Taiga Company

Stakeholders: Usually thought of as a corporate term used to define employees and investors most affected by a decision.

While true, this view only represents a very small slice of the total spectrum.

In our personal and professional consulting, Taiga Company works with businesses and individuals to expand the traditional view of stakeholders to include any group or individual associated with change.  

In building business sustainability or simply creating a more sustainable lifestyle, the choices we make directly and indirectly affect our financials, social surroundings, and the environment in which we live.

Direct stakeholders are defined as any person, group, or entities that have a direct relationship with us.  These include:

Financial Stakeholders:

• Shareholders – Returns
• Partners – Investment
• Employees – Job status
• Customers – Delivery and quality of product
• Suppliers/Contractors – Contracts

Social Stakeholders:

• Local Communities – Impact to way of life
  
• Friends/Family – Personal welfare
  

Environmental Stakeholders:

• Natural Environment – Change to current state
  
• Non-human species – Impact to way of life
  

Indirect stakeholders are persons, groups, or entities who have a stake in the outcome, but don’t necessarily have a direct relationship.  These include:

Financial Stakeholders:

• Investment Community – Financial impacts
• Industry Peers – Implications to similar situations
• Trade Organizations  – Implications to business segments

Social Stakeholders:

• Government – Legislation
• Civil Society – Impact to way of life
• Media – News reports

Environmental Stakeholders:

• Environmental Organizations – Legislation, eco awareness
• Future Generations – All of the above

Something to remember: Anyone who thinks they are a stakeholder – Is a stakeholder. 

In buiding a sustainable business, our personal and professional consulting can guide you through the process of extracting the most value from your direct relationships and positively impacting those tied to the outcome of your decisions.