Successful entrepreneurs understand their business must remain strong or everyone in the organization will be out of a job. They need to recruit and retain strong team members and develop delegation

Successful entrepreneurs understand their business must remain strong or everyone in the organization will be out of a job.  They need to recruit and retain strong team members and develop delegation skills.  Essentially, you will never catch an entrepreneur saying that’s not MY job!

• Discuss Internal Stakeholders and provide specific examples:
  • Who are the major stakeholders who work within (internal) the business?
  • Discuss several retention strategies aimed at keeping these key players on the team.
• Discuss External Stakeholders and provide specific examples:
  • How do suppliers and vendors support the business’ competitive strategies?
  • Does a deep dependency of external stakeholders put businesses in a vulnerable position?  What can they do to avoid being under the ‘control’ of external suppliers/vendors?
  • PLEASE INCLUDED REFERENCES!