The Frost Report does Stakeholders

Here’s an approach to teaching stakeholders that has worked really well for me recently…

As preparation, I had explained the concept of stakeholders and how important stakeholders were to a business and showed a short video to affirm their knowledge (there is a fantastic 4 minute clip here)

I put the class into 3 groups of 7 or more.  I then explained that 2 people were starting up their own bakery and needed to consider their stakeholders, their interests and (the clincher) how important each individual stateholder was.  The other team members were given a stakeholder each and told to spend 5 minutes preparing a 2 minute presentation to the owners of the new bakery on what they were interested in the business and how important they were to the new set up.

The new bakery owners then had to decide their top 3 most important stakeholders and why.

I then used the tutor2u worksheet on stakeholders as a home learning task to affirm the knowledge and understanding

The results were a cross between a dragons den pitch and the Frost report sketch (below) (which I showed at the end).

Rising to the top of the milk [22 May 2012]
Shareholder conflict: the story so far – and its relevance to evaluation [10 May 2012]
Shareholders join the Pressure Groups as Banks Feel the Heat from Stakeholders [27 Apr 2012]
Vodafone and Cable and Wireless Worldwide [25 Apr 2012]
Vodafone takes over Cable and Wireless Worldwide [23 Apr 2012]
Revision Presentation - Mission, Aims, Objectives and Stakeholders [7 Apr 2012]
Business legislation, Sunday trading, stakeholders and the Olympics [18 Mar 2012]
BUSS4 - Bullet point 5 the impact on stakeholders [17 Feb 2012]
Glenstrata - Glencore proposes merger with Xstrata [3 Feb 2012]
Leadership - Tough decisions to turn Starbucks around [29 Jan 2012]
Still more praise for the “John Lewis model” [17 Jan 2012]
Stakeholders argue over executive pay [23 Nov 2011]
Banana Smoothies & Interest Rates [5 Nov 2011]
Car Wars - VW v Greenpeace [17 Oct 2011]
Lesson activity - the Dyson Debate [29 Sep 2011]
Stakeholders gripped by the bad news coming from BAE Systems [28 Sep 2011]
The Case for Transformation [29 Jul 2011]
Shareholder power at Tesco [31 May 2011]
Your suggestions for new Business Studies resources & training [9 May 2011]
Does reform of corporate governance only mean ticking a list of boxes [5 May 2011]
Stakeholders - Every Little Helps [2 Apr 2011]
CSR - All Change at BP: New Era, New Responsibilities [12 Mar 2011]
Dont make a hash of it! Using hash tags on Twitter [15 Feb 2011]
CSR - The Classic Milton Friedman Clip [5 Feb 2011]
The Year of Corporate Philanthropy [31 Jan 2011]
How technology is changing the recruitment process [17 Jan 2011]
Stakeholder or shareholder: who matters most? [28 Dec 2010]
Q&A - Outline the ways in which a business can better manage stakeholder conflict [28 Dec 2010]
Q&A - Why might the objectives of stakeholders be in conflict? [28 Dec 2010]
Starter / Plenary Activity - The Business Studies Categories Game [6 Dec 2010]
tutor2u on Smarta - An Interview with Jim [18 Oct 2010]
Insights from an Entrepreneur - Fraser Doherty (SuperJam) [10 Oct 2010]
Lesson Worksheet - Aims & Objectives of Business [29 Sep 2010]
My Visit to Smarta.com [27 Sep 2010]
Tutor2u on Facebook [24 Aug 2010]
Essential business reading for the summer! [5 Aug 2010]
Gearing Up for BUSS4 [6 Jun 2010]
Silence is Golden for the Tesco Nuns [2 Jun 2010]
Airlines founder plans a shareholder revolt [16 May 2010]
How to make a million before lunch! [12 Apr 2010]
Sustainable sourcing - Unilever and the Palm Oil Problem [27 Mar 2010]
BUSS4 and British Airways - a marriage made in heaven [1 Mar 2010]
Management pay is squeezed during the recession [27 Feb 2010]
Cash management becomes a strategic priority during the recent recession [22 Feb 2010]
AQA BUSS4 Section B Practice Question - BAA & the Heathrow Third Runway [7 Feb 2010]
Stakeholders in action - the Bournville demonstration [28 Jan 2010]
Stakeholders in the Trump Golf Battle [5 Jan 2010]
Video case study - technology transforms the checkout [27 Dec 2009]
AQA BUSS1 & BUSS3 - Intensive Revision Student Conferences December 2010 [12 Dec 2009]
Offshoring and Small Businesses [3 Dec 2009]
T2U and the Theatre of Dreams [3 Nov 2009]
Teaching Activity on Startups - Mini Briefs [7 Oct 2009]
Meet the Young Entrepreneur of the Year 2009 [30 Sep 2009]
Wipeout - Team Challenge (4) [18 Sep 2009]
Business Week in Pictures [5 Sep 2009]
Analysing the Market - Download Tim Richards CEO Presentation [2 Sep 2009]
AQA AS Business (BUSS1) - Recommended Websites (2009/10) [27 Aug 2009]
Edexcel A2 Business Unit 4a - Brompton Bicycles [26 Aug 2009]
Is Friends Reunited in freefall? [2 Aug 2009]
Business angels take flight - just when small businesses need them [12 Jul 2009]
A Mars A Day The Original Recipe Way [28 Jun 2009]
Tracking the progress of three new start-ups [21 Jun 2009]
Mike Southon at the Business Teacher National Conference - Friday 19 June 2009 [4 Jun 2009]
Sources of finance - the bank overdraft rip-off [28 May 2009]
Video resource: Panorama on the Coal Industry [13 May 2009]
Q&A - What are stakeholders? [1 May 2009]
Video case study - Wind turbine production is stalled [1 May 2009]
Starbucks Strategy Video - Workshop Material [30 Apr 2009]
OCR 2880 (ACE) - Farnborough Airport Seeks Expansion [20 Apr 2009]
Social networking and the product life cycle [5 Mar 2009]
Discovering economics & business blogs [13 Feb 2009]
How healthy is my business? [3 Feb 2009]
A Devastating Blow for the Irish Economy [8 Jan 2009]
A Great New Business Studies Visit - Chelsea FC [5 Jan 2009]
Bracing ourselves for a series of retail business failures? [21 Dec 2008]
Sponsoring a Premier League club shirt - a cursed marketing activity [20 Sep 2008]
Business Studies and Chelsea FC [9 Sep 2008]
Conference Report - Superjam (1) [9 Jul 2008]
New textbooks for AQA AS Business Studies [8 Jul 2008]
BTEC First versus GCSE Business [26 Jun 2008]
Chelsea FC and Business Students - A Request for Help [17 Jun 2008]
AQA AS Business Unit 1 - Recommended Reading List [31 May 2008]
Fraser nominated to experience the sweet taste of success - again! [20 May 2008]
A New Digital Course Companion for AQA AS Business Studies Unit 1 [19 May 2008]
Funerals enter the digital age and kick up an ethical storm [31 Mar 2008]
Tesco creates waves in seaside holiday town [25 Mar 2008]
Local councils may takeover struggling post offices [8 Mar 2008]
Can you guess - what is Britain’s fastest-growing sport? [4 Mar 2008]
What do the record profits of Royal Dutch Shell tell us? [31 Jan 2008]
An important new report on Corporate Social Responsibility (CSR) [28 Jan 2008]

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