Key Stakeholders of Sara Lee Company

Stakeholders are often considered the lifeline of a familiarity. They share a normal interest in the health and well being of a comp each and often support a companion financially and morally. Within any organization key stakeholders hold individuals and assemblages within the organization that have a stake in the well-being or overall success of the organization. Stakeholders aim is to practise sure a company deliver positive results and remain executable through its product and service offerings. Stakeholders often have much put forward in an organizations daily functioning. They whitethorn influence the products or services that a company offers and may influence programs or organizational systems. Key stakeholders at Sara leeward come primarily from within the company.They key players at Sara Lee include members of management and employees but also some external clients including suppliers. new(prenominal) stakeholders that may share a vested interest in the company incl ude community members, investors, internal and external customers and even board members. Each of these groups has a different stake in the company. For example a supplier group implicated 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 allow for continue to improvement as long as Sara Lee continues to do well and continues to put on their services.Since Sara Lees product market is so diverse and includes food, apparel and household brands (Singh, 2003) the companys stakeholder bag is quite large. The multinational corporation has key stakeholders in many separate countries across the globe including employees and managers in Europe possibly India in the tight-fitting future. Joint ventures and acquisitions over time have also increased Sara Lees stakeholder tooshie to include representatives from companies partnering with Sara Lee such as Consolidated Grocers Corporation, Oxford Chemical Corporation, Adams-Mills Corporation, Nutri-Metics, and Hills Bros. and more(prenominal) (Singh, 2003).As Sara Lee continues to grow and acquire other companies its key stakeholder hindquarters will continue to grow. Other important members include board members and investors in the company, as well as the corporations top managers including the CEO and COO of the company (Singh, 2003). As long as net sales continue to afford new heights, which they do, the company puke 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 fat into global markets. While internal stakeholders may help provide symmetricalness and insight into ongoing operations, external stakeholders including suppliers are equally important because they can information managem ent 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 founder 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 ccc computer based systems and telecom networks (HP, 2005).