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Business Strategy and Optimizing Performance

Part 1:

Choose a company or an industry in which you have worked or would like to work. It could be a hospital or a physician practice.

Write a 700 to 1000 word paper and include the following:

A. Identify all the important stakeholders for the entity.

B. Determine the primary aims/objectives of each stakeholder.

C. Assess the power of each stakeholder to affect the company's strategic plans, and how it may apply that power.

D. Explain how the company might respond to the possible actions of each stakeholder.

E. Recommend tradeoffs that company managers could make to accommodate the stakeholders in a way that optimizes the company's own performance.

Include a minimum of three peer-reviewed references.

Format your paper consistent with APA 6th guidelines

HR Management, Management Studies

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