The actions taken upon the First Nations to oppose the new BC Hydro mega-project demonstrates the effect that Natives have on businesses and their business models. The first Nations play a major role in the way businesses form their models, especial in the industry force. Since the Aboriginals are major stakeholders and raise particular industry concerns, companies must be wary of Aboriginal issues and formulate business models around them. Aboriginals played a vital role throughout the concern of the BC Hydro mega-project due to its interference of land. This displays the importance in considering the opinion and voice of Aboriginals when developing a plan or business model for a project in order to prevent future conflicts.
The business plan of BC Hydro was to construct a dam and a megawatt hydroelectric generating station on the Peace River in British Columbia, however, constructing these buildings would flood and destroy wildlife and different habitats that Aboriginals go to hunt and feed. Therefore, the First Nations have played a vital external role in affecting BC Hydro’s business model. In order to prevent projects being tied up in courts, companies may consider better communications with external aspects of business models and plans to ensure future prevention of court battles and difficulties
Reference:
http://www.vancouversun.com/news/First+Nation+chiefs+stage+Site+showdown/10215965/story.html