answersLogoWhite

0


Best Answer

The stakeholder model takes the approach that in order to be effective, the organization needs to take all the stakeholders of a company into account.

The approach to this can most effectively be implemented using the stakeholder focused performance management approach (SFPM). SFPM ensures that all stakeholder expectations and contributions are taken into account and measured in an effective framework using a modified balanced scorecard.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a stakeholder model?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is the stakeholder corporation a realistic model for business firms Will stakeholder corporations become more prevalent in the twenty first century Why or why not?

hoijhl;k


Difference between customer and stakeholder?

stakeholder customer


What is project stakeholder management?

A stakeholder - is a person who has invested money in something.


What is connected stakeholder?

Connected Stakeholder are directly connected with business organisations.


Stakeholder of mutual fund?

A stakeholder of a mutual fund is someone who has interest in it.


Components of the tourism stakeholder system?

components of the tourism stakeholder system


What are stakeholder claims?

A stakeholder is any person who affects or is affected by the activities of an organisation. A claim is the outcome that the stakeholder seeks or the outcome which would benefit the stakeholder most or harm it least


What is a non market stakeholder?

A stakeholder that does not engage in direct economic exchange with a company, but is affected by or can affect its actions. (Also called a secondary stakeholder.) An example are NGO's.


What is a non-market stakeholder?

A stakeholder that does not engage in direct economic exchange with a company, but is affected by or can affect its actions. (Also called a secondary stakeholder.) An example are NGO's.


Who are the stakeholder of the project management in Nepal?

Stakeholder are people who have an interest in company or organization's affairs.


What are the Examples of a stakeholder?

A stakeholder is an individual or group of people who have an interest in a business. Some stakeholders are stockholders, employees, customers, the community or society in which the company operates, etc. Sometimes, even the government can be a stakeholder. Anyone that has a "stake" in the company is a stakeholder basically.


What is princlples for stakeholder cooperation?

Transparency, accountability, fairness, and responsibility are all principles for stakeholder cooperation.