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Jaap de Jonge Editor, Netherlands
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Typical Stakeholders' Contributions and Rewards
🔥 NEW Various stakeholders make different contributions to companies (organizations). And, in return they receive different rewards. Here is an overview of typical stakeholders, the main contributions they can make and typical rewards they hope to receive:
Stakeholders |
Contributions to organization |
Rewards for stakeholder |
Owners, capital providers |
Finances, funds |
Ownership, control, interest, dividend |
Managers |
POSDCORB (planning, organizing, staffing, directing, coordinating, reporting, budgeting), team building, spirit, innovation, change, labor, knowledge and skills |
Employment, salary, wages, status, prestige, social contacts, self-realization |
Employees |
Labor, knowledge and skills |
Employment, salary, wages, status, prestige, social contacts, self-realization |
Buyers, customers |
Market prices, clientele |
Products, services |
Suppliers |
Raw materials, semi-finished products, services, energy, information, means of production |
Market prices, clientele, goodwill |
Employers' organizations |
Lobbying, mouthpiece on behalf of the employers |
A stable, favorable business climate |
Unions |
Work climate, working conditions |
Employment, employee participation |
Governments |
Social-economic legislative framework, Infrastructure |
Taxes, levies, fees |
Miscellaneous stakeholders |
Criticism, wishes, demands |
Adjustment of the organization |
Any organization has to balance these kind of stakeholder contributions and rewards in the way it chooses to do. If it succeeds in doing that, this is called: a state of "organizational equilibrium".
Is this list of stakeholder contributions and rewards correct and complete? Please share your ideas and tips. Thanks!
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Paramathmuni srinivas Kumar India
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Some Ideas and Tips for Stakeholder Contributions and Rewards
Following are some further ideas for the list of stakeholder contributions and rewards:
1. EMPLOYEES: Are also contribu...
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Melvyn McIntyre Consultant, Venezuela
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The Collective Reward of all Stakeholders
All stakeholders together, unified as an equilibrated cluster, each one giving its best contribution, generate the share...
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Iraklis Goniadis Business Consultant, Greece
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More Stakeholders and their Contributions
ENTREPRENEURS: Bees making money (honey) and wealth for the community.
MANAGERS: Trust, team building & spirit, transfo...
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Maurice Hogarth Consultant, United Kingdom
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Stakeholder Rewards
“Miscellaneous stakeholders”? All stakeholders can contribute criticism, wishes and demands.
Businesses want repeat buy...
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Justus Nyangau Business Consultant, Kenya
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Stakeholders Contributions and Their Rewards
Most of the important things have been discussed above but I will like to add a small contribution.
Competitors are als...
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Ahmad Sultan Abdulla Consultant, Malaysia
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Stakeholder Contributions and Rewards
For me, we should add the community we operate in. You might cluster it under "miscellaneous stakeholders", but is a ver...
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Dr. A. Kent Van Cleave, Jr. Professor, United States
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Stakeholder versus Shareholder Governance
Over the last 40 years, corporate governance has shifted from a stakeholder model to a shareholder model.
Under stakeho...
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Jaap de Jonge Editor, Netherlands
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Stakeholder Contributions Matter in Any Governance System
@Dr. A. Kent Van Cleave, Jr.: I agree the choice of governance system is relevant for HOW the contributions and rewards ...
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Maurice Hogarth Consultant, United Kingdom
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The Reaping & Sowing of Shareholder Focus
@Dr. A. Kent Van Cleave, Jr.: A “shareholder” attitude, as described, seems to be symptomatic of short-term, asset-strip...
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