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Understanding and Engaging Stakeholders

Fri, 02 Oct 2026 09:42:50 GMT

by Colin Charles.

A stakeholder is any person group or oganisation that has an interest in a business they can affect the fims decisions and performance and are affected by what the firm does . they fall into two main group: Internal: part of the organisation( empliyees.managers. owners) External: outside the organisation but connected to it (customers, suppliers, investors, government, local community) Roles & Responsibilities in a firm. stakeholder KEY ROLE)

Owners/Shareholders)provide capital & stategic direction)

Employees( Rundaily operation

managers ( Lead & coordinate)

Customers( Generate revenue)

Suppliers(Provide inputs)

Investors(/Lenders(Provide Finance

Government( Regulate & enable)

Local Community( Host 7 SUPPORT

Example Company: BBC(British Broadcasting Corporation)

Primary: Licence Fee payers (UK public)Parliament/ DVMS,BBC Board. audiences,staff

Key; Independent production partners, industry regulators international viewers/listeners

They Important?

Licence Fee payers; provide £3,7 billion annual funding- the financial fundation. without public support the BBChas no income or mandate.

Parliment: Sets the Royal Charter. Legal status , and funding rules- the BBC cannot legally exist without this framework.

Audiences; The core purpoes- to inform educate entertain. Their trust and viewing/ Listening figures define success.Employees & Partner: Creat 60%+ of BBC conten; deliver broadcast tech. platforms and innovation- essential to reach audiences across TV radio and online

Yes- adsolutely. Without licence fee payers no funding. no public service misson.

without patliament no lagal basis to operate

without audiences no reason to exist at all.

without staff no conten no brand no output.

without partnes nhigher costs less diversity weaker reach show innovation.

every stakeholder is essential; the BBC serves them and their confidence. participation and support keep the institution sustainable.

Stakeholders

Thu, 06 Nov 2025 10:07:25 GMT

by Holly Jaqueline Burr.

A stakeholder is anybody who can effect or is effected by an organisation, strategy or project, they can be internal or external and they can be at senior or junior levels, I have chosen a health care company and the stake holders range from operations and manufacturing staff who maintain product quality efficiency and safety they ensure the product aligns with regulatory requirements and ethical supply chain practises, to also employees and workforce who contribute to the company's culture and operational success, thier engagement and satisfaction influence productivity and innovation.

Understanding and Engaging stakeholders

Wed, 18 Jun 2025 16:14:11 GMT

by Galyna Vovk.

What is your general idea of a stakeholder, who are they? What are their roles and responsibilities in a firm? In my view, a stakeholder is any individual or group that is affected by or has an interest in a company’s activities. This includes employees, customers, suppliers, the local community, and even the government. Their role is to influence and be impacted by the decisions a business makes. Some stakeholders help the business grow (like employees or investors), while others hold the company accountable for its social and ethical responsibilities.

2. Choose a company and explain who could be their stakeholders? Why are they important? Does the company really need them and why?

Let’s take Tesco as an example. Its stakeholders include:

• Customers – they provide revenue and feedback.

• Employees – they ensure the company runs daily.

• Suppliers – they provide products and goods.

• Local communities – they care about Tesco’s environmental and social behaviour.

• Government and regulators – they set legal frameworks.

All of these stakeholders are important. Without satisfied employees, loyal customers, and reliable suppliers, Tesco wouldn’t survive. Stakeholders influence public trust, reputation, and long-term success.

3. Are you a stakeholder at UWTSD? Justify your answer.

Yes, I am a stakeholder at UWTSD. As a student, I am directly affected by the university’s decisions about education quality, course content, and support services. My success depends on how well UWTSD delivers its programs, and at the same time, I contribute to the university’s reputation and performance through my academic engagement.