Project Management on World Trade Organization ministerial Conference of 2005

Executive SummaryThe aim of this report is to investigate the upchuck focus aspects relating to the World Trade Organisations (WTO) ministerial gathering in 2005. This report details the issues relating to project concern and the impact of the project management practices on the outcome of the event. It identifies the hold up a delimitate stakeholders in the project and the role they had in determining the success/failure of the project. This report further discusses the role of the leadership and the effective police squad building and management skills and how much of an impact these had in the successful project delivery.IntroductionThe World Trade Organisation (WTO) one-sixth Ministerial Conference which is abbreviated as MC6 and popularly k presentlyn as the Hong Kong Ministerial Conference was held between the thirteenth and 18th December, 2005 at the Hong Kong principle and Exhibition Centre. The total turn almost expected for the conference was representatives from around 148 countries across the globe. The Hong Kong Peoples Alliance led a knowledge on the WTO which mainly consisted of farmers from South Korea. The three main designated protest zones entangle Wan Chai Sports ground and the region around Wan Chai Cargo discussion Basin. The total budget for the ministerial conference was Hong Kong $250 million (WTO, 2005).BackgroundThe highest ratiocination fashioning body of the World Trade Organisation is the Ministerial Conference that meets a minimum of once every two years. This ministerial conference provides the musical arrangement with the direction and helps in the decision fashioning process (HKPA, 2006). The conference held from 13th 18th December 2005 is the sixth ministerial conference and was aimed at make a decision about the liberalisation of farm trade and arrival an agreement relating to farm subsidies . It alike aimed at successfully concluding the 2006 capital of Qatar Round ( ass WTO, 2005).The role of the proje ct managerThe project manager of the WTO conference 2005 is creditworthy for the success of the project and similarly ensuring that the stakeholders relationships ar puff up maintained and that exclusively the stakeholders be able to effectively communicate and shargon their ideas about verdant issues (Heydon, 2006). stipulation that the WTO ministerial conferences play a major role in the decision make process and ensuring that multilateral trade agreements are smoothly implemented, the role of the project manager can non be underestimated (Alam, 2008). This report discusses the role of the project manager in establishing good stakeholder relationships and his role in the success of the project.Project Objectives and ScopeThe verifiables and domain of the 2005 HK WTO conference was to establishMarket access reduction in the tariff of goods Domestic support direct payments to be made to the farmers and local producers exporting Subsidies Services remove restrictions i nternationally in assorted service sectors and capital of Singapore Issues demand for transparency in laws, fair competition etc. (UN, 2005)The scene of the project management planning activities included arrangement of venue, security and emergency, brass instrument of logistics, managing media, budgeting and risk and contingency planning (Alam, 2008).Stakeholder AnalysisThis section of the report discusses the come upon stakeholders in the HK WWTO 2005 meeting, stakeholder analysis methods to effectively communicate with these stakeholders in order to visualise smooth communication. Stakeholder Analysis is defined as the activity which analyses in erudition the attitudes of all the key stakeholders towards a project (Goodpaster, 1991).Other definitions by researchers (Freeman, 1984) include a separate of individuals who can affect or be touched by the achievement of the organization objectives.Key StakeholdersThe key stakeholders of the WTO include the member nations, the vendors, tradesmen, farmers and some other(a) categories of trade associations, the media, the public, governing bodies, the international trade community. It too includes the general universe of discourse and public that are affected directly or indirectly as a result of the agreements and arrangements made by the WTO Ministerial conference delegacy (Alam, 2008).High Power , High InterestOne of the member nations that holds high power as well as high have-to doe with in the World Trade Organisation. in that location are a total of 153 nations in the WTO and the USA engages with various other nations and takes a leadership role in the WTO ministerial. For instance, USA played a key role in the Doha Conference and was blamed both(prenominal) directly and indirectly for holding up the talks and the progress of the sessions. Given the high power and interest it holds in the WTO, USA aims to boost its exports. It plays a major role in the WTO negotiations to enhance its stance in the WTO as a leader and also to use the opportunity to initiate talks with its trading partners like Japan and India. Given its power, most decisions of the trade-rounds are super influenced by the coupled States (BBC, 2013).High Power, Low InterestHong Kong as one of the key members of the WTO was the soldiers to the fifth ministerial conference in the year 2005. Though existence a key member, Hong Kong has non sh induce much interest in the activities of the WTO and has non taken any proactive steps in issue resolution of the ongoing issues of the WTO. Be it agriculture or environmental issues,Hong Kong remains to be a silent spectator in most cases which clearly indicates the privation of interest in influencing the member states or steering them to decision making on specific issues (BBC, 2013).Low Power, High InterestThe farmers and the agriculture community worldwide nourish high interest in the activities of the WTO as the trade agreements that are negotiated an d hold upon have a serious bearing on their livelihood and concerns. in that respect is a growing concern relating to fairer trade markets, food security and realm subsidies. Though there is a lot of interest shown by the horticulture community, they do not have the power to speak and hence do not have the influencing capability. The increase in the suicide rates of farmers is also attributed to the failure of WTO to understand their concerns and the lack of transparency and inequality in dealings of the WTO (Long, 2007 Shiva, 2014). Researchers also suggest that there is a lack of brain from the WTO commissioning members on the demand of the farmers and the decisions made are not in business with their demands (Anderson and Martin, 2005).Low Power, Low InterestThe last type of stakeholders have the least power and are also not very much interested in the activities of the WTO. The citizens of Hong Kong for example, function to this stakeholder group. Given that the multi lateral agreements are huge and complex, the regime do not have the capacity and capability to scrutinise the details of all contracts. Also, the authorities of a country are not held accountable for the negotiations and agreements signed. This makes them lose interest given that they neither have the power nor the capacity to influence the decision making. Also there are restrictions that prohibit them from questioning the authority (Keohane and Nye, 2001 Scharpf, 2000).Stakeholder commissionStakeholder management is essential for the smooth communication and functioning of an presidency and also to ensure that the objectives of the organisation are achieved. Stakeholder management should be in line with the strategic management objectives of the organisation and the type of the stakeholder that needs to be well-off should be taken into account depending on the organisation type in order to ensure that these expectations are met. It is essential to first identify the various st akeholders, their role in the organisation, the decision making authority they have in the organisation and how much their ideas or ideals would affect the success of the organisation. Once these are identified, it is essential to develop a stakeholder management strategy that is aimed at not only grateful these stakeholders but also helps achieve the overall objective of the organisation (Freeman, 2001).In a multicultural organisation or where the organisation is huge and spans across different continents and cultures, the stakeholder management strategy becomes inevitable. It defines the communication methods and helps understanding the dos and donts in each geographic location. It also helps achieve transparency in operations and facilitates better participation of the stakeholders in the decision making process. Stronger business decisions that are sustainable, long term and ethical are facilitated by a good stakeholder management approach (Carroll and Buchholtz, 2014).Communi cation ManagementResearchers conceive that not all stakeholders of an organisation have equal importance. For example, in a non-governmental organisation which is aimed at helping people, the pubic might be the key stakeholder as opposed to a business organisation which aims at satisfying the primary needs of the shareholders. Hence, in a diverse world where the needs of the organisations differ, it is essential to understand the primary stakeholders who needs to be satisfied and forge a communication management plan to ensure that the communication to these stakeholders are made in near real-time and in an effective behavior (Podnar and Jancic, 2006 Jacobson et al, 2009).Tuckmans Communication ModelBruce Tuckman devised a five step communication precedent in the year 1975.These five steps includesForming Storming Norming Performing and AdjourningForming This is where the leader gives the counselor to the team and the initial re-create in the communication process. This is a s tage where the roles and responsibilities are unclearStorming Brainstorming activities take place, compromises happen, clarity increases and the team members get a basic understanding of what is required of themNorming The team members agree by consensus. The leader facilitates the decision making but the team members are now in a position to agree. The roles and responsibilities defined by the leader in the forming stage are now very clear and evident.Performing The team members are strategically aware and are able to execute their responsibilities and put to death better in order to achieve the goals. They pee-pee on their own and there is very little interference from the leader. The leader is called for when there is counseling required both in terms of personal and interpersonal growingAdjourning Also known as Deforming or Mourning, refers to the breaking up of the group later on the successful completion of the task. This stage involves identification of good performers, the offbeat of the team and also measuring the performance. (Tuckman, 1977)ConclusionThis report gave a picture about the role of the project manager in the HK 2005 WTO ministerial conference and the various stakeholders, the level of interest and the power to influence the decision making of the WTO. Furthermore, this report also discussed effective stakeholder management techniques and methods, communication strategy in relation to the WTO.ReferencesFreeman (1984) Strategic Management, A Stakeholder Approach, Pitman, BostonPodnar, K., & Jancic, Z. (2006). Towards a assortment of stakeholder groups An empirical verification of a three?level model. Journal of selling Communications, 12(4), 297-308.Jacobson, S. K., & McDuff, M. D. (2009). Communication as an effective management strategy in a diverse world. Wildlife and Society The Science of Human Dimensions.Tuckman, B. W., & Jensen, M. A. C. (1977). Stages of small-group development revisited. Group & musical arrangement Manag ement, 2(4), 419-427.Carroll, A., & Buchholtz, A. (2014). Business and society Ethics, sustainability, and stakeholder management. Cengage Learning.Freeman, R. E., & McVea, J. (2001). A stakeholder approach to strategic management.Scharpf, F. W., & Schmidt, V. A. (Eds.). (2000). Welfare and work in the open economy volume ii diverse responses to vulgar challenges in twelve countries (Vol. 2). Oxford University Press.Keohane, R. O., & Nye, J. S. (2001). Power and interdependence (Vol. 3). New York Longman.Shiva, Vandana (2014) Of food, farmers and WTOs doublespeak, usable at http//www.asianage.com/columnists/food-farmers-and-wto-s-doublespeak-972 accessed on 06/12/14Long, Jessica (2007)WTO Kills Farmers India Free Market Reforms instigate Farmers Suicides, Global ResearchAnderson, K. and Martin, W. (2005), Agricultural Trade Reform and the Doha victimization Agenda. 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