Chapter 3 Generic Stakeholder Management Strategies
DOI: 10.23912/9781911396635-4092 | ISBN: 9781911396635 |
Published: January 2019 | Component type: chapter |
Published in: Event Stakeholders | Parent DOI: 10.23912/9781911396635-3840 |
Abstract
A continuous planning process for stakeholder management is described. To get started, and even for organizations already engaged with stakeholders, a set of questions is provided concerning internal and external stakeholders. A SWOT analysis might help, looking at the strengths, weaknesses, opportunities and threats attached to each stakeholder or type of stakeholder. A third planning technique is stakeholder mapping, described for both internal and external use. A number of generic approaches to formulating strategy are reviewed, and they each take a somewhat different approach to classifying stakeholders and identifying appropriate strategies for managing relationships. From these we have provided a blended strategy matrix, but users will have to settle on their own approach appropriate to their circumstances.
Sample content
Contributors
- Mathilda van Niekerk, University of Central Florida (Author) https://orcid.org/0000-0003-4038-6350
- Donald Getz, University of Calgary (Author) https://orcid.org/0000-0001-5562-8012
For the source title:
- Mathilda van Niekerk, University of Central Florida (Author) https://orcid.org/0000-0003-4038-6350
- Donald Getz, University of Calgary (Author) https://orcid.org/0000-0001-5562-8012
Cite as
Niekerk & Getz, 2019
Niekerk, M.v. & Getz, D. (2019) "Chapter 3 Generic Stakeholder Management Strategies" In: Niekerk, M.v. & Getz, D. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/9781911396635-4092
References
Amaral, C. D. S., Bastos, F. D. C. & Carvalho, M. M. (2018). Stakeholders mapping in sporting events projects: case study. PODIUM: Sport, Leisure and Tourism Review, 7(1), 22-45.
https://doi.org/10.5585/tlsr.v7i1.265
Boonstra, A. (2006). Interpreting an ERP-implementation project from a stakeholder perspective. International Journal of Project Management, 24(1), 38-52.
https://doi.org/10.1016/j.ijproman.2005.06.003
Freeman, R.E. (1984). Strategic Management: A Stakeholder Approach. Boston: Pitman.
Freeman, R. E. (1994). The politics of stakeholder theory: Some future directions. Business Ethics Quarterly, 409-421.
https://doi.org/10.2307/3857340
Freeman, R. E. (2010). Strategic Management: A stakeholder approach. Cambridge University Press.
https://doi.org/10.1017/CBO9781139192675
Getz, D. (2013). Event Tourism. New York: Cognizant Communication Corp. Klipfolio Inc. (2018). Retrieved from https://www.klipfolio.com/resources/articles/what-is-a-key-performance-indicator
Lim, G., Ahn, H. & Lee, H. (2005). Formulating strategies for stakeholder management: A case-based reasoning approach, Expert Systems with Applications, 28, 831-840
https://doi.org/10.1016/j.eswa.2004.12.038
Mitchell, R., Agle, B.R. & Wood, D.J. (1997). Toward a theory of stakeholder identification and salience: defining the principle of who and what really counts. Academy of Management Review, 22 (4): 853–886.
https://doi.org/10.5465/amr.1997.9711022105
Savage, G., Nix, T., Whitehead, C. & Blair, J. (1991). Strategies for assessing and managing organizational stakeholders. Academy of Management Executive, 5 (2), 61-75.
https://doi.org/10.5465/ame.1991.4274682
Sheehan, L. & Ritchie, J. R. B. (2005). Destination stakeholders: Exploring identity and salience. Annals of Tourism Research, 32 (3), 711-734.
https://doi.org/10.1016/j.annals.2004.10.013
Smartsheet Inc. (2018) Retrieve from https://www.smartsheet.com/what-stakeholder-analysis-and-mapping-and-how-do-you-do-it-effectively
Tech Target. (2018). Retrieve from https://searchcio.techtarget.com/definition/SWOT-analysis-strengths-weaknesses-opportunities-and-threats-analysis
Van Niekerk, M. (2016). The applicability and usefulness of the stakeholder strategy matrix for festival management. Event Management, 20, 165–179.
https://doi.org/10.3727/152599516X14610017108666
West, V. L. & Milio, N. (2004). Organizational and environmental factors affecting the utilization of telemedicine in rural home healthcare. Home health care services quarterly, 23(4), 49-67.
https://doi.org/10.1300/J027v23n04_04
Winch, G.M. (2004). Managing Construction Projects-An Information Processing Approach. Blackwell Science.
Xue, H., & Mason, D.S. (2011). The changing stakeholder map of Formula One Grand Prix in Shanghai. European Sport Management Quarterly, 11(4), 371-395.
https://doi.org/10.1080/16184742.2011.599205
Ziakas, V. (2013). Event Portfolio Planning and Management: A Holistic Approach. Abingdon: Routledge.
https://doi.org/10.4324/9780203119396