STAKEHOLDERS BASED MANAGEMENT - A NEW ENTERPRISE MANAGEMENT SYSTEM

Ovidiu Nicolescu and Ciprian Nicolescu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2018, vol. 12, issue 1, 423-434

Abstract: Organization management is increasing focused on the main stakeholders. Managers - stakeholders win-win relationship became the generator of multidimensional and sustainable performance. This study is focusing on stakeholders based management which became a new enterprise management system much more comprehensive and performant than classical management systems, able to valorize the stakeholders potential, through collaborative mechanisms using to a larger scale emotional intelligence. Starting point in the development of the stakeholders based management system is approaching of the enterprise as an ecosystem, very open to the all stakeholders, aiming to generate economic, social and ecologic performances. The study presents the definition of new stakeholders based management system and its specific content, managerial synapse, its main component, main differences between stakeholders based management system and ,,classical enterprise management systems, and major advantages and limits of this new system. The article contains certain elements regarding the stakeholders based management system, resulted from an empirical research involving 332 stakeholders in the Romanian enterprises.

Keywords: enterprise management system; manager-executant relationship; manager-stakeholder relationship; managerial synapse; stakeholders based management. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:12:y:2018:i:1:p:423-434

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