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What is a stakeholder model?

Updated: 9/18/2023
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13y ago

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The stakeholder model takes the approach that in order to be effective, the organization needs to take all the stakeholders of a company into account.

The approach to this can most effectively be implemented using the stakeholder focused performance management approach (SFPM). SFPM ensures that all stakeholder expectations and contributions are taken into account and measured in an effective framework using a modified balanced scorecard.

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