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Role of Stakeholders in Continued Organizational Success and Survival

In: Realizing Organizational Effectiveness

Author

Listed:
  • Robert S. Fleming

    (Rowan University)

  • Michelle Kowalsky

    (Delaware County Community College)

Abstract

The present and future success of any contemporary organization is dependent on the continued support of its stakeholders. While the support of all stakeholder groups and their members is important, the leaders of successful organizations recognize three essential stakeholder groups—customers, employees, and owners—in determining the continued success and, at times, survival of their organizations as they proactively pursue the mission, goals, and vision developed though its strategic management activities.

Suggested Citation

  • Robert S. Fleming & Michelle Kowalsky, 2024. "Role of Stakeholders in Continued Organizational Success and Survival," Springer Texts in Business and Economics, in: Realizing Organizational Effectiveness, chapter 45, pages 149-150, Springer.
    • Handle: RePEc:spr:sptchp:978-3-031-80516-5_45
    DOI: 10.1007/978-3-031-80516-5_45
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