Stakeholder Analysis of Adani Coal Mine Project: A Detailed Report

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This report provides a comprehensive analysis of the Adani Coal Mine Project, focusing on stakeholder engagement and research methodologies. It begins with an introduction to stakeholder management and its importance, using the Carmichael mine project by Adani Australia as a case study. The report details the organization's structure and the activities of its stakeholders, including federal governance, state government, and local entities. It justifies the use of qualitative research techniques and secondary data, highlighting the advantages and limitations of this approach. Key findings from secondary data sources are presented, along with recommendations for the project's future. The report concludes by emphasizing the significance of stakeholder analysis in project management and the role of secondary data in informing strategic decisions. Desklib offers more solved assignments and past papers for students.
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Project Report
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Table of Contents
Project Report..................................................................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
A clear description of the organization and its stakeholders activities........................................3
Justification over the usage of relevant research methodology and secondary data according to
the topic........................................................................................................................................4
Secondary data and findings........................................................................................................6
Recommendations........................................................................................................................8
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1
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EXECUTIVE SUMMERY
This report will describe the concept of The Adani Coal mine project which was launched by
Adani Australia. It is described by adopting certain aspects or methods with the help of
appropriate theories and practices which are highly beneficial in order to complete the given
project or assignment in highly considerable manner.
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INTRODUCTION
Stakeholder management or analysis is the procedure by which an organization is able to
manage, supervise and amend their relationships with the stakeholders. It includes systematic
identification of stakeholders by evaluating the requirements and expectations along with
appropriate planning as well as implementing various assignments in order to engage with their
stakeholders in highly effective manner (Delgado Zapero, 2020). Stakeholders are of certain
types which include users, suppliers, influencers and governance people. Hence, their
management in appropriate ways are extremely beneficial for any organization.
This report will illustrate the concept by choosing The Carmichael mine project which
was launched by Adani Australia, originating in India as a subsidiary of Adani Groups as the
firm through which certain aspects such as theories and practices will be discussed. Apart from
this, the study will also highlight relevant research methodology, data analysis and final
recommendations along with conclusion regarding the project topic.
MAIN BODY
A clear description of the organization and its stakeholders activities.
The term stakeholders defines as a team who puts their endeavour and hard work to furnish the
work structure in the effective way. The management has a responsibility of maintaining the
level and reputation of the work process by delivering the goods and items to the consumer with
a better approach, qualities products and excellent promoting skills. This management can also
include the communication and relationships skills as they are the main factors from which
stakeholders can contribute in the organization success. In the context of a company Adani
Carmichael, here describing a brief introduction on the company and its stakeholders abilities.
An organization named Adani Carmichael which is the coal mine company situated in Australia
which owned by Adani group. In 2010, this huge project called Carmichael coal was proposed
and expected to the 60 years of production of 2.4 billion tones of thermal coal. It is already
known that stakeholders play a huge role in any organization and in the Adani company also they
had a huge impact on the company. Adani made or organized an information session with
different communication resources for the stakeholders. The two stages has been categorized
including project discussion another for technical findings. Stakeholder in the Carmichael mini
project includes four firms federal governance, state government, local and other. The company
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organized the brief meetings to the individual group and provided number of communication
tools to make progress. They focus on the stakeholders activities if they have any discussion,
introduction and feedbacks, they utilize all the objectives in an appropriate objective. The
organization also maintained a secure stakeholder management or database as a part of
consultation procedures. In 2010, this data base has been construed as a part of EIS and its
operations.
Justification over the usage of relevant research methodology and secondary data according to
the topic
With the use of effective practices in context of research methodology within this project,
the scholar is able to analyse the situations that arises among The Carmichael mine project in
highly successful manner. In this project the stakeholder management comprised with qualitative
techniques in order to examine their participants. Arising from the organizational and activity
sciences and social science, a stakeholder investigation is stringent investigation method which is
used to determine and evaluate the significance key group of peoples or establishments that
might have significant influence over the success of research project (Karolemeas and et.al.,
2021). As an emergent research methodology, stakeholders management examines participants
positions and their influence in a group they belong, as well as the possibility of other groups
influencing them. It helps in order to identify or determine peculiar groups or individuals
involvement in the outcomes of a given inquiry. Furthermore, the stakeholders' matrix have been
utilized as a instrument for attracting varied groups to build relationship with each other.
The procedure of data publication in the stakeholders' methodological analysis is
undertaken in various steps such as the primary step is to develop the exploration issue or
problems which is followed by designation of potential people, organizations and groups with
unconditional interests in the research outcome. The next step is to gain clear understanding
about the roles and responsibilities and contribute into different stakeholders along with The
Carmichael mine project institutional affiliation. This phase is specifically necessary to make
sure the balance representation of the stakeholders. It is also intended to clearly distinguish
between those who would be directly affected by the project outcomes from those who are likely
to influence the results of the research. In order to complete this project, the verifiable secondary
data was utilized as it is readily available to the author and considered as less costly than
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quantitative approach. It is basically collection of data into non-numerical format with the help
of observations, interviews and previous studies (Li, Quan and Wang, 2020). In order to
complete this research, inductive research method is applied because it allows flexibility to the
scholar in order to assist the generations of new and advanced theories. Apart from this, in order
to evaluate the study in highly efficient manner, interpretivism research philosophy method has
been used into this project because the final outcome occurs at the end of the study does not rely
on over numerical data which helps the researcher to prove research challenges regarding the
evaluation of stakeholders analysis of The Carmichael mine project.
In context of research design, descriptive research designing method has been adopted to
give proper and detailed knowledge about the topic along with the cause and effects of
continuing with this specific project (Suhaib, 2019). For further studies, which are related to the
stakeholders' analysis of The Carmichael mine project, the data will be collected through the
medium of secondary data collection method by utilizing viewpoints of different authors and
scholars. In order to analyse qualitative data effectively, thematic perception test technique has
been used. The secondary data analysis or collection helps to make or evaluate certain gaps along
with deficiencies adding on with the further information that are required to be collected.
Although there are certain limitations also have been incurred within the project of stakeholders
analysis as the previous studies sometimes made difficult to obtain information highly specific
according to the necessity and requirements of the researcher (Cramer and et.al., 2020). This
helps in order to gain exploratory insights among the stakeholders' management study of The
Carmichael mine project. However, the scholar win holds information such as the sponsor or the
specific purpose of the study, then it is considered to be unethical. The limitations also include
that the collected data or content might not suitable for the exact purpose of the study or project
that has been discussed within the task. Hence, the scholar needs to be highly cautious at the time
of directly taking the data of research of someone another's study for the representation of own
assignment (Petljak and et.al., 2018). Apart from this, it has also been identified that some
secondary data also utilize unpublished literature and may not necessarily always be verified in
nature. Certain another problem that has been identified as a term of limitation is that it could be
bias and may have crept in order to obtain the data from unspecified source which can never be
identified by the researcher but greatly affects the study. For such kind of specified reasons,
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sometimes the scholars are tried their level best to take help and collects the data on their own
rather than taking it from previous researches (Zedan and Miller, 2017).
Secondary data and findings.
Stakeholders are the group of people who support the entire organization process from
production to the delivering items to an individual person. Sainsbury also has different
stakeholders which includes society, suppliers, consumer, producer, community and employee.
All are the major part in running the entire organization(Barić, 2017). In general, the
organization also should contain and analyse the information from the secondary data sources
which will help them to grow in the better manner. The term secondary data refers as a collection
of the data or information which has been already collected through sources other than primary
users. In the above report, it has mentioned the methods of the secondary data which includes the
public records, business documents, technical and trade journals and many more resources. In
other term, the data collection is the gathering of the information from which an organization or
an individual can research the problem and obstacles.
Along with this, qualitative data can be observed and recorded. It is a non-numerical data
in the surroundings and it contains different methods and observations to acknowledge. This
qualitative data can also be utilized in the mathematical formation or statistical analysis.
Nowadays there are both advantages and disadvantages of the secondary data in the organization.
Looking at benefits then, the data can provide ease in researching as in modern era the internet
makes the searching and finding very easy which can be useful for the stakeholder of the
company(Bravi., 2021). It can be benefited by these sources as it is a time saving objects and
activity, and they can obtain the fine advantage in the work process. Moving to disadvantages
then, stakeholders cannot control over the quality of the materials and decision-making process
as it is known that the information has been pre-planned. In the context of Adani company, they
generally using the relevant secondary data for their business activity. Apart from this, it also
involves the commercial and marketing consultants to improve their business. Secondary
findings are the important factor to drive a company at successful position. Stakeholders are the
one who should focus in the secondary or qualitative data as they cannot have research for the
strategies and models to implement in the organization.
As there are many relevant theories and concepts which are related to the secondary data
that provide the foundation to the report. It gives the initiating point so that further process can
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continue. For the organisation, the finding are the important because they it gives them proper
approach so that they increase their customer experience with their. It helps the organisation to
improve the knowledge in the market field and also to understand the market positions so that
Adani Company can proceed to develop and design its projects through involving stakeholders
(Dirani, and et.al., 2020). As in secondary data, the information is gathered from various data
sources such as books and journals. Therefore, in this some data are costed by through research
and some are available as free in newspaper through the information which are present on the
website are also taken as they can help making approach for the report. Thus, the secondary
information can be useful for an organization if they utilize it in the proper manner. For the
Adani mine project, data collection was the prime challenge. Choosing the secondary data to
gather number of information is important to make an appropriate decision. Therefore, this
research has come across to the news article which is about adani group 's project i.e. “Adani
Coal Mine Project”. This project of coal reserves in the Galilee Basin which enables the Adani to
imply the coal procedures in the Carmichael project (Johnston and Lane, 2018). Nowadays, the
internet resource is the best platform to research and get the enough knowledge of the particular
substances. Online news and newspaper differs from each other and operates an unequal
understanding about the data and information. These objectives are so much important to
research and understand the measure effectiveness and detailed of the Adani mine company and
keeps detailing each and small subject matter to an individual.
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Recommendations
Stakeholder Orientation : In any organization it is already known that running any department
requires the people which can manage the different departments. An activity of orienting the
stakeholders should be organized in every department to increase the growth and development of
the company(Lundgren, 2021). Adani should provide the roles and responsibility to the
individual in the detailed manner so that they can understand the seriousness and work process of
the company. Including them in developing plans can provide a management a better ideologies
or result at the end. A company can arrange the webinar where projects and information can be
discussed with the planning and resulting.
Recruitment : In a process of recruitment which defines as hiring of an employee for an
organization or an industry. It has been recommended that Adani company should follow the
methods from which they can hire a people with the suitable job roles. Offering the people
affordable salaries and other measures will affect the growth of company as when an employee is
satisfied then only they can put efforts which will drive a company at a successful
position(Hanff, and et.al., 2021). Employee is the part of stakeholder which will decide the
organization development.
Methods of engagement : This method will help to understand and making the connection with
both sides of the management. The method of engagement can be understood as stakeholders are
of different types and important in its individual way but keeping them interacted and respecting
them equally can create an engagement from which they will feel a valued part of Adani
organization. In research also it has been demonstrated that when stakeholders are engaged with
each other they provide a unique and brighter growth of the organization which leads the
company at stable level.
Analysis : It has been recommended to Adani company that they should focus on the analysis of
the stakeholders so that they can give their best in receiving the outcome. The analysis of the
performance can include all the departments such as production, market positions, management,
consumers and even employee as well (Hanafiah, and Zulkifly, 2019). Powerful stakeholder
management can provide an excellent profit in the future existence of the mentioned
organization. Applying this theory can lead to maintain the profitability and improvement in the
stakeholder performance and activities and maximize the success.
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Conclusion
From the complete and detailed project evaluation, it has been concluded that in order to
provide the detailed evaluation about the research i.e. explore the best ways to systematically
defines the best way and categorize the efficient stakeholder management that are involved in the
Adani Carmichael mine project in order to address their issues in effective manner. In order to
complete the project, researcher has taken the secondary data for preparing the whole report. The
stakeholders are appropriately divided according to the requirements and the role of their job in
which they are highly talented. Apart from this, it had also been identified that without proper
division of stakeholders, the project was unable to fulfil the requirements of the research. All
stakeholders interests are valuable within the report as if they are ignored or poorly managed
within the project, then stakeholders activists can disrupt shareholders meetings, might launch
boycott meetings, stops working and similar kind of activities that provide losses to the whole
project.
The project completion requires certain steps according to which the stakeholders are
managed by the project manager by applying specific models which are consisted of stages such
as stakeholders identification which is the primary and basic step to make appropriate selection
of the candidate. Another is the identifying the basic nature of stakeholders claim according to
which it has been evaluated that the expectations of stakeholders must never be dismissed or
underestimated. Third refers to the determination of performance gap according to which the
proper assessment of the stakeholders expectations are highly considerable. Next is prioritizing
stakeholders demand as per the claims to possess power as well as certain claims. Fifth is related
to the development of establishment responses which involves the complete management of The
Adani Carmichael mine project. And the last step shows monitoring and controlling as it is the
most significant task done by the managers in order to appropriately finish the whole assignment.
With the involvement of all such activities, the project had been completed in highly
considerable manner. Apart from this, it had also been concluded that the secondary mode of
data collection method is greatly influences the project manager to complete their tasks as the
previous studies also helps the researcher to analyse the report in highly appreciable ways. The
project approvals were passed by the state and federal governments as well as their websites
provides detailed information for cross-checking the data along with timelines that are proposed
by other stakeholders to minimize the possibility of biased informations.
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CONCLUSION
This report is concluding the concept of stakeholders of an Adani company. The stakeholders
play an important and vital role in the organization success. It includes all the functions and
activities which can be useful for any department to increase their productivity and management
approaches. In general, it has been analysed that implementing the stakeholder concept will help
the Adani company to grow and develop in the global surroundings. Method of collection
included the qualitative secondary data to which it is converted into a simple pattern to identify
and gather the information and data respectively. This report has covered the recommendations
and secondary data findings, which has been described as how data has can be used in order to
enhance the productivity of the organisation.
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REFERENCES
Books and journals
Delgado Zapero, Á., 2020. Stakeholders management in a university: Analysis of their
importance with AHP.
Ghinoi, S., Silvestri, F. and Steiner, B., 2019. The role of local stakeholders in disseminating
knowledge for supporting the circular economy: a network analysis
approach. Ecological Economics, 169.
Zedan, S. and Miller, W., 2017. Using social network analysis to identify stakeholders’ influence
on energy efficiency of housing. International Journal of Engineering Business
Management.9.p.1847979017712629.
Kvam, D.S., Considine, J.R. and Palmeri, T., 2018. Defining diversity: An analysis of student
stakeholders’ perceptions of a diversity-focused learning outcome. Communication
Education. 67(3).pp.287-307.
Karolemeas, C., and et.al., 2021. Determining Electric Vehicle Charging Station Location
Suitability: A Qualitative Study of Greek Stakeholders Employing Thematic Analysis
and Analytical Hierarchy Process. Sustainability.13(4).p.2298.
Li, Q., Quan, H. and Wang, L.E., 2020. Beneficiaries of free admission to scenic areas: A cost-
benefit analysis of scenic areas for public welfare from the perspective of
stakeholders. Tourism Management Perspective. 35. p.100696.
Cramer, M.E., and et.al., 2020. Social Network Analysis of an Agricultural Center: Stakeholders
and the Transfer of Information. Journal of Agromedicine. pp.1-12.
Suhaib, M., 2019. Conflicts identification among stakeholders in goal oriented requirements
engineering process. International Journal of Innovative Technology and Exploring
Engineering (IJITEE).pp.2278-3075.
Petljak, K., and et.al., 2018. Green supply chain management in food retailing: survey-based
evidence in Croatia. Supply Chain Management: An International Journal.
Șerban, R.A., 2017. The impact of big data, sustainability, and digitalization on company
performance. Studies in Business and Economics.12(3).pp.181-189.
Barić, A., 2017. Corporate social responsibility and stakeholders: Review of the last decade
(2006-2015). Business Systems Research: International journal of the Society for
Advancing Innovation and Research in Economy.8(1).pp.133-146.
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