By Sam Mishra, Adjunct Faculty, Sawyer Business School, Suffolk University, Boston
Stakeholders, as opposed to stockholders who are owners of a corporation, are those who have some kind of stake or vested interest in the corporation. Stockholders are stakeholders in a company, non-stock owning employees are also stakeholders in a company, and a company’s customers are also its stakeholders.
Organizations which cater to the desires and interests of stakeholders end up serving the stock-holders in terms of higher market capitalization! If you want to learn more on why this is such a good idea (as opposed to serving only the owners / stock-holders), please feel free to take my grad level course on Technology Strategy, which I currently offer in Summer and Fall semesters in Sawyer Business Schook, Suffolk University, Boston.