Over the years, industrialization remains to be one of the key factors that promote growth within various cities and towns. It is evident that the city of Reedville was following suit by the construction of a shopping mall. However, the projects tend to stop because of conflicting issues from stakeholders. The key stakeholders in relation to the case study include the city mayor, city manager, the community at large, and the builder’s company. One of the reasons that brought the project to a standstill is the unconducive economy. For a viable project, there must be signs of obtaining returns from it (Singh, 2015). However, as per the construction of the mall in Reedville, most investors were unable to cope with the thrift. They evacuated from the stalls, thus hindering the progress of the mall construction. Moreover, an issue on bankruptcy disqualified Akomo’s builder’s company from carrying on with the project.
The community at large also being key stakeholders for the project, contributed to the project’s early termination before completion. The locals were purely against the mall’s construction since Reedville being a small city, would face traffic congestion out of the people accessing the mall. Nonetheless, the presence of a mall in the small town would consequently lead to an increase in the crime rate that would arise from idlers around the mall and disturb society’s peace. Considering those who would benefit from the upcoming galleria was one of the methods used to identify stakeholders (Singh, 2015). The city’s governance would be among those who benefit massively due to increased collection of tax from the new businesses in the town and attraction of tourists from other cities. On the other hand, the community at large would also benefit since they would also enjoy the new restaurants and other facilities such as gaming centers in the mall.
Considering those who would get hurt because of constructing the plaza was also a means of getting to know stakeholders. Concurrently, the community at large would also fall in this category, thus making them key stakeholders of the proposed project. The locals would probably get hurt since an increase of traffic in the area would cost their time in daily activities. Furthermore, an increased population in the area resulting from accessing the galleria would lead to an increased crime rate and noise pollution. Government officials such as the mayor and city manager were termed as stakeholders, too, since they are the ones with the power to approve the continuation of the project or not (Singh, 2015). However, despite holding such office powers, locals have the right to peacefully riot against the decisions they make and demand a hearing of their will as they did with the earlier project in Reedville when Russ Williams the mayor bypassed the community’s will and approved the mall’s construction out of his judgment.
The building management firm also got classified as the last category of shareholders. It is via the management that the public would be enlightened on the importance of such infrastructure within their locality. Moreover, the management should also go a step further and request the government to plan to extend the city’s lanes to manage traffic. Nonetheless, the building company would also profit from winning the tender to construct the mall since it’s a form of employment to them.
Involving the public can be one of the reasons that lead the locals to support the project. Contrary to what the mayor did earlier, society desires to be involved in developing their town to promote transparency in using funds. Moreover, it is the citizens’ democratic right to be involved in such projects since the funds are generated from their tax (Martinelli & Milosevic, 2016). Nonetheless, it involves involving community members that will help answer their uncertainties, such as solving congestion of traffic after the project is complete. An increase in the city’s economic activities after completion of the projection is the key factor motivating the government to support the project. It is the mayor’s role to ensure that the city develops economically during his time in office. On the other hand, the building firm being a party interested in the project as a source of employment is a key factor in motivating them to support the commencing of the works.
According to the case study, there lie two forms of theories among the project parties. The first theory is the motivation theory, which primarily focuses on goal achievement in the mall’s completion. While the second being the stakeholders’ theory primarily focuses on the parties’ distinctions concerning the project at hand. As per the scenario given, society’s main goal of interest is to ensure peace and harmony despite the project’s completion. That gets us back to a good flow of traffic and no crime escalation within the city (Singh, 2015). While on the other hand, in terms of economic growth, the government needs the facility to attract more tourists and businesses to get huge economic flow. Despite educating the public, the building firm also has primary interest regarding the project since it will act as their source of employment.
Contrary to the initial theory, the stakeholder’s theory tries to consider each of the parties involved within a business (Getz & Niekerk, 2019). Consequently, bringing about the virtue of ethical terms as a guiding factor to make decisions concerning an enterprise or project. According to the given case study, it would be unethical for the government officials to approve the project’s continuation without developing means of controlling future traffic and crime rates in Reedville since it would disadvantage the locals. Hence, it is morally upright to rule out motivation theory as unacceptable speculation to follow in terms of deciding whether the project should carry on or not. Therefore, for each party’s serene environment and satisfaction, the stakeholder’s management theory proves to be the most logical in the application of project continuation or not.
Getz, D., & Niekerk, M. V. (2019). Event stakeholders: Theory and methods for event management and tourism.
Martinelli, R. J., & Milosevic, D. Z. (2016). Project management toolbox: Tools and techniques for the practicing project manager. John Wiley & Sons.
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Singh, H. (2015). Mastering project human resource management: Effectively organize and communicate with all project stakeholders. Upper Saddle River, NJ: Pearson Education LTD.Bottom of Form