Key Stakeholders
Plastic Prone will have various key stakeholders, which are classified into internal and external stakeholders. According to Lumen Learning (n.d.), the definitions of the terms are the following:
Internal Stakeholders entities inside a business
External Stakeholders entities outside a business which are influenced by or concerned with its performance
Then, we will introduce our key stakeholders and their roles.
Our Internal Key Stakeholders
Driver
Sorter
Producer
Seller
Board of Director
CEO
Finance Director
Marketing Director
Program Director
A driver will collect plastic waste from our designated bins at clothing stores and bring them to our warehouse, where a sorter will segregate plastic waste into High-Density Polyethylene (HDPE) and other types. Next, a producer will melt down HDPE to make recycled plastic and flower vases. Then, a seller will offer recycled plastic to companies requiring plastic at a discount price, while she will provide flower vases to companies or consumers directly at a low price. Concerning essential positions in Plastic Prone, you can understand us in detail on the Structure page on our website. We mainly have three departments, that is, finance, marketing, and program development departments, which will enable us to sustain the influential social enterprise. As seen on the Structure page, the Board of Directors and the CEO will manage Plastic Prone comprehensively.
Our External Key Stakeholders
Suppliers
Companies purchasing our products
Customers
Society
Governments
Suppliers will provide us with our designated bins and machines to turn plastic waste into recycled plastic and make flower vases. Additionally, suppliers will sell trees to us because we will grow one tree for every ten vases sold. Companies purchasing our recycled plastic or flower vases will contribute to sound effects on the environment and our profits, while customers will purchase flower vases, impacting the environment and our profit positively. Society will get advantages and motivations from us. Also, governments will hope that we will pay taxes as well as follow laws, while they will have an interest in our contribution to decreasing the amount of plastic waste.
All employees and employers in Plastic Prone
Suppliers of our designated bins and machines
Suppliers of plants
Companies buying our products
Customers
Society
Governments
Key Partners
Plastic Prone will form strong partnerships to deal with plastic waste issues actively. According to Higgins and Esselman (2010), the definition of the term is following:
Partners entities that hope to collaborate with a business and have similar goals to it
Partners can be stakeholders at the same time.
Then, we will introduce our key partners and their roles.
Our Key Partners
Clothing Retail Stores
Other Social Enterprises
Information Providers about plastic waste issues
Some clothing retail stores will agree with our view and set our designated bins at their shops. And then, Plastic Prone collect plastic waste from the bins, which enables our partnerships to recycle plastic. The clothing retail industry remarkably tends to waste plastic, so recycling plastic waste from the industry will have the possibility to ameliorate plastic waste issues dramatically.
Also, there are many social enterprises dealing with plastic waste issues in Australia. However, Sustainability Victoria (2022) reveals that Australians consume 10 million plastic bags every day and frequently use other types of packaging made from plastics. Moreover, according to BPF (c. 2022), only 14 % of plastics are recycled in Australia, which tends to be less than in other developed countries. To change the status quo, Plastic Prone will build partnerships with other social enterprises such as Plastic Forests.
Moreover, many social enterprises contributing to plant conservation can be seen in Australia, while Plastic Prone plans to sell flower vases made from plastic and plant one tree every ten flower vases sold. According to Sharrock and Jackson (2016), plant conservation indirectly or directly has effects on the achievement of all SDGs. Therefore, Plastic Prone will become partners with social enterprises with a contribution to plant conservation and aim at reaching the SDGs totally.
Information providers will literally offer us information about plastic waste issues, which will help us deal with recycling plastic more effectively and consistently. For example, DAWE (2021) states that the National Packaging Targets by 2025 include two goals concerning recycling as follows: 70% of plastic packages being recycled or composted and 50% of average recycled things included in packages (20% for plastic packages). Based on essential information, Plastic Prone will continue to run our business, which will affect information providers positively.
Clothing Retail Stores
Social Enterprises decreasing plastic waste
Social Enterprises contributing plant conservation
Information Providers about plastic waste