Managing Stakeholder Relationships (Scenario)
Natasha has been hired by Virtual Screen Corporation, a manufacturer of custom window coverings and retractable screen doors. Virtual Screen has recently been having problems with some of their major stakeholders. Some suppliers have been shipping poor quality materials, and customer complaints are increasing. Natasha has been hired to help resolve the current issues and to develop a plan for managing other stakeholder problems in the future.
-Natasha decides knows that the more uncertain the environment is the more important it is for her to ________.

Question

Quizplus · Accepted Answer

In uncertain environments, it is necessary to establish explicit partnerships with all stakeholders to ensure open communication and collaboration. Ignoring stakeholders or focusing solely on employees and profits can lead to further problems and damage the company's reputation. Developing selective relationships with a few stakeholders may not address all issues and could exclude necessary support. Therefore, it is crucial for Natasha to establish partnerships with all stakeholders to address the current issues and prevent future ones.