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Stakeholders and Stakeholder Mapping 

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This video explains the concept of stakeholder mapping.
#alevelbusiness #businessrevision #aqabusiness #tutor2ubusiness #alevels #edexcelbusiness #businessalevel
VIDEO CHAPTERS
0:00 Introduction
0:12 What is a Stakeholder?
0:29 Difference Between Stakeholders and Shareholders
1:31 Examples of Business Stakeholders
1:50 Stakeholders Have Different Interests in a Business
3:43 Potential Conflicts between Stakeholders
5:15 Stakeholder Power
5:58 Managing Stakeholder Influence and Power
VIDEO SUMMARY
This video is about stakeholders and stakeholder mapping.
Stakeholders are individuals or groups that have an interest in the activities and the decisions taken by a business. They can be internal stakeholders, such as employees and managers, or external stakeholders, such as customers, suppliers, the government, and society at large.
Shareholders are a specific type of stakeholder that owns the business. They are interested in the financial performance of the business, such as profits, dividends, and share price.
Stakeholders have different interests in the business, which can sometimes lead to conflicts. For example, a decision to introduce greater automation might be supported by shareholders if it leads to greater efficiency and profits, but it could be opposed by employees if it results in job losses.
Stakeholder mapping is a theory that helps businesses address the fact that stakeholders have different levels of power. The idea is that a business should spend more time responding to stakeholders who have a high level of power and a high level of interest in the business. These stakeholders should be kept informed and communicated with regularly. Stakeholders with low power and low interest do not need to be communicated with as often.

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5 авг 2024

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Комментарии : 36   
@tutor2u-official
@tutor2u-official 6 лет назад
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@DrSuzanneDoyleMorrisinclusiq
@DrSuzanneDoyleMorrisinclusiq 5 лет назад
This is a great video! Stakeholder mapping is so important in business and you explained it very clearly.
@FeezKhalifa
@FeezKhalifa 5 лет назад
Very helpful and insightful brief analysis.
@ebenezeroppong-appiah6696
@ebenezeroppong-appiah6696 5 лет назад
very simple and useful.
@ebenezeroppong-appiah6696
@ebenezeroppong-appiah6696 5 лет назад
very simple and useful
@afraa3443
@afraa3443 Год назад
Thanks for your explanation
@alexandersobolev5284
@alexandersobolev5284 5 лет назад
Shareholders are also stakeholders (they have a direct interest in the company - company's profit, in particular). I didn't understand why they were presented as different things in one of the first slides. It's just shareholders are not the only stakeholders, but there could be many other groups of people whom you can also call stakeholders. It doesn't make sense, especially when in another slide owners are clearly present in the stakeholder diagram (1:31).
@janiholtshausen13
@janiholtshausen13 6 месяцев назад
yep, i like to say all shareholders are stakeholders but not all stakeholders are shareholders
@ifeanyichukwuemmanuel6712
@ifeanyichukwuemmanuel6712 11 месяцев назад
Lovely and useful
@phandung8722
@phandung8722 5 лет назад
thanks you this is helpful
@ronanmuatuli6086
@ronanmuatuli6086 Год назад
very informative
@ayushakti489
@ayushakti489 3 года назад
Thank you for this clear explanation!
@tutor2u-official
@tutor2u-official 3 года назад
Glad it was helpful!
@abdurrahim-rs7ke
@abdurrahim-rs7ke 5 лет назад
Thanks
@GraceGrahamMSc
@GraceGrahamMSc 2 года назад
Very helpful and nicely explained!
@tutor2u-official
@tutor2u-official 2 года назад
Glad it was helpful!
@tutor2u-official
@tutor2u-official 4 года назад
Find some fantastic Business study resources from the tutor2u website www.tutor2u.net/business/collections
@MAli-ds3hw
@MAli-ds3hw 3 года назад
Very helpful lecture
@tutor2u-official
@tutor2u-official 3 года назад
Glad to hear that
@ukhticookie
@ukhticookie Год назад
the title says stakeholders and stakeholders btw it should be shareholders and stakeholders
@pedrammohtasham1092
@pedrammohtasham1092 4 года назад
exactly what is your mean of "interest"?it means a) any kind of relation and influence or it means b) any kind of relation who have benefit in relation?
@jake_runs_the_world
@jake_runs_the_world 4 года назад
Pedram Mohtasham it’s on the slide at 2:25
@vaishalimalik386
@vaishalimalik386 5 лет назад
hi, do you have references for the material of this video
@jake_runs_the_world
@jake_runs_the_world 4 года назад
Vaishali Malik you still want it ?
@thegoatrevolution3465
@thegoatrevolution3465 4 года назад
jake yes please
@tutor2u-official
@tutor2u-official 4 года назад
More free resources on this topic available here www.tutor2u.net/business/reference/managing-stakeholder-power-and-influence
@bilalusman3796
@bilalusman3796 5 лет назад
can u give me your slides?
@theentirebritcommunity5350
@theentirebritcommunity5350 Год назад
Messi is the goat
@87245
@87245 Год назад
No Ronaldo is
@theentirebritcommunity5350
@theentirebritcommunity5350 Год назад
@@87245 sure
@87245
@87245 Год назад
@@theentirebritcommunity5350 u better be sure
@theentirebritcommunity5350
@theentirebritcommunity5350 Год назад
@@87245 calm down mate
@87245
@87245 Год назад
@@theentirebritcommunity5350 I’m not calming down until you say Ronaldo is better than Messi
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