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Davos, disasters, and decision making Why stakeholder focus holds the key

Davos, disasters, and decision making Why stakeholder focus holds the key Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – The paper finds that it is not often that the public sector leads the way ahead of the private sector in management matters, however one area they can be said to be ahead is in long‐term disaster management. While public bodies such as governments, regional councils and emergency services have adopted a long term view almost since their inception, businesses tend to run on a much tighter schedule altogether, with short term issues dominating agendas, and thoughts of what might happen in a decade all too far from managers' minds. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

Davos, disasters, and decision making Why stakeholder focus holds the key

Strategic Direction , Volume 24 (6): 3 – Apr 18, 2008

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
0258-0543
DOI
10.1108/02580540810868069
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – The paper finds that it is not often that the public sector leads the way ahead of the private sector in management matters, however one area they can be said to be ahead is in long‐term disaster management. While public bodies such as governments, regional councils and emergency services have adopted a long term view almost since their inception, businesses tend to run on a much tighter schedule altogether, with short term issues dominating agendas, and thoughts of what might happen in a decade all too far from managers' minds. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Journal

Strategic DirectionEmerald Publishing

Published: Apr 18, 2008

Keywords: Risk management; Stakeholders; Decision making

References