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Board Strategy And Performance Management At Swiss Medium Sized Companies A Proposal For A Stakeholder Driven Approach
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Book Synopsis Board strategy and performance management at Swiss medium sized companies. A proposal for a stakeholder driven approach by : Mike Portworsnick
Download or read book Board strategy and performance management at Swiss medium sized companies. A proposal for a stakeholder driven approach written by Mike Portworsnick and published by GRIN Verlag. This book was released on 2016-10-05 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: Merit, University of Derby, language: English, abstract: The central question addressed is: how do boards plan and align their activities to fulfil stakeholder requirements? To answer this question the research investigated extant literature and conducted an interview based study to assess how boards of directors plan their board strategy and conduct performance management incorporating stakeholder requirements. The study was motivated by the need for improvement in boards, that is, by the need to improve both the way they plan a board strategy and the way they conduct an effective performance management that is closely linked to the satisfaction of stakeholder requirements. The purpose of this study was to assess how this is done today, to understand why it is done this way, and to propose how it can be done better in future. This is a qualitative study based on the grounded theory methodology. Interviews were conducted with participants who chair a total of 36 boards and hold 65 seats as ordinary board members at Swiss medium sized companies in several sectors. The interviews were analysed to understand which methodology would be appropriate to plan a board strategy and to conduct board performance management. The analysis also revealed the phenomenon why chairmen usually do not plan a board strategy - even though they admitted that such a strategy might be useful. Further, a grounded theory was able to be developed. The main claims based on the findings of this study are: a) The strategy-map and BSC are indeed appropriate to plan a board strategy and to conduct board performance management, and b) In this study a grounded theory was developed that explains why chairmen, being on top of the company, usually do not apply well-known methods to formally plan a board strategy. The cause of this behaviour seems to be founded in the chairman’s willingness to develop themselves or not.
Book Synopsis Stakeholder Management in Small and Medium-Sized Enterprises by : Jens Hillebrand
Download or read book Stakeholder Management in Small and Medium-Sized Enterprises written by Jens Hillebrand and published by GRIN Verlag. This book was released on 2010-05 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: 17/20 (1,3), Solvay Brussels School of Economics and Management, course: International Master in Management Science, language: English, abstract: This study derives a model of stakeholder management in small and medium-sized enterprises which describes the process from the owner-managers' personal ethics to the firm's eventual engagement with its stakeholders. Following a thorough review of literature published on stakeholder theory, ethical behaviour in organizations, and small and medium-sized companies, five hypotheses are put forward on which the model is based. The results of three case studies on owner-managed micro-enterprises from the Belgian beer producing industry are used to test the validity of the model and the hypotheses. The results of the case studies on Belgian micro-breweries support the major part of the proposed SME stakeholder management model and the hypotheses it is based on. The perception of legitimate stakeholders is based on the personal ethics of the owner-manager. These are determined by the owner-manager's preference for a certain normative core and his stage of cognitive moral development. Perceived stakeholders will possess power over the company and/or have a legitimate moral or legal claim on the firm. Individual and situational moderators exist which can influence the transition from the owner-manager's personal ethic to his perception of important stakeholders. Relevant individual factors are the owner-manager's type and length of education and employment, family background, culture and nationality, as well as his locus of control. Situational influences found to be important are the views of relevant peers, (psychological) sanctions and rewards, moral intensity, and moral framing. The company's actual stakeholder management depends on whom the owner-manager perceives to be legitimate stakeholders. It may be ins
Book Synopsis Customising Stakeholder Management Strategies by : Margit Huber
Download or read book Customising Stakeholder Management Strategies written by Margit Huber and published by Springer Science & Business Media. This book was released on 2006-12-26 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third in the series on Stakeholder Management, this volume presents a wide array of case studies to demonstrate how Stakeholder Management strategies are customized specifically to companies’ requirements to fulfill their long term business goals. In addition, this volume discusses the benefits of using other management concepts such as Six Sigma (a method that analyses and limits process variation) in conjunction with the TRI*M methodology.
Book Synopsis Making Sense of Stakeholder Management by : Brad Sayer
Download or read book Making Sense of Stakeholder Management written by Brad Sayer and published by Taylor & Francis. This book was released on 2023-06-08 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing back on the ever-evolving stakeholder management theory, this book responds to calls for more empirical research into the managerial sense making of the stakeholder concept. The book explores how managers make sense of stakeholder management, especially in complex and challenging business contexts. Therefore, this book contributes to the advancement of the managerial branch of the stakeholder management theory focussing on managers’ sense making intended as how they interpret and understand social interactions. With this book, the authors offer a contribution grounded on the what, why, when, who and how of stakeholder management, which are questions that still arouse considerable interest not only between academics, but also among practitioners.
Book Synopsis New Corporate Governance by : Martin Hilb
Download or read book New Corporate Governance written by Martin Hilb and published by Springer Science & Business Media. This book was released on 2006-08-04 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an innovative and integrated approach to the theory and practice of corporate governance. Central to this approach is a set of instruments that can be used by boards to offer effective strategic direction and control to their organizations. The board instruments can be readily applied to the targeted selection, review, remuneration and development of board members, and for conducting board self-evaluations. This new approach to corporate governance is based on four guiding principles that together form the basis of an integrated approach that addresses all key aspects of corporate governance.
Book Synopsis Stakeholder Management by : David Wasieleski
Download or read book Stakeholder Management written by David Wasieleski and published by Emerald Group Publishing. This book was released on 2017-06-02 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together leading scholars in the field of stakeholder management to bring to light new and cutting edge perspectives on this important field. It is intended as a resource for both emerging and established scholars to create innovative advances in stakeholder management.
Book Synopsis Unfolding Stakeholder Thinking 2 by : Jörg Andriof
Download or read book Unfolding Stakeholder Thinking 2 written by Jörg Andriof and published by Routledge. This book was released on 2017-09-08 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the companion to "Unfolding Stakeholder Thinking: Theory, Responsibility and Engagement", which examined many emerging theoretical and normative issues and was released to acclaim in October 2002. "Unfolding Stakeholder Thinking 2" collects a series of essays by leading researchers worldwide to focus on the practice of stakeholder engagement in terms of relationship management, communication, reporting and performance. As stakeholder relationships and business in society have become increasingly central to the unfolding of stakeholder thinking, important new topics have begun to take centre stage in both the worlds of practice and academia. The first part of the book makes clear that simply engaging with stakeholders is insufficient to build successful stakeholder strategies. Companies, considered as the focal entity in a relationship, also need to actively communicate with stakeholders and manage their relationships. Dialogue is essential but can only be useful if companies listen to the messages that stakeholders are sending them. It is also essential to understand the role of power and influence in stakeholder engagement strategies especially if partnerships or collaborations emerge from the relationships that are engendered. The book examines a wide range of corporate–NGO collaborations to determine what makes them effective – and what makes them fail. Conflict management in stakeholder alliances is also discussed. The second part of the book addresses the critically important element of emerging schemes for the assessment, measurement and reporting of business in society and relationships involving stakeholders. A variety of current approaches to stakeholder assessment and reporting are discussed here including social auditing and sustainability reporting. The evolution of stakeholder thinking has led to a new view of the firm as an organism embedded in a complex web of relationships with other organisms. The role of management becomes immensely more challenging, when stakeholders are no longer seen as simply the objects of managerial action but rather as subjects with their own objectives and purposes. This book captures the complexity of managing relationships with stakeholders and will provide both practitioners and researchers with a wealth of information on the benefits and consequences of this practice.
Book Synopsis Stakeholder Theory by : Maria Bonnafous-Boucher
Download or read book Stakeholder Theory written by Maria Bonnafous-Boucher and published by Springer. This book was released on 2016-11-08 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an academic introduction to, and presentation and defence of stakeholder theory as a model for the strategic management of businesses and corporations, as well as of public organizations and institutions. The concept of the stakeholder is generally applied to parties that affect or are affected by the activities of private or public organizations. Distinct from shareholders, stakeholders are those individuals, entities or communities that have a connection with the activities of a corporation, a firm or an organization. The notion of the stakeholder is intimately linked to a conception of the business firm as an entity founded on negotiated governance, in which the maximization of value for the shareholder is not the ultimate criterion. In this model, issues and interests that are not directly associated with shareholders and investors, but which go beyond capital to encompass the concerns of civil society, are considered to be of central importance. This book provides a broad overview of stakeholder theory, presenting it as an ethical approach to strategic management that is both pragmatic and applicable to developing democratic practices within corporations, while at the same time suggesting ways in which elements of a social contract can be elaborated within the context of globalization.
Book Synopsis Corporate Governance and Balanced Scorecard by : Katharina Brigitte Rick
Download or read book Corporate Governance and Balanced Scorecard written by Katharina Brigitte Rick and published by . This book was released on 2004 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Value Creating Board by : Morten Huse
Download or read book The Value Creating Board written by Morten Huse and published by Routledge. This book was released on 2008-11-19 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents boards of directors from a strategic and entrepreneurial management perspective. Boards of directors are receiving increased interest in the business world as well as among academic audiences however few contributions integrate corporate governance and organizational behavior. In this book a research stream about value-creating boards is introduced. Boards of directors have during the recent decades mostly been studied within a framework of corporate governance where the interests of external investors are emphasized. This book aims to go further and explore actual board behavior. The framework and the contributions in the book include concepts such as: board leadership and structure, boardroom decision-making, board task performance corporate entrepreneurship and innovation boards in small and medium-sized firms board diversity and women directors The book also presents the results of a research agenda about value-creating boards which was conducted throughout various European countries.
Book Synopsis Customising Stakeholder Management Strategies by : Margit Huber
Download or read book Customising Stakeholder Management Strategies written by Margit Huber and published by Springer. This book was released on 2016-04-01 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stakeholder Management - From Management Philosophy to a Tool for Everyday Working Life Use of Stakeholder Management Today In times of growing globalisation and increasingly tough c- petition the use of stakeholder management tools is becoming much more widespread. Nowadays, the concept of stakeholder mana- ment is no longer limited to the specific focusing of all corporate activity on interest groups, such as customers, employees, sha- holders or suppliers, but has become an integral part of a company s daily action. Measuring the quality of relationships between companies/insti- tions and the relevant interest groups, developing actions aimed at improving these relationships (managing) and the continuous mo- toring of the effects in line with the TRI*M approach, is gaining momentum in all areas and at all levels of companies and ins- tutions. Today, human resources departments usually measure the comm- ment of employees in all organisational units on an annual basis, and senior managers develop strategies with their employees to the level of commitment, the success of which will ultimately be reviewed through subsequent measuring. This greater focus on employee commitment has only recently been given priority. For a long time, companies have failed to appreciate that the motivation and engagement of employees is the most important basis for excellent customer experiences and, consequently, profitability. Only engaged and motivated employees will use all their skills and energies for the benefit of the company."
Download or read book The Greenhouse Gas Protocol written by and published by World Business Pub.. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.
Book Synopsis Stakeholder Engagement and Strategies by : Charith Venkat Pidikiti
Download or read book Stakeholder Engagement and Strategies written by Charith Venkat Pidikiti and published by Independently Published. This book was released on 2019-02-05 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the importance of stakeholder engagement for any organization and its business strategy, how to identify, plan and manage these stakeholders. The book also provides the recommended strategies one can employ to engage stakeholders (with overall benefits and risks), common issues faced and how to avoid or reduce these issues with the help of certain commendations, along with basic definitions of stakeholders together with the stakeholder theory. Both traditional approaches and emerging trends and new practices are outlines together with tools and techniques that businesses can employ which help in plotting stakeholders and structuring them in a visual and orderly fashion are described in this document. The book's main purpose is to provide different types of industries with knowledge on the importance of stakeholders and how they can make an informed decision to select a suitable strategy that is appropriate in their field and for their stakeholders. This book also provides readers with several examples regarding stakeholder engagement both about other companies around the world and the authors own experience and work environment.
Book Synopsis Achieving Excellence in Stakeholder Management by : Joachim Scharioth
Download or read book Achieving Excellence in Stakeholder Management written by Joachim Scharioth and published by Springer. This book was released on 2010-10-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term ‘stakeholder management’ describes the policy towards all interest groups that have a stake in a company. Here, companies using a Stakeholder Management tool give their first-hand account of how this tool enables them to successfully measure, monitor and manage their stakeholders' performance. The experience of these companies highlights how across different sectors and countries strong customer relationships, committed employees and successful relationships with suppliers can be created to stay at the forefront of today’s global economy. Company contributions are complemented by expert articles about current business topics such as Performance Measurement, Balanced Scorecard and Data Mining methodologies.
Book Synopsis Stakeholder Theory by : R. Edward Freeman
Download or read book Stakeholder Theory written by R. Edward Freeman and published by Cambridge University Press. This book was released on 2018-08-30 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stakeholder perspective is an alternative way of understanding how companies and people create value and trade with each other. Freeman, Harrison and Zyglidopoulos discuss the foundation concepts and implementation of stakeholder management as well as the advantages this approach provides to firms and their managers. They present a number of tools that managers can use to implement stakeholder thinking, better understand stakeholders and create value with and for them. The Element concludes by discussing how managers can create stakeholder oriented control systems and by examining some of the important stakeholder-related issues that are worthy of future scholarly and managerial attention.
Download or read book The Economist written by and published by . This book was released on 2009 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309459575 Total Pages :483 pages Book Rating :4.3/5 (94 download)
Book Synopsis Pain Management and the Opioid Epidemic by : National Academies of Sciences, Engineering, and Medicine
Download or read book Pain Management and the Opioid Epidemic written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-09-28 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drug overdose, driven largely by overdose related to the use of opioids, is now the leading cause of unintentional injury death in the United States. The ongoing opioid crisis lies at the intersection of two public health challenges: reducing the burden of suffering from pain and containing the rising toll of the harms that can arise from the use of opioid medications. Chronic pain and opioid use disorder both represent complex human conditions affecting millions of Americans and causing untold disability and loss of function. In the context of the growing opioid problem, the U.S. Food and Drug Administration (FDA) launched an Opioids Action Plan in early 2016. As part of this plan, the FDA asked the National Academies of Sciences, Engineering, and Medicine to convene a committee to update the state of the science on pain research, care, and education and to identify actions the FDA and others can take to respond to the opioid epidemic, with a particular focus on informing FDA's development of a formal method for incorporating individual and societal considerations into its risk-benefit framework for opioid approval and monitoring.
