© Xavier Baeten, 18.03.03
Stakeholder Management : Wat is het en wat kun je ermee ? Parallelsessie Nat ionaal Sust ainability Congres Xavier Baeten (Bussum , 18.03.03)
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© Xavier Baeten, 18.03.03
Prim e Foundat ion Partners Im pulse Cent re Business in Society
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© Xavier Baeten, 18.03.03
“The term ‘stakeholder management’ refers to the development and implementation of organizational policies and practices that take into account the goals and concerns of all relevant stakeholders.” “The contemporary large corporation has become an “extended enterprise” (Post, Preston, Sachs)
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© Xavier Baeten, 18.03.03
“ Every company has to ask itself what it is trying to accomplish before it is actually attempting to accomplish it.” (Jensen, 2000)
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© Xavier Baeten, 18.03.03
Maar ... “Corporations are increasingly encouraged to play a social role. They would do better to concentrate on their core tasks” (Financial Times, 30.01.02) Even if company's directors took the long view that environmental sustainability is ultimately essential for economic sustainability, their share price would drop and they would probably be swallowed up by competitors. (www.corporatewatch.org) “Een op de honderd Nederlanders gelooft dat dergelijke (grote) bedrijven handelen in het beste belang van de samenleving.” (Spits, 27.08.02) “Ethics is for people we hate”
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© Xavier Baeten, 18.03.03
Types ondernemingen Destroys Social and Environmental Value. In the end also Economic value!
Short-term Shareholder interests
Longer-term shareholder interests (taking stakeholders into account)
Creates Social and Environmental value at the cost of economic value
Multiple stakeholder obligations
Shaper of Society
Positive externalities
Negative externalities
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© Xavier Baeten, 18.03.03
Types managers Style 1
Style 2
Style 3
Economic
Economic Legal
Broad Accountability
Stakeholder management capability
No
Rational Process
Transactional
Attitude towards shareholders
Minimal Golden parachutes
Attitude towards employees
Production factor Control
Responsiveness
Profit max. is enough. Other stakeholders are not important Max. of productivity Law Minimal level of respect
All stakeholders are involved and are being treated in an ethical way Respect Trust Participation
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© Xavier Baeten, 18.03.03
Vraag van het Ministerie van de Vlaamse Gemeenschap (2000) “Zorg voor de im plem entat ie van AA1000 in België”
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© Xavier Baeten, 18.03.03
The AA1000 Assurance Standard Many efforts in corporate social responsibility are currently focused on improving organisational transparency. AccountAbility has welcomed and supported this drive to bring more rigour to organisational reporting . The central question that arises from increased volumes in reporting however, is who assures that corporate reports are truly accurate and balanced representations of organisational performance, their underlying systems, processes and competencies? The AA1000S Assurance Standard is intended to fill this ’credibility gap’ and offer a practical, robust and transparent approach to assurance that provides credibility to public reporting and to corporate business processes. The Standard will address the need for a single approach that effectively deals with the qualitative as well as quantitative data that makes up sustainability performance plus the systems that underpin the data and performance. It will complement and strengthen the GRI Reporting Guidelines and other standardised or company-specific approaches to disclosure.
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© Xavier Baeten, 18.03.03
Vlerick’s aanpak ☞ Geen “copy and paste” ☞ Doorvertalen naar onze Europese realiteit en ons Europees ondernem ingsm odel ☞ Kritische eigen analyse en synthese van het m odel ☞ Aangevuld m et eigen inzichten en literatuurresearch ☞ Vertrekken vanop strategisch niveau ✔ Duurzaam ondernem en is m eer dan enkel m ooie rapport en ! ✔ Hoe integreren binnen bestaande m anagem entconcepten ?
☞ Concreet : ✔ 6- daagse opleiding ✔ Vlerick working sheets
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© Xavier Baeten, 18.03.03
“Does your company periodically map stakeholder interests ?” 29% Yes No
71% Source : Research by PWC & Nyenrode University - The Netherlands
© Xavier Baeten, 18.03.03
Het model Exploration
•what - why ? •available resources •experience & document review •top management’s attitude
Analysis of objectives - mission statement - strategy - culture Monitoring Stakeholder mapping : power-interest-relations
Identification of business issues
Priorities and goals Stakeholder dialogue & engagement Integration in business processes
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© Xavier Baeten, 18.03.03
Stakeholder mapping
Keep informed
Key players
Low
Minimal efforts
Keep satisfied
Low
High
INTEREST
Source : Johnson & Scholes
POWER/ IMPACT
Quality of the relationship
High
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© Xavier Baeten, 18.03.03
Voorbeeld Een Belgisch Chemiebedrijf Management Employees
High
Investors Banks
Interest
Family employees Suppliers
Direct customers Environment Neighbours Government
Low
Chain of users Students
Media
Low
High
Power/impact
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© Xavier Baeten, 18.03.03
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Stakeholder mapping Resultaten van analyse door MBA-studenten met ervaring
rts ffo
fo rm ed
M in im al e
Ke e
p
in
d
Employees Shareholders
sa tis fie
p
Ke e
Ke y
pl
ay er
20 18 16 14 Number of 12 10 companies 8 6 4 2 0
Shareholders Employees
© Xavier Baeten, 18.03.03
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Stakeholder Management Onze ervaringen (1) ☞ Eerst en vooral : het thema blijft in de belangstelling ☞ Belang van juiste omschrijving ✔ Stakeholder m anagem ent ✔ Managem ent by stakeholders ✔ Managing the stakeholders
☞ Duurzaamheid betekent niet ✔ ✔ ✔ ✔
Enkel reputat iem anagem ent, kopen van “aflaten” Bedrijfswereld die voor alles m oet opdraaien Van blauw naar rood of groen fundam entalism e De ultiem e t ool om het financiële rendem ent op t e drijven
© Xavier Baeten, 18.03.03
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Stakeholder Management Onze ervaringen (2) ☞ Stakeholder managem ent moet strategisch ingekaderd zijn ✔ ✔ ✔ ✔
Geen “add on” : integratie binnen m anagem ent disciplines Structurele aanpak “Board issue” Onvoldoende strategisch geïspireerd beloningsbeleid
☞ Communicatie en betrokkenheid staan centraal ✔ Medewerkers : wat houdt dit in ? ✔ Top : top m anagem ent workshops ✔ Stakeholders : loskom en van com partim entering
☞ Moet m eer geïntegreerd worden in curriculum van business schools
© Xavier Baeten, 18.03.03
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Stakeholder Management Onze ervaringen (3) ☞ Je kan geen 1.000 bloem en laten bloeien ✔ Duidelijke focus en prioriteiten leggen
☞ Dikwijls “back to basics” : ✔ “Ik wil dit wel doen, m aar hoe overtuig ik de top ?” ✔ Com m unicatie en transparantie voor de werknem ers
☞ Werkgroepjes creëeren ✔ Am bassadeurs
☞ Regelmatig vooruitgang en stand van zaken evalueren en communiceren - geen free lunch ☞ Is er iets verkeerd m et onze maatschappelijke waarden ?...
© Xavier Baeten, 18.03.03
CSR
Preference to work in an organisation paying attention to CSR
Deposit pension scheme money in CSR-stock
Bron : Onderzoek RCSB (2002)
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Totally disagree
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3
4
Neutral
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6
7
Fully agree
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© Xavier Baeten, 18.03.03
“ Strategic execution relies heavily on tight, innovative, lasting relationships.” (Epstein & Birchard)
“ We have a stakeholder strategy because we believe it is the most effective shareholder strategy.” (M. Barrett, CEO van de Bank of Montreal)
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© Xavier Baeten, 18.03.03
Stakeholder Management : Wat is het en wat kun je ermee ? Stellingen Parallelsessie Nat ionaal Sust ainability Congres Xavier Baeten (Bussum , 18.03.03)
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© Xavier Baeten, 18.03.03
Stelling 1 Stakeholder management houdt sterk verband met risk management
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© Xavier Baeten, 18.03.03
Risk management St akeholder Risk
Thr eat
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Values St akeholder St rat egy
FIT ?
Oppor t unit y
Buf f er ing
“ Pain alleviation” Cost-benefit Learning & innovation
Competitive advantage License to operate
Br idging Integration into strategy
© Xavier Baeten, 18.03.03
Stakeholder Potential to Harm Low High
Stakeholder Potential to cooperate Low High
SUPPORTIVE
Bron : Savage et al.
Should be involved in the decision process
MARGINAL
Should be monitored in order to spot changes in time
MIXED BLESSING
Working together is of vital importance
NON-SUPPORTIVE
Company should protect itself against these stakeholders
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© Xavier Baeten, 18.03.03
Stelling 2 Stakeholder management komt er pas nadat men een negatieve ervaring heeft gehad met een van de stakeholders
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© Xavier Baeten, 18.03.03
Stelling 3 Tot op vandaag heeft stakeholder management meer te maken met de overtuiging van personen, dan dat dit ingebakken is binnen bedrijfsculturen
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