Stakeholder analysis: a vital step in restructuring projects in project-based companies. (2015)

• Record Type: Journal Article
• Authors: Zarei, Behrouz; Chaghouee, Yahya; Ghapanchi, Fereshteh
• Is Part Of: International journal of business innovation and research. Volume 9:Number 6(2015)
• Page Start: 731
• Page End: 749
• Publication Date: 2015
• Subjects: stakeholder analysis -- project management -- project-based firms -- project restructuring -- case study -- energy industry -- stakeholder interests -- stakeholder expectations; Management science -- Research -- Periodicals; Industrial management -- Technological innovations -- Periodicals; Industrial management -- Research -- Periodicals; 658.0072
• Languages: English
• ISSNs: 1751-0252

Abstract

The purpose of this paper is to identify the role and benefits of stakeholder analysis in the project-based companies. To this end, a model is developed and stakeholders' demands, wants and expectations are identified. This paper presents a case study in a large company in energy sector and the data is collected through focus groups. To achieve sustainability, project-based companies should find a balance between different stakeholders' interests in different phases of their change programmes. The model proposed herewith can be used in project-based companies in different industries based on stakeholders' expectations.