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AMM-M5- Stakeholders and Culture (Stakeholders (Types external …
AMM-M5-
Stakeholders and Culture
Stakeholders
Types
external
internal
External types:
economic (eg.suppliers, shareholders, banks)
social / political (eg. local councils, tax office)
technological (eg. key adopters, complementors)
community (eg. local residents, sport clubs)
Stakeholder mapping
Ownership
Ownership Models
publicly-quoted corporations
entrepreneurial businesses
family businesses
Corporate governance
Corporate governance chain
Stakeholder model
a single-tier board
Shareholder model
a two-tier structure
CSR
Laissez-faire
Enlightened self-interest
Forum for stakeholder interaction
Shaper of society
Organisational culture
The culture web (p.129)
Strategic drift
-the tendency for strategies to develop incrementally on the basis of historical and cultural influences, but fail to keep pace with a changing environment
Incremental strategic change
gradual change
building on successful strategies
long periods of continuity
Strategic drift
reluctant to accept the change
building on the familia
core rigidities
relationships become shackles
lagged performance effects
Flux
Transformational change or death