Question
Need help in rewriting this in my own words please Critical Stakeholders for this scenario are as follows: The Board of Directors as each member
Need help in rewriting this in my own words please
Critical Stakeholders for this scenario are as follows:
The Board of Directors as each member owns a significant share of equity in the
organization. The value of their equity could could gain or drop depending on the success
of the change and expansion in the US. The Company President as he is over the Singapore and US branch and has initiated the strategy of expanding further into the American territories. Should the US branch fail at implementing the changes needed to allow this then the President's desire to expand will be unfulfilled and the company will suffer a loss from their failed efforts under his leadership. However, should the change be effective then the President has much to gain once the company sees an increase in revenue from American business activities. In addition, whichever board
members agreed with the change could either improve or damage their reputation among one
another.
The Vice President of the US branch. He has invested 7 years of his life in this company
will bear the brunt of the blame should Singapore's change strategy not be successfully
implemented. On the other hand, his 7 years will be worth it, and he stands to receive great credit
should the change successfully facilitate the Singapore branch to expand into the American
territories as desired.
The 1% of employees who have a company retirement account. Any profit sharing into it
from the company could end or be greatly reduced should the change implementation fail. Conversely, the profit sharing could increase if the change is successful. These employees have
more to lose or gain in this situation.
The 5% of the US staff that is between the ages of 55 and 64. Should Singapore's change
strategy fail, and the US branch is reduced or eliminated, these people could have a much more
difficult time compared to other age groups in finding new employment. These people have
much more to lose so their stakes are higher.
All of these stakeholders have significant losses or gains at stake and therefor would be
the ones most motivated to enable the desired the President's desired changes.
Additional Questions and Information
The only additional questions I could think of would be whether or not this is a publicly
traded company and how publicly known the organization is.
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