R. Edward Freeman: Organization

R. Edward Freeman is American academic. Explore interesting quotes on organization.

R. Edward Freeman: 18 quotes 1 like

“A stakeholder in an organization is (by definition) any group or individual who can affect or is affected by the achievement of the organization's objectives.”

R. Edward Freeman

Source: A stakeholder approach to strategic management, 1984, p. 46

“"Stakeholder Management" as a concept, refers to the necessity for an organization to manage the relationships with its specific stakeholder groups in an action-oriented way.”

R. Edward Freeman

Source: A stakeholder approach to strategic management, 1984, p. 52

Way

“The stakeholder concept was originally defined as "those groups without whose support the organization would cease to exist." The list of stakeholders originally included shareowners, employees, customers, suppliers, lenders and society. Stemming from the work of Igor Ansoff and Robert Stewart (in the planning department at Lockheed) and, later Marion Doscher and Stewart at SRI, the original approach served an important information function in the SRI corporate planning.”

R. Edward Freeman

R. Edward Freeman (2010) Strategic Management: A Stakeholder Approach. p. 32

Support

“Somewhere in the past. organizations were quite simple, and 'doing business' consisted of buying raw material from suppliers, converting into products, and selling it to customers… For the most part owner-entrepreneurs founded such simple business and worked along with members of their families. The family-dominated business still accounts for a large portion of the business start today.”

R. Edward Freeman

Source: Strategic Management: A Stakeholder Approach, 2007, p. 5

Family , Business , Past , Parting