ACCA Applied Knowledge · Business and Technology · Stakeholders in business organisations
Which of the following is a recognised limitation of Mendelow's power-interest matrix when used to plan stakeholder management?
A recognised limitation is that the matrix is a snapshot, so positions may change over time, and that assessing power and interest is subjective. It does map many stakeholders and does consider power, so those statements are incorrect.
- AIt cannot be applied to more than one stakeholder at a time
- BIt gives a snapshot that may need updating, and the assessment of power and interest is subjectiveCorrect
- CIt ignores the concept of power altogether
Explanation
The matrix classifies stakeholders at a point in time, and judgements of power and interest are subjective and can change as issues develop. It can be applied to many stakeholders and explicitly uses power, so the other options are wrong.
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