Sainsbury's Stakeholder Analysis: Business Operations Report

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Added on  2022/12/29

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This report provides an analysis of the stakeholders involved in Sainsbury's business operations. It begins with an introduction and a background of the business, followed by a review of stakeholder analysis. The report then delves into the relationships and influence of internal stakeholders (customers, employees, shareholders) and external stakeholders (suppliers, local community, national government and regulatory bodies) on Sainsbury's. The report also discusses a professional approach to stakeholder management in business, concluding with recommendations and a list of references. The analysis highlights the importance of stakeholder management for business growth and success, emphasizing the role of communication and relationship building in ensuring effective business operations.
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Analyse the relationship and
influence internal and external
stakeholder have on business
practice
-Sainsbury
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Table of content
Introduction
Background of the business organisation
Review of stakeholders analysis
An analysis of the relationship and influence of internal and external
stakeholders to the business selected
Business professional approach
Conclusion and recommendation
References
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Introduction
Stakeholders are the one who are an individual, group or organization who
work together to make an impact which are comes through the project of an
organisation. There are two type of stakeholders including internal and
external stakeholders.
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Background of the business organisation
Sainsbury is the second largest organisation which operate the various
supermarkets in the market of United Kingdom. Now there are approx. 440
sainsbury's shop which serve more than 23000 products
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Review of stakeholders analysis
Stakeholder analysis is the deep process where a company are trying to
identifying those people who are interested in that project before starting that
project. Among all of these the analysing stakeholders will reveal about the
stakeholders as who they are what are there expectations, and what are the
issues which are faced by them.
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An analysis of the relationship and influence of
internal and external stakeholders to the business
selected
Sainsbury make a strong relationship with their stakeholders as they are very
important part of the business. Sainsbury use the communication process to
make a relationship with them. As they regularly updated their websites and
online platform which help them to communicate the information which are
necessary for their stakeholders.
Customers
Employees
shareholders
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Cont...
Suppliers
Local community
National government and regulatory bodies.
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Business professional approach
Every business need to make the professional approach which are helpful to
speed up the growth just like the plants. In the stakeholders analysis,
business professional approach is very important to make the plan for the
growth of the business.
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Conclusion and recommendation
From the above assignment it is concluded that the stakeholders are the one
who play an important role in managing the business operations. The real
stakeholders are the one who are responsible for making the growth of the
company.
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References
Angeleanu, A., Keppler, T. and Eidenmüller, T., 2016. Effective
stakeholder management in international supply chain projects.
Bettinazzi, E.L. and Zollo, M., 2017. Stakeholder orientation and
acquisition performance. Strategic Management Journal. 38(12).
pp.2465-2485.
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