Project Management: Best Practices and Stakeholders Perspective - Literature review Example

Stakeholder theory looks more keenly at relationships between the corporation and its stakeholders, and presumes that profits flow naturally from improving stakeholder value and should not drive corporate decisions and behaviour.... Even so, these arguments are countered by arguments that express concern over the possibility that shareholder primacy would have a negative impact on the corporation or organization's wider class of stakeholders; employees, creditors, the community and consumers....

From the discussion on the stakeholders' perspectives and leadership perspective, it is expected to arrive at a practical solution to the environmental issues faced by Shell and Nigeria.... hellip; This paper presents a study on the Anglo-Dutch oil exploration firm Royal Dutch Shell plc and its response towards the oil spills in Niger Delta and its effects on the company's major stakeholders.... Aims & Objectives of the Paper In the light of Shell's operations in Nigeria and environmental issues associated with it, the aim of the paper is to: Identify and discuss the effects of the environmental issue on the major stakeholders of Shell in Nigeria, and the way each of the stakeholders responds to the problem....

Does the concept of Enlightened Shareholder Value succeed in bridging the gap between the Shareholder and stakeholders Value theories?... Does the concept of Enlightened Shareholder Value succeed in bridging the gap between the Shareholder and stakeholders Value theories?... Introduction In the Enlightened Shareholder Value approach, much focus is given to “corporate stakeholders, including the environment, employees, and local communities” which are considered important in establishing long-term shareholder benefits1....

Moreover, as expressed by Meyer and Nguyen (2005); and Wan (2005) that the impacts of the perspective contiguous organizations are underlined by the institutional perceptions, that forms their conduct.... Comprehending the inference of corporate governance seems to increase significance amid transnational workforce, policy makers, industrialists, stakeholders and associated businesses.... The function of corporate governance is to make best use of investors' prosperity beside endeavors to attain proper profits for them....

Adopting a simple profit optimization perspective can have positive results on a firm.... This study will explore the profit optimization perspective and its positive impacts, constraints faced by managerial decisions in their pursuit to optimize profits as well as the best perspective that managers should hold in the management of a firm.... nbsp; Business owners or management are deemed to focus on maximizing profit in the short-run....

Comprehending the inference of corporate governance seems to increase in significance amid transnational workforce, policymakers, industrialists, stakeholders, and associated businesses.... It is common to almost all of the various definitions of corporate governance that it refers to the controlling and managing of corporation's practices....

As Aglietta1 discussed the mathematical deduction to prove the fact the MVA is discounted EVA and legitimacy of share holders claim on the firm makes their predominant over the stakeholders of that firm.... nbsp;… The companies that remained in the core business, compete for the customers are the one creating value for their investors and the management because there is also a board to keep check and balance, employees working real-time to get the product and services done and also a bank waiting for interest to be paid on time from that firm....

This paper "project management Office for the HPCL Project" focuses on the fact that HPCL is a renowned mining company and one of the biggest non-ferrous metal producers.... he project management Office (PMO) for the HPCL Recovery Project is the section that gets the responsibility of upholding the principles of project management, which are usually required to be followed in such big sized EPC projects.... The project management Office for the HPCL recovery project will require to channelize its efforts to maintain the proper standards and values of efficient project management execution....