What are the roles and responsibilities of these stakeholders?
Stakeholders play crucial roles in any organization or project, and their responsibilities vary depending on their relationship with the endeavor. The main stakeholders typically include employees, customers, shareholders, suppliers, and the community. Employees are responsible for executing their assigned tasks efficiently and contributing to the success of the organization. Customers have the responsibility of providing feedback, availing products or services, and maintaining a healthy commercial relationship. Shareholders are responsible for investing in the company and expecting financial returns. Suppliers provide the necessary resources or materials on time and with quality. Lastly, the community expects organizations to act responsibly, create job opportunities, and contribute positively to society. Overall, stakeholders hold reciprocal responsibilities that contribute to the achievement of an organization's goals.
This mind map was published on 15 August 2023 and has been viewed 151 times.