The humanities and social science

2014 Issue №3

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The alignment of stakeholders’ interests in interfirm networking

Pages
17-23

Abstract

This article argues that the globalisation of markets and the transition to the information society requires the management of modern organisations to develop new solutions and approaches to management. The development of network society suggests a transition to management in the conditions of growing market turbulence and interdependence of market actors. Therefore, the ability of managers to align the diverse interests of stakeholders — groups, organizations, and individuals that affect or may be affected by the organization's actions — appears to be crucial for its success. It raises a number of management issues, which require resolution both in theory and practice. One of the most urging and acute problems is that of aligning stakeholders' interests in interfirm networking.

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