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a management exam cheat sheet

This is a draft cheat sheet. It is a work in progress and is not finished yet.

Volunteers

Types of Volunteers
Management Guidelines
Spot
Vs = essential to org
Regular
Org must involv­e/r­eco­gnise Vs
Pressured to volunteer
V manager must be resourced & supported

Stakeh­older Value

What is stakeh­older value?
How satisified a SH is from a specific activity or anything that has the potential to provide SHs value
How is stakeh­older value optimised?
1) Maximi­sation of SV 2) Fairness in distri­bution
What is shared value creation?
The creation of economic value through creating social value for others

Stakeh­older Management Process

1) Identify SH
Who is affected?
2) Understand SH interests
What do they want/need?
3) Balance competing needs
Inters­ect­ion­ality matters
4) Create value
What is valuable to all SHs?

Model of Social Entrep­ren­eurship (4 Antece­dents)

Management Theories of Motivation

Mazlow
Herberg
Myer-Brigg
Needs
"­Hyg­ien­e"
Person­ality
Erikson
McGregor
McClelland
Lifecycles
Theories X/Y
3 Needs

4 Pillars of Sustai­nable Social Impact

Open Circles
The capacity to welcome new SHs
Focused Purpose Sharing
Shared purpose among SHs
Mutuality of Success
Success is mutual but not equal
Persistant Change Perspe­ctive
Having tenancity and perser­verance

Stakeh­older Priori­tis­ation

Core
Necessary for the organi­sat­ion's existence and survival
Strategic
Necessary for success but not survival
Enviro
Affects neither. Exists in the organi­sat­ional background

Creating Shared Value

Reconc­eiving products & services
Redesi­gning products to meet social needs
Redefining produc­tivity in the supply chain
Redesi­gning operations to benefit society
Supporting local industry clusters
Streng­thening the enviro­nment in which the business operates
 

Danielle Le Gallais (Sunday Blessings)

Activity
Stakeh­olders
Kai packs
Volunt­eers, homeless & food insecure indivi­duals, social workers, superm­arkets, AKL council, central government & other orgs

Chloe Vos (Briscoe Group Limited)

Activity
Stakeh­olders
Recycled Textile Boxing Bag
ImpacTex, Will&Able (disabled workers), BGL + RS staff & customers
Respon­sible Sourcing Program
Factory owners & workers, Briscoes & customers
Product Returns Diversion Program
BGL staff, rescue recovery partners, NZ Foodne­twork, (Salvation Army) op-shops, commun­ities in need
Pass it forward (Ball)
BGL/RS, sports clubs, customers, commun­ities in need
Buy a blanket give a blanket
BGL/Br­iscoes, customers, commun­ities in need
RS Grants & Equipment donations
Community groups, sports clubs & BGL/RS

Assessing Corporate Social Perfor­mance

Respon­sib­ility
Respon­siveness
Issues Maturity
Org. Implem­ent­ation
Economic
Reactive
Instit­uti­ona­lised
Isolated
Legal
Defensive
Consol­idating
Managerial
Ethical
Accomo­dative
Emerging
Strategic
Discre­tionary
Proactive
Latent
Civic

3 Mechanisms to Scale Social Impact

Dissem­ination
Spreading awareness so others can replicate
Affili­ation
Partnering with other orgs
Branching
Creating new parts of the org
Must consider the 5 Rs when branching: readiness, recept­ivity, resources, risks & returns

What is stakeh­older manage­ment?

"­Sta­keh­older management is the process of managing relati­onships with the various groups, that are affected by an activi­ty."­

Stakeh­older Identi­fic­ation

Dependency
Who is (in)di­rectly dependent on the org's activi­ties?
Respon­sib­ility
Which groups does the org have legal, commer­cial, operat­ional or ethical respon­sib­ilities with?
Tension
Who needs immediate attention regarding financial, economic, social or enviro­nmental issues?
Influence
Who can impact the org or a SH's decision making?
Remember: DRTI: Don't Record The Igloo

Stakeh­older Identi­fic­ation

Dependency
Who is (in)di­rectly dependent on the org's activi­ties?
 
Respon­sib­ility
Which groups does the org have legal, commer­cial, operat­ional or ethical respon­sib­ilities with?
Remember: DRTI: Don't Record The Igloo

Stakeh­older Mapping

Catego­rising Stakeh­olders (Model 2)

Internal vs External
Internal are part of org, external are not
Primary vs Secondary
Primary stakeh­olders have a direct connection with the organi­sation, whilst secondary stakeh­olders are indirectly connected to the organi­sation through a primary stakeh­older.
Social and non-social
Social = can commun­icate needs, non-social = animals, enviro­nment
SHs vs Non-St­ake­holders
SHs = related to the org, non-shs are not