Essential Elements Regarding the Management of Company Stakeholders
Essential Elements Regarding the Management of Company Stakeholders

Author(s): Ovidiu Nicolescu
Subject(s): Social Sciences
Published by: Trivent Publishing
Keywords: stakeholders; organization; manager; relationship; performances;SMEs.;
Summary/Abstract: Focus on the stakeholders is a new management dimension of the best contemporary competitive companies. A new management approach based on stakeholders is fast developing. This study identifies the main company stakeholders and highlights their management interests. Based on the analysis of the manager - stakeholder relationship specificity and on their role in the organization, the main ways to involve stakeholders in company activities are identified - differentiated for internal and, respectively, external stakeholders. The final part of the study reveals the main advantages and limitations associated with the management of stakeholders (which represents a new feature of the professional management).

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