Group 7
Group 7
Lazada’s online shopping platform works with the motto of ‘setting the pace for a retail revolution’. They have
gained immense prevalence in countries like- Malaysia, Indonesia, Philippines, Thailand, Vietnam, and of
course, Singapore. Their main objective is to connect to diverse regions through their technological advanced
logistics and payment capabilities.
LAZADA
MANAGEMENT MANAGEMENT
SUPPLIERS
EMPLOYEES MANAGEMENT CUSTOMERS
AND
PARTNERS
GOVERNMENT AND
IT PRODUCT
INVESTORS AND REGULATORY
DEPARTMENT MANAGERS
SHAREHOLDERS BODIES
PARTNERS
When conducting a stakeholder analysis for Lazada's e-commerce system, internal stakeholders
would include:
1. Employees: Various teams and individuals within the organization, such as developers,
designers, marketers, customer service representatives, and managers, all contribute to the
operation and success of the e-commerce system.
2. Management: This includes executives, department heads, and team leaders who make strategic
decisions regarding the e-commerce system's direction, resource allocation, and overall
management.
3. IT Department: The IT team is responsible for maintaining and updating the technical
infrastructure of the e-commerce platform, ensuring its security, reliability, and performance.
4. Product Managers: These individuals oversee the development and improvement of specific
features or aspects of the e-commerce system, ensuring that it meets the needs of both the
company and its customers.
5. Operations Team: This team manages day-to-day operations related to the e-commerce system,
including inventory management, order fulfillment, and logistics.
6. Finance Department: Finance professionals are concerned with the financial performance of the
e-commerce system, including revenue generation, cost management, and profitability analysis.
7. Legal and Compliance: These stakeholders ensure that the e-commerce system operates within
legal and regulatory frameworks, addressing issues such as data protection, consumer rights, and
intellectual property.
8. Quality Assurance/Testers: Responsible for ensuring the quality and reliability of the e-commerce
system through testing and identifying any bugs or issues that need to be addressed.
Understanding the needs, expectations, and influence of each of these internal stakeholders is
crucial for effectively managing and enhancing Lazada's e-commerce system. This analysis can
inform decision-making processes, resource allocation, and communication strategies within the
organization.
These stakeholders have different interests and concerns, and Lazada needs to manage its
relationships with them effectively to achieve its goals and maintain its reputation.
Stakeholders Associated with Lazada E-Commerce System:
External stakeholder:
External stakeholders of Lazada, who have an interest in the company but are not directly
part of its internal operations, include:
1. Customers: customers are crucial stakeholders whose satisfaction and loyalty are
essential to Lazada's success.
2. Suppliers and Partners: Companies and individuals who supply goods, services, or
technology solutions to Lazada are external stakeholders with a vested interest in the
company's performance and growth.
3. Investors and Shareholders: Individuals, institutions, or entities that have invested capital
in Lazada and own shares in the company are external stakeholders who monitor its
financial performance and expect returns on their investment.
4. Government and Regulatory Bodies: Lazada must comply with various laws, regulations,
and standards set by government agencies in the countries where it operates, making
these entities external stakeholders with oversight responsibilities.
5. Competitors: Other e-commerce platforms and retailers are external stakeholders who
compete with Lazada for market share, customers, and resources.
6. Media and Public: Journalists, bloggers, influencers, and the general public are external
stakeholders who can influence Lazada's reputation through media coverage, reviews, and
social media discussions.
Internal Stakeholder
1. Employees:
2. Management:
Roles: Decision-makers, strategic planners, ensuring operational efficiency.
Interests: Profitability, market share growth, brand reputation.
Expectations: Meeting financial targets, maintaining competitive edge, innovation.
Potential Impact: Significant, as their decisions shape the direction and performance of
Lazada.
3. IT Department:
potencial Impact: Critical; system downtime or security breaches can disrupt operations
and erode customer trust.
2. Product Managers:
Expectations: Regular updates on system improvements, alignment with market trends, and timely
delivery of features.
Impact: Influential; system features and enhancements directly affect product success and
customer satisfaction.
3. *Operations Team:*
4. *Finance Department:*
- *Impact:* Financial stability and regulatory compliance can be compromised by system errors or
vulnerabilities.
- *Interests:* Compliance with laws and regulations, risk mitigation, and data privacy.
- *Expectations:* Robust data protection measures, regulatory compliance checks, and legal risk
assessments.
Impact:* Non-compliance can lead to legal penalties, reputational damage, and loss of customer
trust.
6. *Quality Assurance Testers:*
- *Interests:* Identifying and resolving bugs, ensuring user satisfaction, and maintaining product
quality.
- *Expectations:* Thorough testing protocols, prompt bug fixes, and continuous improvement
processes.
- *Impact:* Ensures system stability and user satisfaction; critical for maintaining product integrity
and competitiveness.
On Lazada, these stakeholders collectively contribute to the platform's success by ensuring the
internal systems operate effectively, meet user needs, and comply with regulatory requirements.
Their collaboration and alignment are essential for maintaining operational excellence, driving
innovation, and sustaining customer trust.
2. External Stakeholders:
Customers:
Suppliers:
Potential Impact: Significant, as the availability and quality of products depend on the relationship
with suppliers.
Roles: Setting and enforcing regulations related to e-commerce and business operations.
Potential Impact: High, as non-compliance can lead to fines, legal issues, or even business closure.
Competitors:
Stakeholder analysis helps Lazada understand the needs, motivations, and potential impact of each
group, allowing for better decision-making and stakeholder management.