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Full-Text Articles in Business
Stakeholder Management: A Managerial Perspective, Jeffrey S. Harrison, Andrew C. Wicks
Stakeholder Management: A Managerial Perspective, Jeffrey S. Harrison, Andrew C. Wicks
Management Faculty Publications
Scholars and practitioners have acknowledged the practical relevance of stakeholder theory as it has been applied to management. This chapter provides a brief foundation for understanding the basic principles of stakeholder management and some of its best known tools, including the development of an enterprise strategy, identification and prioritization of stakeholders, and measurement of the value firms create with and for stakeholders. We then share insights about implementation of stakeholder management based on interviews with high-level executives from a variety of well-known companies. We found that stakeholder principles have been applied in a variety of ways and under various labels. …
Business Leadership Education: A Virtual Storytellers Exercise, Maria Mendez, Yue Cai Hillon, Khadija Al Arkoubi
Business Leadership Education: A Virtual Storytellers Exercise, Maria Mendez, Yue Cai Hillon, Khadija Al Arkoubi
Management Faculty Publications
Online courses are becoming popular in business education and require creative strategies to maintain students’ engagement and facilitate contextual and complex understanding of class concepts and theories. In this paper, we are proposing an exercise for online undergraduate Organizational Behavior courses to motivate students and enhance their understanding of class concepts through the use of storytelling. In this exercise, students work in teams to narrate stories that describe with rich detail different concepts and theories pertaining to team management in general and virtual team management in particular. The results suggest that students develop a higher level of critical thinking in …
Project Globe: Global Leadership And Organizational Behavior Education, Marcus Dickson, Ariel M. Lelchook, Mary Sully De Luque, Paul Hanges
Project Globe: Global Leadership And Organizational Behavior Education, Marcus Dickson, Ariel M. Lelchook, Mary Sully De Luque, Paul Hanges
Management Faculty Publications
Book chapter focusing on using information from Project GLOBE (global leadership and organizational behavior effectiveness) to teach leadership in a global context.
Managing For Stakeholders, Stakeholder Utility Functions, And Competitive Advantage, Jeffrey S. Harrison, Douglas A. Bosse, Robert A. Phillips
Managing For Stakeholders, Stakeholder Utility Functions, And Competitive Advantage, Jeffrey S. Harrison, Douglas A. Bosse, Robert A. Phillips
Management Faculty Publications
A firm that manages for stakeholders allocates more resources to satisfying the needs and demands of its legitimate stakeholders than what is necessary to simply retain their willful participation in the productive activities of the firm. Firms that exhibit this sort of behavior develop trusting relationships with stakeholders based on principles of distributional, procedural and interactional justice. Under these conditions, stakeholders are more likely to share nuanced information regarding their utility functions, which increases the ability of the firm to allocate its resources to areas that will best satisfy them (thus increasing demand for business transactions with the firm). In …
Organizations As Place Builders, David F. Thomas, Jennifer E. Cross
Organizations As Place Builders, David F. Thomas, Jennifer E. Cross
Management Faculty Publications
We argue that the role of organizations as agents in the construction of place has been overlooked in the management and organizations literature. Using concepts from sociology, cultural geography, and management, we develop a typology that illustrates how organizations contribute to the social construction of place. This typology presents an analytic scheme for examining the place-building characteristics of organizations and a basis for developing theories on the interdependence between places and organizations.
Internationalization, Globalization, And Capability-Based Strategy, Stephen Tallman, Karin Fladmoe-Lindquist
Internationalization, Globalization, And Capability-Based Strategy, Stephen Tallman, Karin Fladmoe-Lindquist
Management Faculty Publications
Current trends appear to suggest that globally integrated strategies are the wave of the future for many industries, but no theoretically sound, firm-level model explains this situation. International business models explain industry trends from economic perspectives, and organizational theory is beginning to examine the organizing principles of multinational firms, but a gap exists in explaining the strategic motivations of multinational firms as they expand and integrate worldwide. This article develops a capability-driven, as opposed to market-driven, framework of multinational strategy. This contingent framework explains the organizational consequences of international expansion and global integration depending on the capability types, capability strategies, …