External stakeholder s issues facing zara business essay business management name institution business management introduction zara is a company that well known for its best and quality products since the year 2007(paloma, 2013) it has even been able to overcome the giants such as the h&m and the gap zara is a spanish company that deals with clothes. Zara case study: the company where evething communicates paloma díaz soloaga and mercedes monjo zara store in elche, spain zara store in tenjin, fukuoka, japan zara store in the fifht avenue, new york these places which are part of the historic heritage of the cities have been carefully restored.
External stakeholder’s issues facing zara the decision makers who are very vital in the process of making orders are the commercials at hq and store managers there is however some issues that the stakeholders face and these should be addressed. 31 external stakeholders and csr loyal consumers are important stakeholders in a company in addition, they are individual members of society (laughland and bansal, 2011) this reflects the corporate social responsibility (csr) policy of the inditex group. Inditex regularly identifies and reviews its stakeholders once identified, these stakeholders are classified and prioritized according to our own business model based on this prioritization, for each set of stakeholders we develop a relation strategy and set of dialogue tools, which are constantly under review.
Stakeholder categorization “ zara is always striving to meet the needs of its customers at the same time as helping to inform their ideas, trends and tastes the idea is to share responsible passion for fashion across a broad spectrum of people, cultures and ages. Stakeholders engagement the challenges posed by a global supply chain are shared by many stakeholders the positive impact of working together to identify these challenges and seek shared solutions is beneficial to the industry in general and to the development of communities where the group is present.
Stakeholder- a person, group of organizations that has interest or affect the organization or with reasonable interest to a given situation or enterprise stakeholder analysis- tools to identify the needs and concern of various stakeholders.
The impact on the stakeholders entails the fact that most of the suppliers or organization like aha, which is part of the manufacturing process in the factories, is facing the problem in most of the cases, it is important to note the fact that being part of a company like zara the external stakeholders and the suppliers feel privileged. Stakeholders of zara question no1advantages of responsive supply chain of zara a responsive supply chain of zara works collaboratively among the stakeholders to exchange information in a feedback loop in order to produce enough of a product to satisfy uncertain demand.
Zara home uterqüe + sustainable strategy setting and opportunity management materiality analysis creation of social and economic value + our priorities traceability of the supply chain + integrity of the supply chain 1 identification of the supply chain 2 assessment of the supply chain 3 optimization of the supply chain 4 stakeholders engagement 5. Another important outcome is the need for zara to closely monitor those stakeholders that were categorised as ‘context setters’ most notably, major online-only fashion retailers such as asos and zalando deserve management attention.
3 responses to “ zara ” paper 2 patagonia policy politics power privacy research shenzhen shepard fairey social responsibility society stakeholderism stakeholders stakeholder theory steve jobs street art sun chips sustainability technology ted talk the agony and the ecstasy of steve jobs theater this american life value.