Please enable JavaScript.
Coggle requires JavaScript to display documents.
〔ASM〕G4-ABS-Stakeholder Strategy (Team members (Iris, Wily, Sharon, Vendy,…
〔ASM〕G4-ABS-Stakeholder Strategy
Creating Value for Stakeholders
The challenge
What's the type of value?
How satisfy different stakeholders at the same time?
What is they're looking for?
Key Stakeholders
Secondary Stakeholders
Prioritization problem?
Alignment problem?
Value Creation and Your Values
Institutional pressures/ Non-market strategies
Think beyond the financial impact of effective stakeholder management
Creating value for stakeholders
What's your mission?
What's your purpose?
Stakeholders not just means to profit.
Value creation involves your values
How do you want to lead or manage
Create value for them differently
Aligning Key Stakeholders
Key Stakeholders
Investors
employees
customers
suppliers
community
Secondary Stakeholders
Special interest groups
Goverment
NGO
key idea
effective strategist
different stakeholders
effective leader
how to align the interests
variety of other things
structure of the competitive context
how to differentiate
customers preferences
stakeholder issues matrix
business operation
different parties
different stakeholders
Aligning secondary stakeholders
Institutional pressures
governments
Regulations
Laws
Policy
NGOs
Regulatory activism
Media
Negative press coverage
Unfair targeting
Self interested motive of political actors
Deeper underlying problems
Signal of a larger stakeholder management issue
Sources of Institutional Pressure
Non-Market Strategies
Deal with and address stakeholders concerns
Negotiate with stakeholders
Pursue resource through the courts
Engage with government regulators
Trade associations
Normative Conflict
Who
Example
Child labor
Public、Secondary Stakeholder
business organization
What
When firm actions act in conflict with those societal norms
Solutions
Public education、 Campaigns、Business model adaption
Distributional Conflict
Negative externalizes
Issue
Firm not deal with externalizes and cause damage for others
Definition
External cost
Noise、air、 water pollution
Costs imposed on secondary stakeholders and without compensation
Solutions
Regulation(Fine、Taxes)、Lawsuit、Property rights
Common goods
Issue
Secondary stakeholders gets less resources
Competition cause firm over-consume
Definition
Resources
Finite
Available to everyone but can't stop others using it
Solutions
Provision of power、Regulation(Government、Self)
Market power
Definition
Ability to improperly influence the price of goods
Issue
Capturing consumer surplus
Example
Cartels
Solutions
Regulation、M&A、Antitrust
Information asymmetries
Issue
Increase transaction costs
Example
Second car、Organic foods
Definition
One party knows more than another party and can take advantage of that
Solutions
Reporting、standards、labels
Introduction
what is stakeholder?
Whole food
Customers
Empolyees
org. structure
Value
Opportunities
capabilities
Team members
Iris
Wily
Sharon
Vendy
Debby
Flora