This is a paper that is focusing on the student to evaluate how stakeholder expectations influence organisations. The paper also provides additional information to use in the writing of the assignment paper. Below is the assessment description to follow:
Evaluate how stakeholder expectations influence organisations
Subject: Strategic Planning
You have successfully gained a junior management role in the UK in an organisation called Vista, which is a multi-national company. This is an interesting time for the business as it has decided to review its mission, vision and strategic direction. In this
process the Board wishes to involve staff at various levels in the organisation and it has established a series of teams which will look at the strategy and feedback their work to the Board. You have been asked to join Team Singapore which is comprised
of staff from across the company. It will work virtually before meeting in Singapore for a final face to face session.
This is an exciting opportunity for your personal and also career development and you are keen to make the most of it.
In preparation for the first virtual meeting you decide to make detailed notes in which you:
Firstly, explain organisational vision, mission, strategy and business plans and the relationships between them
Secondly, explain how external factors affect organisations and how changes in the external environment affect organisational strategy
Thirdly, evaluate how stakeholder expectations influence organisations
At the first virtual meeting of the team all members have been asked to make an individual contribution, which will be circulated to other team members prior to the next meeting. Your task is to provide a document which:
· analyses the mission and vision statements of named organisations.
To gain a merit grade you must have a further section in the document which:
· evaluates the impact of a named organisation’s vision and mission on its strategy.
To gain a distinction grade you must add another section to the document which:
· analyses how external influences affect organisational strategy in a named organisation.