Record Details

The co-operative model as a means of stakeholder management: An exploratory qualitative analysis

South African Journal of Economic and Management Sciences


 
 
Field Value
 
Title The co-operative model as a means of stakeholder management: An exploratory qualitative analysis
 
Creator Hammond, Darrell Luiz, John
 
Description The South African economy has for some time been characterised by high unemployment, income inequality and a skills mismatch, all of which have contributed to conflict between business, government and labour. The co-operative model of stakeholder management is examined as a possible mitigating organisational form in this high-conflict environment. International experience indicates some success with co-operative models but they are not easy to implement effectively and face severe obstacles. Trust and knowledge sharing are critical for enabling a co-operative model of stakeholder management, which requires strong governance and adherence to strict rules. The model must balance the tension between optimisation of governance structures and responsiveness to members' needs. Furthermore, support from social and political institutions is necessary. We find barriers to scalability which manifest in the lack of depth of business skills, negative perception of the co-operative model by external stakeholders, government ambivalence, and a lack of willingness on the part of workers to co-operate for mutual benefit.
 
Publisher AOSIS Publishing
 
Contributor
Date 2016-11-25
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article
Format application/pdf
Identifier 10.4102/sajems.v19i4.1537
 
Source South African Journal of Economic and Management Sciences; Vol 19, No 4 (2016); 630-646 2222-3436 1015-8812
 
Language eng
 
Relation http://sajems.org/index.php/sajems/article/view/1537/648 http://sajems.org/index.php/sajems/article/downloadSuppFile/1537/537