Cover of Stakeholders matter
Read Time: ~4.6 hr

Stakeholders matter

by Sybille Sachs,Edwin Rühli (2011)

About this book

"The dominant shareholder-value model has led to mismanagement, market failure and a boost to regulation, as spectacularly demonstrated by the events surrounding the recent financial crisis. Stakeholders Matter challenges the basic assumptions of this model, in particular traditional economic views on the theory of the firm and dominant theories of strategic management, and develops a new understanding of value creation away from pure self-interest toward mutuality. This new 'stakeholder paradigm' is based on a network view, whereby mutuality enhances benefits and reduces risks for the firm and its stakeholders. The understanding of mutual value creation is operationalized according to the license to operate, to innovate and to compete. The book develops a vision for a strategy in society in which, rather than the invisible hand of the market, it the visible hands of the firm and the stakeholders that lead to an overall increase in the welfare of society"--

Setting / LocationGlobal
Story EraModern Era
Protagonist / CoreStakeholders matter Lead Character

Readers who enjoyed this also loved

Cover of Strategy that works

Strategy that works

Paul Leinwand, Cesare Mainardi

"In a recent survey of executives, two-thirds of the respondents said they didn't think their organization could execute the company's defined strategy. Why is the strategy-execution gap so pervasive? And what can executives do to close it? In Strategy that Works, Paul Leinwand and Cesare Mainardi share their latest research into how the best companies in the world connect strategy to execution. Having the right capabilities in place is essential; but subsequent research by the authors' firm, Strategy &, shows that capabilities alone don't close the gap between what companies aspire to do and what they can actually accomplish. The authors identify, in all, five fundamental principles for connecting strategy and execution, and show how the best companies in the world use these principles to out-execute and out-compete their opponents. They: - Commit to winning by what they do best, instead of chasing multiple opportunities - Focus on and build only those capabilities, instead of benchmarking against competitors - Prune what doesn't matter to invest more in what does - Leverage the culture they have instead of reengineering it - Shape demand instead of constantly reacting to market changes Based on in-depth interviews inside companies that are known for their flawless execution and for redefining the competition in their industries, this book provides executives with the path for connecting strategy to execution"--

Cover of Zhan lüe guan li

Zhan lüe guan li

Xiang Baohua zhu

Ben shu zhu yao tao lun zhan lue guan li de ji ben wen ti, li lun ben zhi, xian shi chu lu, te bie shi zhan lue suo she ji de huan jing, shi ming, shi li san jia she, chi xu jing zheng you shi, ye tiao fa zhan yan hua, shi chang jing he hu dong san wei gou jia, yi ji yu zhan lue xiang guan de jue ce, bian ge, ji li san fang mian dong tai guan li wen ti.

Cover of The strategic management of intellectual capital and organizational knowledge

The strategic management of intellectual capital and organizational knowledge

Chun Wei Choo and Nick Bontis

Increasingly, the challenge of management is to create and supply knowledge in order to sustain organizational performance. However, few books on management strategy have been written using this concept as a foundation. This unique volume adopts a knowledge-based approach that will complement and perhaps supplant other perspectives. Editors Nick Bontis and Chun Wei Choo look at the literature through the lens of strategic management and from the vantage point of organizational science. The thirty readings have been carefully selected and commissioned to provide the best literature available--from articles newly written for this book and from existing publications.--Publisher description.

Cover of PeopleShock

PeopleShock

Tema Frank

Why people matter more than ever in the digital era and how businesses must transform themselves to improve customer experience using the 3P Profit Formula of Promise + People + Process = Profit.

Stakeholders matter by Sybille Sachs,Edwin Rühli | Literally Just Books