Multistakeholder Governance Model Explained

1. Stakeholder https://store.theartofservice.com/the-stakeholder-toolkit.html

2. Multistakeholder Governance Model • Multistakeholder Governance Model https://store.theartofservice.com/the-stakeholder-toolkit.html

3. Multistakeholder Governance Model • involves the full involvement of all stakeholders, consensus-based decision-making and operating in an open, transparent and accountable manner." A stakeholder refers to an individual, group, or organization that has a direct or indirect interest or stake in a particular organization, these may be businesses, civil society, governments, research institutions, and non-government organizations. https://store.theartofservice.com/the-stakeholder-toolkit.html

4. Multistakeholder Governance Model • Multistakeholder processes could and should enhance democracy by increasing opportunities for effective participation by those most directly impacted by decisions and particularly those at the grassroots who so often are voiceless in these processes https://store.theartofservice.com/the-stakeholder-toolkit.html

5. Multistakeholder Governance Model • The multistakeholder model is used in Internet governance by entities such as the ICANN and IETF and has been the foundation of local governance entities such as New York City's Community Boards. https://store.theartofservice.com/the-stakeholder-toolkit.html

6. Multistakeholder Governance Model • Norbert Bellow, co-coordinator on the Civil Society Internet Governance Forum distinguishes between "representative" multistakeholderism, using as examples the United Nation's MAG and ECWG and "open" multistakeholderism, as represented by the IETF and RIRs. https://store.theartofservice.com/the-stakeholder-toolkit.html

7. Multistakeholder Governance Model • In representative multistakeholderism, the selection processes are critically important https://store.theartofservice.com/the-stakeholder-toolkit.html

8. Multistakeholder Governance Model • In open multistakeholderism, the risk does not occur that viewpoints may get excluded because those who have power over the selection processes might want to suppress them, or might be unduly influenced e.g https://store.theartofservice.com/the-stakeholder-toolkit.html

9. Multistakeholder Governance Model • Multistakeholderism is a coup d’etat against democracy by those who would merely be lobbyists in a democratic system." https://store.theartofservice.com/the-stakeholder-toolkit.html

10. Multistakeholder Governance Model Further reading • Introduction To The ICANN Multi-Stakeholder Model http://toronto45.icann.org/meetings/toronto2012/presentation-multi-stakeholder-model-14oct12-en.pdf https://store.theartofservice.com/the-stakeholder-toolkit.html

11. Multistakeholder Governance Model Further reading • http://www.igfwatch.org/discussion-board/a-civil-society-agenda-for-internet-governance-in-2013-internet-freedom-in-a-world-of-states-part-3 https://store.theartofservice.com/the-stakeholder-toolkit.html

12. Multistakeholder Governance Model Further reading • Multistakeholderism vs. Democracy: My Adventures in “Stakeholderland” by Michael Gurstein https://store.theartofservice.com/the-stakeholder-toolkit.html

13. Corporate governance Stakeholder interests • All parties to corporate governance have an interest, whether direct or indirect, in the financial performance of the corporation https://store.theartofservice.com/the-stakeholder-toolkit.html

14. Corporate governance Stakeholder interests • When this becomes an endemic system feature, the loss of confidence and participation in markets may affect many other stakeholders, and increases the likelihood of political action https://store.theartofservice.com/the-stakeholder-toolkit.html

15. Global governance Stakeholders' views • It is too soon to give a general account of the view of world-governance stakeholders, although interest in world governance is on the rise on the regional level, and we will certainly see different types of stakeholders and social sectors working to varying degrees at the international level and taking a stand on the issue in the years to come. https://store.theartofservice.com/the-stakeholder-toolkit.html

16. Global governance Non-state stakeholders • The freedom of thought enjoyed by non-state stakeholders enables them to formulate truly alternative ideas on world-governance issues, but they have taken little or no advantage of this opportunity. https://store.theartofservice.com/the-stakeholder-toolkit.html

17. Global governance Non-state stakeholders • Pierre Calame believes that "[n]on-state actors have always played an essential role in global regulation, but their role will grow considerably in this, the beginning of the twenty-first Century https://store.theartofservice.com/the-stakeholder-toolkit.html

18. Global governance Non-state stakeholders • One alternative idea encapsulated by many not-for-profit organisations relates to ideas in the 'Human Potential Movement' and might be summarised as a mission statement along these lines: 'To create an accepted framework for all humankind, that is self-regulating and which enables every person to achieve their fullest potential in harmony with the world and its place in existence.' https://store.theartofservice.com/the-stakeholder-toolkit.html

19. Global governance Non-state stakeholders • The use of the word 'humankind' is instead of 'mankind'. There are many examples of the use of the word 'humankind' and possibly therefore of this choice e.g. in the opening narration of the TV series Wonders of the Universe by Professor Brian Cox (physicist). https://store.theartofservice.com/the-stakeholder-toolkit.html

20. Global governance Non-state stakeholders • 'Self-regulation' is meant to invoke the concept of regulation which includes rule-making such as laws, and related ideas e.g. legal doctrine as well as other frameworks. However its scope is wider than this and intended to encompass cybernetics which allows for the study of regulation in as many varied contexts as possible from the regulation of gene expression to the Press Complaints Commission for example. https://store.theartofservice.com/the-stakeholder-toolkit.html

21. Agency cost Other stakeholders • Other stakeholders such as the government, suppliers and customers all have their specific interests to look after and that might incur additional costs. Agency costs in the government may include the likes of government wasting taxpayers money to suit their own interest, which may conflict with the general tax-paying public who may want it used elsewhere on things such as health care and education. The literature however mainly focuses on the above categories of agency costs. https://store.theartofservice.com/the-stakeholder-toolkit.html

22. Project governance Principle 2: Project ownership independent of Asset ownership, Service ownership or other stakeholder group • Project contingencies are at risk of being allocated to additional scope for the stakeholder allocated project ownership. https://store.theartofservice.com/the-stakeholder-toolkit.html

23. Project governance Principle 2: Project ownership independent of Asset ownership, Service ownership or other stakeholder group • The only proven mechanism for ensuring projects meet customer and stakeholder needs, while optimising value for money, is to allocate Project ownership to specialist party, that otherwise would not be a stakeholder to the project. This is principle No. 2 of project governance. https://store.theartofservice.com/the-stakeholder-toolkit.html

24. Project governance Principle 2: Project ownership independent of Asset ownership, Service ownership or other stakeholder group • Often, organisations establish a Governance of Projects Committee, which identifies the existence of projects and appoints project owners as early as possible in a project's life, establishes Project Councils which form the basis of customer and stakeholder engagement, establishes the key result areas for a project consistent with the organisations values, and, oversees the performance of projects https://store.theartofservice.com/the-stakeholder-toolkit.html

25. Project governance Principle 2: Project ownership independent of Asset ownership, Service ownership or other stakeholder group • Projects have many stakeholders and an effective project governance framework must address their needs. The next principle deals with the manner in which this should occur. https://store.theartofservice.com/the-stakeholder-toolkit.html

26. Project governance Principle 3: Ensure separation of stakeholder management and project decision making activities • The decision making effectiveness of a committee can be thought of as being inversely proportional to its size. Not only can large committees fail to make timely decisions, those it does make are often ill considered because of the particular group dynamics at play. https://store.theartofservice.com/the-stakeholder-toolkit.html

27. Project governance Principle 3: Ensure separation of stakeholder management and project decision making activities • Hence, to all intents and purposes, large project committees are constituted more as a stakeholder management forum than a project decision making forum https://store.theartofservice.com/the-stakeholder-toolkit.html

28. Project governance Principle 3: Ensure separation of stakeholder management and project decision making activities • There is no question that both activities, project decision making and stakeholder management, are essential to the success of the project. The issue is that they are two separate activities and need to be treated as such. This is the third principle of effective project governance. If this separation can be achieved, it will avoid clogging the decision making forum with numerous stakeholders by constraining its membership to only those select stakeholders absolutely central to its success. https://store.theartofservice.com/the-stakeholder-toolkit.html

29. Project governance Principle 3: Ensure separation of stakeholder management and project decision making activities • This ensures that stakeholders have the project owner (or SRO) to champion their issues and concerns within the Project Board. https://store.theartofservice.com/the-stakeholder-toolkit.html

30. Project governance Project stakeholders • For other project stakeholders, the project sponsor engages stakeholders, governs stakeholder communications, directs client relationship, directs governance of users, directs governance of suppliers and arbitrates between stakeholders. https://store.theartofservice.com/the-stakeholder-toolkit.html

31. Stakeholder (corporate) • It defined stakeholders as "those groups without whose support the organization would cease to exist." The theory was later developed and championed by R https://store.theartofservice.com/the-stakeholder-toolkit.html

32. Stakeholder (corporate) • The term has been broadened to include anyone who has an interest in a matter. https://store.theartofservice.com/the-stakeholder-toolkit.html

33. Stakeholder (corporate) - Examples of a company's stakeholders • Government taxation, VAT, legislation, employment, truthful reporting, diversity, legalities, externalities. https://store.theartofservice.com/the-stakeholder-toolkit.html

34. Stakeholder (corporate) - Examples of a company's stakeholders • Employees rates of pay, job security, compensation, respect, truthful communication. https://store.theartofservice.com/the-stakeholder-toolkit.html

35. Stakeholder (corporate) - Examples of a company's stakeholders • Customers value, quality, customer care, ethical products. https://store.theartofservice.com/the-stakeholder-toolkit.html

36. Stakeholder (corporate) - Examples of a company's stakeholders • Suppliers providers of products and services used in the end product for the customer, equitable business opportunities. https://store.theartofservice.com/the-stakeholder-toolkit.html

37. Stakeholder (corporate) - Examples of a company's stakeholders • Creditors credit score, new contracts, liquidity. https://store.theartofservice.com/the-stakeholder-toolkit.html

38. Stakeholder (corporate) - Examples of a company's stakeholders • Community jobs, involvement, environmental protection, shares, truthful communication. https://store.theartofservice.com/the-stakeholder-toolkit.html

39. Stakeholder (corporate) - Examples of a company's stakeholders • Trade Unions quality, worker protection, jobs. https://store.theartofservice.com/the-stakeholder-toolkit.html

40. Stakeholder (corporate) - Examples of a company's stakeholders • Owner(s) profitability, longevity, market share, market standing, succession planning, raising capital, growth, social goals. https://store.theartofservice.com/the-stakeholder-toolkit.html

41. Stakeholder (corporate) - Types of stakeholders • Any action taken by any organization or any group might affect those people who are linked with them in the private sector. For examples these are parents, children, customers, owners, employees, associates, partners, contractors, and suppliers, people that are related or located nearby. https://store.theartofservice.com/the-stakeholder-toolkit.html

42. Stakeholder (corporate) - Types of stakeholders • Primary Stakeholders - usually internal stakeholders, are those that engage in economic transactions with the business. (For example stockholders, customers, suppliers, creditors, and employees) https://store.theartofservice.com/the-stakeholder-toolkit.html

43. Stakeholder (corporate) - Types of stakeholders • Secondary Stakeholders - usually external stakeholders, are those who - although they do not engage in direct economic exchange with the business - are affected by or can affect its actions. (For example the general public, communities, activist groups, business support groups, and the media) https://store.theartofservice.com/the-stakeholder-toolkit.html

44. Stakeholder (corporate) - Company stakeholder mapping • A broader mapping of a company's stakeholders may also include: https://store.theartofservice.com/the-stakeholder-toolkit.html

45. Stakeholder (corporate) - Company stakeholder mapping • Government regulatory agencies https://store.theartofservice.com/the-stakeholder-toolkit.html

46. Stakeholder (corporate) - Company stakeholder mapping • Industry trade groups https://store.theartofservice.com/the-stakeholder-toolkit.html

47. Stakeholder (corporate) - Company stakeholder mapping • National communities https://store.theartofservice.com/the-stakeholder-toolkit.html

48. Stakeholder (corporate) - Company stakeholder mapping • Public at Large (Global Community) https://store.theartofservice.com/the-stakeholder-toolkit.html

49. Stakeholder (corporate) - Company stakeholder mapping • Future generations https://store.theartofservice.com/the-stakeholder-toolkit.html

50. Stakeholder (corporate) - Company stakeholder mapping • Alumni (Ex-employees) https://store.theartofservice.com/the-stakeholder-toolkit.html