Stakeholder Strategy Development and Implementation in PDF

S T A K E H O L D E R
S T R A T E G Y
D E V E L O P M E N T A N D
I M P L E M E N T A T I O N
B Y

INTRODUCTION
• This presentation provides a detailed analysis of the
stakeholders identified in previous report where
Woolworths was chosen as the organisation.
• Stakeholders are key part of any firm and business
operations significantly affect their interest within the
organisation.
• The main goal of the presentation is to highlight the
key stakeholders in Woolworths, categorise them in
suitable groups and provide appropriate
recommendations.
• Stakeholders are individuals or groups having interest

STAKEHOLDER
ANALYSIS (SUMMARY)• Woolworths is one of the major retail brand
and consists of multiple stakeholders in the
market.
• The key stakeholders of Woolworths include
employees, shareholders, government and
suppliers.
• The previous report has evaluated all the
internal and external stakeholders of the
company to identify the above stakeholders.
• The key stakeholders are as follows:
Government
EmployeesShareholders
Suppliers

STAKEHOLDER
ANALYSIS (SUMMARY)• The analysis of the
stakeholders have
identified the
stakeholders having the
highest priority within
Woolworths. However, it
is essential to classify
these stakeholders into
different groups to
understand their position
in respect to Woolworths.
SWING
Government
DEFENSIVE
Shareholders
OFFENSIVE
Employees
HOLD
Consumers

SWING STAKEHOLDER:
STRATEGIC OPTIONS
• The government has been identified
as Swing stakeholders in the
stakeholder analysis.
• In order to ensure that Woolworth is
able to meet the needs of the
Government, following measures
have to be taken:
• To be up to date with the
government rules and
regulations
• Comply with the
environmental laws
• Comply with the health and
labour laws
• Pay appropriate taxes for

SWING STAKEHOLDER:
RECOMMENDATIONS
• The review of the Swing stakeholders have identified the
following option can be used as recommendation:
• Keeping track of the change in government rules and
regulations at regular intervals
– Woolworths need to continuously evaluate their current
practices to understand their relevance to the current
government policies. In order to achieve, the organisation
need their legal team to guide the other departments in
developing effective practices having compliance to the
macro rules and regulations.