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Stakeholders are any person (natural/legal) who has
an impact on an organization activities or who is impacted
by an organizations activities.
The SFPM model realizes the importance of stakeholders
on modern organizations and therefore ensures that the
strategy and performance management systems take into
account ALL stakeholders. This ensures that the organization
is not unexpectedly affected by a stakeholder or stakeholder
groups actions which have an impact on the organization.
The key aspect of our model is our approach to stakeholders.
We do not only take into account and measure how we
meet our stakeholder expectations, but we also take
into account and measure the required stakeholder contributions.
example. A stockbroking company offers 25% guaranteed
return on investment to clients holding balances of
$50,000 or more. This would translate into two measures.
1. Return on investment to stakeholder - 25% 2. Stakeholder
Contribution - minimum balance of $50,000
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