 after
Mark Zuckerberg commenced the start

Stakeholder Analysis (summary)
Faceboo
k
Governm
ent
Custome
rs
Employe
es
Develop
ers
Investors
Suppliers
Commun
ities

Stakeholder Analysis (summary)

Government: The Government helps in maintaining the legality
of the business

Customer: The customers are the users of Facebook that provide
feedback

Employees: The employees are the workers that promote regular
updates

Developers: The developers are the technically expert people
that helps in developing software and programmes

Investors: The investors are the shareholders that provide
financial assistance

Suppliers: The suppliers sell goods and services such as
technology software

Communities: The communities are the society and helps for
increasing the level of employability

Swing Stakeholder: strategic
options
The swing stakeholders can be characterised
by collaborating in a cautious manner
The customers are the swing stakeholders of
Facebook
They maintain a transaction that involves
providing feedback to the company
They even influence power over the company

Swing Stakeholder:
recommendations
The recommendations to be provided is that
the feedback of the swing stakeholders need
to be implemented
Positive engagement need to be maintained
between the customers and Facebook
The use of Facebook need to be done using
friendly sites

Defensive Stakeholder: strategic options
The strategic options include the reduction of
the dependence of the stakeholders
For Facebook, the defensive stakeholder
includes the Government
Compiling with the requirements of the
Government need to be undertaken for
effective strategic option
Re-enforcement of the beliefs need to be
taken into account from the Government

Defensive Stakeholder: recommendations
The recommendations is that reduction of the
dependence on other stakeholders can be
reduced
The Government can ensure to undertake
preventive measures for the legal process
Another recommendation is that of providing
Facebook with the required rules and policies
for development

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