McMillan Sugar Limited is a supplier of sugar and other derivatives. The company wasestablished in 1931 in Eastern Europe and has since expanded to other parts of Europe, Asiaand America. The company has been growing steadily. From 1940 to 1985, the companyregistered 1.5 Trillion US dollars in revenues. These revenues were mainly generated throughthe genius design of its supply chain. The company managed to secure a constant supply ofsugar cane by co-opting major sugar cane producers (farmers) to become shareholders in thecompany. This enabled the company to control the inflation of sugar cane price. Indeed, themajor farmers were not willing to increase the price of sugar cane, which would have anadverse effect on the company in which they were shareholders. McMillan Sugar Limitedbecame a leading brand in the sugar industry and in 2003 it was listed as the best performingcompany in the Eastern Europe. This success came as result of various strategic decisions.Firstly, the company instituted aggressive advertising strategies. By the end of 2010, thecompany had spent 850 Trillion in advertisement mainly through TV and Billboard adverts. Inaddition, the company instituted innovative distribution channels. In this case, the companyintroduced the JIT (Just in Time) production process. This process entailed linking theproduction system to the major distributors systems. Hence, the company was only producingwhat their clients needed at a specific time. This reduced the inventory and distribution costs.In addition, the company embarked on social media advertising which posed to generate anextra 1 billion income by the end of 2019. The company also relies on its managerialcompetencies and management style. Over the years, the company managed to attract bestengineers to look after the manufacturing plants. In addition, it has adopted an agilemanagement style to enable the company to respond to the market needs. However, the currentglobal call to increase the tax on products that contain sugar content is seen as a majorhindrance to the company’s growth. There has been may calls from interest groups lobbyinggovernments to ban the activities of companies involved in sugar production. Currently, thecompany does not have an established corporate relations department neither has it beenengaged in any activities related to Corporate Social Responsibility. Moreover, the companyhas been focusing on major retailers in the sugar industry and ignoring small farmers who havea significant influence in the communities and in the government through various lobbyinggroups. There is also an increase in groups and associations of small farmers who are eager tohave market share and hence threaten the sustainability of the company. McMillan SugarLimited however remains positive that all these challenges will pass. The company is foundedon 3 principles; of Authority and Responsibility, Continuity as well as efficiency.
Q: Based on the four quadrants of Mendelow’s Stakeholder Mapping Matrix:a. Identify and categorise (using internal and external categories) all the McMillan SugarLimited’s stakeholders. Please discuss providing examples from the given case the rationalefor your identification and categorisation of each stakeholder.
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