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- March 1, 2017 at 7:00 pm #374993
Hello
Since a stakeholder can either affect or be affected b an entity, would the following be classed as stakeholders and what category would they be classed as (power, interest)?
1. Megatrain
2. twenty other providers
3. WACThe following 3 paragraphs have been extracted from the question which can be found at this link:
https://www.accaglobal.com/content/dam/acca/global/PDF-students/EC/2012-d/dec2009ques.pdf
The ‘big three’ are recognised and established brands in the industry. Although the ‘big three’ are competitors there does appear to be a degree of mutual tolerance of each other. For example, they appear to have co-ordinated their response to the attempted entry of Megatrain into the industry.
Three of the directors of Batrain used to work as lecturers for CATalyst and Gillian Vari (the MD of Ecoba) was a director of the company that spawned CATalyst. Mike Wilson has lectured for all of the ‘big three’ providers. However, there are also, approximately, twenty other providers in the industry in Erewhon (accounting for 20% of the total industry revenue).
Interestingly, in a new move for the industry, WAC, a major supplier of business analysis consultancy services, recently bought one of the smaller business analysis training providers and thus is now able to deliver all of its business analysis training in-house for its own staff.
March 2, 2017 at 8:23 am #375063Megatrain seems to be out of the picture and completely irrelevant.
I’m not sure WAC is relevant either as it is no longer in the market for training.
The 20 other providers are competitors so are external stakeholders. We are not given any information about their power/influence, but if there are 20 in addition to the big 3 I would not have thought that any would have much power.
I have never found stakeholder analysis to be particularly useful when dealing with stakeholders. The natural model is 5 forces.
March 2, 2017 at 4:47 pm #375145Thanks
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