Stakeholder Management and Path Dependence in Organizational Transitions
Lamberg, Juha-Antti and Pajunen, Kalle and Parvinen, Petri and Savage, Grant T. (2008) Stakeholder Management and Path Dependence in Organizational Transitions. Management Decision, 46 (6). pp. 846-863. ISSN 0025-1747
Official URL: http://www.emeraldinsight.com/0025-1747.htm
This paper offers an explanatory process model of stakeholder management. The paper addresses an important research gap, exploring how stakeholder-related path dependencies influence the process of conflict escalation. Our theoretical work and a case illustration of the United Airlines and US Airways abandoned merger demonstrate that initial conditions are accentuated by the sequence of actions, offering a plausible explanation for process outcomes. On the practical side, the paper provides a problem-solving tool for stakeholder management to analyze the stakeholder linkages during strategic initiatives.
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