The co-operative model as a means of stakeholder management: an exploratory qualitative analysis

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dc.contributor.authorHammond, Darrell
dc.contributor.authorLuiz, John
dc.date.accessioned2021-10-08T07:16:01Z
dc.date.available2021-10-08T07:16:01Z
dc.date.issued2016
dc.description.abstractThe South African economy has for some time been characterised by high unemployment, income inequality and a skills mismatch, all of which have contributed to conflict between business, government and labour. The co-operative model of stakeholder management is examined as a possible mitigating organisational form in this high-conflict environment. International experience indicates some success with co-operative models but they are not easy to implement effectively and face severe obstacles. Trust and knowledge sharing are critical for enabling a co-operative model of stakeholder management, which requires strong governance and adherence to strict rules. The model must balance the tension between optimisation of governance structures and responsiveness to members' needs. Furthermore, support from social and political institutions is necessary. We find barriers to scalability which manifest in the lack of depth of business skills, negative perception of the co-operative model by external stakeholders, government ambivalence, and a lack of willingness on the part of workers to co-operate for mutual benefit.
dc.identifier.apacitationHammond, D., & Luiz, J. (2016). The co-operative model as a means of stakeholder management: an exploratory qualitative analysis. <i>South African Journal of Surgery</i>, 19(4), 630 - 646. http://hdl.handle.net/11427/34748en_ZA
dc.identifier.chicagocitationHammond, Darrell, and John Luiz "The co-operative model as a means of stakeholder management: an exploratory qualitative analysis." <i>South African Journal of Surgery</i> 19, 4. (2016): 630 - 646. http://hdl.handle.net/11427/34748en_ZA
dc.identifier.citationHammond, D. & Luiz, J. 2016. The co-operative model as a means of stakeholder management: an exploratory qualitative analysis. <i>South African Journal of Surgery.</i> 19(4):630 - 646. http://hdl.handle.net/11427/34748en_ZA
dc.identifier.issn1015-8812
dc.identifier.issn2222-3436
dc.identifier.ris TY - Journal Article AU - Hammond, Darrell AU - Luiz, John AB - The South African economy has for some time been characterised by high unemployment, income inequality and a skills mismatch, all of which have contributed to conflict between business, government and labour. The co-operative model of stakeholder management is examined as a possible mitigating organisational form in this high-conflict environment. International experience indicates some success with co-operative models but they are not easy to implement effectively and face severe obstacles. Trust and knowledge sharing are critical for enabling a co-operative model of stakeholder management, which requires strong governance and adherence to strict rules. The model must balance the tension between optimisation of governance structures and responsiveness to members' needs. Furthermore, support from social and political institutions is necessary. We find barriers to scalability which manifest in the lack of depth of business skills, negative perception of the co-operative model by external stakeholders, government ambivalence, and a lack of willingness on the part of workers to co-operate for mutual benefit. DA - 2016 DB - OpenUCT DP - University of Cape Town IS - 4 J1 - South African Journal of Surgery LK - https://open.uct.ac.za PY - 2016 SM - 1015-8812 SM - 2222-3436 T1 - The co-operative model as a means of stakeholder management: an exploratory qualitative analysis TI - The co-operative model as a means of stakeholder management: an exploratory qualitative analysis UR - http://hdl.handle.net/11427/34748 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/34748
dc.identifier.vancouvercitationHammond D, Luiz J. The co-operative model as a means of stakeholder management: an exploratory qualitative analysis. South African Journal of Surgery. 2016;19(4):630 - 646. http://hdl.handle.net/11427/34748.en_ZA
dc.language.isoeng
dc.publisher.departmentGraduate School of Business (GSB)
dc.publisher.facultyFaculty of Commerce
dc.sourceSouth African Journal of Surgery
dc.source.journalissue4
dc.source.journalvolume19
dc.source.pagination630 - 646
dc.source.urihttps://dx.doi.org/10.4102/sajems.v19i4.1537
dc.subject.otherco-operatives
dc.subject.otherstakeholder management
dc.subject.othersocial contracts
dc.titleThe co-operative model as a means of stakeholder management: an exploratory qualitative analysis
dc.typeJournal Article
uct.type.publicationResearch
uct.type.resourceJournal Article
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