Social Performance in the Context of a Community Welfare Organization Research Paper

Social Performance in the Context of a Community Welfare Organization such as The Menkiti Group - Research Paper Example The paper focuses on highlighting the major challenges which could create a significant impact on the overall business plan for Menkiti when aiming at encouraging its stakeholders substantially and thereby enhancing its social performances. Menkiti is registered as a mid-sized real estate service providing an organization which is highly committed to improving and satisfying the needs for a better lifestyle within the semi-urban communities of America. The organization was founded in the year 2004 and is certified as one of the Local, Small Disadvantaged Business Enterprises (LSDB) in Brookland. Being publicly registered and committed towards community welfare through real estate services, the business strategies employed by Menkiti needs to be adequately sustainable and transparent depicting a higher degree of efficiency in its social performances. Notably, the sole aim of the organization is to facilitate strategic development through effective managerial processes in order to perf orm transactions of both residential as well as commercial properties within the US. The primary stakeholder groups of an organization are those groups or individuals who tend to be directly engaged in the financial transactions performed by the organization. Correspondingly, the primary stakeholder groups of Menkiti include the customers, the employees, the suppliers as well as the creditors and the stockholders of the organization involving the concerned governmental bodies of the US. In the similar context, it can be mentioned that even though the secondary stakeholder group does not involve directly with the organizational operations, the participants constituting this group tends to create significant effects on the overall organizational performances.