Steakholder Flashcards
Who are steak holders
The client company
The architect engineer and other construction professionals
The banks and other financial
Stakeholder theory
• Descriptive/empirical - description of reality, that is that corporations have stakeholders,
• Instrumental - effective management of stakeholders contributes to corporate success.
• Normative - towards what stakeholder management should be.
Descriptive stakeholders range of interests
• The construction of a new hospital
Who decides
•that the project will be done at all?
• how many beds a hospital has?
• the budget?
• clinical adjacencies?
. Which materials will be used for internal [ finishes?
Carrying out Stakeholder management
• Identify -Who are they? Where are they? What is their role?
• Assess - Can they help/ hinder the project? Who is mot important? Influential? You might ask questions like these
• Who wants you to succeed?
• Who might want you to fail?
• Who will openly support the project
• Who will openly oppose?
• Who will invisibly support the project?
• Who will invisibly hinder/ sabotage?
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• Who will lose because of the project?
• Who will gain?
Example of stakeholder
Click on photo
Managing stakeholders from Indistre point of view
• Minimal effort required: ‘public relations approach’.
This could apply to clients’ customers e.g. Local/ national government
• Keep informed: e.g. local residents, conservationists, environmentalist
• Keep satisfied: regulatory bodies, supply-side stakeholders