Cart
Free Shipping in the UK
Proud to be B-Corp

The Stakeholder Balance Sheet Farrokh Suntook

The Stakeholder Balance Sheet By Farrokh Suntook

The Stakeholder Balance Sheet by Farrokh Suntook


£17.90
New RRP £30.99
Condition - Very Good
Only 1 left

Summary

This book provides an as yet unavailable tool, the Stakeholder Balance Sheet, enabling any stakeholder within an organization to unlock the DNA of the market place in which they operate and to measure their effectiveness in understanding their markets and all the key stakeholders operating within them.

The Stakeholder Balance Sheet Summary

The Stakeholder Balance Sheet: Profiting from Really Understanding Your Market by Farrokh Suntook

This book provides an as yet unavailable tool, the Stakeholder Balance Sheet, enabling managers within any organisation to unlock the DNA of the market place in which they operate and to measure their effectiveness in understanding their markets and all the key stakeholders operating within them. This simple tool provides self-testing checklists at the end of each chapter that enables managers to look at stakeholder-sensitive issues in the same way that they might scrutinise financial statements (hence it will not seem alien to most managers). A review of how well your organisation has fared on the questions will tell you how healthy your balance sheet is in relation to the topic of each chapter, and it will provide you with the basis for an overall enterprise balance sheet that aggregates the scores you have achieved in each topic area. Lessons to learn from application of the Stakeholder Balance Sheet are: What appropriate tools are still required to enhance their understanding of the market place, and how these should be utilised How to maximise commercial success through understanding the market place And, find effective ways of being a truly stakeholder-sensitive enterprise In a nutshell, a genuine understanding of how customers and other stakeholders think, feel and behave offers the essential starting point for any general manager - not just the marketing or sales specialist - seeking to determine the direction of his organisation. For the purpose of the book, stakeholders are described as: the direct stakeholders in the market place - customers and prospects (including both the key contacts with whom you interface and others who may influence the final decisions made); the internal stakeholders - staff; other external stakeholders - pressure groups, local community, government, intermediaries, banks, etc. My 40 years of international business experience would completely endorse this total focus on the stakeholder balance sheet. - Sir Peter Bonfield CBE FREng, Chairman of NXP Supervisory Board and formerly CEO of BT Group plc and ICL plc The Stakeholder Balance Sheet is an excellent and highly practical framework...This book is a must-read for decision makers in any organization, regardless of level or function. - Professor Sharan Jagpal, Professor of Marketing, Rutgers Business School & author of Fusion for Profit

The Stakeholder Balance Sheet Reviews

A validation of the centrality of stakeholder theory in modern business management (Ethical Corporation Magazine, November 2008) ...supported by well-illustrated graphics and relevant case studies...fascinating insights...provides practical advice...well written and easy to read. (B2B Marketing, January 2009) Well-researched, comprehensive and challenging, this book clearly sets out the benefits of a holistic, joined-up approach (The Marketer, February 2009) 'This is a wide-ranging sales book, in which information is systematically presented.' (UK Excellence, 2010)

About Farrokh Suntook

Farrokh Suntook has been running his own consultancy and executive coaching service since 2006. The focus of his consultancy is to help clients develop market insights for action planning designed to strengthen their position in the market place. Prior to this Farrokh had over thirty year's experience, mostly in business development and marketing research consultancy undertaken for a range of blue chip multinational companies. His assignments covered topics ranging from market segmentation and product development to market drivers and customer loyalty. Over the years these topics have also been the subject of articles, international conference papers and in-house seminars and workshops which he has led. Farrokh has a BSc(Econ) from the London School of Economics and an MBA from the Columbia Business School in New York. He is a member of the CIM Learning & Development faculty. Dr John A Murphy, Telefonica O2 Professor of Customer Management and Head of Corporate Relations at Manchester Business School, combines the roles of academic and international consultant, specialising in customer management and service quality. He has held a series of senior management positions both in Ireland and the UK. At Manchester Business School he has established a unique cohort of PhD scholarship students in conjunction with leading UK companies. This is the largest doctoral research group in this specialist area in Europe. He is a regular contributor to the programmes at the MBS Executive Development Centre. He chairs and directs the Customer Management Leadership Group. John holds four professional fellowships and is a member of the International Academy for Quality, whose members are chosen from the most active protagonists of quality in the world. He is the author of five books, the most recent of which, Converting Customer Value: From Retention to Profit , was published in 2006.

Table of Contents

Contents Acknowledgements Introduction: Why this Book? 1. The 9 Point Plan for Sustaining and Growing Your Market Profitably 2. In the Beginning was ... Segmentation! Why is market segmentation the first step? So what is successful market segmentation all about? Successful market segmentation is the starting point for your business and marketing strategy Targeting individuals and organisations as well as segmenting the market The executive self-assessment checklist: segmentation 3. Delving into the Mind of the Market - Understanding the Real Stakeholder Drivers From market drivers to business performance - a step-by-step approach Identifying the business winners 'Back-of-mind' and 'front-of-mind' issues The role of intangibles What makes for value in your business? The executive self-assessment checklist: delving into the mind of the market 4. From Customer Satisfaction and Branding to Loyalty and Attraction Why customer loyalty is important - and why customer satisfaction doesn't give you the whole picture Input - impact analysis of actions taken Bringing customer opinions to life The world is a competitive place! But benchmarking against the competition alone can lead to wasted resources The performance/equity gap Comparing Norwegian apples with Italian oranges The executive self-assessment checklist: from customer satisfaction and branding to loyalty 5. Decision-Making Dynamics Introduction Functions/levels of seniority Roles Needs, interests and desires Psycho-cultural environment Appropriate approaches Update the database and profile the DMU The executive self-assessment checklist: decision-making dynamics 6. Staff Motivation and Perceptions Some introductory thoughts on staff motivation Staff perceptions: introduction Are staff in touch with the marketplace? Are processes and opinions within your organisation aligned? The executive self-assessment checklist: staff motivation The executive self-assessment checklist: staff perceptions 7. Who Else should be on your Radar Screen - The Role and Motivation of Other External Stakeholders and Influencers Introduction: who are other external stakeholders and influencers? Scenario 1 - You wish to assess the impact of influencers on your customers' attitudes/behaviour Scenario 2 - Some influencers are also your customers Scenario 3 - You wish to enhance your overall standing and business performance Scenario 4 - You are making a major decision or taking an initiative Scenario 5 - You are engaged in a damage limitation exercise Managing the (conflicting) demands of different stakeholders Concluding questions The executive self-assessment checklist: other external stakeholders and influencers 8. Communicate (and Communicate and Communicate...) Your communication targets Corporate communication: introduction Information about your organisation Strengthening your corporate brand Combining knowledge with brand equity Product/service communication Effective communication is a two-way process The executive self-assessment checklist: communication 9. Constant Renewal - Searching for Winning New Product or Service Propositions Introduction: the impetus for new product or service development Looking around us: underlying 'macro' trends Critical factors for success: introduction Internal success factors External success factors How do you go about finding out whether or not your new product/service is likely to be successful? Evaluating your own experience The executive self-assessment checklist: new products/services 10. An Ongoing Process: Monitoring your Performance Why monitor your performance What to monitor How to monitor Acting on the results Identifying and acting on the blockages The executive self-assessment checklist: monitoring your performance 11. Conclusion: The 9 Point Plan Revisited Your stakeholder balance sheet at a glance And finally ... a reminder about the key action areas Bibliography Index

Additional information

GOR006279501
9780470712160
0470712163
The Stakeholder Balance Sheet: Profiting from Really Understanding Your Market by Farrokh Suntook
Used - Very Good
Hardback
John Wiley and Sons Ltd
20081024
324
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Stakeholder Balance Sheet