Stakeholders
What value do we bring to our stakeholders? Each stakeholder provides us with something of value and we must provide something of value in return. In other words, each stakeholder helps us achieve our aim and we help them achieve theirs. Win-win. Management is the art of using the resources of the company to maximize the "return" to all stakeholders.
Below is a list of those who hold a stake in the success of our company.
CUSTOMERS
- Our customers provide us with the on-going capital needed to pursue our aim. In return, we provide them with the highest value products and services our system is capable of producing.EMPLOYEES - Our employees provide us with the knowledge, wisdom, and labor required to pursue our aim. In return, we provide challenging and rewarding work, an environment where each may take pride in their accomplishments, and the opportunity for personal development.
SUPPLIERS - Our suppliers provide us with the "raw materials" necessary to pursue our aim. In return, we provide them with prompt payment and the feedback required to help them understand our needs and become better suppliers.
STOCKHOLDERS - Our stockholders have placed their money at risk to provide us with the capital needed to pursue our aim. In return, we employ responsible management and financial practices to minimize their risk while providing a reasonable return on their investment.
COMMUNITY - Our local community provides us with a desirable environment in which to pursue our aim, raise and educate our children, and live our lives. In return, we provide both public support (taxes, employment) and private support (contributions and/or involvement in community groups) for the continual improvement of overall quality of life.
SOCIETY - Our society (worldwide) provides us with stable economic and social systems and the freedom to pursue our aim. In return, we help improve the quality of life by providing resources to help balance environmental responsibility and economic growth.