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Beacons

My thoughts around organisations, business, strategy, governance and professional matters

Posts tagged complexity
The Influence of Key Stakeholders

Over the last fifty years, the range of key stakeholders for most corporations has been expanding. Corporate responsibility expectations are changing as a result of the influence of key stakeholders, with the consequence of potentially limiting the ability of shareholders and managers to operate in their preferred environment. In the meantime, the more traditional key stakeholders, shareholders, clients, customers, suppliers and staff, are asking for more involvement in organisational operations.

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The Asian Century - Again

In the Asian century, business as usual is not enough. Because what we know clearly is there isn't a single aspect of government policies and national planning that won't be touched by the great changes to come. Food security and foreign investment, immigration and education, stock market structures and financial regulation, energy policy and environmental standards.

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Stop the crisis - Monitor the external environment

In these cases and many others, we are talking about companies with immense experience and excellent reputations. They are managed well and would have crisis and risk management plans. Yet in each case, the consequences exceeded anything they planned for.

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Why we don't have one right answer

Corporate Growing Pains can also be a valuable experience, if you recognise them and get the help you need to get through them. But there is no single right answer. The solution will vary from organisation to organisation, because the things we share, the things that are important vary from organisation to organisation.

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