Managing Sustainable Stakeholder Relationships
Corporate Approaches to Responsible Management
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Beschreibung
As ‘disruption’ is currently becoming the new buzzword in boardrooms, this book advocates that the most striking opportunity for business today is making itself relevant to its stakeholders. By presenting a new route via innovative business models, a transformational corporate approach to stakeholder-orientated value creation is advocated in the form of a new stakeholder management framework. This conceptual framework provides both a theoretical and practical management solution for re-inventing the organisation via an enlightened perspective of the purpose of business in society. The new approach transforms the existing business model via an inclusive, collaborative, connected mechanism of stakeholder value creation into an innovative business model through which the corporation mobilises the investment, conversion, and sustainability of the resources it employs in ways which are designed to be optimally relevant to its stakeholders. The overall impact results in innovative business models serving as catalysts for creating stakeholder-orientated value in place of the traditional, more narrowly-focused shareholder profit-maximisation aim of conventional business models.
Highlights the potential of responsible stakeholder management as a key opportunity rather than a cost for the business
Demonstrates how sustainability via innovative, clean, and fair business strategies can serve to help business and society to mutually profit
Presents a set of four steps to sustainable stakeholder management, which could conceivably help to create successful business in accord with the interests of people, the planet, and economic profit
Highlights the potential of responsible stakeholder management as a key opportunity rather than a cost for the business Demonstrates how sustainability via innovative, clean, and fair business strategies can serve to help business and society to mutually profit Presents a set of four steps to sustainable stakeholder management, which could conceivably help to create successful business in accord with the interests of people, the planet, and economic profit
Autor*in
Linda O'Riordan
Themen in »Managing Sustainable Stakeholder Relationships«
stakeholder management stakeholder management in pharmaceutical industry conceptual framework for stakeholder management management framework pharmaceutical industry case study accountable decision making