Stakeholder Management. The Sustainable Management of Nestlé's Cocoa Supply Chain in the Ivory Coast
Author : Rodrigue Bienvenue Nanfack
Publisher : GRIN Verlag
ISBN 13 : 3656841853
Total Pages : 36 pages
Book Rating : 4.6/5 (568 download)
Book Synopsis Stakeholder Management. The Sustainable Management of Nestlé's Cocoa Supply Chain in the Ivory Coast by : Rodrigue Bienvenue Nanfack
Download or read book Stakeholder Management. The Sustainable Management of Nestlé's Cocoa Supply Chain in the Ivory Coast written by Rodrigue Bienvenue Nanfack and published by GRIN Verlag. This book was released on 2014-11-18 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2014 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 3, University of Wuppertal (Schumpeter school of business), course: CSR, language: English, abstract: Stakeholder Management with long-term sustainability is decisive in determining whether a business organization is being successful or not. Stakeholder Management has a direct impact on the company’s competitiveness and its environment. The most profitable companies have strong relationships with their relevant stakeholders groups, that is, the stakeholders in their business field. Stakeholder Management has a wide actively and effectively challenge to manage these important relationships with their different stakeholders groups. Strong customer relationships, successful relationships with suppliers, committed employees and good relationships with other stakeholders groups define the winners of today in the world ́s global economy and that is why companies like Nestlé understand, that they should keep an important and a great relationship with their stakeholders. To be able to achieve a sustainable stakeholder management, organizations first have to define who their key stakeholders are, they have to be able to understand their needs, then secondly, they should define what kind of stakeholder management system applies thereto.