Who are your stakeholders?

- In business, every decision,…big and small has an impact.…Decisions can result in consequences…we anticipated or they can sometimes…take us in directions we never considered,…impacting things we never imagined.…As humans, most often we've tend to first consider…how things will impact us individually.…Next, we may begin to consider the impact on those we know.…Those we care about. And those we have to answer to.…In business, those who will be impacted…by the decisions we make, they're called stakeholders.…

And as a business manager, it's your job to consider…all known, as well as all possible stakeholders.…In science there's a phenomena…known as the Butterfly Effect.…It's the idea that a small and seemingly…insignificant action can result in a large action.…Picture a butterfly.…When a butterfly flaps its wings…the flapping impacts the air.…And that in turn moves and changes the environment in a way,…that could potentially influence global weather patterns.…The idea makes us think, what would've happened…if there was no butterfly.…