Term
|
Definition
| Stakeholders are groups who have an actual or potential stake in the activity of an organisation (interest) or who impact on it in some way (influence) |
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Term
|
Definition
| stakeholder / organisational obectives may coincide (eg supplier gives reliable, cost-effective supply >> organisation gives supplier ongoing profitable business) but may not! |
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Term
| power / interest matrix (Mendelow) |
|
Definition
low A minimal effort B keep informed
power
C Keep satisfied D key players
high low interest high |
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Term
|
Definition
power / interest matrix
map stakeholder influence and likelihood of getting involved >>
identify appropriate strategy for communication / engagement |
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Term
|
Definition
procurement positioning tool:
determine power / dependency issues of particular purchased items |
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Term
|
Definition
high Bottleneck Strategic or critical items
strength /
complexity
of supply
market
Non-critical or leverage items
routine items
low strength of buying organisation high |
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Term
| Power / dependency (Cox et al) |
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Definition
| determines dependency within supply relationship |
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Term
| Power / dependency matrix (Cox et al) |
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Definition
high B is dominant over A A and B are interdependent
Important
of B's
resources
to A
A and B are independent A is dominant over B
low importance of A's resources to B high |
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