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The Importance Of Stakeholder Activism

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1. INTRODUCTION Stakeholder activism is a way which stakeholders can influence a corporation’s behaviour by exercising their rights as stakeholders (Chiu, 2010:1). In this process activists present threats to the organisation, but they also provide opportunities for the organisation to manage their communication in a strategic way. These groups often co-work with the government to affect internal operations as the government is seen as a pathway through the resolution of these problems. Activist groups also seek out ways to influence and change certain conditions through means that range from education to violence. In this essay I will be distinguishing between organisation-focused and issue-focused stakeholder management, describing the issue …show more content…

I will be unpacking its various stakeholders through aligning them in to the stakeholder salience model as well as the stakeholder map and discussing key stakeholder concepts. Community development is a process where community members come together to take collective action and generate solutions to common problems. Community wellbeing (economic, social, environmental and cultural), in this aspect we are dealing with community development in terms of job creation. ORGANISATION-FOCUSED AND ISSUE-FOCUSED STAKEHOLDER MANAGEMENT From the analysis of the role of companies in multi stakeholder networks and a critical review of the stakeholder theory. It is evident that companies practice two types of stakeholder management. They focus on their organisations welfare (organisational stakeholder management) or an issue that affects their relationship with other societal groups and organisations (issue focused stakeholder management) There are various platforms in which you can distinguish between organisation-focused and issue-focused stakeholder management. Point of reference of organisation-focused stakeholder management is the focal point whereas the point of …show more content…

They dwell in the area which ultimately means if more jobs are created in these communities, the standard of living will naturally increase for its members Development of community stakeholders is a critical way to ensure accountability and legitimacy. It is also a way to recognize voices that possess important information on how the community revitalization process should proceed. How many rental-housing units have been built in asset-poor communities while residents really wanted homeownership opportunities or economic development programs that provided jobs? If a CDC develops its base through community outreach and values its community as stakeholder, it has a much greater chance of making successful mid-course

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