Organizational Stakeholders

Cards (9)

  • Employees expect the firm to provide a dynamic, stimulating, and rewarding work environment.
  • Employees generally prefer to work for a company that is growing and in which the employee can develop their skills, especially those skills required to be effective team members and to meet or exceed global work standards.
  • Workers who learn how to use new knowledge productively are critical to organizational success.
  • the education and skills of a firm’s workforce are competitive weapons affecting strategy implementation and firm performance.
  • Strategic leaders are ultimately responsible for serving the needs of organizational stakeholders on a day - to - day basis.
  • to be successful, strategic leaders must effectively use the firm’s human
    capital
  • outside directors are more likely to propose layoffs compared to inside strategic leaders, while such insiders are likely to use preventative cost-cutting measures and seek to protect incumbent employees.
  • A highly important means of building employee skills for the global competitive landscape is through international assignments.
  • The process of managing expatriate employees and helping them build knowledge can have significant effects over time on the firm’s ability to compete in global markets.