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stakeholder place in matrix- Mendelow’s

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › stakeholder place in matrix- Mendelow’s

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by Avatarmisbahkiran.
Viewing 3 posts - 1 through 3 (of 3 total)
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    Posts
  • June 18, 2020 at 2:48 am #574100
    Avatarmisbahkiran
    Participant
    • Topics: 109
    • Replies: 193
    • ☆☆☆

    I found these list of stake holders from ACCA article stakeholder part 1. I wonder how to place them with Mendelows’ matrix

    1. local communities – keep informed -high interest low power

    2. natural environment, future generations, and most competitors – how to place these stakeholders in matrix?

    3. lobby groups, campaigning organisations, and non-governmental/charitable organisations. – high power high interest- are they considered key players?

    4. natural species- known or unknown stakeholder-how to place these stakeholders in matrix?

    June 18, 2020 at 11:42 am #574168
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10653
    • ☆☆☆☆☆

    The suitable quadrant for stakeholder groups can vary from company to company and from time-to-time.

    Example 1 above has answered the question for you: high interest low power = keep informed. However, there might be occasions when a local community has, in fact, high power. For example, by using planning laws to prevent development.

    Example 2: above,has a strange mix of parties. I see very little connection between future generations and competitors. Competitors could have low interest and low power or they might be very powerful and should be regarded as key players. Future generations do not yet exist so cannot have either power or interest at present. The parents of future generations might have both interest and power and how much depends on the circumstances.

    Example 3: certainly interested but their level of power can vary greatly.

    Example 4: no idea what this means. For example, the Amazonian jungle is not able to exercise either power or show interest. Lobby groups and customers etc will have their views, but again how important those are depends on the circumstances. Increasingly some companies are having to pay regard to their influence on the environment but this differs widely between company and country. For example, a car company operating in eg Scandanavia is likely to have to comply with strict pollution laws but many countries are not strict with regard to car emissions.

    June 19, 2020 at 10:50 pm #574303
    Avatarmisbahkiran
    Participant
    • Topics: 109
    • Replies: 193
    • ☆☆☆

    thanks a lot sir for comprehensive reply..

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  • The topic ‘stakeholder place in matrix- Mendelow’s’ is closed to new replies.

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