Board strategy and performance management at Swiss medium sized companies. A proposal for a stakeholder driven approach

Business & Finance, Management & Leadership, Management
Cover of the book Board strategy and performance management at Swiss medium sized companies. A proposal for a stakeholder driven approach by Mike Portworsnick, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Mike Portworsnick ISBN: 9783668314016
Publisher: GRIN Publishing Publication: October 5, 2016
Imprint: GRIN Publishing Language: English
Author: Mike Portworsnick
ISBN: 9783668314016
Publisher: GRIN Publishing
Publication: October 5, 2016
Imprint: GRIN Publishing
Language: English

Master's Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: Merit, University of Derby, language: English, abstract: The central question addressed is: how do boards plan and align their activities to fulfil stakeholder requirements? To answer this question the research investigated extant literature and conducted an interview based study to assess how boards of directors plan their board strategy and conduct performance management incorporating stakeholder requirements. The study was motivated by the need for improvement in boards, that is, by the need to improve both the way they plan a board strategy and the way they conduct an effective performance management that is closely linked to the satisfaction of stakeholder requirements. The purpose of this study was to assess how this is done today, to understand why it is done this way, and to propose how it can be done better in future. This is a qualitative study based on the grounded theory methodology. Interviews were conducted with participants who chair a total of 36 boards and hold 65 seats as ordinary board members at Swiss medium sized companies in several sectors. The interviews were analysed to understand which methodology would be appropriate to plan a board strategy and to conduct board performance management. The analysis also revealed the phenomenon why chairmen usually do not plan a board strategy - even though they admitted that such a strategy might be useful. Further, a grounded theory was able to be developed. The main claims based on the findings of this study are: a) The strategy-map and BSC are indeed appropriate to plan a board strategy and to conduct board performance management, and b) In this study a grounded theory was developed that explains why chairmen, being on top of the company, usually do not apply well-known methods to formally plan a board strategy. The cause of this behaviour seems to be founded in the chairman's willingness to develop themselves or not.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: Merit, University of Derby, language: English, abstract: The central question addressed is: how do boards plan and align their activities to fulfil stakeholder requirements? To answer this question the research investigated extant literature and conducted an interview based study to assess how boards of directors plan their board strategy and conduct performance management incorporating stakeholder requirements. The study was motivated by the need for improvement in boards, that is, by the need to improve both the way they plan a board strategy and the way they conduct an effective performance management that is closely linked to the satisfaction of stakeholder requirements. The purpose of this study was to assess how this is done today, to understand why it is done this way, and to propose how it can be done better in future. This is a qualitative study based on the grounded theory methodology. Interviews were conducted with participants who chair a total of 36 boards and hold 65 seats as ordinary board members at Swiss medium sized companies in several sectors. The interviews were analysed to understand which methodology would be appropriate to plan a board strategy and to conduct board performance management. The analysis also revealed the phenomenon why chairmen usually do not plan a board strategy - even though they admitted that such a strategy might be useful. Further, a grounded theory was able to be developed. The main claims based on the findings of this study are: a) The strategy-map and BSC are indeed appropriate to plan a board strategy and to conduct board performance management, and b) In this study a grounded theory was developed that explains why chairmen, being on top of the company, usually do not apply well-known methods to formally plan a board strategy. The cause of this behaviour seems to be founded in the chairman's willingness to develop themselves or not.

More books from GRIN Publishing

Cover of the book Social and economic reintegration of former combatants: Challenging human rights and peacebuilding by Mike Portworsnick
Cover of the book Functioning like a clockwork - musicality in 'A Clockwork Orange' by Mike Portworsnick
Cover of the book Quotations in academic articles and monographs. The problematic nature of secondary sources by Mike Portworsnick
Cover of the book On the Development of the English Language in India by Mike Portworsnick
Cover of the book The Eastern enlargement of the currency union: Challenges for the ECB's monetary policy by Mike Portworsnick
Cover of the book Are the parties in the United States still vehicles for environmental politics? How do they occupy this political field, and what ideological and sociological aspects affect this process? by Mike Portworsnick
Cover of the book Reconciling Universalists and Substratists by Mike Portworsnick
Cover of the book Regulating Emotions: Five perspectives by Mike Portworsnick
Cover of the book Repräsentativitätsheurisik - Eine Einführung by Mike Portworsnick
Cover of the book Der Zusammenhang von Börsenkrise und Wirtschaftskrise im Jahre 1929 by Mike Portworsnick
Cover of the book International Transfer of Knowledge in Multinational Enterprises. The Role of International Human Resource Management in Transferring Tacit Knowledge Across Borders by Mike Portworsnick
Cover of the book How do breast cancer mortality rates differ between women who are screened annually and biennially by mammography? by Mike Portworsnick
Cover of the book Invisible translation in literary reviews by Mike Portworsnick
Cover of the book Geschlechtskonstruktionen im imaginären Raum by Mike Portworsnick
Cover of the book Al-Qa'ida in Saudi Arabia 2003 and 2004 by Mike Portworsnick
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy