MGT501: Business Environment Stakeholder Analysis - Report

This report, prepared for the MGT501 Business Environment course, provides a comprehensive analysis of internal and external stakeholders. It delves into the significance of stakeholder analysis as a technique for identifying and assessing the roles of stakeholders within a business context. The report examines the influence and interests of various stakeholder groups, including owners, board members, managers, employees, investors, customers, suppliers, competitors, society, and the government. It emphasizes the importance of understanding both internal and external perspectives to enhance communication, mitigate risks, identify opportunities, improve internal commitment, and maintain a positive business reputation. The report aims to synthesize the fundamentals of business in the contemporary environment and construct a professional value proposition as a business practitioner, as outlined in the subject learning outcomes.

Alt, E., Díez-de-Castro, E. P., & Lloréns-Montes, F. J. (2015). Linking employee stakeholders to
environmental performance: The role of proactive environmental strategies and shared
vision. Journal of Business Ethics, 128(1), 167-181. Retrieved from
https://idus.us.es/xmlui/bitstream/handle/11441/40478/linking%20employee%20stakeholders
%20to%20environmental%20performance.pdf?sequence=1
Bocken, N. M., Short, S. W., Rana, P., & Evans, S. (2014). A literature and practice review to
develop sustainable business model archetypes. Journal of cleaner production, 65, 42-56.
https://doi.org/10.1016/j.jclepro.2013.11.039
Harangozó, G., & Zilahy, G. (2015). Cooperation between business and non-governmental
organizations to promote sustainable development. Journal of Cleaner Production, 89, 18-31.
http://dx.doi.org/10.1016/j.jclepro.2014.10.092
Hörisch, J., Freeman, R. E., & Schaltegger, S. (2014). Applying stakeholder theory in
sustainability management: Links, similarities, dissimilarities, and a conceptual
framework. Organization & Environment, 27(4), 328-346. DOI: 10.1177/1086026614535786
Korschun, D. (2015). Boundary-spanning employees and relationships with external
stakeholders: A social identity approach. Academy of Management Review, 40(4), 611-629.
http://dx.doi.org/10.5465/amr.2012.0398

Kurucz, E. C., Colbert, B. A., Luedeke-Freund, F., Upward, A., & Willard, B. (2017). Relational
leadership for strategic sustainability: practices and capabilities to advance the design and
assessment of sustainable business models. Journal of Cleaner Production, 140, 189-204. DOI:
10.1016/j.jclepro.2016.03.087
Morioka, S. N., Evans, S., & de Carvalho, M. M. (2016). Sustainable business model innovation:
exploring evidences in sustainability reporting. Procedia CIRP, 40, 659-667. doi:
10.1016/j.procir.2016.01.151
Olmedo-Cifuentes, I., Martínez-León, I. M., & Davies, G. (2014). Managing internal
stakeholders’ views of corporate reputation. Service Business, 8(1), 83-111. Retrieved from
https://www.researchgate.net/profile/Isabel_Olmedo-Cifuentes/publication/
257704740_Managing_internal_stakeholders%27_views_of_corporate_reputation/links/
02e7e538aee8255ee9000000.pdf
Safrudin, N., Rosemann, M., Recker, J. C., & Genrich, M. (2014). A typology of business
transformations. The 360º Business Transformation Journal, 2014(10), 24-41. Retrieved from
https://eprints.qut.edu.au/73857/1/360_Journal___11th_edition_Typology.pdf
Sappideen, R. (2015). Corporate governance in search of the shareholder-manager balance of
power. Rich. J. Global L. & Bus., 14, 91. Retrieved from
https://scholarship.richmond.edu/cgi/viewcontent.cgi?article=1205&context=global
Shabbir, M. S., Shariff, M. N. M., & Shahzad, A. (2016). Mediating role of perceived behavioral
control and stakeholders’ support system on the relationship between entrepreneurial personal

skills and entrepreneurial intentions of it employees in Pakistan. International Business
Management, 10(9), 1745-1755. Retrieved from
https://www.researchgate.net/profile/Muhammad_Shabbir14/publication/
321610507_Mediating_Role_of_ATB/links/5a28fcb6a6fdcc8e8671d1a7/Mediating-Role-of-
ATB.pdf
Steyn, B., & Niemann, L. (2014). Strategic role of public relations in enterprise strategy,
governance and sustainability—A normative framework. Public Relations Review, 40(2), 171-
183. http://dx.doi.org/10.1016/j.pubrev.2013.09.001
Upward, A., & Jones, P. (2016). An ontology for strongly sustainable business models: Defining
an enterprise framework compatible with natural and social science. Organization &
Environment, 29(1), 97-123. Retrieved from
http://openresearch.ocadu.ca/id/eprint/381/1/Jones_AnOntologyforStronglySustainable_2015.pdf
Woolworthsgroup.com.au. (2019). Information - Woolworths Group. Retrieved from
https://www.woolworthsgroup.com.au/page/investors/shareholder-information
Woolworthsgroup.com.au. (2019). Woolworths Group: Quality Brands and Trusted Retailing.
Retrieved from https://www.woolworthsgroup.com.au/