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Creating diverse values for stakeholders: a hypothetical approach to a simplified alignment model of management by value creation

✍ Scribed by Gen-Ichi Nakamura


Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
147 KB
Volume
9
Category
Article
ISSN
1086-1718

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✦ Synopsis


Creating diverse values for stakeholders

A hypothetical approach to a simpli®ed alignment model of management by value creation

. Describes in outline a new management paradigm, within the context of strategic management which, it is believed, will become increasingly signi®cant in the near future.

. Explains the six fundamental concepts which underlie the hypothetical approach of the article.

. Identi®es eight major values offered to stakeholders through strategic management.

. Uses a model to explore the alignment or misalignment between a ®rm's environment and its eight major values.

. Examines the signi®cance of the shift in management paradigm as we enter the new millennium.