2014
DOI: 10.5539/ass.v11n3p111
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Managing for Stakeholders: The Role of Stakeholder-Based Management in Project Success

Abstract: Today, project management practices play a key role in different industries and sectors. Project management is promoted as an organizational strategic component that leads innovation, creates value and turns vision into reality. Despite the importance of projects and project management their high rate of failures and challenges is a major concern of both industry and academia. Among the reasons that affect project outcomes, stakeholder influential attributes and more importantly, their understanding and effect… Show more

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Cited by 51 publications
(42 citation statements)
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“…The study identified major gaps on stakeholder networking for a common goal as each stakeholder still operated on its own with a clear limited integration. Management of key stakeholders in projects is widely supported as an important aspect in service delivery [16,17] as stakeholder have the power to influence service positively or negatively [18].…”
Section: Stakeholder Power Matrixmentioning
confidence: 99%
“…The study identified major gaps on stakeholder networking for a common goal as each stakeholder still operated on its own with a clear limited integration. Management of key stakeholders in projects is widely supported as an important aspect in service delivery [16,17] as stakeholder have the power to influence service positively or negatively [18].…”
Section: Stakeholder Power Matrixmentioning
confidence: 99%
“…Stakeholder management was identified as a core activity for creating project success [8]. Project stakeholder management includes stakeholder identification, classification, communication, engagement, empowerment, and risk control [17]. Stakeholder management was a concept derived from the resource-dependence view and the concept also addresses the risks and ethical issues as a core concern of stakeholder management of a project [18].…”
Section: Importance Of Stakeholder Engagement For Initiation Of Smartmentioning
confidence: 99%
“…However, there are still controversial opinions about the relationship between innovation and financial performance of enterprises (Terra, Barbosa, and Bouzada 2015). Moreover, there are a lot of studies that examine the success factors of innovation projects (Kapsali 2011;Rajablu, Marthandan, and Yusoff 2014;Berchicci 2013;Sisodiya, Johnson, and GrĂ©goire 2013). However, further study is necessary to uncover the factors that influence innovation performance and that make an enterprise being innovative or non-innovative.…”
Section: Possible Factors That Might Influence Enterprises' Innovativmentioning
confidence: 99%