chapter-6 - The Corporation and Internal Stakeholders Value...

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The Corporation and Internal Stakeholders: Value Based Moral Leadership, Culture, Strategy, & Self Regulation Phil160. Dr. Truong Thi Nam Thang
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The visionary built-to-last companies are premier institutions, widely admired by their peers, and having a long track record of making a significant impact on the world around them. Not all organizations have the characteristics of built-to-last companies, nor would all companies agree with or support some of the ideologies, products, and strategies of visionary firms. Internal organizations are composed of systems and stakeholders , regardless of the nature of external environments.
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Level 5 Executive Level 4 Effective Leader Level 3 Competent Manager Level 2 Contributing Team Member Level 1 Highly Capable Individual
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The purpose and core ideology of organizations are modeled by its leaders and embedded in its enterprise strategy. The culture of a company is at the center spoke of the wheel of transformation. The vision and strategy, people, systems, structure, technology, and nature of work comprise the internal operations of the organization. Stakeholder management theory , states that an organization should treat its internal & external stakeholders ethically to be effective with its marketplace communities. From a stakeholder management perspective , it is the role of an organization’s leaders, with the support of each professional, to ensure that the integration and market effectiveness of a company is based on the types of relationship and values that embody trust, collaboration, and a “win - win” goal for stakeholders and stockholders
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Leadership is a shared process, although the values and behaviors of company founders and CEOs often frame and set the cultural tone for the organizations. A starting point for identifying a
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chapter-6 - The Corporation and Internal Stakeholders Value...

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