This website uses cookies to ensure you have the best experience. Learn more

Influencing Key Stakeholders Essay

1070 words - 5 pages

Influencing Key Stakeholders
Andrew Demers
MGT-665-0663
June 8, 2015

This essay will discuss efforts to influence two key stakeholders at Pyro Presentations. This business is a family owned, and operated fireworks display company based in Oregon. Due to a large number of senior staff members retiring and business expansion, it became prudent to promote junior staff members as well as develop new positions to be filled. This paper will propose a strategy to influence the key stakeholders following the Cohen-Bradford Model of Influence without Authority.
Briefly describe a change effort that could be instituted at this organization. This may be an actual change effort that has ...view middle of the document...

To keep these changes, Katherine must also be influenced as she will be the upcoming new manager of the business. The first step in the influence model is assuming everyone is a potential ally. In this case, Bill and Katherine.
Collect information about the organization that may be used to determine the influence strategies you will employ (e.g., industry and economic growth rates, consumer trends, competition, press articles, etc.). Conduct your research either online, through the university library or using company literature.
The website for the American Pyrotechnics Association (2015) includes such facts and figures as, firework consumption, fires associated with fireworks, injury rates, and industry revenue figures. None of these facts or figures is about the strategy to influence key stakeholders.
Based on the information you collect, describe the approaches and strategies you would employ to gain the influence of your key stakeholders.
According to Cohen and Bradford (2005), the vision needs to be condensed into a 30-second “rocket pitch” to be available at a moment’s notice. This speech is as follows, “As many of you already know, many of the senior staff will be retiring in the next two years, and there will be many open positions. As the company has expanded its operations, there is also a necessity for new supervisor positions to be created with assigned tasks and a small staff of employee to manage. This proposal offers some insight into these new positions and only requires you to overlook the plan and see what you think.
While developing an exchange strategy looking at whom to approach first by diagnosing relative power, odds of a positive outcome and the importance of support. Katherine is an early win as she is the same age and share similar currencies. In the beginning, the power distance was great and encounters were few; this made furthering developing a relationship with Katherine essential. Dealing with both relationships with the manager and assistant manager is the fifth step in the influence model. The currencies involved in the strategy are the last step in the influence model, influence through give and take (Cohen and Bradford, 2005).
An important step is to analyze the currencies that one has to offer. There are many available currencies that both Bill and Katherine both appreciate. According to Kendricks (2013) one key...

Other assignments on Influencing Key Stakeholders

Dynamic Strategic Alignment Essay

4052 words - 17 pages identify the key stakeholders who are driving features under each of these headings. For example, which part(s) of the government regulates the industry? What non-government organizations (NGOs) have an impact on the firm’s reputation and can impact its performance? What organization represents workers (e.g., company or industry unions, or corporate works councils)? A stakeholder analysis would then identify the key interests of these stakeholders

Strategic Management Essay

1595 words - 7 pages ? Structure: Organization Chart, Departments, the number of management layers. Staff: the strengths and weaknesses of the organization's key people. System/Infrastructure: reward system, manufacturing system, technology, customer feedback. Skills: key knowledge and skills are needed to succeed in this business/organization Style: Emphasize on quality, encourage teamwork, reinforce standards. A Mission Statement: is a statement of the purpose of a company

St Joes

1721 words - 7 pages Medstation System in the nursing departments and the emergency room. The leaders did a review of the needs, barriers, and things influencing the change. Some of the needs and things influencing the hospital to make the change were, decreasing pharmacies times with medication deliveries and decreasing pharmacy personnel. The medications are safer in the Pyxis Medstation Systems than the old medication carts. The Pyxis Medstation System saves nurses time

Individual Assignment

3813 words - 16 pages Corporate Social Responsibility & the Law Assessment 1: Individual Essay Introduction Corporate Social Responsibility (CSR) is defined by Ferrell et al (2011) as “an organisation’s obligation to maximize its positive impact on stakeholders and minimize its negative impact”. CSR‌ can‌ therefore‌ be viewed as a corporation's agreement with the world. CSR is most commonly used alongside the “ethics” term but they actually differ as

The Implementation Of Effective Organisational Change: Apple Inc

3899 words - 16 pages …………………………………………………………………………10 i) Diversification…..……………………………………………………………………10 ii) Research and Development…………………………………………………………..11 1. Brand positioning strategy………………………………………………………12 2. Product positioning strategy……………………………………………………..13 3. Pricing strategy…………………………………………………………………..14 Key Principles of Change Management needed by an organization……………………………14 1. Effective leadership……………………………………………………………..15 2

Management Principles

2605 words - 11 pages Approaches – Management Science, Operations Management, Management Information Systems • Contemporary Approaches – TQM, Contingency/Situational Approach, Information Technology Topic 2: Internal Environment, Culture and Diversity Internal Environment: • Owners • Governance • Employees • Culture Organisational Culture: • What is it? Culture The set of values that helps an organisation’s stakeholders understand what it stands for, how it

Research For P4

4491 words - 18 pages , implementation and monitoring of national hygiene policies, strategies and systems. Operatives using a ‘gulper’ system to empty a pit latrine in Dar es Salaam, Tanzania, and then take the waste to a treatment plant to be converted into biogas and fertiliser. WaterAid/Eliza Deacon 27 Improving our operations To deliver our four aims this new strategy requires WaterAid to focus on five key areas. Influencing Influencing long-term

M&A's Literature Review

5977 words - 24 pages review will analyse the issues from different perspectives. Finally, this review has been able to reveal key gaps in previous literature, which provides direction for possible further research. The findings in this review may act as a guide to current and future stakeholders in regards to the M&A process. By referring to this review investors and managers will be able to clearly identify which aspects of M&A’s will truly affect their

The Earnings Management Issue Of Worldcom Case Study Report

2231 words - 9 pages 1. Introduction WorldCom, the telecommunications giant, once was the largest telecommunications company in the world, with more than $30 billion annual revenue, $104 billion in assets and more than 20 million customers. John Sidgmore (2002), Ebbers’ successor after the scandal, said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However, the giant collapsed in 2002. 2. The Main Issue: Earnings

Marketing Research

2400 words - 10 pages front of government and marketers , because of the complexity of the market environment , proper marketing strategic needs to be processed, a well-perform marketing strategy is the primary key to business success which give many benefits to implementers such as make the marketer concentrate on resources and sharpen competitive advantage, also helps to stimulate demand for the product and services and improve the effectiveness of message(refer book

Sales

1964 words - 8 pages into direct e-marketing which gives even greater cost efficiencies. Direct e-marketing requires a destination to capture the email addresses of its enquirers and use them to regularly communicate relevant messages and offers to them. PR PR or public relations is about managing the image and reputation of a place through creating positive associations, influencing decision makers, lobbying, and gaining media coverage. In destination

Similar Documents

Csr Report For Belk's Dept. Store

2101 words - 9 pages their company by immediately engaging their stakeholders in their decision-making process (Bansal, 2005). Stakeholders can hold the key to influencing the success or failure of any business. The triple bottom line of sustainability is defined as a company that is working towards ensuring their future by supporting and maintaining the people who use their product, the environment that produces their product and continuing to seek profits for their

Global Communication Essay

1745 words - 7 pages , provide a specific citation referencing the concept. See Table 1 for an example from the USAuto scenario. Delete this box of instructions before submitting your final paper. Instructions for Completing Table 2: In this table, you will identify the key stakeholders in the Global Communications scenario. Conflicts can occur when one stakeholder or group of stakeholders has interests, rights, or values that are at odds with

Analysis, Recommendations Of Decrease In Box Office Hits In Film Industry

4198 words - 17 pages various factors affecting the decrease in the number of box office hits in Telugu film industry? 2. Who are the major stakeholders getting affected and influencing the situation? 3. What are the major recommendations and improvements that can be made in the system to mitigate the situation in Tollywood? Methodology and Methods The current methodology involves mostly observational studies and reports by eminent writers. The information from

Student Essay

776 words - 4 pages Research Proposal paper Binh Tran July 14, 2014 Research Proposal for Starbucks Strategic planning is the process of gathering information from stakeholders, market players, professional entity, and government agency. The purpose of gathering information is formulating a realistic and a workable framework that any organization can implement and work with. Evaluation of information is a key aspect in determine the kind of plans that the