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What is stakeholder theory?

December 5, 2022
Christopher R. Teeple

 

This week’s assignment has two parts. Please combine both parts into one document for submission.

Part I:

Write 1-2 pages synthesizing scholarly research related to stakeholder theory. What is stakeholder theory? What theorist is credited with developing stakeholder theory? What was the original purpose of this theory? How does this theory apply to learn organizations?

Part II:

For Part II of this assignment, develop a plan for collecting and incorporating stakeholder feedback into your improvement process. This is one element you will include in the Week 8 Signature Assignment.

Begin by identifying an area in need of improvement, and then consider what input you will need from the various stakeholders in your learning organization. Identify 3-5 stakeholder groups, both internal and external to your organization. Discuss some ways you can collect feedback from your stakeholders to include in the improvement process. How will you integrate stakeholder feedback into your improvement plan? How often will you meet with stakeholders, if at all? How can you encourage continued support from them? Incorporate a feedback loop to keep all stakeholders up to date. What are some challenges you may face when trying to collect and integrate stakeholder feedback? If you are not working currently in a learning organization, chat with your professor about other organizations you could use to complete this assignment.

Length: 3-5 pages, excluding title and reference pages

References: 2-3 scholarly references

Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.

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