Making Sense of Stakeholder Management

This book responds to calls for more empirical research into the managerial sense-making of the stakeholder concept by exploring how managers make sense of stakeholder management in complex and challenging business contexts. It offers a contribution grounded on the what, why, when, who, and how of stakeholder management, which are questions of interest to academics and practitioners.

Format: Hardback
Length: 130 pages
Publication date: 08 June 2023
Publisher: Taylor & Francis Ltd

Drawing back on the ever-evolving stakeholder management theory, this comprehensive book responds to the growing demand for empirical research into the managerial understanding of the stakeholder concept. It delves into the intricate process through which managers make sense of stakeholder management, particularly in complex and demanding business environments. By offering a deep exploration of managers' sense-making intended as their interpretation and comprehension of social interactions, this book makes a significant contribution to the advancement of the managerial branch of stakeholder management theory.

The authors of this book have crafted a valuable contribution that addresses the fundamental aspects of stakeholder management. By posing questions such as "what," "why," "when," "who," and "how," the authors aim to shed light on the intricacies and nuances of stakeholder management. These questions resonate not only among academics but also among practitioners, as they seek to navigate the complex landscape of stakeholder engagement and decision-making.

The book is organized into several chapters, each dedicated to exploring different aspects of stakeholder management. The first chapter provides an overview of the theory and its historical development, while the subsequent chapters delve into specific aspects such as identifying stakeholders, assessing stakeholder interests, developing stakeholder strategies, and managing stakeholder relationships. Each chapter is filled with practical examples, case studies, and insights from industry experts, making the content accessible and applicable to managers across various sectors.

One of the key strengths of this book is its ability to provide a holistic and integrated perspective on stakeholder management. It recognizes that stakeholders are not just external entities but also include internal stakeholders such as employees, customers, and shareholders. The authors argue that effective stakeholder management requires a balanced approach that considers the interests and perspectives of all stakeholders, ensuring that decisions are made in the best interests of the organization and its stakeholders.

Another notable aspect of the book is its emphasis on the practical application of stakeholder management principles. The authors provide actionable strategies and tools that managers can use to identify, engage, and manage stakeholders effectively. They offer insights into the challenges and opportunities that arise in stakeholder interactions, and provide guidance on how to navigate complex stakeholder dynamics and build sustainable relationships.

In conclusion, this book is a valuable resource for managers, students, and researchers interested in advancing their understanding of stakeholder management. It offers a comprehensive and insightful perspective on the theory and practice of stakeholder management, providing practical insights and strategies that can help organizations achieve sustainable success in today's complex and interconnected business world.

Weight: 421g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032516967