After completing the quiz I felt that my result was pretty accurate towards my stance on politics: neutral. I hold a mix of conservative and liberal views and as a result have no true political standing yet, which I think that this does reflect with my personal values as well. As demonstrated in my quiz results I have a very moral stance when it comes to politics. I support activity that protects the environment and social equality, which are values that I actively display in my life. While this lack of political definition may seem like a weakness, as I analyzed the connection and influence of politics and management I realized that maybe it could be seen as a strength. If personal political preferences shape people’s behavior and activities, how could they shape a corporation from a management position?
I had never considered the influence of political opinion on a manager’s decision-making, but now I truly believe that it can have a huge influence. A main way that I saw political opinion shaping decision-making of managers was in the context of keeping stakeholders in mind. Although a perfect stakeholder model calls for corporation’s to keep in mind the interests of all of their stakeholders, this is not always possible in a realistic situation. As a result corporations may have to weigh the importance of each stakeholder for them. But how does manager choose which stakeholders to value over others? This is where I believe political preference can come into play. Hypothetically let’s say that there is a manager at a large company who has a political preference towards supporting poor people, but has no passion towards protecting the environment. Through his position the manager may establish company actions that keep his political preference in mind, such as donating company money to food kitchens. As a cost, the company focussing their stakeholder efforts on helping the poor may cause a lack of focus on decreasing the environmental-impact caused by the company’s manufacturing. Keeping stakeholders’ interests in mind can be a cost, and for a company they can not always afford to address every interest.
After my analysis of how political preference can influence managerial activity, I have come to the conclusion that it is crucial for corporations to establish a company stakeholder focus that they can stay true to. Similar to Freeman stating that stakeholder theory must be integrated into organizational structure, this stakeholder focus must be an integral part of the company’s beliefs. By having corporation values that can be followed and supported by all company members, I believe that the possible influence of political preference on managers can be reduced.