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Managing Sustainable Stakeholder Relationships : Corporate Approaches to Responsible Management /

As disruption is currently becoming the new buzzword in boardrooms, this book advocates that the most striking opportunity for business today is making itself relevant to its stakeholders. By presenting a new route via innovative business models, a transformational corporate approach to stakeholder-...

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Bibliographic Details
Main Authors: O'Riordan, Linda (Author)
Corporate Authors: SpringerLink (Online service)
Published: Springer International Publishing : Imprint: Springer,
Publisher Address: Cham :
Publication Dates: 2017.
Literature type: eBook
Language: English
Series: CSR, Sustainability, Ethics & Governance,
Subjects:
Business.
Accounting.
Bookkeeping.
Entrepreneurship.
Leadership.
Business ethics.
Sustainable development.
Business and Management.
Business Strategy/Leadership.
Accounting/Auditing.
Online Access: http://dx.doi.org/10.1007/978-3-319-50240-3
Summary: As disruption is currently becoming the new buzzword in boardrooms, this book advocates that the most striking opportunity for business today is making itself relevant to its stakeholders. By presenting a new route via innovative business models, a transformational corporate approach to stakeholder-orientated value creation is advocated in the form of a new stakeholder management framework. This conceptual framework provides both a theoretical and practical management solution for re-inventing the organisation via an enlightened perspective of the purpose of business in society. The new approach transforms the existing business model via an inclusive, collaborative, connected mechanism of stakeholder value creation into an innovative business model through which the corporation mobilises the investment, conversion, and sustainability of the resources it employs in ways which are designed to be optimally relevant to its stakeholders. The overall impact results in innovative business models serving as catalysts for creating stakeholder-orientated value in place of the traditional, more narrowly-focused shareholder profit-maximisation aim of conventional business models.
Carrier Form: 1 online resource (XXXVIII, 492 pages) : illustrations.
ISBN: 9783319502403
Index Number: HF5387
CLC: F718
Contents: Part I: Setting the Stage -- Part II: Gathering Evidence -- Part III: A Compass for Stakeholder Management.

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