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"The advantage comes from taking a stakeholder rather than a shareholder view of management," said the study.
This experience has taught me that in free markets, a fair and a strong economy grows, the harder you work the more you get, and you become a stakeholder rather than a mere spectator.
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In order to determine a reasonable benefit sharing policy system, this study employs a new perspective, which treats the reservoir migrants as a formal project stakeholder rather than the passive "compensation receivers" previous practices have considered them to be.
4) There was an emphasis on stakeholder rather than shareholder views.
Rightsholder interviews were conducted with the most marginalised stakeholders, rather than with a random sample.
The decision to conduct interviews with individual stakeholders rather than groups was based on a consideration of the cultural context and the readiness of stakeholders to offer critical views of their superiors and their organisations.
Wicks et al. (2010) report that the stakeholder approach is not CSR, but where a socially responsible organization coordinates the long-term interests of their stakeholders, rather than tackling the problems of society as a whole.
These regeneration activities are planned and delivered by a variety of stakeholders rather than by the researchers.
The emphasis in UKERC was on integration in the first phase and diversity and flexibility in the second phase – a pattern largely imposed by funders, assessors and stakeholders, rather than by internal strategy.
This ties directly into the whole movement towards sustainable development, which relies on listening to and engaging with all stakeholders, rather than seeking to command and control and respond to only to those who have a seat at the top table.
The NGO's role becomes one of supporting capacity building and knowledge sharing among these stakeholders, rather than designing and implementing projects and programmes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com