MBA501: Stakeholder Strategy and Portfolio Analysis Presentation

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Added on  2022/08/25

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This presentation undertakes a detailed stakeholder analysis for Woolworths, identifying key stakeholders such as employees, shareholders, government, and suppliers. The stakeholders are categorized into swing, defensive, offensive, and hold groups, each with tailored strategic options and recommendations. For swing stakeholders (government), the presentation suggests staying updated with regulations and ensuring compliance. Defensive stakeholders (shareholders) benefit from a transaction-driven approach. The offensive stakeholders (employees) are best managed by changing current beliefs about the organization, while hold stakeholders (suppliers) require contract and supplier management initiatives. The presentation also performs a portfolio analysis using BCG, GE-McKinsey, and Synergy matrices, recommending that the sportswear segment be divested and investments be allocated to beverages, supplements, and snacks. The beverages segment is the market leader, while the supplements segment has high growth potential. This presentation provides strategic insights and practical recommendations for Woolworths to improve its stakeholder relationships and portfolio management.
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S T A K E H O L D E R S T R A T E G Y
D E V E L O P M E N T A N D
I M P L E M E N T A T I O N
B Y
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INTRODUCTION
This presentation provides a detailed analysis of the
stakeholders identified in previous report where
Woolworths was chosen as the organisation.
Stakeholders are key part of any firm and business
operations significantly affect their interest within the
organisation.
The main goal of the presentation is to highlight the
key stakeholders in Woolworths, categorise them in
suitable groups and provide appropriate
recommendations.
Stakeholders are individuals or groups having interest
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STAKEHOLDER ANALYSIS
(SUMMARY) Woolworths is one of the major retail brand
and consists of multiple stakeholders in the
market.
The key stakeholders of Woolworths include
employees, shareholders, government and
suppliers.
The previous report has evaluated all the
internal and external stakeholders of the
company to identify the above stakeholders.
The key stakeholders are as follows:
Government
EmployeesShareholders
Suppliers
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STAKEHOLDER ANALYSIS
(SUMMARY) The analysis of the
stakeholders have
identified the
stakeholders having the
highest priority within
Woolworths. However, it
is essential to classify
these stakeholders into
different groups to
understand their position
in respect to Woolworths.
SWING
Government
DEFENSIVE
Shareholders
OFFENSIVE
Employees
HOLD
Consumers
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SWING STAKEHOLDER:
STRATEGIC OPTIONS
The government has been identified
as Swing stakeholders in the
stakeholder analysis.
In order to ensure that Woolworth is
able to meet the needs of the
Government, following measures
have to be taken:
To be up to date with the
government rules and
regulations
Comply with the
environmental laws
Comply with the health and
labour laws
Pay appropriate taxes for
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SWING STAKEHOLDER:
RECOMMENDATIONS
The review of the Swing stakeholders have identified the
following option can be used as recommendation:
Keeping track of the change in government rules and
regulations at regular intervals
Woolworths need to continuously evaluate their current
practices to understand their relevance to the current
government policies. In order to achieve, the organisation
need their legal team to guide the other departments in
developing effective practices having compliance to the
macro rules and regulations.
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DEFENSIVE
STAKEHOLDER:
STRATEGIC OPTIONS The shareholders of Woolworths have been identified
as the defensive stakeholder as per the stakeholder
analysis.
The different strategic options that are available to
deal with the stakeholders are as follows:
Reinforcing current beliefs about the organisation
Managing and Maintaining existing programs
Letting stakeholders drive the process of
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DEFENSIVE
STAKEHOLDER:
RECOMMENDATIONS Defensive stakeholder options have already been identified in the
previous slide which has provided mainly three options which can
be used to manage the shareholders. Therefore, out of the three
options, letting stakeholders drive the process of transaction is the
appropriate option for Woolworths to manage their stakeholders.
In order to do so, Woolworths should develop an online application
which helps them to vote and communicate on various matters of
importance using a digital application. It helps the shareholders to
drive the decision of investment and move towards the long term
goals effectively.
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OFFENSIVE
STAKEHOLDER:
STRATEGIC OPTIONS The offensive stakeholder for the firm has been
considered as the employees working in Woolworths.
Workforce is a key aspect of strategic success for global
organisations and the different strategic options has
been provided to understand possible options to
manage them effectively:
Changing the current beliefs about the organisation
Trying to make changes to the objectives of the
stakeholders
Adopting the position of the stakeholders
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OFFENSIVE
STAKEHOLDER:
RECOMMENDATIONS The analysis of the options provided mainly four
options which can be used to manage the stakeholders
effectively. Among all the options, the most suitable
option has been provided as the recommendation for
the current study.
The most appropriate strategic option for Woolworths
is to change the current beliefs of the organisations will
require repositioning of the brand and key values and
beliefs of the organisation. It will help in changing the
organisational culture and promote a better working
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Hold Stakeholder: strategic
options
The suppliers have been identified and classified as the
hold stakeholders. The contribution of hold
stakeholders are minimal for the organisation but it
does not means that they are insignificant for the
organisation.
There are mainly three strategies which can be used to
manage the hold stakeholders and they are as follows:
Monitoring of existing programs
Reinforcing the present beliefs within the
organisation
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HOLD STAKEHOLDER:
RECOMMENDATIONS
Therefore, based on the analysis of the strategic
options mentioned in the previous section of the
presentation, developing a contract management
plan and implementing a supplier management
initiatives improves the supplier-organisation
relationship.
It would ensure that changes in the rules and
processes within the organisation directly affect the
suppliers.
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