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Stakeholder Analysis and Management
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Being one of the largest food and beverage providers in the industry, Nestlé has been operating for over 150 years. Selling in a 190 countries, they aim to provide high quality products that not on... ly focus on improving nutrition and wellness, but also to be affordable for all. They have a vast product line which includes water, coffee, cereal, and even providing products for pet and skincare (Nestlé, 2018). This report will focus on the placement of stakeholders of Nestlé on Mendelow’s Matrix, critically evaluating their position on the map, and providing recommendations for future action. 2.0 Stakeholder Theory 2.1 Mendelow’s Matrix It is imperative for a company to understand the needs of its stakeholders. This particular matrix has two parameters meant to aid in decision making. The first is ‘Power’, which is the capacity to affect the company’s strategies or resources. The second is ‘Interest’, which is the [Show More]
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