Write a multistep synthesis for the following transformation. 
Definitions:
Institutional Theory
A theory on the deeper and more resilient aspects of social structure, considering the processes by which structures, schemes, rules, norms, and routines become established as authoritative guidelines for social behavior.
Stakeholder Orientation
A business approach that considers the interests and concerns of everyone impacted by the company's activities.
Economic Institutions
Entities or organizations in a society that create, manage, and enforce the rules and policies governing economic activities and transactions.
Motivational Carrots
Incentives or rewards offered to encourage desired behaviors or performances from individuals or groups.
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