Stakeholders matter: a new paradigm for strategy in society
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge
Cambridge Univ. Press
2011
|
| Ausgabe: | 1. publ. |
| Schriftenreihe: | Business, value creation, and society
|
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024547404&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Beschreibung: | Includes bibliographical references and index |
| Umfang: | 278 S. graph. Darst. |
| ISBN: | 9780521196390 0521196396 |
Internformat
MARC
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| 500 | |a Includes bibliographical references and index | ||
| 650 | 7 | |a Strategische Planung |2 swd | |
| 650 | 7 | |a Business economics |2 swd | |
| 650 | 4 | |a Strategic planning | |
| 650 | 4 | |a Customer relations | |
| 650 | 4 | |a BUSINESS & ECONOMICS / Strategic Planning | |
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Datensatz im Suchindex
| _version_ | 1819358895162785792 |
|---|---|
| adam_text | Titel: Stakeholders matter
Autor: Sachs, Sybille
Jahr: 2011
Contents
List of figures page xii
List of tables xiv
Foreword by R. Edward Freeman xv
Acknowledgments xvii
1 Challenges for a new paradigm in strategic management 1
The future of business in society: social and
economic changes 1
Requirements for a new paradigm in strategic
management 3
Historic nature of paradigms 3
Origin of the economic paradigm 4
Post-Enlightenment Capitalism 4
Multi-paradigm concepts to reflect reality 6
Our contribution to the stakeholder paradigm 6
Path toward a new stakeholder paradigm 8
Part I Development of the basic assumptions of a new
stakeholder paradigm 11
2 The economic paradigm and its basic assumptions 13
The economic paradigm of the theory of the firm 13
What is the purpose of the firm and its underlying
principle of value creation? 14
Who are the actors and who are the owners? 15
What are the main attributes of actors and their behavior? 15
What are the conditions of the environment? 16
Final remarks 16
The strategy theory: general remarks 18
The strategy theory: the Industry Structure View
of Strategy (ISV) 19
What is the purpose of the firm and its underlying principle
of value creation? 20
Who are the actors and who are the owners? 21
What are the main attributes of actors and their behavior? 22
What are the conditions of the environment? 23
Final remarks on the ISV 24
The strategy theory: the Resource-based View
of Strategy (RbV) 26
What is the purpose of the firm and its underlying
principle of value creation? 27
Who are the actors and who are the owners? 29
What are the main attributes of actors and their behavior? 29
What are the conditions of the environment? 30
Final remarks on the RbV 30
The economic paradigm revisited 32
3 Contribution of stakeholder theory to our understanding
of the stakeholder paradigm 35
Descriptive dimension 35
Who are the stakeholders? 35
What is the interaction between the firm
and its stakeholders? 38
Our understanding from a descriptive perspective 40
Instrumental dimension 41
Stakeholders impact value creation 42
Stakeholders create competitive advantage 42
Stakeholder relations pay off 42
Our understanding from an instrumental perspective 43
Normative stakeholder dimension 43
Economic normative foundation 44
Social/philosophical, normative foundation 45
Our understanding from a normative perspective 45
Final remarks 46
4 The stakeholder paradigm 48
The stakeholder theory of the firm 48
What is the purpose of the firm and its underlying principles
of value creation? 48
Who are the actors and who are the owners? 50
What are the main attributes of actors and their behavior? 51
What are the conditions of the environment? 52
Final remarks 53
Stakeholder Capitalism 53
What is the purpose of the firm and its underlying principles
of value creation? 54
Who are the actors and who are the owners? 54
What are the main attributes of actors and their behavior? 55
What are the conditions of the environment? 56
Final remarks 56
The basic assumptions for our understanding of the
stakeholder paradigm 57
What is the purpose of the firm and its underlying
principles of value creation? 57
Who are the actors and who are the owners? 59
What are the main attributes of actors and their behavior? 60
What are the conditions of the environment? 62
The assumptions of different paradigms 63
Part II Our understanding of the stakeholder paradigm
and its operationalization 71
5 Our understanding of the stakeholder paradigm
operationalized in the three licenses 73
Our claim for the stakeholder paradigm 73
The economic paradigm in an endless series of constraints 73
Challenging the dominance of self-interest 74
The fundamental shift to mutuality in a network view 74
Putting the paradigm into operation: the three licenses 76
License as entitlement 76
Licenses stimulate value creation 78
Take another look at the Matterhorn 78
Embeddedness in networks 82
Stakeholder licenses 86
Multiple roles of stakeholders 88
Common dimensions of the three licenses 88
Content of the licenses 89
The cast of relevant stakeholders 89
Contributions to value creation 89
Value distribution 90
Firm and stakeholder strategies 90
Evaluation of mutual value creation 91
6 License to operate 95
The content of the license to operate 95
The cast of stakeholders: society as an end and value
contributor, not as a constraint 98
Mutual value creation with and for social and political
stakeholders 102
Corporation perspective 102
Stakeholder perspective 104
Important benefit and risk potentials from the perspective
of the license to operate 105
Value distribution to social and political stakeholders 109
Strategies from the perspective of the license to operate 110
Evaluation from the perspective of the license to operate 111
Concluding remarks to the license to operate 113
License to innovate 114
The content of the license to innovate 114
The cast of stakeholders: from the resource-based view
to the resource owner view 115
Stakeholders as resource contributors 115
Stakeholders as providers of non-limited resources 118
Stakeholders as direct and indirect resource contributors 120
Stakeholders as voluntary and involuntary resource
contributors 121
Mutual value creation 123
The motivation of stakeholders to contribute resources 123
The dynamics of resource contribution 125
Value distribution to stakeholders from the perspective of
the license to innovate 128
Strategy and core competencies from the perspective of the
license to innovate 129
Evaluation from the perspective of the license to innovate 130
Concluding remarks to the license to innovate 131
License to compete 133
Content of the license to compete 133
The cast of stakeholders: from the industry structure view
to the dynamic network structure view 133
The nature of stakeholder networks 133
The attractiveness of stakeholder networks 135
Dynamics of stakeholder networks 138
Mutual value creation: positioning in and among stakeholder
networks 139
Forms of positioning 139
Benefit and risk potentials in stakeholder networks 140
Multiple roles of stakeholders 141
Positioning on the continuum between cooperation
and confrontation 144
Value distribution to stakeholders from the perspective
of the license to compete 145
Generic strategies from the perspective of the license
to compete 147
Evaluation from the perspective of the license to compete 149
Concluding remarks on the license to compete 151
9 Challenges resulting from a paradigm shift 154
What are the main challenges for the required change? 154
What are basic change patterns and processes? 155
General principle of change 155
Gradual change 156
Fundamental changes 157
Three basic learning processes 158
Economic impacts 162
Requirements in the perspective of the license to operate 162
Requirements in the perspective of the license to innovate 163
Requirements in the perspective of the license to compete 163
Cultural impacts 164
Different levels of culture 165
Role of leaders 167
Structural and legal impacts 171
Structures and processes of firms and stakeholders 171
Distinctiveness and complexity of network structures 172
Governance systems and legal impacts 173
Epilogue 179
Appendix: Methodological considerations 181
Glossary 194
Notes 201
Bibliography 224
Index 269
|
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| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV039698816 |
| illustrated | Illustrated |
| indexdate | 2024-12-20T16:00:21Z |
| institution | BVB |
| isbn | 9780521196390 0521196396 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-024547404 |
| oclc_num | 756138227 |
| open_access_boolean | |
| owner | DE-634 DE-473 DE-BY-UBG |
| owner_facet | DE-634 DE-473 DE-BY-UBG |
| physical | 278 S. graph. Darst. |
| publishDate | 2011 |
| publishDateSearch | 2011 |
| publishDateSort | 2011 |
| publisher | Cambridge Univ. Press |
| record_format | marc |
| series2 | Business, value creation, and society |
| spellingShingle | Sachs, Sybille 1959- Rühli, Edwin 1933- Stakeholders matter a new paradigm for strategy in society Strategische Planung swd Business economics swd Strategic planning Customer relations BUSINESS & ECONOMICS / Strategic Planning Wirtschaft Strategisches Management (DE-588)4124261-0 gnd Stakeholder (DE-588)4300861-6 gnd |
| subject_GND | (DE-588)4124261-0 (DE-588)4300861-6 |
| title | Stakeholders matter a new paradigm for strategy in society |
| title_auth | Stakeholders matter a new paradigm for strategy in society |
| title_exact_search | Stakeholders matter a new paradigm for strategy in society |
| title_full | Stakeholders matter a new paradigm for strategy in society Sybille Sachs ; Edwin Rühli |
| title_fullStr | Stakeholders matter a new paradigm for strategy in society Sybille Sachs ; Edwin Rühli |
| title_full_unstemmed | Stakeholders matter a new paradigm for strategy in society Sybille Sachs ; Edwin Rühli |
| title_short | Stakeholders matter |
| title_sort | stakeholders matter a new paradigm for strategy in society |
| title_sub | a new paradigm for strategy in society |
| topic | Strategische Planung swd Business economics swd Strategic planning Customer relations BUSINESS & ECONOMICS / Strategic Planning Wirtschaft Strategisches Management (DE-588)4124261-0 gnd Stakeholder (DE-588)4300861-6 gnd |
| topic_facet | Strategische Planung Business economics Strategic planning Customer relations BUSINESS & ECONOMICS / Strategic Planning Wirtschaft Strategisches Management Stakeholder |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024547404&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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