Collaboration, consensus building and value creation through organic multi-stakeholder initiatives

Research output: Contribution to conference (unpublished)Paper

Authors

External organisations

  • Bentley University
  • University of Virginia

Abstract

Multi-stakeholder initiatives are an important instrument to improve the social and environmental performance of global supply chains. However, MSIs that are "monological" or "positivist" are often ineffective due to a lack of consensus between stakeholders involved. We focus our inquiry around the question: how can consensus be built among diverse stakeholders in global supply chains through MSI initiatives? Specifically we look at ways to enact the normative values of the “collaborative paradigm” while enabling and sustaining cooperation among stakeholders to make MSIs work effectively. Building on the idea of collaboration, value creation for stakeholders and consensus building, we develop an “organic” model of MSIs to show how MSIs can use dialogue and consensus building as core mechanisms to bring stakeholders together to create value for each. In so doing, we contribute to research on both MSIs and stakeholder theory.

Details

Original languageEnglish
Publication statusPublished - 2016
EventAcademy of Management: 2016 Annual Meeting - California, Anaheim, United States
Duration: 4 Aug 20168 Aug 2016
http://aom.org/Meetings/annualmeeting/2016/2016-Annual-Meeting-Photo-Gallery.aspx

Conference

ConferenceAcademy of Management
Abbreviated titleAOM Annual Meeting 2016
CountryUnited States
CityAnaheim
Period4/08/168/08/16
Internet address

Keywords

  • value creation, stakeholder theory, multi-stakeholder initiatives, global supply chains, consensus building