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Stakeholders No Longer Taking Stake?

8/15/2017

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          ​Organizational stakeholders are the individuals who are responsible for the organizations endeavors, they are basically the ones whose necks are on the line. Stakeholders also encompass any individuals, groups, or even entities that stand to benefit or lose based on the performance of the organization. As professional careers develop there is more exposure to organizations that have enormous amounts of stakeholders.
          Just because groups may be stakeholders, does not mean they will take on the responsibility of one. The European Management Journal discusses effective governance in nonprofit organizations. “Results not only show the lack of attention some stakeholders have received in the literature, but also the governance related conflicting needs and objectives between stakeholder groups” (Wellens, 2014, p. 223). At the affiliations of beneficiaries, private donors, board members, management and volunteers, all these stakeholders had faults in taking ownership of the organization.


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