www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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feedback with its stakeholders‚ makes timely disclosure of relevant and reliable information on financial performance‚ besides sharing information about its new products and services. The trust that the stakeholders place in Dabur is their key to success. They constantly strive to improve operational efficiency‚ deliver value to the stakeholders and build capabilities and capacities to foster growth in the long term‚ without losing sight of core values. Being accountable to the stakeholders is a key part
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STAKEHOLDERS IMPACT ANALYSIS (SIA) IDENTIFY | INTERSTS | CONCERNS | POSSIBLE CLAIMS | AIRLINES‚ such as Air Canada‚ American Airlines‚ Asiana Airlines... | Increase airspace and terminal to get more customers. | Security at airport and airspace | Rising oil price | VANCOUVER AIRPOT AUTHORITY | Airport development and service improvements | Terrorism at Airport | More Profit | RETAIL‚ such as Hudson Group‚ Definition Fragrances‚ HDS Retail | -------- | -------- | -------- | SECURITY‚ such
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
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Work Related Learning. Company: Jet2.com Airline Introduction: This report will be analysing‚ aiming to identify the main political and economical factors that will be affecting Jet2.com in the coming years. In order to structure the information‚ several management tools will be used such as: SWOT analysis: this will help to identify the strength and weaknesses together with the company’s environmental opportunities and threats. PESTEL analysis: This tool will select the vital influences
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Stakeholders As argued by Sharma & Starik (12) a stake holder is that which is affected by the operation of an organization entirely or can affect the organization directly. The organization can be of any kind meant to realize certain goals by the society. Stake holders are tenet to the development and performance of the organization without which the organization either cease or collapse completely. As such any organization must strive to identify its stakeholders and their specific needs
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_______________________________________________________________ 28 October 2014 ProQuest Table of contents 1. Southwest Airlines Renovates Benefits System........................................................................................... 1 28 October 2014 ii ProQuest Document 1 of 1 Southwest Airlines Renovates Benefits System Author: Hitchcock‚ Joy E ProQuest document link Abstract: When Southwest Airlines was founded in 1971‚ company executives decided it had to be different if they wanted to set it apart
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