Different stakeholders Essay

Every organisation has Stakeholders these atomic number 18 groups or individuals that affect or are affected by the business. The number of stakeholders of a business varies and so does their importance and influence on the guild. The type of organisation and the product or service it supplies likewise determines the stakeholders. An organisation such as Lidl has far more stakeholders than family business it is therefore much more influenced and affected by the actions, aims and objectives of its stakeholders. In this report I leave behind evaluate the influence that the different stakeholders exert within Lidl. Employees are very influential stakeholders of Lidl and they are crucial for the running of the organisation. They have around 315,000 employees worldwide. The quality of an employees motion depends on the way human resources are managed within the company. An employees main interests are salaries, wages and job satisfaction all of these factors influence the companys st aff turnover. When employing new staff, and managing existing staff the employers must consider a lot of different elements.Employees can affect and influence Lidl in diverse ways and due to different reasons, some are skills and qualifications, personal views and opinions, employee performance, training and redundancy. As employees are one of the main stakeholders and are the human resources of the company their performance highly affects Lidl. If the employees are not satisfied with their wages or the working environment the products and services will not be of a satisfactory prototype which could result in poor publicity. Motivation is one of the methods used to improve employee performance as when employees feel unmotivated they tend to perform inadequately e.g. the range floor could be untidy, shelves un-stocked or a lack of people on the tills.An employees skills and qualifications are crucial aspects because if an employee doesnt have the right skills or fellowship to per form a certain task essential for the consecutively of Lidl it could slow down the whole production process therefore decreasing the quality of the demo within the store resulting in Lidl making less profit than they could have. Customers contribute to profit levels and turnover through buying products and services.