English, Article edition: FORMULATING BUSINESS STRATEGIES FROM A STAKEHOLDER'S PERSPECTIVE: KOREAN HEALTHCARE IT BUSINESS CASES GEUNCHAN LIM; HEESEOK LEE; TAEHUN KIM

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/36572
Physical Description
  • article
Language
  • English

Edition details

Title
  • FORMULATING BUSINESS STRATEGIES FROM A STAKEHOLDER'S PERSPECTIVE: KOREAN HEALTHCARE IT BUSINESS CASES
Author
  • GEUNCHAN LIM
  • HEESEOK LEE
  • TAEHUN KIM
Physical Description
  • article
Notes
  • The management of competing stakeholders has emerged as an important topic for formulating business strategies. This is especially the case in the complicated business environment like the healthcare IT (Information Technology) industries. This paper proposes a methodology to formulate business strategies based on stakeholders' demands. Our methodology begins with the understanding of stakeholders' demands. This understanding is particularly useful for businesses with conflicting stakeholders. Our methodology consists of four phases: current business analysis, strategy development, strategy evaluation, and strategy implementation. Power, legitimacy, urgency, interdependence, cooperation, and conflict are used as stakeholders related variables. Strategic alternatives are derived on the basis of stakeholders' demands. Resolution, replacement, integration, reaggregation, and balance guidelines are employed for this derivation. Strategic alternatives are then evaluated according to a business social performance index. In order to demonstrate the practical usefulness of our methodology, three business cases for the Korean healthcare IT industry are illustrated. The case results imply that our methodology is useful for strategy formulation, especially in the case of competing business stakeholders.
  • Business performance, business strategies, formulation methodology, healthcare, medical EDI business, stakeholder theory, strategy evaluation
  • RePEc:wsi:ijitdm:v:04:y:2005:i:04:p:541-566
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment