Stakeholders In Project Management

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Introduction Currently, project management plays an important role in various business sectors. Industries have learned the importance of stakeholders based on the relevance of their stakeholders. Stakeholders are not only individuals from a group or any other non-governmental association. Stakeholders help the organization achieve their goals and provide support to their work in order to succeed. Stakeholders are individuals or members of an association that may be affected by products and services, and other related productivity activities of the organization. Aside from affecting the result of the project, stakeholders with dominant qualities are more valued, their prudent and effective use and management are recognized as a source of project…show more content…
In-charge of collecting ideas for marketing and updated with trends. Mian Lee Manager Establishes the task of each employee and operations of the company. All operations have been reported to the CEO. In-charge of motivating the employee to avoid absenteeism. RA Pertez Supplier Deliver the required materials for the product and/or services required by the company. Maintains high-quality raw materials before delivery. Nick Douglas Project Manager Ensures that the deadline for the project is obtained. Project delivery is implemented. AJ Acosta Business Consultant Improved and resolved corporate issues that encountered companies such as low sales. The success of the company depends on their strategies and solution. Red Cotas Partners Supports the company by providing various business strategies and products. Helps to maintain the financial goals of the company Dick Marion Employee Implemented the task as per company operation. In-charge of delivering high-quality customer products as soon as possible. Zac Lionel Customer Increased consumption and purchase of company products and services. Helps to increase sales and profit for the…show more content…
Communicating with stakeholders can be constructed as a consultation about a project or any activity that considers how to make or improve the company's products and services (B2B International). Establishing a good relationship with stakeholders helps to hear their feedback and identify other parts of the company that requires a particular attention. Stakeholders are especially important for organizations, therefore, creating a good relationship with them is a bigger success. The stakeholder helps the organization to assess responses and monitor organizational activities and ensures that partnerships with other stakeholders are performing well. Importance of Ethical Behavior in the Organization The behavior of a person shows who they really are. In the workplace, ethics is important in communicating and collaborating with other people. Each organization has some rules and regulations that every employee should comply with, including stakeholders. Ethics increases the responsibility and transparency to decision making. Ethical behavior in the organization affects decision-making in which high-level ethical decisions have been made. Therefore, an ethical behavior in the organization allows employees and stakeholders to have a strong motivation and boost their productivity. Lesson Learned About The Case
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