Managing Sustainable Stakeholder Relationships

Corporate Approaches to Responsible Management

  • Linda O'Riordan

Part of the CSR, Sustainability, Ethics & Governance book series (CSEG)

Table of contents

  1. Front Matter
    Pages i-xxxviii
  2. Setting the Stage

    1. Front Matter
      Pages 1-1
    2. Linda O’Riordan
      Pages 3-28
    3. Linda O’Riordan
      Pages 29-106
    4. Linda O’Riordan
      Pages 107-139
  3. Gathering Evidence

  4. A Compass for Stakeholder Management

    1. Front Matter
      Pages 325-325
    2. Linda O’Riordan
      Pages 327-376
    3. Linda O’Riordan
      Pages 377-416
  5. Back Matter
    Pages 479-492

About this book

Introduction

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.

Keywords

stakeholder management stakeholder management in pharmaceutical industry conceptual framework for stakeholder management management framework pharmaceutical industry case study accountable decision making

Authors and affiliations

  • Linda O'Riordan
    • 1
  1. 1.FOM University of Applied SciencesHochschule für Oekonomie & ManagementEssenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-50240-3
  • Copyright Information Springer International Publishing AG 2017
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management
  • Print ISBN 978-3-319-50239-7
  • Online ISBN 978-3-319-50240-3
  • Series Print ISSN 2196-7075
  • Series Online ISSN 2196-7083
  • About this book
Industry Sectors
Chemical Manufacturing
Automotive
Consumer Packaged Goods
Pharma