Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

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Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

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Shifting influences among stakeholders has caused leaders to consider new ways of managing their organizations and navigating through a very different and ever-changing world. This book demonstrates to leaders that purpose can be the driving force behind this new management style and also provide a competitive advantage in their markets. The book offers two fundamental concepts that when embraced and practiced authentically, can be transformative for organizational success.

First, one must look at an organization strategically as if operating inside of its own stakeholder world. This stakeholder world is represented by the many individuals and groups of individuals who impact, or are impacted by, the organization.

Second, to ensure an organization's long-term success, pursuing purposeful behavior is the best practice for managing stakeholder value inside its stakeholder world. Purposeful behavior means taking actions that are consistent or aligned with a purpose that is meaningful and important to all the organization’s stakeholders.

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

• Amazon Sales Rank: #1942742 in Books
• Published on: 2015-10-26
• Original language: English
• Number of items: 1
• Dimensions: 8.50" h x .62" w x 5.50" l, .71 pounds
• Binding: Paperback
• 248 pages

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

About the Author Paul Ratoff, is a Certified Management Consultant, Strategic Management Professional and president of Strategy Development Group, Inc. Paul has been a successful business consultant in Southern California for the past thirty-five years assisting a wide range of middle-market companies plan and manage their growth and success.

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Most helpful customer reviews

0 of 0 people found the following review helpful. MUST READ By Amazon Customer This book is a MUST read to all persons engaged in any activity with others: business people, teachers, government employees, politicians, judicial, and certainly by all students in business/management schools. While the concept of “stakeholder” was certainly imbedded in the back of the mind of everyone engaged in interactions with others, it had not been expressed openly and was not promoted as part of most strategies…Mr. Ratoff’s book arrives at the most appropriate time and should be a must read though it will not be as easy to read as a novel. Thank you Mr. Ratoff for sharing your views and your experiences.Serge CHEMLACommercial/international Banker

0 of 0 people found the following review helpful. A quick read that may change your perspective for the better. By Amazon Customer This is a quick read that I think many entrepreneurs will find useful. Don't be fooled by the title, this is not a feel good business book about purpose from the perspective of doing social good, but rather a business book about achieving better business results by getting clear on purpose, discovering stakeholders who share it, enrolling them, and finally benefiting from the collective energy. I personally found the book enlightening and brings something new to my thinking.

2 of 2 people found the following review helpful. Stakeholders: MUCH More Strategic than Shareholders By Jeffrey D. Ford This was very helpful to differentiate "stakeholders" from "shareholders" and get a bigger picture of what is possible for more effective strategic planning in any organization - commercial, non-profit, or government.When we define our purpose to include the primary interests of all our stakeholders, we widen and deepen our reach and relationships. This is a valuable resource that deserves revisiting over time as we true up our decision making for greater impact.

See all 8 customer reviews... Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

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Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff

Thriving in a Stakeholder World: Purpose As the New Competitive Advantage, by Paul Ratoff