Managing the Extended Enterprise: The New Stakeholder View
Year: 2002
Type: article
Abstract: This article enlarges the "extended enterprise" metaphor from its origins in manufacturing-logistics management to embrace the full range of constituencies that are vital to the survival and success of the corporation. This article presents a new "Stakeholder View" of the firm which holds that stakeholder relationships are the ultimate sources of the firm's wealth-creating capacity. According to this view, long-term business success requires a firm to develop and integrate relationships with its multiple stakeholders within a comprehensive management strategy. In order to illustrate the validity of this approach, this article describes and analyzes the evolution and impact of comprehensive stakeholder management policies in three major firms. INSETS: Monsanto: Stakeholder Management in an Extended Enterprise;Company Profiles.
Source: California Management Review
DOI: 10.2307/41166151
Authors: James E. Post, Lee E. Preston, Sybille Sachs
Institutions: University of Maryland, College Park, University of Zurich
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2168037505