This set of external forces begins to directly influence

[soniya55531]

The strategic directions of each organization. These forces can come from various sources and/or roles, and among them are the government and public agents, professional associations, competitors, suppliers, customers, employees, company owners, executives and the community in general. Despite their distinct interests, when identified by managers, stakeholders influence and need to have their expectations of companies adjusted.


The government, for example, acts as a creator and an arbitrator, interpreting and reinforcing business cooperation and competition relations, encompassing the various instances of the three branches of bahrain mobile database government. Its role becomes clear when we observe the actions taken via regulatory instruments and guarantors of economic activity. The customer, on the other hand, is a stakeholder who actively and directly influences the decisions made, since he or she must be the main interested party in the policies created by the company.


For a company to survive, it must necessarily deliver some value to its stakeholders . Balancing these delivered values, the interests of each group, and the company's attention to each agent is essential to support the strategic decision-making process. Knowing how to identify each of the stakeholders helps, precisely, in directing efforts, since it is not always possible to meet the interests of all those involved in the process.


It then becomes a constant search for balance between stakeholder power , influence in society and the financial gain of the organization. Each stakeholder will have a role in different contexts and identifying them becomes an important resource for the lives of companies and the stakeholders that interact with them.