Monday, May 20, 2019

Key Stakeholders of Sara Lee Company

Stakeholders are frequently considered the lifeline of a club. They share a common interest in the health and well creation of a order and often support a company financially and morally. Within any validation key stakeholders include individuals and groups within the organization that have a stake in the well-being or everyplaceall achiever of the organization. Stakeholders aim is to make sure a company deliver positive results and remain operable through its product and service offerings. Stakeholders often have much say in an organizations daily functioning. They may influence the products or services that a company offers and may influence programs or organizational systems. discover stakeholders at Sara Lee come primarily from within the company.They key players at Sara Lee include members of anxiety and employees but also some external clients including suppliers. Other stakeholders that may share a vested interest in the company include community members, investor s, internal and external customers and even board members. Each of these groups has a various stake in the company. For example a supplier group interested in the well being of the company include a group of roughly 5,000 farmers that provide coffee, banana, beans and vanilla to the company from Uganda (Sara Lee, 2005). These stakeholders impart continue to advance as long as Sara Lee continues to do well and continues to utilize their services.Since Sara Lees product market is so diverse and includes food, apparel and household brands (Singh, 2003) the companys stakeholder base is quite large. The multinational corporation has key stakeholders in legion(predicate) other countries across the globe including employees and managers in Europe possibly India in the near future. Joint ventures and acquisitions over clipping have also increased Sara Lees stakeholder base to include representatives from companies partnering with Sara Lee such as consolidated Grocers Corporation, Oxfor d Chemical Corporation, Adams-Mills Corporation, Nutri-Metics, and Hills Bros. and more (Singh, 2003).As Sara Lee continues to grow and acquire other companies its key stakeholder base will continue to grow. Other important members include board members and investors in the company, as well as the corporations slip by managers including the CEO and COO of the company (Singh, 2003). As long as net sales continue to ease up new heights, which they do, the company can rest assured that the majority of their stakeholders interests will be met time and time again. Shareholders are also important stakeholders at Sara Lee (Singh, 2003).The companys shareholder base continues to grow as the company continues to expand into global markets. While internal stakeholders may help provide balance and insight into on-going operations, external stakeholders including suppliers are equally important because they can information management of emerging challenges or trends within the industry that may have to be overcome.Organizations partnering with Sara Lee may also be considered stakeholders in the organization. The impart of the company Nathan Cummings is also a key stakeholder in the company that continually invests toward the companies continuing success and future (Singh, 2003). Even HP Corporation may be considered a key stakeholder in Sara Lees success. HP Corporation currently supplies Sara Lee with services and support for more than 300 computer based systems and telecom networks (HP, 2005).

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