Stakeholder Analysis and Strategic Planning for Amazon Business

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Added on  2022/11/25

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This presentation provides a comprehensive analysis of Amazon's stakeholders, including employees, managers, suppliers, and government entities. It examines the importance of stakeholders in organizational success, particularly focusing on their interests and the impact they have on the company's strategic planning and operational activities. The presentation also discusses strategic planning insights, smooth working processes, efficient management techniques, and legal procedures relevant to Amazon's business. Stakeholder engagement, power-interest grids, and the significance of maintaining good relationships with various stakeholders are also highlighted. The analysis covers the role of stakeholders in ensuring brand loyalty and optimizing service quality. Desklib offers similar resources, including past papers and solved assignments for students.
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Stakeholders are more important in such organisations. A company stakeholder is described as a
person linked internally or outside to a company. Any employer, employees, investors and many
of these interrelated people in the organisational hierarchies can do so. Amazon being a retail
institution predominantly functioning in the US region, as analysed above, is respectively firm.
In addition, this relevant company also provides many consumers related and other connected
services such as groceries and many more. The company has a solid presence on the international
markets and its numerous operational operations are designed to give its important clients
optimum service quality, and also to maintain good working relations with employees.
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As per the analysis Amazon is recognized as one of most valued brand across the globe and also
have a decent brand value in its domestic areas of operations. In current times company offers
quick delivery of products and services to its prime customers. In passing time company with its
innovative approaches and by use of approapriate technologies has a decent opportunity to
develop good potential of being a successful business firm.
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Effective involvement of stakeholders means that the project expert must focus on and address
diverse viewpoints to obtain the desired results (Whittington and et. al., 2017). Interlocutors that
support the project may be utilised to influence stakeholders that fail to do so. Stakeholders'
involvement and impact must be coordinated across programmes and portfolios throughout
projects. Only one project may be involved with a given stakeholder within a programme, but the
stakeholder's effect on the project may have programme repercussions. Managers at given
organisation i.e. Amazon, takes care of its stakeholders to ensure better goodwill of the company
in its operational region and to ensure effective brand loyalty.
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In “High Power, High Interest” quadrant, various executives and managers present at operational
working of the firm are being included. This defines individual stakeholders with high authority
which also shows high interest in subject matter of given firm.
In “Low Power, Low Interest” quadrant, respective firm have operations admin and helpdesk as
its stakeholders with how authority who also posses less interests in operational working of the
workforce.
In “Low Power, High Interest” column various stakeholders of company such as Trainers,
suppliers and developers are being given place. This suggests their high interest towards
operational working of the firm but are given less or no power.
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Employees: The company's stakeholders are at most cared for. Some of their major areas of
interest include personal goals fulfilment, job in acceptable working circumstances and much
more (Verčič, 2021).
Managers: They are the person responsible for the management and operation of numerous
businesses in the organisational company. Interest areas of the company's managers include
maximum diving production through optimal use of resources and the management of the
company's daily operational activities.
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Suppliers: These sorts of stakeholders are those who supply raw materials to support the activity
of the firm. For a business, it becomes essential, because production quality depends on the
quality of the raw materials that are provided to the company by suppliers, to maintain efficient
connections with suppliers. The stakeholders' interest is restricted to prompt payments,
communication, and transportation of raw materials.
Government: This group of the company's stakeholders comprises a number of government
institutions that affect the business' operations. In some instances, all firms or companies must
pay their taxes to governments in that region by qualifying in a given region. The interest of such
corporate stakeholders is limited by legal action and influencing the operational activities of the
workforce in all the commercial operations taking place in the Region.
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Insights of strategic planning: The more people think about it, the better. Under strategic
planning process Amazon engages with its internal stakeholders such as staffs, ,managers and
sometimes investors of given company (Das and et. al., 2021).
Smooth working: Under this element company engages with their respective stakeholders which
included employees and other floor staff to ensure smooth running up of operational working in
the business firm. This enables given company to ensure efficiency of work being produced and
also develops better potential of firm in maintaining better employment relationships.
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Efficient management techniques: the commercial enterprise is suggested to function efficiently.
This allows the company's management to function better and to maintain better ties with
employers and other employees in the company.
Legal procedure: According to this advice, the legal system and rules used in the particular
operating market must be followed. This would allow managers and managers to safeguard the
legal rights of the company in which it operates.
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