Though big, diverse communities of individuals have persistently had to search for methods to work cooperatively to confront common challenges, the happening of "multi-stakeholder collaboration" is becoming more significant than ever, as the world grows escalating interconnected and complex. This is particularly affirmative for companies that find themselves needing to balance the disparate and often contradictory requirements of their multiple stakeholders.
In this epitome, Fred Krawchuk – an IESE visiting professor and the earlier U.S. Army Special Forces colonel – demonstrates his on-the-earth experiences in Afghanistan and other trouble spots around the world to present a practical framework to guide companies in their collaborative attempts. His 5P technique accentuates the five crucial factors in any particular successful multistakeholder attempt: people, purpose, location, process and practice. Succeeding methodical approach described in this article creates momentum and the synergies essential to transform our organizations along with the complex challenges we confront into new possibilities -- for prosperity along with peace.
PUBLICATION DATE: March 19, 2014 PRODUCT #: IIR116-HCB-ENG This is just an excerpt. This case is about
This is just an excerpt. This case is about STRATEGY & EXECUTION
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