Topic > Stakeholder Impact Analysis

Stakeholders are those who are directly or indirectly related to the company and also the company can influence their life positively or negatively. The success or failure of a company can also be the result of its prosperity. For a construction industry, the number and variety of stakeholders are vast. Here construction industry stakeholders are divided into two categories: Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Internal Stakeholders: Internal stakeholders are those who directly interact with the company and collectively associate with any organization to achieve an objective. For a construction industry, internal stakeholders are suppliers (raw materials and machinery), land owners, project teams (architecture, engineers, labor), investors, customers, unions or communities in the same industry. External Stakeholders: External stakeholders are those who are not involved in the business, but the results achieved by any company affect their lives. For a construction industry the external stakeholders are the government, local politicians, local citizens. Construction safety management is an essential endeavor and its implementation requires input from all stakeholders across the strategy and construction phases. When it comes to safety issues, the construction industry is in the most dangerous position. In Bangladesh, construction sites follow a minimum level of safety guidelines regulated by the government. Many unethical practices are found in this industry, whether it is a government project or a private project. And it also has a broader impact on both their external and internal stakeholders. The following graph shows the impact on different stakeholders due to the lack of practices regarding safety procedures: Government The government sets the rules and regulations of any company in any industry. But the question is whether or not companies comply with those rules. The government is always responsible for controlling the standard of use of safety features at any construction project site. Customers Customers are the users of any project you build. If the project was not completed using the security guard, customers may be dissatisfied with the company or project. A trust issue arises in the mind of the client regarding the quality of the building or roads constructed. Local Neighborhood Citizens The lack of a security process can be harmful to local citizens. In rural areas, large commercial buildings are often built without adequate guards and the roads are busy for much of the day. According to Prothom Alo, in 2003 an 8-year-old girl died on her way to school when a brick fell from a wall. apartment under construction.Unions or communitiesMostly the daily works are associated with some union committees. If any of the employees get hurt due to lack of safety issues, a strike could start and work could stop. If construction work obstructs the property or assets of others, it also violates the norms of communism. EmployeesToday, employees are increasingly concerned about their safety during working hours, but many real estate companies do not provide sufficient safety equipment for their jobs. Employees are not skilled enough in using these safety kits. In 2008, during the construction of Irish Noorjahan, the conveyor rope broke while transporting 5 jobs. As a result, 5 of them died on the spot. This accident occurred due to cargo access. Local politicians I.