MBA 687 Module 2 Memo

docx

School

Southern New Hampshire University *

*We aren’t endorsed by this school

Course

687

Subject

Management

Date

Apr 3, 2024

Type

docx

Pages

Uploaded by BaronNeutronKoala43

Module 2.2 Memo Southern New Hampshire University Leading Organizational Change Professor Palombo December 15, 2023

Use of Stakeholder Analysis A stakeholder analysis lets management understand the possible impact of organizational change and how stakeholders will react. It helps with decision making and understanding the risks and benefits of the change that is going to happen. Stakeholder analysis also allows managers to identify conflicts that may come up and have plans in place on how to address and best manage them. It is a great tool to understand the perspective, how they feel, and how they will help contribute to the change management process (Inteligencia, 2020). Identifying the stakeholders of the organization and what each is motivated by is crucial in organizational management. The different stakeholders influence the change initiative. Depending on how important the stakeholder varies how either negative or positive their influence will be on the change. The stakeholders can encourage the change by providing resources that are required in the change management process. Resources can be anything between knowledge and skills, that will assist the organization in creating effective plans. Benefits of Stakeholder Analysis There are many benefits to conducting a stakeholder analysis. One is communication through the right channels at the right time. It is important to keep communication flowing and have a back-and-forth dialogue to keep all stakeholders interested in the success of the project (Martins, 2023). Another benefit of the analysis is identifying the possible roadblocks of interest among key stakeholders. The ability to know the resistance to change in advance allows management to develop strategies to gain the acceptance of stakeholders and get their buy in on the change process. A third benefit identifying the level of the stakeholders. Knowing how much influence, interest, and importance each has that can potentially change the direction of the

project is important. This also allows management to understand needs, expectations, preferences, and concerns in relation to the project objectives and deliverables. Key People The key people and the critical stakeholders according to the Leader’s Self Evaluations are the Vice President, Sales Manager, Accounting Manager, Team Leader, and Customer Success Manager. The Vice President will be one that will be interested in enabling the change in organization, he is the one that oversees all departments and is part of the operations in its entirety. As a key person the Vice President is aware of the internal and external factors and knows of opportunity the organization has to expand and grow in the market. The support of the Vice President to enable the change will influence the working environment among the organization. Turn the organization into a positive place to work to encourage new and existing employees to stay and be present and willing to have less resistance to change. Questions The additional information that I will need to complete a stakeholder analysis will be to know the interests of key stakeholders of the organization.

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

References  Inteligencia, A. (2020, August 2). The Role of Stakeholder Analysis in Change Management | Human-Centered Change and Innovation. https://bradenkelley.com/2020/08/the-role-of-stakeholder-analysis-in-change- management/#:~:text=Stakeholder%20analysis%20allows%20managers%20to  Martins, J. (2023, January 8). What is Stakeholder Analysis and Why is it Important? Asana. https://asana.com/resources/project-stakeholder

Related Documents

MBA 687 Module 3 Milestone 1.docx

Employee.Satisfaction.Survey.Results.Evaluation (Part1).docx

TLS 356 Activity #2_ Power_Performance vs. Pleasure_Participation Model.docx

MBA 687 Milestone 2.docx

MBA 687 Module 1 Email .docx

Employee.Satisfaction.Survey.Results.Evaluation (Module 5).docx

MBA 687 Module 7 Memo.docx

BUS 206BUISNESS LAW To complete this discussion.docx

2.2 Annotated Bibliography.docx

SPT 600 Final Project.docx

smart goal temp.docx

Quick Chips Inc. Case Study.docx

Recommended textbooks for you

Management, Loose-Leaf Version

Management

ISBN:9781305969308

Author:Richard L. Daft

Publisher:South-Western College Pub

Understanding Management (MindTap Course List)

Management

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Cengage Learning

Principles of Management

Management

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax College

SEE MORE TEXTBOOKS

Recommended textbooks for you

Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College