...Prison Corporation of America, which is growing fast in prison industry in the United States. Especially, immigration detention business has brought up massive profit for Private Prison of America. Therefore, corporation is planning to join other private prison corporations by making campaign donation and retaining lobbyist to draft and seek the passage of two laws about anti-illegal immigrant and the Intensive Probation Act that will increase opportunities to do business with the federal government. As a manager at Private Prison Corporation of America, I will conduct a stakeholder analysis to determine whether PPA should do it, and my analysis bases on the frameworks Managing for Stakeholders by Freeman, The social Responsibility of Business by Milton Friedman, Ethical Reasoning by Sucher, Five Traditionnal Theories of Moral Reasoning by Werhane, and How to make value count by Joel E. Urbany. The stakeholders of Private Prison Corporation are board of director, corrections officers, offenders, probation and parole officers. Those are employees in corporation. Another, government agency would contract with a provider to supply a service such as health care or programming for inmates. In general, the decision of corporation affects people in many different ways, so as a manager, I have to analyze carefully in order to make an appropriate decision. The first theory that I apply to analyze, is Milton Friedman’ article. Friedman said that the business would be to make as much...
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...HMGT 300 6383 Introduction to the U.S. Health Care Sector (2162) Lakendra Williams Stakeholder Analysis Professor Scott Burleson January 24, 2016 The stakeholder organization that I chose was Alzheimer’s Association. The association started in 1980 and had been in business for over 30 years. The association is a the largest nonprofit, health organization that provides support for people that may be dealing with the disease and their loved ones. The Alzheimer’s Association works on a global, and national level to fund research to find a cure for the disease. The disease can affect people that are 40 and up with 40's being and early onset of the disease. “As the largest nonprofit funder of Alzheimer's research, the Association is committed to accelerating the global progress of new treatments, preventions and ultimately, a cure. (Alz.org 2016)”. The mission of the Alzheimer's Association is: "To eliminate Alzheimer's disease through the advancement of research; to provide and enhance care and support for all affected, and to reduce the risk of dementia through the promotion of brain health (Alz.org 2016) Alzheimer's disease comes in three different stages. After being diagnosed with the disease, it seems that people only live a few years after the diagnosis. Having an association that fights for and advocate for those with Alzheimer’s will eventually help millions of people. “(The Alzheimer’s Association host ...
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...Stakeholder Analysis Brittany Collins Dr. Richardson Public Policy Analysis and Plan 11.7.13 Introduction This paper provides a comprehensive stakeholder analysis of the affordable medical care policy change. The policy change has triggered multiple debates across the United States of America earning the name ObamaCare due to the president’s commitment to see the policy implemented. An argumentation analysis is provided identifying the different contending positions as well as assumptions. Moreover, an argument map of the issue is also developed. It is pertinent to note that the policy issue affects stakeholders across different industries of the economy in a multidimensional approach. Medical care policy The Obama care health care policy has had wide opinions among various stakeholders in the US. While there are those who support the policy, there are also those who feel that the policy will be difficult to implement and will leave many people without the ability to access basic medical care. However, there is need to analyses the medical care policy and the different opinions that are given to analyses the suitability of the policy (Doolittle, 2013). The policy was laid down as an alternative to provision of cheaper healthcare to the people. Critics of the policy have argued that the citizens are the ultimate stakeholders in this policy; however, there are other key stakeholders involved. These stakeholders include key players in the insurance sector; pharmaceutical...
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...Stakeholder analysis by Mohamed A. Abdrabo and Mahmoud A. Hassaan CEDARE 1. Objectives: 1.1 This document intends to provide background information on stakeholder analysis in terms of definitions, objective, need for conducting stakeholder analysis. 1.2 Also, the document aims to provide a systematic approach for conducting a stakeholder analysis within the framework of Wadi Project. 2. Background 2.1 Public issues in general and environmental ones in particular, can affect and get affected by a wide range of groups, bodies and/or individuals. Accordingly, involvement of such groups, bodies and/or individuals may assist in making more informed decisions and increase their potential for success. Furthermore, as the number of such groups, bodies and/or individuals is usually very large, they cannot all be considered for inclusion in such consultation process. Accordingly, a selection process needs to be carried out to identify the most important interest groups to be incorporated in such consultation process. The main criteria employed to prioritize interest groups may include interests, attitude, power and/or influence of such groups which may vary considerably from one party to another. 1.2 It is worth mentioning that stakeholders refer to actors (persons or organizations) with a vested interest in the decision or policy being promoted. 1.3. The main Objective of stakeholder analysis: is to identify the key people who have to be taken into consideration when making...
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...Stakeholder Analysis Organizations must focus on purposeful communication to stakeholders to stay competitive in the marketplace. A critical aspect of sustaining success is built by committed leaders who have a solid foundation of listening, communication, trust, respect, and belief in the creative potential of each employee (Darling, Beebe, 2007). These assets are vital as Best Production determines and executes a solution to solve a business problem. Best Productions Scenario Best Production is a large video game company that develops new video games. They are working on a new video game for release during the holiday season, which is one-month away. Customers are anticipating the game’s release and the company expects to make a significant profit. Marketing displays have been in stores for weeks. Pre-sales game reviewers found a bug in the software that affects game quality. The game can be played but the defect decreases the quality. This game is a sequel to several previous games, and customers expect the same quality gaming experience. Plans are underway to develop the next sequel. The company’s executives need to decide to either; ignore the bug and release the video game on time or delay the game’s release to January to fix the software defect. Internal and External Stakeholders Stakeholders are individuals or entities that have an interest in the organization. This can be internal stakeholders; employees, internal customers, or management. External...
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...A stakeholder is a person, group of people, or an organization involved in the project, or they may be affected by the project or its outcome. To successfully complete the project, it’s crucial for PM to identify project’s stakeholders, their needs, requirements, expectations, group, interests, power, influence, and everything that can be found out at very initial stage of the project. There are four pre-requisites or inputs needed in order to carry out the “identify stakeholders” process: 1. The project charter 2. Procurements documents 3. Enterprise environmental factors 4. Organizational process assets The project charter is a high-level document that triggers the project. It is the project charter that defines an official and recognized project requirement. The project charter may describe some of the stakeholders along with their interests either in the project itself or the end-product/deliverable. Procurements documents input is required if there is a contract involved with the project, in which case such procurement documents should lay out who the main stakeholders are and their needs. Enterprise environmental factors are the common inputs for many processes, values and work ethic, laws and regulations, industry norms, the structure and culture within your organization, the characteristics or mindset of your projects stakeholders, the industry or market place within which your project fits, along with its appetite for risk. Organizational process...
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...STAKE HOLDER MANAGEMENT Introduction. A stakeholder is any person or organization who can be positively or negatively affected or affect the actions of: a company, government or organization. People who have vested interest in the policy that is being promoted are considered stakeholders in the process. There are various types of stake holders.Exaple: * Primary stakeholders: are those ultimately affected, either positively or negatively by an organization's actions. * Secondary stakeholders: are the ‘intermediaries’, that is, persons or organizations who are indirectly affected by an organization's actions. * Key stakeholders: (who can also belong to the first two groups) have significant influence upon or importance within an organization. Stakeholder analysis is a term that refers to the action of analyzing the attitudes of stakeholders towards something such as a project. It is frequently used during the preparation phase of a project to assess the attitudes of the stakeholders regarding the potential changes. Stakeholder analysis can be done once or on a regular basis to track changes in stakeholder attitudes. Stakeholder analysis is a process of systematically gathering and analyzing qualitative Information to determine whose interests should be taken into account when developing and implementing a project. [Citation needed] Stakeholder analysis in conflict resolution, project management, and business administration, is the process of identifying the individuals...
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...[pic] Program Management Office Stakeholder Management Approach and Plan About this document Purpose This document details the process of identifying and managing stakeholders. Definitions, templates and worked examples are all provided. Summary of Changes |Version |Date |Summary of Changes/Comments | |0.2 |2 Dec 04 |Initial Draft provided to Richard Priestly for comment. | |0.3 |6 Dec. 04 |Updated version with comments from Richard. | |0.4 |7 Dec. 04 |Updated version with comments from Susan. | |1.0 |10 Dec 04 |Updated with comments from Michael and released for approval. | Table 1: Version History Author David Worthington, PMO Consultant Introduction Stakeholder identification and management is a key skill for all project managers, program managers and executives (collectively called project manager for the purpose of this paper). Stakeholders are individuals who represent specific interest groups served by the outcomes and performance of a project or program. Project managers are accountable for the end-to-end management of their projects, including performance and expectation management of individuals who may be outside their direct control. Project managers...
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...STAKEHOLDER ANALYSIS UNIVERSITY July 14, 2014 Stakeholders are a powerful force in business from both an economic and societal point of view. “Stakeholder theory is a theory of organizational management and ethics.” (Phillips, 2003) Stakeholders are the individuals, groups, and organizations who can affect the firm’s vision and mission, are affected by the strategic outcomes achieved, and have enforceable claims on the firm’s performance.” (Hitt, Page 19) “Stakeholders can include employees, customers, owners/investor groups, suppliers, unions, professional /industry associations, government, community neighbors, NGOs, educational institutions, neighbors, the media and so on.” (Fowler, 2014) Managing for stakeholders involves attention to more than simply maximizing shareholders. It is not an excuse for managerial opportunism. Stakeholder Theory does not require changes to current laws; it is not a theory of socialism; it is not a comprehensive moral doctrine; and it is not applicable only to corporations. (Phillips, Page 484) An organization in return have a dependency relationship with its stakeholders. The more critical and valued a stakeholder’s participation, the greater a firm’s dependency becomes. They continue to support an organization when the firm’s meets or exceeds their expectations. Both, the organization and the stakeholders have responsibilities towards each other in their own interest. “It is important to gain feedback from a variety of stake holders. This...
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...Team Project: “LIFE CYCLE PROJECT DEVELOPMENT” Stakeholder Analysis | | | | Team Number: Team 4 | Stakeholder | Internal or External I or E | Affected by Project H, M, L | Priority H, M, L | Stakeholder Objectives and/or Expectations | Influence on Project H, M, L | Positive(P) and/or Negative(N) Impact(s) to Project | Action Steps to Establish, Maintain, and Nuture Relationship | New Customers | E | H | H | Expects a new mountain bike that fulfills their needs and wants. | H | P (Learning about their expectations can help us build a product that meets their needs.) | Conduct market research in the form of surveys and focus group interviews to ensure that the bike meets their needs. | Existing Customers | E | M | H | Needs may already be fulfilled with the existing line of road bikes, but could be in the market for a mountain bike as well. | H | P/N (Some customers may be satisfied with the existing line and may not care about the new line of mountain bikes.) | Conduct market research in the form of surveys and focus group interviews to ensure that the bike meets their needs. | Competitors | E | H | H | Will want the project to fail to maintain their share of the mountain bike industry. | L | N (Competitors could redesign their existing mountain bike models or introduce new ones in response.) | Monitor their product offerings to ensure that no competitors are offering products or services that would out perform our own. | Owner | I | H | H | Should...
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...fun. Therefore, a large company like LG Electronics can have a great impact on the society and has many stakeholders. The internal ones include directors/managers, employees and shareholders. Suppliers, customers, NGO/ International organizations, community and local government are external stakeholders. Directors/managers Directors and managers are the ones that run the business. They aim to maximize their own benefits, such as higher salary and annual bonus. Thus, they try their best to improve the corporate values. Shareholders By the end of 2012, the number of shareholders of LG Electronics was 201,161. Shareholders are powerful stakeholders because they invest their money into the business. As the owners of the business, they aim to maximize the profit. They are hoping for a disclosure of transparent management information as well as more dividends. It is stated in the mission statement that the company wants to deliver innovative products. Without re-investing profit into the business, new products may not be invented. However, shareholders tend to share the profit immediately, which conflicts with the mission statement. LG Electronics communicate with the shareholders through different ways, including holding a general shareholders’ meeting, having a performance presentation and publishing a business report. Employees Another important internal stakeholder group is employees. As of December 31, 2012, LG Electronics has 86,697 employees in total, with 36,378 local...
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...ITIL® Foundation Sample Papers Terms of Use – English Please note that by downloading and/or using this document, you have agreed to comply with the terms of use outlined below: 1. All sample (electronic or paper based) papers are for personal use only. 2. The sample papers are intended for the following use only: For use as study aid/s for candidates who wish to sit an ITIL Foundation examination, or for reference purposes. 3. By downloading a complimentary digital copy of any of the ITIL Foundation sample papers, you agree not to: Reproduce or copy; forward or share; sell the document with/to any third party. 4. If you wish to use the whole or part, of any of this sample paper, for any purpose other than self study or reference, please contact AXELOS Accreditation Team (examinations@axelos.com). The ITIL® Foundation Examination Sample Paper A, version 5.1 Multiple Choice ANSWERS AND RATIONALE © AXELOS Limited 2012 All rights reserved. Reproduction of this material requires the permission of AXELOS Limited. The swirl logo™ is a trade mark of AXELOS Limited ITIL® is a registered trade mark of AXELOS Limited ITIL Foundation Examination SampleA ANSWERSandRATIONALES v5.1. This document must not be reproduced without express permission from The Accreditor. Page 1 of 4 Version 5.1 (Live) Owner – The Official ITIL Accreditor Answer Key and Rationale: Q A Syllabus Ref Book Ref 1 B 05-51 ...
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...Management 648 Leadership outline The only leader I could think of, that had a positive influence on my life was my grandfather. He migrated from Mexico in the early sixties with aspirations of a greater life. When he arrived to California he worked in the fields of Fresno as most immigrants did. From there he saved his earnings and was able to become an American citizen. From there he came to San Francisco to join the local laborers Union. After many years of hard work and money management he was able to purchase an apartment complex in San Francisco’s Marina District. With the income of that property he was able to purchase a 346 acre cattle ranch in his native state of Mexico. He began to focus on building a cattle transportation company from Durango, Mexico to El Paso, Texas. He started off with two employees, by the height of his career he had employed more than 30 people ranging from Mexico to Texas. The idea was simple he would raise cattle on his property and once they were at a mature state he would transport them to Texas and sell them for a profit. When he retired he had an estimated net worth of six million dollars at the age of sixty. It is amazing to me how a man with no education ended up with this vast amount of wealth. I was a young boy when he purchased the cattle ranch. I was still old enough to witness how he would lead his company, and how people would follow him. I truly feel he was the definition of an authentic leader. The more and...
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...The insurance companies hold a two sided, and very particular position when it comes to the health care reform. When the health care reform was in its infant stage, and just newly announced the insurers opposed the health care reform, mostly because when the health care reform is fully place the insurers would no longer be able to deny coverage for preexisting conditions. Another down side for insurance companies was the, minimum level of benefits that each insurer needed to provide in their plans, but a positive aspect to this, they could charge more for these plans. This was to be put into place with the start of the exchange. “The bill requires that insurers provide a certain minimum level of benefits in the health insurance exchanges that individuals and small firms must use to buy coverage, beginning in 2014. That should help carriers because they can charge more for mandatory benefit packages than for the catastrophic plans that they often sell in the individual and small-group markets.” CBSNEW.com Insurers has been providing coverage for many, many years. The health care reform does have some new changes to put into place, and this can be an issue for companies who have been doing the same thing since they began hundreds of years ago. Insurers have relied heavily on government funding for products like, Medicare. It is said that there will be a large cut in government payments and many insurers, who have their foot in in that door, will feel this hit more than others...
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...------------------------------------------------- Top of Form Bottom of Form * Home * My Qualification * Assessments * Study resources * The Cafe * Media Lounge Hints and tips for writing assignments What follows are some tips which should help you when you are preparing for the assignment route of assessment. Your tutors are likely to use contact time in a different way than if they are preparing you for examinations – as well as covering the theory, more time may be spent debating the application of theory to practice, and perhaps using the assignment as a basis for some discussion. Studying and preparing assignments Any studying member who require support in preparing and writing assignments should contact their tutor/study centre for advice and assistance. Guidance on formats for assessments Please be advised that there is not a prescriptive approach to producing documents for assessment. The content and structure of the document depends upon the audience addressed and the subject matter. You can undertake research on different types of documents by looking at what is available on the internet. For example, putting in the words “discussion papers for conferences” brings up a wide variety of discussion papers for a conference audience. To view more examples download our Guidance on formats for assessments. Check our Command words guide: when answering your questions on your assignment, it is important to ensure you have interpreted what...
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