Stakeholder Analysis of Sainsbury's and Company Performance Review

Verified

Added on  2020/02/05

|6
|804
|45
Report
AI Summary
This report provides a stakeholder analysis of Sainsbury's, a major UK supermarket chain. It begins with an introduction to stakeholders, including employees, creditors, debtors, and customers, and their impact on organizational performance. A stakeholder map is presented, outlining the roles and influence of key stakeholders. The report then critically evaluates Sainsbury's performance over the last five years, considering factors like employee turnover and customer satisfaction. The analysis highlights the importance of stakeholder relationships for financial health and operational efficiency. The conclusion summarizes the significance of stakeholder management for business growth and emphasizes the need to address stakeholder concerns to foster positive relationships and ensure smooth business operations. References to academic sources support the analysis.
Document Page
Stakeholder Summary
1
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................3
STAKEHOLDER MAP...................................................................................................................3
CRITICAL EVALUATION ON COMPANY'S PERFORMANCE...............................................3
CONCLUSION................................................................................................................................4
REFERENCE ..................................................................................................................................5
2
Document Page
INTRODUCTION
Stakeholder are those collaborative that affects organization's performance. It includes
employees, creditor, debtors, customers and so on. The performance of all these stakeholders'
impact on organizational structure. The present report is based on understanding stakeholder
summary for Sainsbury. It is large supermarket chain of UK that provides groceries and food
products to million consumers. However, Stakeholder mapping to present their role model in
company's performance is to described. Including this, critical evaluation on stakeholder needs
over last 5 years is to understood through this assignment.
STAKEHOLDER MAP
There are several number of stakeholders as collaborative, their roles, performance and
power can be expressed as below:-
Employees:- These are considered as those collaborative who perform their job role and
also contributes in company's business operations (Bridoux and Stoelhorst, 2014). However,
increasing in their working efficiencies impacts on organization's effectiveness.
Creditors:- Organization grants loan from creditors therefore transacting fund is
determined through creditors' performance. In this regard, relationship between owner and
creditors get impacted through this system (Fernandez-Feijoo, Romero and Ruiz, 2014).
Customers:- These are known as king of any business entity by which all production and
product qualities is created on the basis of their requirements. In this process, business operations
are done through recognizing market demand as well consumer interest towards goods and
services produced by organization.
CRITICAL EVALUATION ON COMPANY'S PERFORMANCE
In day to day management of company's responsibility is of boards of directors,
shareholder hold a significant indirect influence in company by exercising rights and powers that
shareholders holds (Jaffar and et.al., 2016). They are: Passing resolution at shareholders meeting,
Voting rights to elect Board of directors, Request the company in writing to provide information
held by company(with a right to appeal to court if company refuse, Requiring the company to
provide shareholder with statement that he or she holds, privilege, conditions and limitation that
3
Document Page
attached with those share, Shareholders may review the management of company. Shareholder
meeting participation etc.
As per analyzing Sainbury's last 5 years' performance, it is evaluated that its business
operations are quite effective. In this regard, by recognizing all collaborative performance,
employees' contribute their job role effectively through working in group. However, customers
are satisfied with goods and services produced by organization and also high level of demand for
groceries and food items is created. Including this, relationship with debtors and creditors is also
good that affects on financial position of entity (Mari, 2014). However, as per critical evaluation,
it is determined that there is high turn over ratio of employees that is interest towards job
performance is going down. It affects company's effectiveness and efficiencies. Therefore, it is
required for organization to prepare strategies as well implementing CSR activities for better
quality services and carrying on entity efficiently.
CONCLUSION
On the basis of above discussion it is concluded that stakeholders are the growth drivers
of the business firm and they play an important role in elevating growth of the business firm.
This is because varied operations of the business firm are performed with the help of these
stakeholders. Without their cooperation it is not possible to run organization smoothly. Hence, it
is very important to address concerns of the stakeholders time to time. By doing good relations
can be managed with the stakeholders and organization growth can be accelerated.
4
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
REFERENCE
Books and Journals
Bridoux, F. and Stoelhorst, J.W., 2014. Microfoundations for stakeholder theory: Managing
stakeholders with heterogeneous motives. Strategic Management Journal. 566(1).
pp.107-125.
Fernandez-Feijoo, B., Romero, S. and Ruiz, S., 2014. Effect of stakeholders’ pressure on
transparency of sustainability reports within the GRI framework. Journal of Business
Ethics. 564(1). pp.53-63.
Jaffar, R. and et.al., 2016. The role of monitoring mechanisms towards company’s performance:
Evidence from politically connected companies in Malaysia. Journal of Accounting in
Emerging Economies. 6(4). pp.408-428.
Maria Morariu, C., 2014. Intellectual capital performance in the case of Romanian public
companies. Journal of Intellectual Capital. 56(3). pp.392-410.
5
Document Page
6
chevron_up_icon
1 out of 6
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]