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  • Essay / Stakeholder Impact Analysis

    Stakeholders are those who are directly or indirectly related to the business and the business can also influence their lives in a positive or negative way. The success or failure of a business can also be a result of its prosperity. For the construction industry, the number and variety of stakeholders are vast. Here, players in the construction sector are separated into two categories: Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get the original essayInternal Stakeholders: Internal stakeholders are those who are directly worked out with the business and also collectively partner with any organization to achieve a goal. For a construction industry, the internal stakeholders are the suppliers (raw materials and machines), landowners, project team (architectures, engineers, works), investors, customers, unions or the construction community. same sector. External Stakeholders: External stakeholders are those who are not. involved in the business, but the results obtained by the companies have an influence on their lives. For a construction industry, the external stakeholders are the government, local politicians and local citizens. Managing safety in construction is a critical effort and its achievement requires input from all stakeholders throughout the strategy and construction phases. When it comes to safety issues, the construction site industry finds itself in the most dangerous position. In Bangladesh, construction sites follow a minimum level of safety guidelines regulated by the government. Many unethical practices are observed in these industries, whether it is a government project or a private project. And it also has a broader impact on their external and internal stakeholders. The following table shows the impact on different stakeholders due to lack of practices in safety procedures: GovernmentThe government sets the rules and regulations of any business in any industry. But the point is whether or not companies obey these rules. The government is still responsible for inspecting the standards for the use of safety features on any construction site. Clients Clients are the users of any constructed project. If the project was not completed with the help of a security guard, clients may be unhappy with the company or project. A trust issue arises in the mind of the client regarding the quality of the building or roads constructed. Citizens of the local neighborhood. Lack of security processes can harm local citizens. In rural areas, large commercial buildings are often built without proper guards and the roads are busy most of the time. According to Prothom Alo, in 2003, an 8-year-old girl died while going to school because of a brick that fell from an apartment under construction. Unions or community Most daily work is associated with a union committee . If one of the employees is injured due to lack of safety, they can go on strike and work can stop. If construction work interferes with other people's property or assets, this also violates the regulations of communism. EmployeesToday, employees are increasingly concerned about their own safety. during their working hours, but many real estate companies do not provide enough safety equipment for their jobs. Employees are not.