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Unit 1: Management Fundamentals

Unit 1: Management Fundamentals. Lesson 7: Stakeholders. Teacher Reminders. Have video prepared Print off stakeholders sheet Print off IP stuff to give to students (ALREADY DONE) Tell students in advance they may want to bring some things to dress up in for this lesson… (managers, etc )

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Unit 1: Management Fundamentals

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  1. Unit 1: Management Fundamentals Lesson 7: Stakeholders

  2. Teacher Reminders • Have video prepared • Print off stakeholders sheet • Print off IP stuff to give to students (ALREADY DONE) • Tell students in advance they may want to bring some things to dress up in for this lesson… (managers, etc) • Try to bring specific concepts (stakeholders of arms industry) into general terms (make sure ideas are general to that type of stakeholder for all industries)

  3. Video to prepare http://www.youtube.com/watch?v=7zzWaBz2Y0A Min 1-4, 8.30-9.30, 9.45- 10.30, 13.20-14.35, 15.30-16.00

  4. Reminders • Bring your textbooks tomorrow! • Test coming up! Fri, August 23rd! • Monday mentor meetings- first day of blended learning! Please make sure you are added to fb! I will make a group and I would like you to add some pictures of you! • Monday will be our first online lesson- to be posted on fb- I will be in the office- Can ring me 0164670133

  5. Agenda Syllabus: Explain the interests of internal and external stakeholders, Discuss possible areas of conflict between stakeholders Personal stakeholders- 10 min • Notes- stakeholders- 5 min • Video- 10 min • Brainstorming & Discussion- Stakeholder in business- 15 min • Stakeholders of Springfield- role play- 30 min • Past paper questions issued *If there are left over presentations then role-play may have to finish next period

  6. Stakeholders in your life Stakeholders in your life are the persons, groups and institutions directly affected by your words, actions, and life. Who are the stakeholders in your life? Draw a quick picture of you and write down the people (in groups such as ‘friends’) who are affected by you

  7. Who are the stakeholders in your life? Gaelic football players and coach siblings friends Volunteer teachers at the Somalian Education Centre husband Students Coworkers Supervisors and management

  8. Stakeholders in business • Stakeholders in business are people who are affected by a company's activities and/or performance • The groups of people are involved in business activity in one way or another or are affected by the business and they have an interest in how the business is run • Stakeholders may not be in a position to make decisions or influence decision making in the company

  9. News story- The shift in global arms trade

  10. News story- The shift in global arms trade Al Jazeera News: http://www.youtube.com/watch?v=7zzWaBz2Y0A Minutes: 1-4, 8.30-9.30, 9.45- 10.30, 13.20-14.35, 15.30-16.00 While watching consider… Who would be the stake holders of a weapons manufacturer? What will they want from the company? (Think of at least a couple of ideas per stakeholder)

  11. Brainstorm • Who would be the stake holders of a weapons manufacturer? What would each stakeholder want from the weapons manufacturer? (Mention at least a couple of ideas per stakeholder)

  12. Stakeholders and their interests

  13. Stakeholders and their interests

  14. Stakeholders of the Springfield nuclear power plant …

  15. Stakeholders of Springfield… The Assignment • You will be assigned the role of one of the various stakeholder groups. You must decide on your perspective (concerns) and what you want done about them. As in real life, often stakeholders objectives conflict with others so you must find convincing arguments to ensure your side of the argument is listened to and considered! The last portion of class will be used for you to share your perspective with the other stakeholders of the power plant.

  16. Roles • As in real life, often stakeholders objectives conflict with others so you must find convincing arguments to ensure your side of the argument is listened to and considered! • Consumers • Managers • Workers • Community • Environmental groups • Government

  17. Assignment- Past paper question • Go to the following web page and submit your answers to me by Wednesday • http://www.scribd.com/fullscreen/99767499?access_key=key-unvurj5isply7gbojnd&allow_share=false&escape=false&show_recommendations=false&view_mode=scroll

  18. Summary • Stakeholders in business are people who are affected by a company's activities and/or perform­ance, have an interest in how the business is run and may or may not be in a position to make decisions or influence decision making in the company

  19. Reminder • Bring your textbook tomorrow! • Take a look at our next lesson on Ethics already posted!

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