Understanding Stakeholders
Curriculum Context
Subject: BTEC Tech Award in Enterprise (Pearson, 2022 Spec)
Year Group: Year 11 (Ages 15–16)
Lesson Duration: 60 minutes
Component: Component 1 – Exploring Enterprises
Learning Aim A: Understand how and why enterprises and stakeholders are successful
Learning Objectives:
By the end of the lesson, students will be able to:
- Identify different stakeholder groups: owners, managers, employees, lenders, government, customers, and suppliers.
- Explain the interests and influence of each stakeholder group in a small or medium-sized enterprise (SME).
- Apply stakeholder theory to a real-world case study enterprise.
Resources Needed:
- Whiteboard and markers
- A3 paper and coloured pens
- Printed stakeholder scenario cards (7 types)
- Case study handout (e.g. Greggs PLC or a fictional local business)
- Post-it notes
- Digital timer or stopwatch
- Printed exit tickets
Key Vocabulary:
- Stakeholder
- Interest
- Influence
- Internal stakeholder
- External stakeholder
Big Question:
"Can a business keep every stakeholder happy?"
Starter Activity – 10 mins
Activity: Stakeholder Snap!
- Students are handed a random “Stakeholder Card” on entry, each card representing: owner, manager, employee, lender, government, customer or supplier.
- On the board, display a series of business actions, e.g. “The business raises prices”, “The business delays staff wages”.
- As each action is read aloud, students with stakeholder cards that would be affected must stand up and shout “Snap!”.
Purpose: Create immediate engagement and connect students emotionally with the topic.
Key Questions & Answers:
- Q: Why did you shout ‘Snap’ for that action?
A: Because that change would affect my stakeholder role (e.g., as a customer, I'd have to pay more).
Guided Teaching – 15 mins
Topic: Introduction to Stakeholders
Using slides or a whiteboard, explain:
- Definition: A stakeholder is anyone with an interest in or influence over a business.
- Grouping: Internal (owners, managers, employees) vs External (lenders, government, customers, suppliers).
- For each, explain:
- What they want from the business (INTEREST)
- How they can impact the business (INFLUENCE)
Example:
- Customers: want good quality and fair prices (Interest); can leave bad reviews or stop buying (Influence)
Real-World Link: Mention Greggs increasing its vegan options to respond to customer demand.
Key Questions & Answers:
-
Q: Is the government really a stakeholder?
A: Yes, because they collect taxes and set laws that the business must follow.
-
Q: Who do you think is the most powerful stakeholder?
A: It depends on the situation. Owners control the business, but customers can boycott it.
Activity – 20 mins
Title: Stakeholder Web Challenge
Instructions:
- Students work in groups of 4–5.
- Each group draws a large web (spider diagram) with a fictional or real SME in the centre.
- Around the web, they place each stakeholder and connect them using arrows to show:
- What they want from the business
- How they might be in conflict with another stakeholder
💡 Encourage conflict discussion: e.g. “Employees want higher wages” might conflict with “Owner wants higher profits”.
Stretch & Challenge:
- Can you show how a single business decision affects at least three stakeholders?
- Rank stakeholder importance and justify.
Teacher Role:
- Circulate and ask probing questions:
- What happens if stakeholder A is ignored?
- Which stakeholder might be most loyal in a crisis?
Mini-Plenary – 5 mins
"Stakeholder Switcheroo"
- Teacher calls out a stakeholder (e.g. "Supplier").
- Students must shout back:
- Their Interest (e.g. “To be paid on time”)
- Their Influence (e.g. “Refusing to deliver materials”)
Purpose: Reinforce speed of recall and understanding.
Application – 7 mins
Case in Focus: Local Business Case Study
Hand out a simple scenario of a fictional local enterprise (e.g. “Jade’s Cakes”, a small bakery).
- Students are to answer on mini-whiteboards:
- “Which stakeholder is most likely to support Jade if she opens a second shop?”
- “Which stakeholder might be worried?”
- Discuss answers as a class.
Exit Ticket – 3 mins
Hand students an exit ticket with the prompt:
“One stakeholder we looked at today is ____. They are important to a business because _____.”
Teacher collects or students stick to the ‘exit wall’ on the way out.
Assessment for Learning:
✔ Observation during activities
✔ Group work contributions
✔ Responses in Stakeholder Switcheroo
✔ Quality of case study responses
✔ Completed exit tickets
Homework / Extension:
Choose one of the stakeholders: Write a short paragraph from their point of view outlining what they expect from a business and how they’d react if they were disappointed.
Possible Misconceptions:
- That customers are always the most important stakeholder
- That stakeholders never disagree
- That external stakeholders don't impact daily decisions
Clarify with examples, e.g. a bank withdrawing a loan can shut down a business.
Support and Differentiation:
For SEND / Lower Literacy:
- Use pictorial stakeholder cards
- Sentence starters for exit ticket
- Pair students for activities
For High Achievers:
- Additional challenge cards with ethical dilemmas:
“What if paying employees more means charging customers more?”
SMSC and British Values Link:
- Mutual respect and tolerance – considering different stakeholder views.
- Democracy – stakeholders like customers affect market choice.
- Rule of law – the government’s role in regulating business activity.
Reflection for Teacher (Post-Lesson Prompt):
- Were students able to identify and explain stakeholders confidently?
- Which stakeholder links did they find most challenging?
- Did the group work bring out the dynamic between interests and influence?
Wow Factor Reminder:
- Stakeholder Snap gets them moving and engaged right away
- Rich visual mapping activity strengthens understanding
- Real-world application through case studies
- Exit ticket provides instant feedback on learning
This active, student-centred lesson makes a vital theory in business relatable and thought-provoking for Year 11 learners!