The assignment explores Business Paper on Wells Fargo. Besides, there is a description of Organizational Stakeholder Management. So, discuss the role of culture in the fake-account scandal.
Business Paper on Wells Fargo – Organizational Stakeholder Management
Description
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Discuss the role of culture in the fake-account scandal.
Identify the affected stakeholders.
Reflect how, as an organizational leader, the stakeholder management approach promotes ethical and legal decision making. Consider how Wells Fargo may use the stakeholder management approach (referenced in Module Three’s overview) to rebuild relationships and trust with stakeholders.
Business Paper on Wells Fargo – Organizational Stakeholder Management
A project is successful when it achieves its objectives and meets or exceeds the expectations of the stakeholders. But who are the stakeholders? Stakeholders are individuals who either care about or have a vested interest in your project. They are the people who are actively involved with the work of the project or have something to either gain or lose as a result of the project. When you manage a project to add lanes to a highway, motorists are stakeholders who are positively affected. However, you negatively affect residents who live near the highway during your project (with construction noise) and after your project with far-reaching implications (increased traffic noise and pollution).
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