Stakeholder Case Study

Discussion Board #1

Johan Rivera

Liberty University

A manager should or should not be consider a stakeholder?

“The term stakeholder refers to persons and groups that affect, or are affected by, an organization’s decisions, policies, and operations”(Lawrence, Weber, 2013, p. 7). Stakeholders can be divided in two categories, external stakeholders and internal stakeholder. “External stakeholders, by contrast, are those who-although they may have important transactions with the firm, are not directly employed by it”(Lawrence, Weber, 2013, p. 9). Customers, suppliers, and financiers can be found in this grouping. These individuals are an essential aspect of the success of an organization since they provide an external perspective of how the product

Dr. Fischer in the presentation “Worldview, Covenant & Ethics ” (2011) establishes that an organization have the responsibility to have mutual accountability were stakeholders and managers are accountable to each other and managers are accountable to employees as well. Working in a covenant were every individual main purpose is to work as a team with the intention of helping each other to achieved organizational goals and strive for success of the organization as a whole. The bible describe the importance of a covenant being the verse of Luke 22:20 (English Standard Version) and example of it, “and likewise the cup after they had eaten, saying, ‘This cup that is poured out for you is the new covenant in my blood”. Dr. Fischer (2011) expressed that an organization that applies this will have greater integrity, teamwork, and decision-making because everyone is committed to serving and caring for everyone else, and leaders, as a general rule, cannot act arbitrarily and in a manner that mistreats employees. Due to the facts, it can be argued that a manager should not be considered a stakeholder. Separating the responsibilities of a stakeholder from a manger will allow managers to

(2012). How do entrenched managers handle stakeholders interests? Journal of Multinational Financial Management, 22(5), 263-277. doi:doi:10.1016/j.mulfin.2012.10.002

Fischer, K. PHD. 2012,Worldview, Covenant & Ethics. Retrieved from http://learn.liberty.edu

Lawrence, A., & Weber, J. (2013). Business in Society. In Business and society: Stakeholders, ethics, public policy (Fourteenth ed., pp. 7-9). New York, NY: McGraw-Hill.

Mainardes, E., Alves, H., & Raposo, M. (2011). Stakeholder theory: Issues to resolve. Management Decision, 49(2), 226-252. http://dx.doi.org.ezproxy.liberty.edu:2048/10.1108/00251741111109133

Mitchell, R., Agle, B., & Wood, D. (1997). Toward A Theory Of Stakeholder Identification And Salience: Defining The Principle Of Who And What Really Counts. Academy of Management Review, 22(4), 853-886. Retrieved August 28,