
“Stakeholder Satisfaction: Tradeoffs are Inevitable”
One of the great things about returning to the classroom is that if what I teach to my students is timely and relevant, it should also be valuable to readers of this column. So, periodically, I will take you “inside my classroom” and share with you what I am discussing with my students. As I introduced my MBA students to strategic management, one of the important concepts we addressed was to be sure to consider the various stakeholders of your business when making strategic decisions and understanding that some of