Essay on Stakeholder Analysis- Fracking - 803 Words

BA 3102 February 12, 2012 Stakeholder Analysis Pursuing hydraulic fracturing as a top manager of Chevron, I will describe the dilemmas that are associated with fracking. The first problem with this procedure is finding the appropriate land and leasing it from the landowners. With talk around the country, it can be difficult finding land because of landowners’ personal experience with the practice of hydraulic fracturing. In southwestern Pennsylvania there have been cases of animal birth defects, faucet erosion, stomach pains, and other health issues; in response, according to the New York Times, â€Å"Range Resources maintains that a D.E.P. study from 2010 indicates no air pollution of any kind† (Griswold, 2011). The country is torn in†¦show more content†¦Also established are the interests of each stakeholder. With the general public interests being in their health, voting is one power they could use to voice their concerns. Environmentalists and the D.E.P. are interested in the pollution fracking is caus ing and the D.E.P. could use their legal power to help regulate the pollution. The concerns of the shareholders are the profits of the company and voting is their power they could use to fix problems within the organization. With the power of economics, the owners are interested in the success of the company. The media is concerned with the public knowing both sides of the issue. Lastly, one main interest in the government is the reconstructing of the economy and what hydraulic fracturing could create in jobs. The stakeholders that are most likely to resonate with the public are the general public, media, and the environmentalists. With media producing stories of the public being affected by the pollution and the environmentalists undergoing studies on the environment, this could create a negative image on fracking companies. Considering all the stakeholders, the one stakeholder that holds the most urgency is the general public that is being affected. The general public is the most urgent because they are being victimized and their voices are being heard throughout the country which is causing confrontational issues. DifferentShow MoreRelatedFracking : A Ethical Issue By Using The Act Utilitarianism Approach1151 Words   |  5 PagesAfter analyzing the benefits and drawbacks of fracking, this paper attempts to address this ethical issue by using the act-utilitarianism approach. The first reason for using this approach, instead of Respect for Persons and Virtue Ethics, is because utilitarianism strongly supports the impartiality feature. Impartiality is paramount in this fracking case because there are lots of both direct and indirect stakeholders at stake. 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