Stakeholder Analysis of Huawei in Foreign Market
|School||Beijing University of Posts and Telecommunications|
|Keywords||Huawei Stakeholders Classification of Stakeholders Stakeholders Management Strategy|
Since entering into the 21st century, Huawei which is the biggest telecom equipment manufacture in China have been active in exploring the foreign market. With the rapid increase of revenue from foreign market, the foreign market development of Huawei has also encountered more and more trade protection from local countries. By analyzing the stakeholders of Huawei, it can help the enterprise to classify the stakeholders and find better management methods to deal with the relationship with the stakeholders. The purpose of having stakeholder management is to gain more support from the stakeholders and reduce the risk of operation in foreign countries for the enterprise.The paper involves the stakeholder theory to analyze the main stakeholders of Huawei and provide the management strategy to manage different stakeholders. The paper firstly introduces the principle theory of stakeholders. Then, the paper chooses the theory of Mitchell to classify the stakeholders and the theory of Savage to find the management strategy to manage the stakeholders of Huawei.The purpose of stakeholder analysis is to identify the main stakeholders who can have a big influence on the development of the enterprise. Then we need to classify the stakeholders and find the suitable management methods to different stakeholders. By analyzing the stakeholders, it can help Huawei to have a long-term corporation relationship with the stakeholders and realize the mutual and harmonious development.