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Stakeholders - Every Little Helps

Ian Pryer

2nd April 2011

Coming to the end of ‘Understanding the Economic Context’ with Year 10 classes this week, we covered the concept of stakeholders. I found a couple of useful resources related to the issue of proposals for new supermarkets to be built.

Firstly there is an excellent video clip here which shows a number of stakeholder views. How many stakeholders can students spot? And can they identify the lengths supermarkets will go to to win over the stakeholders that could have influence over there plans?

And secondly, here are some articles about a proposed new Tesco to be built in a town 3 miles from where I live.

Article 1
Article 2

The first article is particularly interesting as it reveals that local people have actually lobbied the town council to have the new store come to the town rather than travel to neighbouring towns to do a supermarket shop. This in stark contrast to the public view usually put across in the media.

Having explained the concept of stakeholders, watched the video and looked at the articles together, I set them the challenge of identifying all the stakeholders and anticipating what their views would be, with great results.

Ian Pryer

Head of Economics and Business, Hills Road Sixth Form College, Cambridge since September 2014. Previously at Freman College, Buntingford for four years firstly as an NQT/class teacher and then has Head of Department. Formerly worked in retail financial services for nearly a decade. Husband, father and lover of Watford FC, darts and cooking.

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