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Stakeholders In Denver

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The City and County of Denver has several stakeholders including City Council, the people of the City and County of Denver, and the employees. All stakeholders are an important part of the organization even though their roles are defined independently. There are times when conflicts may arise between stakeholders and ethical decisions need to be made. The Denver City Council has 13 members, 11 from equally populated districts and two that are elected officials (City and County of Denver). They are the most important stakeholders because they share an interest in the City and County of Denver because they approve laws and address common community issues. Milton Friedman and the shareholder model advocate that “leaders are under an obligation …show more content…

The people or members of the community have a high stake in the City and County of Denver because they live, work, and pay government taxes. They want to know that they are safe and that City Council and all employees are creating a city that is sustainable. The city could not function or thrive without their existence. The community supports schools as well as police and fire departments so everyone has an opportunity to thrive and co-exist. Employees of the City and County of Denver are stakeholders in the City and County of Denver. According to Milton Friedman’s shareholder model, “every executive will treat employees well if he or she believes that doing so will lead to increased productivity and increased profits” (Bredeson, P. 28). This model can be applied to both the public and private sector because employees are stakeholders in any organization. The stakeholders are ranked in the order of importance with City Council coming in first, followed by the people/communities, and then the employees to follow. City Council is ranked slightly higher in importance because they include members of the community and become voices for their particular district. It is difficult to make a decision however, they assist with speaking for the community and have power over laws and decisions for both the community and the employees of the City and County of …show more content…

Their jobs are important to sustain the city and ensure that everything is running and strong and uninterrupted. It is important to make the employees are well taken care of and content so, faithful good employees do not seek employment elsewhere. If layoffs occur it will inevitably effect the entire community and their families so, their stake in the City and County of Denver is extremely important even though they are listed at the bottom. Employees can affect the way an organization does business and ultimately affect their profit margins. When attempting to resolve conflict between stakeholders it is important to first determine who those stakeholders are. Once the stakeholders are determined it is important to acknowledge the opinions and values of those stakeholders so, when an ethical decision needs to be made there should be no surprises about how a certain stakeholder may view the dilemma. It’s also important to know how all the stakeholders fit into the puzzle and who has the ability to make the decisions and what each role they will

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