MBA501: Woolworths Stakeholder Strategy Development and Implementation

This report provides a detailed analysis of the stakeholder strategy development and implementation for Woolworths, a prominent company. The assignment begins with an introduction to stakeholder analysis, emphasizing the importance of customers, employees, and shareholders. It then delves into the specifics of swing, defensive, offensive, and hold stakeholders, outlining their strategic options and recommendations for effective management. Furthermore, the report explores strategy implementation for each stakeholder type, examining the approaches and mechanisms used to achieve strategic goals. The analysis extends to include a portfolio analysis of Millennium Health Sciences (MHS), encompassing the BCG, GE-McKinsey, and Synergy matrices, along with a business categorization of various product lines like Looks, Neutrino, Dermatech, and Energino. The report concludes with insights into MHS's business portfolio, providing recommendations for each business unit, and references to support the analysis.

Stakeholder Strategy Development and Implementation
Woolworths
[Student Name] – [Student Number]

Introduction
• Assignment 1 deals with the analysis report of the strategic stakeholder of a
particular renowned company.
• The stakeholders analysis will include the detailed explanation of that
particular company which has developed eventually as the view model of
the stakeholder.
• The assignment 1 has been made with an overall objective of delivery of the
company’s value with proper quality for the clients.
• The values refer to the essential values of Woolworth’s company that
includes various factors like the obsession of the customers , the inspiration
drawn from them and the collaboration strategies with proper quality (Lioris
et. Al 2018).

Stakeholder Analysis (summary)
• The analysis of the stakeholder includes the details of the major
stakeholders in analysing their motives and the different possibilities
of coalitions.
• In the context of Woolworth’s company, the customers are considered
as the major stakeholders that is the main motivational force for the
company to perform in the market (Climatti et.al 2016).
• Along with the customers, the employees of a accompany also play a
very important role being the company's assets.
• The shareholders too se considered asset of a company because of
their investment into a particular business.

Stakeholder Analysis (summary)
• The suppliers of a company are those persons who performs the
business operations as the most important stakeholders of the
company.
• In the context of the Woolworth’s company, the possible initiatives for
coalition can also lead to the attainment of the overall goals that
guide the functioning of a particular company.
• Finally, from the stakeholder's analysis it can be concluded that the
most important elements of any company are its shareholders.
• Both the internal and the external shareholders contribute to a great
extent to the overall performance of any particular company.

Swing Stakeholder: strategic options
• The strategic options for the swing stakeholder at those situations
when a particular firm needs to take important decisions such s
decision for changing or bringing in the proper kind of influence for
the different rules of business that will ultimately govern the reaction
of the company’ stakeholders.
• The group of stakeholders can either assist or can pose restrictions
on the organizational capabilities of a particular company.
• The swing stakeholders need to also involve the art of the
stakeholder’s engagement process along with the art of the
stakeholder’s mapping.

Swing Stakeholder:
recommendations
• The proactive management by a stakeholder has a paramount
influence on the management of the different organizational relations
including the member based organizations.
• The managers of a company should be able to determine the ideal
generic form of strategies which would be applicable for every
stakeholder in the group which will be influenced by the level of their
interest and power that exists within a firm.
• The swing stakeholder is an important aspect of any company as their
analysis will provide for the practical and theoretical implications of
an organizational performance.

Defensive Stakeholder: strategic
options
• The strategies adopted by the defensive stakeholders help then to
prevent the rising tendencies of the higher costs and the other
disincentives that applies for the working of an organization.
• The defensive stakeholders will always lead towards the lower rates of
interest , in providing a higher quality of customer service along with
the tailored products of the company.
• In the defensive strategies adopted by the stakeholders should adopt
the strategies in a non supportive manner.
• It presents a the relationship of a stakeholder with a high level of
threatening potential (Munters & Meyers 2018).

Defensive Stakeholder:
recommendations
• The defensive stakeholders should be adopted when a particular group act
in a non supportive manner.
• The defensive strategies will help in reducing the level of dependence that
will form the basis of the interest of the stakeholders present in an
organization.
• The defensive strategies would involve the proactive prevention of the
stakeholder from the risks of imposing the costs or the other disincentives of
a particular organization.
• The defensive strategies can be adopted by adopting the favourable systems
of price cuts and by reducing the inducement mechanisms in order to attack
the reducing levels of profit expectations.

Offensive Stakeholder: strategic
options
• Offensive stake holders of the Woolworth’s company tend to have a low level
of competitive threat and the high level of potential for the cooperation.
• The offensive stakeholders include both the investors and the employees of
an organization.
• The Woolworth’s Company in order to adopt the offensive strategies should
take attempts in changing the existing objectives of the different
stakeholders and the adoption of the different perceptions that will be able
to link the ongoing program with the others.
• While the defensive strategies are adopted at the situations of high level of
competitive threat , the offensive strategies are adopted at situations of high
cooperative potential.

Offensive Stakeholder:
recommendations
• The offensive stakeholder strategies in case of the Woolworth's
company should primarily include the centric , the stakeholder centric
or try to focus on the relationship between the organization and the
stakeholder.
• The second aspect focuses on the various categories that can be
strategic, instrumental in it parameters as well as presented in a
descriptive and a positive manner.
• The offensive strategies also influences the higher levels of collaboration
by encouraging the system of the participatory management by
increasing the individual level of awareness (Zhang et. al 2018).

Hold Stakeholder: strategic options
• The Millennium Health Sciences should adopt an appropriate course of
action for a particular product in which the company will take the
fundamental decision to sustain the existing expenditures level to
maximise the levels of returns even before deleting it from the field.
• The Millennium Health Sciences came out with several products since
1968 to develop the products which are already dermatologically tested.
• The Millennium Health Sciences has four separate business units within
the MHS umbrella group. The Neutrino manufacturing mechanism with
the vitamins and the Nutritional Supplement s along with the advanced
skincare products (Soares et.al 2017).

Hold Stakeholder: recommendations
• For the Millennium Health Sciences, the hold strategies can be used for
the purchasing of a particular stock.
• A hold strategy result in the core basic forms of investment
recommendation as provided by the different forms of financial
institutions and also the guidelines as provided by the financial analysts.
• The stocks have to either buy or purchase or hold onto the certain
recommendations.
• If an investor realizes that a particular stock is in hold , there are two
potential options either she can hold on the level of security or perform
over the short medium and the long turn functions.