• Title/Summary/Keyword: Stakeholder Management

Search Result 300, Processing Time 0.023 seconds

Stakeholder Analysis on Korea's Trade Negotiation (한국 통상협상 국내 이해관계자 분석)

  • Ko, Bo-Min
    • Korea Trade Review
    • /
    • v.42 no.5
    • /
    • pp.161-182
    • /
    • 2017
  • This study is to conduct a stakeholder analysis using Project Stakeholder Management Model established by US Project Management Institute (or PMI) in order to identify current stakeholder related to Korea's trade policy and to establish the stakeholder management process for Korea's trade negotiation. Project Stakeholder Management Model includes four stages such as identifying, planning, managing, and controling stakeholder. The stakeholder management process for Korea's trade negotiation classifies domestic stakeholder into two category; internal stakeholder and external stakeholder. This research suggests that Korea should invite consumer groups, labor unions, and farmer's association into the official communication channel of trade authority while unifying the current stakeholder management divisions and relevant advisory committees within the trade ministry.

  • PDF

A Study on necessity of Stakeholder Management for Urban Regeneration (도시재생사업에서의 Stakeholder Management 필요성에 관한 연구)

  • Lee, Seul-Ki;Yu, Jung-Ho;Kim, Chang-Duk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2008.11a
    • /
    • pp.909-913
    • /
    • 2008
  • We face with difficulty of Urban Regeneration because of conflict between complex stakeholders by structural characteristics of Urban Regeneration. Actually, many parts of stakeholder are assumed and conflicts of stakeholder aren't solved using systematic management. Therefore, In this study, I analyzed definition and special quality of Urban Regeneration and proposed necessity of Stakeholder Management that manages suitable communication and their relation of each stakeholder through grasping and analyzing stakeholder as Program Management for Urban Regeneration.

  • PDF

Upward Influence to Overcome Hierarchical Authority Expectations: A New Approach for Stakeholder Management

  • Fan, Yang;Anantatmula, Vittal
    • Journal of Construction Engineering and Project Management
    • /
    • v.2 no.2
    • /
    • pp.28-35
    • /
    • 2012
  • Critical to project success is effective stakeholder management. This paper presents a challenge for the project manager who uses traditional approaches to manage mid-level stakeholders in an organization. Dual roles of a mid-level stakeholder (as a stakeholder of a project and as an agent of the corporate) may cause problems that would result in difficulties for project managers in identifying the stakeholder's attributes and overcoming hierarchical authority expectation. However, the dual roles of the stakeholder result in its weakness in the project-stakeholder relationship. Can a project leverage its strategic role for effective upward influence by linking project objectives to corporate strategic objectives? To address this research question, case study method was used to gain a deeper understanding of mid-level stakeholder's salience. This research proposes an upward influence strategy to embed a project-stakeholder relationship in a hierarchical stakeholder network.

Study on the Influence of Stakeholders in Construction Projects

  • Rajeev, S.;Kothai, P.S.
    • Journal of Construction Engineering and Project Management
    • /
    • v.4 no.2
    • /
    • pp.8-11
    • /
    • 2014
  • The interactions and interrelationships between stakeholders largely determine the overall performance of a construction project, and have the crucial responsibility for delivering a project to successful completion. An important component of stakeholder management is stakeholder analysis. Two case studies are conducted within Kerala (India). The main objective was to carry out stakeholder analysis using stakeholder organiser deluxe software, considering the data's collected from the project execution team using questionnaire. During data collection the key stakeholders were identified, to know how to manage them, their interest, power, attitude level etc, for quality improvement. Analyze the results using the software Stakeholder organizer deluxe and modeling of stakeholders is to be done. Finally validate the models of the projects. These findings may mainly reflect the stakeholder management environment in the respective regions of project implementation.

The Effect of Supply Chain Management on Stakeholder Engagement: Empirical Evidence from Indonesia

  • DARMASTUTI, Ismi;GHOZALI, Imam;DJASTUTI, Indi
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.4
    • /
    • pp.1013-1020
    • /
    • 2021
  • This study examines the role of dynamic socio-emotional capabilities to increase proactive stakeholder engagement in family businesses. The research sample includes all furniture enterprises scattered in Jepara Regency sub-districts as many as 3,945 companies. The sampling in this research is purposive; as many as 210 respondents, 181 could be used. The sampling unit is the owners and managers, considering that most company owners are also company managers. This study examines how learning and supply chain management in the family business can be integrated to enable a set of resources and capabilities provided by the family to be developed to build closer relationships with stakeholders. The findings showed the importance of a family business's supply chain management perspective in the relationship between dynamic socio-emotional capabilities to mediate organizational learning to proactive stakeholder engagement significantly. Based on this study's results, companies can build dynamic socio-emotional capabilities through organizational learning to increase proactive stakeholder engagement. Dynamic socio-emotional capabilities proved to play a role as a mediator for organizational learning by family companies for proactive stakeholder engagement.

Measuring Performance to Engage the Extended Project Team in Construction

  • Bal, Menoka;Bryde, David
    • Journal of Construction Engineering and Project Management
    • /
    • v.5 no.1
    • /
    • pp.1-10
    • /
    • 2015
  • In construction, stakeholders of extended project team play a key role in the overall project performance. Successful integration of stakeholders demands for good management practices at strategic, operational and project levels. Targets and measures to improve the stakeholder performance encourage the creativity and willingness of stakeholders of extended project team to develop the better ways to achieve the project objectives. This paper presents a generic descriptive method, showing how stakeholder's ability and influence impacts on project performance in the construction sector. The findings of a series of interviews with key informants are presented and the following main conclusion is drawn: improving project performance through stakeholder's contribution and measuring their performance can strengthen the project performance. This innovative approach which redefines the process of improving the project performance in construction projects will be of interest to those who intend to manage the projects in practice as well as to those who interested in advancing theory.

Benefits of Early Stakeholder Involvement in Korean Railway Infrastructure Project

  • KANG, SungWook;KIM, DongHee;YU, JaeKyun;LEE, KyungChul;MOON, DaeSup
    • The Journal of Economics, Marketing and Management
    • /
    • v.9 no.5
    • /
    • pp.15-25
    • /
    • 2021
  • Purpose: In the Korean railway infrastructure process, contractors and operators are involved at a later stage, which results in significant inefficiency. This study examines the benefits of early stakeholder involvement in Korean railway infrastructure projects and provides practical guidelines. Design, data and methodology: Literatures and foreign cases are analyzed. Building on the new product development model, we derive propositions explaining the relationship between early stakeholder involvement and the performance of Korean railway infrastructure project. Results: Major propositions include that early involvement of contractor has a positive effect on the project performance by shortening the infrastructure construction period and that early involvement of railway operator has a positive effect on the project performance by improving the effectiveness of railway infrastructure. Four requirements for the success of early stakeholder involvement are addressed. Conclusions: This study suggests that early stakeholder involvement shortens the construction period and improves railway infrastructure effectiveness. Academic contribution is to present the framework on railway infrastructure projects as holistic interactions among stakeholders. Practical contribution is to provide railway policy makers and other business practitioners with policy guidelines to improve railway infrastructure project process and to recommend an open access to relevant data.

A Study on the Stakeholder's Consciousness Analysis and the Task Ahead towards Rural Landscape Management Polices (농어촌경관 관리정책에 대한 관련 주체의 의식분석 및 향후 과제)

  • Park, Jin-Hyeon;Hwang, Han-Cheol
    • Journal of Korean Society of Rural Planning
    • /
    • v.18 no.3
    • /
    • pp.123-135
    • /
    • 2012
  • This study aims to make a comparison of the attitudes between residents, officials and experts towards the rural landscape management polices. It is also designed to suggest the improvements to the rural landscape management policies. This study showed that there were differences in awareness of the rural landscape management polices depending on stakeholder who are residents, officials and experts and experienced groups of rural landscape projects. The directions of improvement of rural landscape policies are as follows: First, it's necessary that the various rural landscape management polices is made of considering the differences on the interest group's recognition. Second, the related rural landscape improvement programs should be implemented based on those plan. Third, the various programs which are to lead voluntary residents participation and to strengthen participant's capabilities have to be arranged to manage the rural landscape effectively.

Development of Stakeholder Analysis Framework for Collaborative Tourism development (협력적 관광개발을 위한 이해집단 분석틀 개발에 관한 연구)

  • Shin, Yong-Seok
    • Journal of the Korean Geographical Society
    • /
    • v.44 no.5
    • /
    • pp.647-660
    • /
    • 2009
  • Although tourism has been quite popular as development strategy, the outcomes may vary dependent upon managing stakeholders involved. Thus, stakeholder management has been the subject of growing research interests recently. Collaboration theory was suggested as an alternative to this question; however, collaboration theory may provide potential benefits, it lacks in consideration into stakeholder power relations. The purpose of this paper is two foleded. One is to examine critically collaboration theory in the context of tourism development, and address the necessity of stakeholder analysis framework, and the other is to provide the framework. This paper argues that careful analysis of stakeholders from diverse perspectives should be done in advance, and presents stakeholder analysis framework which consists of six analysis indicators: interest, perspective, power base(resource), involvement, influence, and legitimacy. The framework consists of three stages: (1) identifying stakeholder, (2) assessing stakeholder, and (3) establishing strategies. It is argued that the framework in this paper can be useful to analyze stakeholders and to set up strategy for more collaborative tourism development.

The Theoretic Approach of the New Policy (Autopoiesis) for Development of Stakeholder-Oriented Multidimensional Convergence Healthcare Industry (사용자 중심의 다차원적 융복합헬스케어산업 발전을 위한 새로운 정책(Autopoiesis)의 이론적 근거와 방향)

  • Lee, Hyung Bae;Lee, Tae Gon;Ryu, Gyu Ha;Lee, Kyu-Sung
    • Journal of Biomedical Engineering Research
    • /
    • v.38 no.4
    • /
    • pp.205-210
    • /
    • 2017
  • The convergence healthcare industry in Korea has been stalled due to conflicts between stakeholders as well as a supplier-centered industry structure. This situation is caused by the structural contradiction in which the Korean industry has a prolonged conflict structure among stakeholders due to a strong regulation and an institutional inertia from the viewpoint of the sociotechnical system. Therefore, it is necessary to identify new system management plan that enhances social acceptability such as laws, customs and ideas while reducing conflicts between stakeholders. In this study, mainly adapting the stakeholder-oriented autopoiesis and focusing on publicness of healthcare, we propose the rationale and direction for policy making to harmonize various systems within the convergence healthcare industry.