Friday, March 24, 2006

Who are the other stakeholders in the global economy?

The Bush administration told China on Thursday that it will be looking for concrete actions to lower trade tensions between the two nations in advance of a U.S. visit next month by Chinese President Hu Jintao.

Commerce Secretary Carlos Gutierrez, who will hold talks with Chinese officials next week in Beijing, said his message would be that the administration was looking for China to play a responsible role in the global trading community.

"This is a time for results," Gutierrez said in an interview with The Associated Press. "We will be very candid abour our expectations and about where we believe that action needs to take place in order for China to achieve that role as a responsible stakeholder" in the global economy.

Can the Administration produce the list of other stakeholders and can it identify the relative significance of these Stakeholders to re-enforce his view?

Would be good if he could. It would also be helpful to the Chinese to be able to have such intelligence.

Award for Barton Broad

Clear Water 2000 was a partnership involving the Broads Authority, Norfolk Wildlife Trust, Anglian Water, the Environment Agency, East of England Development Agency and Norfolk Environmental Waste Services, with involvement by a wide range of stakeholder and community groups.

Andy Brown, chief executive of English Nature, said: “The Barton Broad Clear Water project is a fantastic example of what can be achieved by bringing together different groups - sailors, fishermen, birdwatchers, walkers and ecologists to work out how to improve the broad.

“The results speak for themselves - clearer water, more aquatic plants, otters and kingfishers.”

Public Disclosure Document Released for Northern Lights Upgrader Project

Synenco Energy Inc., Managing Partner of the Northern Lights Partnership, released the Partnership's Public Disclosure
Document for the proposed Northern Lights Upgrader Project
. The Document,
which can be found on Synenco's website (www.synenco.com), provides
information about the Project and the company's anticipated timelines for
receiving regulatory approvals, conducting the Environmental Impact
Assessment, presenting its Community and Stakeholder Engagement Program and
its completion.

Member states opt for a 'network EIT'

EIT would bring together departments of universities, companies and research institutes to perform research, education and innovation activities in areas such as nanotechnologies, green energy and climate change. These departments and their personnel would be seconded to the EIT and thus cease to be part of their home organisations for 10-15 years. The EIT would receive funding from the EU budget, member states and businesses.

The results of the stakeholder consultation on the EIT were published on 13 March 2006. The report states that the consultation "reveals a positive attitude to the establishment of an EIT", even though the questionnaire failed to address the relevance of an EIT. Instead, the consultation considered the mission, added value, structure and priorities of an EIT.

U.S. official urges China to be "responsible stakeholder" in world trade system

A senior official with the U.S. Trade Representative Office (USTR) said here on Friday that China should be a "responsible stakeholder" in the world trade system.

James Mendenhall, general counsel of the USTR told business people and reporters at a business luncheon that negotiations with his Chinese counterparts earlier this week was "constructive" and will help to solve trade disputes between the two major trade partners.

The U.S. official and his colleagues talked with Chinese senior trade officials on bilateral trade ties and some disputes including intellectual property rights and auto parts trade.

Mendenhall said China has done a lot to protect intellectual property rights, he urged China to do more in that respect.

China-U.S. trade witnessed fast growth in recent years. Bilateral trade exceeded 210 billion U.S. dollars in 2005, according to Chinese customs figures.

Brunel University launches national stakeholder consultation forums on e-Government

Brunel University launches an ambitious programme of consultation forums across the UK for stakeholders to highlight challenges around the development of e-Government infrastructures. The move is part of a project towards the development of a Virtual Research Institute into eGovernment (VIEGO), funded by the Engineering and Physical Sciences Research Council (EPSRC) to help identify critical research issues that can be drawn from current e-Government implementations through the experiences of practitioners in local Government and beyond. The forums seek to engage with key stakeholders and capture their experience of implementing e-Government systems to-date, which will lead to the development of an integrated road-map for future e-Government implementations.

Sun-Sentinel recommends Jennings, Vespo

From the start, detractors have tried to paint Jennings, 29, as a fringe candidate who only has the ear of a radical few in Lake Worth. But that unfair assessment rang hollow in the March 14 election, when the high school youth mentor ran off with 737 votes, the third highest of eight candidates on the ballot, in her first run for elected office.

Her strong showing is validation for years of hard work in helping to address Lake Worth's needs. As chairwoman of the city-appointed Stakeholder Advisory Committee, she's helped draft a master plan for the city's development, and she has championed the need for affordable housing well before it became a common cry.

Stakeholders are important

Stakeholder makes offer

Business Reuters.co.in: "Hitech told the stock exchange earlier that Khandwala Securities had been appointed as merchant bankers for an open offer after Viswambharan acquired 24.85 percent in the company through the open market."

Schering AG Supports Bayer Offer: Financial News - Yahoo! Finance

Schering AG Supports Bayer Offer: Financial News - Yahoo! Finance: "'The Executive Board has carefully examined the proposal considering the interests of all stakeholders. The price of EUR 86 per share in connection with several other important commitments is a good offer. Joining forces of Schering and Bayer will form a leading specialized pharmaceutical company', says Dr. Hubertus Erlen, Chairman of the Executive Board of Schering AG. 'Both businesses are complementary and follow the same strategy. Together they will be even more competitive internationally'."

Thursday, March 23, 2006

How to identify Stakeholders

The typical citations in this blog come from people and organisations who use the term 'stakeholder'.

One assumes (with a tinge of doubt) that they have audited their stakeholder groups and have a prioretised analysis to hand. This means they will have a stakeholder mapping model.

To be effective organisations need good statistics to hand to help them in thier stakeholder relationships.

Some of the these statistics are valuable for priorety setting and others for budgeting and others are valuable for management analysis and to identify effectiveness of stakeholder plans.

The examples shown here are, we believe, representative of good practice (click on the images for a detailed view)


Stakeholder maps are uesful both for the development of stakeholder prioretisation and as a quick way to show the range and significance of stakeholder groups.

EU summit: Commitments for change

José Manuel Barroso outlines the commitments he will ask from EU leaders at the spring summit

When I announced the commission’s green paper on energy earlier this month I asked a rhetorical question: “Do we or do we not have the political will to forge a European common strategy on energy?”

I will ask the same simple question at the summit, but it will not be rhetorical. Stakeholders and citizens need an answer from their political leaders.

Senate bill undercuts commission’s effectiveness

Senate Bill 1785, as presently written, has several very serious flaws in the opinion of Save the Illinois River Inc..

Many of these citizens have been ones who traditionally have demonstrated the most sincere dedication to protecting Oklahoma scenic rivers from degradation. They are stakeholders who will suffer the greatest loss if our scenic rivers and Tenkiller Lake are not protected from pollution and poorly advised development. It would be a great shame for our state to ban them from voting in future OSRC elections.

Budget 2006: Grant Thornton's analysis

Planning gains supplement and brownfield land - a no-score draw

Property developers and landowners who were hoping that the Chancellor would drop the proposal to tax the uplift in land values when planning consent is obtained will be disappointed that the Planning Gain Supplement (PGS) is still on the agenda. A further announcement is expected toward the end of the year, which is likely to mean the Pre-Budget in November or December.

Cane said "There is faint hope in the words 'discussions with stakeholders will continue' that the government will modify or even abandon its proposals."

Ireland: Minister Browne meets with commercial salmon fishing representatives

23 March, 2006 - MINISTER John Browne T.D., described as productive yesterday’s meeting with several key representatives of the commercial salmon fishery industry in Dublin. The meeting was convened at the request of the representatives, following the recent recommendation made to the Minister by the National Salmon Commission. The representatives presented Minister Browne with a submission outlining their concerns with the recommendations made by the National Salmon Commission. They also presented Minister Browne with a report, compiled on their behalf, on the view of the commercial fishermen on the salmon fishery. Minister Browne accepted the submission and report and added that he welcomed input from any of the stakeholders involved in the sector: "Over the past weeks I have been consulting widely with those involved both directly and indirectly in the sector and I intend to consider all their views carefully before reaching any decision in this matter."

FSA, OFT to Cooperate on Regulation of Payment Protection Policies

"These improvements, and others like them that will be included in the Action Plan, will help reduce the administrative burdens on firms and assist in the delivery of risk-based regulation, the key objectives of the Hampton Report," said the announcement. "As such, and following consultation with stakeholders, the Government has concluded that a significant better regulatory outcome is achievable without changing regulatory responsibility for consumer credit."

FSA Chief Executive John Tiner commented: "The FSA and OFT have a common interest in delivering better regulation benefits. Building on our existing liaison arrangements we have identified improvements to our processes and practices that will benefit consumers, firms and our organizations."

John Fingleton, OFT Chief Executive, indicated: "OFT and FSA interests coincide in a wide range of areas, from ensuring that markets work well, to informing empowering and protecting consumers. We believe that we can and should work more effectively together to the benefit of all our stakeholders, to deliver greater benefits for consumers and the UK economy alike."

FSA, OFT to Cooperate on Regulation of Payment Protection Policies

FSA, OFT to Cooperate on Regulation of Payment Protection Policies: "'These improvements, and others like them that will be included in the Action Plan, will help reduce the administrative burdens on firms and assist in the delivery of risk-based regulation, the key objectives of the Hampton Report,' said the announcement. 'As such, and following consultation with stakeholders, the Government has concluded that a significant better regulatory outcome is achievable without changing regulatory responsibility for consumer credit.'"

EUROPA - Rapid - Press Releases

EUROPA - Rapid - Press Releases: "There is a need to be able to demonstrate to stakeholders that EFRAG's opinions to the Commission in the endorsement process are objective and well-balanced. For this reason, the Commission is considering creating a separate small group of independent financial reporting experts to review EFRAG’s opinions from these perspectives. These experts will not be involved in EFRAG’s work. Preliminary ideas for the creation of the High Level Group will be discussed with Member States shortly."

EUROPA - Rapid - Press Releases

EUROPA - Rapid - Press Releases: "On the basis of the proposed national lists, the Commission, in agreement with the Member States, must adopt the lists of “Sites of Community Importance”. Scientific seminars are then convened by the Commission for each bio-geographical region in order to analyse the Member States’ proposals in a transparent way. They are open to the Member States concerned and to experts representing relevant stakeholder interests, including owners, users, and environmental NGOs. These seminars are supported by the European Environment Agency, assisted by the European Topic Centre on Biological Diversity which is based in Paris, France."

Stakeholder Management Approach for Business Ethics

Stakeholder Management Approach for Business Ethics: "A stakeholder approach to business. Richard is from Norwich and obtained a BA To conclude, the stakeholder view asserts that managers should manage the

Ethical issues in business: A philosophical approach (7th ed.). Strategic management: A stakeholder approach. Boston: Pitman. Gilligan, C. (1982).

Stakeholder Management Approach to an Incident or Issue. Identify the stakeholders adapted from Weiss, Business Ethics, chapter 2. Who is a Stakeholder?

Business Ethics: A Stakeholder and Issues Management Approach. 3rd Edition (2003). Joseph W. Weiss. This text examines the role of ethics in the business

A Practical Approach to Business Ethics' (Management Decision, 28, 1, 1990, pp. Consider any top ethical values that might be prized by stakeholders.

chapters.indigo.ca > Item >Business Ethics: Stakeholder and Issues"

mediations: Interpreting EuroBlog 2006

mediations: Interpreting EuroBlog 2006: "For his presentation to the Stuttgart PR and Social Software Symposium Philip Young interpreted the results of EuroBlog 2006 in relation to the claims made for weblogs and social software by 'evangelists' such as Naked Conversationalists Scoble and Israel. I also highlighted two key findings which suggest European PR practitioners are either not aware of or have so far rejected two of the features that evangelists claim will have the most impact on PR practice.

Only 7.1 pc saw communicating directly with stakeholders (bypassing journalists) as most important, with a further 14.5 saying very important; 23.3pc undecided and 55.2 said not very important or least important.

The majority of respondents to Euroblog 2006, the first pan-European survey to investigate the use of weblogs in public relations and communication management, appeared to be unconvinced by this argument. There was a sharp split between converts and sceptics, with one in three practitioners regularly writing or contributing to weblogs but a quarter not engaging with the new medium.

EuroBlog suggests the penetration of weblogs into corporate communications culture by November 2005 was at best fragmented and incomplete. Although most respondents were aware of weblogs, this awareness was at a low level. The picture of a ‘two-speed Europe’, with a clear divide between those who are embracing the new opportunities and those who remain to be convinced.

Here weblogs are seen as an opportunity for sidestepping traditional media gatekeepers; if an organisation (or in some constructs, many, many people within an organisation) can interact with publics it has the advantage that messages go out unmediated, without journalistic distortion, addition or subtraction, that has led the more radical commentators to proclaim that “PR is dead."

Press relations may be and there is a major evolution needed but....

Monday, March 20, 2006

Kruse Kronicle: Speaking in Tongues

Kruse Kronicle: Speaking in Tongues: "Professor Elaine Sternberg of Tulane University made a solid case against CSR. She argued that, by giving a hazily defined class of 'stakeholders' a say over corporate decisions, 'CSR would deprive owners of their property rights.' She noted that, 'Business ethics is about conducting business ethically,' not about pursuing goals extraneous to the company's mission. And, because business ethics derives from the very nature of business, owner value is enhanced over the long term by ethical business behavior.

Elaine Sternberg offered a good starting point. Some subsequent panelists who agreed with her put forth views consistent with hers. But many who did not simply talked past the problem of defining 'responsibility,' and put forth policy recommendations based on assumption businesses must address certain problems. Worse, the most often cited such 'problem' was climate change, which, as noted, may not be a problem at all."

Kruse Kronicle: Speaking in Tongues

Kruse Kronicle: Speaking in Tongues: "Professor Elaine Sternberg of Tulane University made a solid case against CSR. She argued that, by giving a hazily defined class of 'stakeholders' a say over corporate decisions, 'CSR would deprive owners of their property rights.' She noted that, 'Business ethics is about conducting business ethically,' not about pursuing goals extraneous to the company's mission. And, because business ethics derives from the very nature of business, owner value is enhanced over the long term by ethical business behavior.

Elaine Sternberg offered a good starting point. Some subsequent panelists who agreed with her put forth views consistent with hers. But many who did not simply talked past the problem of defining 'responsibility,' and put forth policy recommendations based on assumption businesses must address certain problems. Worse, the most often cited such 'problem' was climate change, which, as noted, may not be a problem at all."

LeverWealth: Cracks in the Foundation of Stakeholder Theory by: Andrew R. Weiss Introduction

LeverWealth: Cracks in the Foundation of Stakeholder Theory by: Andrew R. Weiss Introduction: Stakeholder Theory has become an established framework within which to identify and examine the impact of organization action. It has been used to inform discussion of corporate governance, business ethics, strategic management and organizational effectiveness.

The model rejects the idea that the enterprise exists to serve the interest of its owners, be that maximizing their wealth or some other reason for being in business. Rather, the model is based on the idea that the enterprise exists to serve the many stakeholders who have an interest in it or who in some way may be harmed'"

Reflections of my life...: Stakeholders Management

Reflections of my life...: Stakeholders Management: "Today, five officers from my department attended a workshop on Stakeholders Management. The resource person was Dr. Catherine Chandler-Crichlow from Toronto International Leadership Associates Inc. The session was interesting with a lot of interactions, presentations and role-plays. None of us escaped the drills and it was fun. The workshop stimulates thought that drives action on dealing with interests, needs and concerns."

Attentio Blog » Blog Archive » Horizons 2020 - Future of social media (blogs

Attentio Blog » Blog Archive » Horizons 2020 - Future of social media (blogs : "This means that there will be even more information available for companies to get access to, to get a broader understanding of what their consumers and stakeholders really feel about their brands and products and we think this is very exciting. Where 5 years ago the content posted on the Internet was mainly company generated going forward this balance will be shifting."

Communication measurement 101 at NevilleHobson.com

Communication measurement 101 at NevilleHobson.com: "I was reading some of the excellent commentaries posted in the new IABC Communication Commons series of blogs which launched last month.

One gem in particular caught my attention - Connecting inputs to outcomes, a common-sense and concise view of communication measurement by Angela Sinickas posted to IABC Measurement Commons.

Break out specific behaviors/actions for different key stakeholders that need to change in order to achieve the business outcome. (This is the step most communication plans skip over.)

Use qualitative research with the affected stakeholders to identify what knowledge and attitude changes are required before they would change their behaviors, and which communication channels would be preferred for knowledge and for attitude inputs.

Develop your communication tactical plan with specific messages and channels you will use to influence "

The Center for PR Education: The Best PR Has to Offer Managers

The Center for PR Education: The Best PR Has to Offer Managers: "How cool is this? You're a business, non-profit or association manager. You decide to get serious about your public relations and shift the spotlight away from communications tactics. You implement an action blueprint that (1), helps you persuade your key external stakeholders to your way of thinking. And then (2), helps move them to take actions that lead to your success as a department, division or subsidiary manager.

However, managers know that achieving any goal demands the right supporting strategy to show you how to reach it. Considering the workload, you'll be glad to know that opinion/ perception matters allow just three strategy choices: create perception where there isn't any, change existing perception, or reinforce it. But be alert to the need to select a strategy that directly complements your public relations goal.

You're in luck because you will benefit from a long list of communications tactics to help carry your message to the eyes and ears of members of your target audience. The list includes tactics like speeches, special events, media interviews and newsletters as well as press releases, customer briefings, facility tours, emails and quite a few others. Only caution here is, research each tactic carefully to be certain it has a record of reaching people just like those who make up your target audience.

Answering the opening question, using a public relations blueprint of this nature can be extremely 'cool.' Especially when you, as a unit manager for a business, non-profit or association, take these steps to help persuade your key outside stakeholders to your way of thinking, then help move them to take actions that lead to your managerial success."

UNU-MERIT Access 2 Knowledge Hub

UNU-MERIT Access 2 Knowledge Hub: "UNESCO opens online platform for planning multi-stakeholder implementation of WSIS Plan of Action.

Ceiling Fan: BASF Publishes Corporate Report 2005, Report Struc

Ceiling Fan: BASF Publishes Corporate Report 2005, Report Struc: "LUDWIGSHAFEN, Germany, March 14, 2006 -- Shaping the future is the title of BASF?s Corporate Report 2005. This year's report is structured along the lines of BASF's relevant stakeholder groups: shareholders, business partners, employees, neighbors and society, and the environment."

Vancouver Social Enterprise Forum: Workshop: April 6, On-line Stakeholder Engagement

Vancouver Social Enterprise Forum: Workshop: April 6, On-line Stakeholder Engagement: "As part of SFUs Sustainable Communities initiative, Alexandra Samuel and Ann Svendsen will present a one day workshop to explore 'On-line Stakeholder Engagement'.

... give you the knowledge and understanding to incorporate online tools into your own engagement toolbox. Designed for leaders from business, government and civic society organizations, the workshop will combine hands-on exploration of online tools with an introduction to the models and practices you need for your own online engagement planning."

pro2: Lord and lady Muck

pro2: Lord and lady Muck: "Lord Rogan - chairman of Stakeholder Communications; visit to the Turkish Republic of Northern Cyprus (in 2004) as a member of the Friends of Northern Cyprus Group and guest of the Government of Northern Cyprus."

Understanding Organizational Stakeholders for Design Success

????????: Understanding Organizational Stakeholders for Design Success: "Stakeholder analysis serves a dual purpose. Information gleaned from stakeholder analysis is helpful in creating design solutions that are appropriate to the business context. This is important for making sure that user experience design moves in concert with the rest of the company. Secondly, stakeholder analysis helps gain greater acceptance of design solutions. This goal is fulfilled even when it is not possible to fulfill the first goal. For example, consider a redesign of an ecommerce site that has a risk of causing an immediate revenue reduction. Even if there is no way to eliminate the risk of revenue reduction, stakeholder analysis will help the user experience practitioner anticipate what the objections to this project could be and build a business case to show why the redesign is necessary for the long-term growth of revenue. Forewarned is forearmed.

Sometimes it is difficult to get meetings with influential stakeholders. In this case, the best substitute for a face-to-face meeting is to schedule interviews with a subordinate of the stakeholder. If your project is truly of interest to the stakeholder, the subordinate will be familiar with the stakeholder's position on the issue and will, in effect, be representing the stakeholder on that issue, much as a lawyer represents a client. Meeting with the subordinate will get you the information you need, and the stakeholder will feel that they have had input into your project.

High Influence, Low Interest: Stakeholders with high power, but low interest need to be broadly satisfied. They won’t pay attention to the fine print of your project, since they perceive the project as not affecting them. However, they have influence on whether the project will be a success: for example, they may have a vote during the approval process of a project. The goal of your interactions with this type of stakehol"

Boston University IS850: Winning in the Network Era: Longtail blog (plus more longtail)

Boston University IS850: Winning in the Network Era: Longtail blog (plus more longtail): The author comments on the consumer impact on the Lego Mindsotrm product. It is an interesting example of how consumers can influence prodded design and functionality. Is it practical that consumers become builders in the network era? Think about how that changes stakeholder management.

meetings industry soapbox: Happy Stakeholders, Aisle 7

meetings industry soapbox: Happy Stakeholders, Aisle 7: "Wal-Mart Stores has posted an unusual help-wanted position on its Web site. The retail giant is looking to fill the post of, 'senior director of stakeholder management.' It's no secret that the worlds largest company has been criticized by its employees, its customers, and its vendors for years as being too monolithic. This new position seems to be a step towards taking greater responsibility to see that those three elements interact with the Wal-Mart brand more harmoniously.

The stakeholder concept has been buzzing around the meetings industry for a number of years. When it works, a true paradigm shift takes place in how the hospitality industry and the meetings industry do business together. Every time suppliers deemphasize trying to maximize profits and planners likewise become less focused on minimizing costs, both become true stakeholders capable of providing those home run-type experiences that internalize the brands of the suppliers and the host organizations in the minds the attendee and management stakeholders."

Thursday, March 16, 2006

1 The Future Research Group Department of Commerce Massey University at Albany Working Paper 03.10

1 The Future Research Group Department of Commerce Massey University at Albany Working Paper 03.10: "Relationship Marketing is evolving from an almost exclusive customer orientation to a stakeholder orientation including employees, suppliers, shareholders, the community, as well as customers. Business philosophy is also evolving from the traditional single business objective of achieving a single bottom line of maximum economic returns to shareholder stakeholders, to the Triple Bottom Line (TBL) philosophy of a tripartite sustainable business objective ofachieving optimum economic, social, and environmental returns to all stakeholders. At the same time there is an increasing requirement that marketing performance be linked to profitability. This paper examines whether a stakeholder and Triple Bottom Line augmentationof relationship marketing enhances profitability. The Stakeholder Business Model is the measurement model used to measure presentstakeholder attitudes as timely, early warning signals of emerging stakeholder behaviour and concomitant emerging business performance in a Stakeholder Performance Appraisal. Appraisal results to date indicate that a stakeholder relationship marketing orientation significantly enhances business profitability beyond that achieved by a customer relationshipmarketing orientation. A further augmentation with TBL philosophy provides a very significant additional enhancement to business profitability.

Strategic Corporate Social Responsibility as Stakeholder Management:

Strategic Corporate Social Responsibility as Stakeholder Management:: "The term corporate social responsibility (CSR) may cause unnecessary ambiguity for companies. In particular, global scale companies including SAMSUNG electronics and LG electronics keep spending various resources for the related activities without coherent notion on the concept of CSR. But what does corporate social responsibility mean to companies? Without clear understanding about the meaning of CSR, how companies can respond or take actions on it? In this study, CSR indicates corporate stakeholder responsibility. Having relevant key stakeholders in corporate businessactivities, companies may know how to respond or deal with them in a strategic waywithout losing competitiveness. This study attempts to answer how and why companies respond differently to their stakeholders. The study found that identified key stakeholders by decision makers resulted in different strategic choices or responses. It may imply that unidentified stakeholders have no influence or impact on corporate business activities.

Stakeholder Analysis for Systems Thinking and Modelling

Stakeholder Analysis for Systems Thinking and Modelling:

Systems thinking and modelling framework involve five major phases: problem structuring, causal loop modelling, dynamic modelling, scenario planning "

Cracks in the Foundation of Stakeholder Theory by: Andrew R. Weiss Introduction

Cracks in the Foundation of Stakeholder Theory by: Andrew R. Weiss Introduction

"Stakeholder Theory has become an established framework within which to identify and examine the impact of organization action. It has been used to inform discussion of corporate governance, business ethics, strategic management and organizational effectiveness. Donaldson and Preston note that 'a dozen books and more than 100 articles with primary emphasis on the stakeholder concept have appeared and that 'the stakeholder model has become a standard element of 'Introduction toManagement' lectures and writings' (1995:65-66). In fact, one might argue that Stakeholder Theory is approaching paradigm status. It consists of a general system of ideas and assumptions, standard examples and established assertions. Given its broad impact, the general foundation and assumptions on which the broad outlines of Stakeholder Theory rest warrant examination.Stakeholder Theory posits a model of the enterprise in which 'all persons or groups with legitimate interests participating in an enterprise do so to obtain benefits, and there is no prima facie priority of one set of interests and benefits over another' (Donaldson and Preston, 1995:68). The model rejects the idea that the enterprise exists to serve the interest of its owners, be that maximizing their wealth or some other reason for being in business. Rather, the model is based on the idea that the enterprise exists to serve the many stakeholders who have an interest in it or who in some way may be harmed or benefitted by it.Stakeholder Theory may, as Donaldson and Preston (1995) point out, be stated in descriptive,instrumental or normative terms. For example, Brenner and Cochran offer a Stakeholder Theory of the firm to 'describe how organizations operate and to help predict organizational behaviour' (1991:452). Freeman (1984, 1991), on the other hand, uses"

Intranet Portal Guide - Intranet Watch: Stakeholder Analysis and Stakeholder Management

Intranet Portal Guide - Intranet Watch: Stakeholder Analysis and Stakeholder Management: "Influence is defined as the extent to which a stakeholder is able to act on project operations and therefore affect project outcomes. Influence is a measure of the power of the stakeholder. Factors likely to lead to higher influence include the extent of control over the project funding and the extent to which the stakeholder informs decision-making around investments in technology and business change.

Primary stakeholders (with high influence and importance to project success) are likely to provide the project ‘coalition of support’ in planning and implementation. As such, you should partner them to increase their engagement and commitment (revising and tailoring project strategy, objectives and outcomes if necessary to win their support).

Secondary stakeholders with higher influence but lower importance need to be ‘kept on board’. You should consult with them to actively seek their opinions and input for key decisions (and not only those which may affect them directly). It is unlikely you would alter your strategy as a result of such consultation, but you might well alter your tactics (e.g. the who, when or where of project plans) to maintain higher levels of commitment.

Secondary stakeholders with lower influence but higher importance need to be kept informed of decisions taken that may affect them directly. It is unlikely that they would play an active role in making those decisions. However, were they to highlight a particular issue with a decision, it is likely serious consideration would be given to refining the decision made.

Stakeholders are key to successful Project Delivery in the modern organisation. Both Stakeholder Analysis and Stakeholder Management are vital tools and should be used iteratively throughout a project to keep everyone on the same page. Be aware that different approach"

keepMEcurrent.com - Government News - Current Publishing, LLC

keepMEcurrent.com - Government News - Current Publishing, LLC: "Connors said the chamber, health care providers and insurance carriers 'have been working together with an eye on improving not destroying' the Dirigo Health program. They feel the assessment is unfair since it would be paid by those employers that provide health insurance to pay for those that don’t.

The stakeholders group invited to the meeting included the Maine Hospital Association, Anthem and Aetna insurance companies, Maine Small Business Alliance, Maine Health, Maine Health Purchasing Collaborative, Maine Association of Health Plans, and Bath Iron Works. All have been involved in Dirigo Health from the start. Several legislators also were in the group, including some Republicans who crashed the meeting.

The invitation for feedback comes as a bill sponsored by Sen. John Martin, D-Aroostook County, is making its way through committee that would prohibit insurance companies from passing along the assessment to their clients through premium hikes. Insurance companies say if they can’t pass along the assessment it will make it unprofitable to continue to do business in Maine."

Ministers Meet With Agricultural Stakeholders on World Trade Organization Negotiations

Ministers Meet With Agricultural Stakeholders on World Trade Organization Negotiations: "'Canada's agriculture industry has an important role to play in working with the Government of Canada to help us achieve an outcome to these negotiations that strengthens the Canadian economy and benefits the whole agriculture and agri-food sector. That is why today's roundtable discussion was so important, and why this government will continue to work closely with the industry in the weeks and months to come.'

In 2005, Canada exported $26.2 billion and imported $21.1 billion in agriculture and agri-food products. Canada's agriculture and agri-food exports have more than doubled since the early 1990s, with exports of consumer-oriented products more than quadrupling over this period. However, foreign subsidies and market access barriers persist in distorting the international markets in which Canada competes. For that reason, international trade negotiations, including the World Trade Organization (WTO) agriculture negotiations, are very important to Canada's agri-food sector.

In December 2005, WTO member countries, including Canada, adopted a Declaration reflecting negotiations which took place at the WTO's 6th Ministerial Conference in Hong Kong. The Hong Kong Conference achieved progress on several issues important to Canada's agricultural sector- for example, agreement to eliminate export subsidies by the end of 2013, and agreement that those countries with the highest levels of trade-distorting domestic support (e.g., the U.S. and the EU) will make the greatest cuts.

Stakeholders want EFSA to play greater role in nutrition

Stakeholders want EFSA to play greater role in nutrition: "The Parliament is rooting for a notification procedure, which would allow manufacturers to put a product on the market with a specific health claim without receiving authorization in advance. If doubts were raised over scientific basis on the claim, EFSA would then be called on to make a decision. However the Council favours full pre-market approval, which it is expected would be evaluated by EFSA.

Other tasks it is expected EFSA would fulfill, according to the 2006 Management Plan that was approved by the board in December 2005, are: providing guidance and advice on nutrient profiles for foods bearing claims; providing guidance and advice on permitted claims; and developing guidelines for the implementation of preparation and presentation of information necessary to support health claims.

However the stakeholders' opinion comes at a time when the budgetary climate is far from ideal: at the end of January EFSA revealed that it could be facing a funding crisis, after the EU Council proposed capping the budget for the 3B heading, under which EFSA falls, at €220 million for the period 2007 to 2013.

The annual budget for 3B was €220 million in 2006 (of which €46.6 million was allocated to EFSA). It was originally forecast that this would increase over time, to €290 million in 2013.

Meanwhile, these funding issues were also discussed at the consultative platform last week, with the consensus that if its budget is cut EFSA will not be able to carry out all the tasks with which it is charged and will therefore have to prioritise."

Antigua Sun

Antigua Sun: "The sick-out exercise may seem trivial from the perspective of persons, other than pilots, but in an overall sense, it is riveting. The problem must be assessed from a holistic perspective, not strictly from the pilots' standpoint.

The pilots are not the only group which is aggrieved. There are other stakeholders in the overall scheme of things namely the company, its suppliers, the engineers, the flight attendants, the ground staff at the various destinations served by LIAT, and the clerical staff of the company."

$25m sponsorship deal leaves some crying into their beers - Cricket - Sport

$25m sponsorship deal leaves some crying into their beers - Cricket - Sport: "AUSTRALIAN cricket stakeholders have expressed dismay over Cricket Australia's decision to re-sign major sponsor Foster's to a new five-year deal without courting interest from rival brewers."

Public schools to welcome gay rights- from Pink News- all the latest gay news from the gay community - Pink News

Public schools to welcome gay rights- from Pink News- all the latest gay news from the gay community - Pink News: "The recommendations were drafted by Haynes and Wayne Jacobsen of BridgeBuilders, an organisation that helps schools and communities find common ground on religious issues. Representatives from the Christian Educators Association International (CEAI) and the Gay, Lesbian and Straight Education Network (GLSEN) also served on the drafting committee and endorsed the process recommended in the guide.

“The strength of these guidelines is the focus to include all stakeholders impacted by this issue, which clearly includes the Faith Community. We need to be sensitive to listen and show respect for individuals with opinions on all sides of this issue even if we don't agree with them. In this type of environment, those expressing views based on religious convictions or personal experience can do so without violating their own personal convictions,” he said.

The new guidelines are the latest in a series of common-ground statements developed and published by the centre and endorsed by a broad range of religious and educational groups. In 2000, three of these consensus guides on religious liberty in public schools were sent by the U.S. Department of Education to every public school in the United States."

allAfrica.com: Nigeria: You're Cowards, Galadima Tells Stakeholders

allAfrica.com: Nigeria: You're Cowards, Galadima Tells Stakeholders: "FA Chairman, Ibrahim Galadima yesterday branded stakeholders as cowards for refusing to settle their differences with him and preferring to go to Zurich to present the case to World soccer-governing body, FIFA. 'I called them for us to discuss but they preferred to wash their dirty linens before the international community. They took it to FIFA, instead, and have been shamed by FIFA's action."

Shetland embraces fish farm code

Shetland embraces fish farm code: Speaking before heading off to the code's launch at Dynamic Earth, in Edinburgh, David Sandison, Shetland Aquaculture's general manager, said: 'The code has evolved from other standards and codes that the industry has adopted in the past.

'What sets it apart is that it has been adopted at a national level, setting a firm benchmark that will be recognised by all customers, stakeholders and government agencies which not only surpasses legal requirements, but will also be fully audited by a UKAS approved inspection service. The industry will also report to government on levels of uptake and compliance."

Basketball stakeholders disagree on FIBA 'amendment' - INQ7.net

Basketball stakeholders disagree on FIBA 'amendment' - INQ7.net: "Basketball Association of the Philippines (BAP) president Joey Lina said yesterday the stakeholders misunderstood the essence of the memorandum of understanding between the FIBA and the POC, a fact contested by two major proponents of the formation of the new group.

Tuesday, March 14, 2006

Using on-line tools to re-purpose information

In developing relatioinships with stakeholders, there is a case for examining how information has to be provided as part of creating relationships. Examples include re-purposing information to provide different content for different approaches.