Stakeholders Theory and Its effects on Organization's Technological Change
Abstract
organizational process of Technological change. It focuses on the importance of
involving every stakeholder in the decision-making process. This focal point will be
interpreted through integrating the Systems Theory with the organization's adaptive stage. It also shows how the Board of Directors (hereinafter, BODs)1and the
executives manage this change and apply leadership skills when dealing with each
stakeholder. This research deploys the stakeholders theory specifically focusing on
shareholders, investors, management, employees and customers. The anticipated
findings indicate that the application of governance theories and specially
stakeholders theory is highly impactful. This paper intends to compare the typical
outcomes based on literature with outcomes based on real life applications of
organizational technological change. It shall be interpreted through a selection of change management models, CVC2 analysis and technological change models.
Moreover, measurements of the outcomes for each stakeholder's participation will be presented through (e.g. employees performance, ROI3, etc.).
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DOI: https://doi.org/10.32535/ijafap.v1i1.111
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