Stakeholder engagement (FIND)

Collaboration & competition in your "nexus of contracts", social and legal

... core economic issues in shareholder−stakeholder debates revolve around the positive analysis of property rights, transaction costs, ownership, and control. Going beyond the stylized assumptions of neoclassical economics, which assume away co−investment by the firm's transactional and contractual partners, we show how theories of implicit and explicit contracting help us understand better joint investments and the creation of joint value.

An encyclopedic 'database' like M-LA requires better filters than conventional search algorithms. OconEco's First Integrating Navigator for Decisions (FIND) does so in two ways. First, it uses M-LA's hierarchical structure to make users aware of taxonomically related information. Second it uses Corpus Minder to FIND matches between M-LA and content in a stakeholder's website or other electronic form. Third, it That leaves the non-trivial task of identifying an optimal set of stakeholders and engaging them in the task at hand.

Defining stakeholders

Typologies on stakeholders abound. We reverse engineer a typology from those a client tells us matter; mindful of 'priors' others will impute to a client based on a seemingly technical matter--typology. The key issue is whether others in a group trust the representatives chosen to represent their interests in a particular workspace. 

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Recognizing stakeholder interests

FIND distills content of stakeholder websites into statements of their interests a client can compare with its own and others. Clients decide who and how many entities should represent a class of stakeholders in a workspace for a specific resource allocation decision/task.

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Exchanging 'value signals'

FIND turns the client's website content and that of prospective stakeholders into collective "weight of discussion" metrics that can be aggregated and anonymized based on Procedures set out in advance. One communication tool is our version of the Dashboard of Sustainability. It provides an intuitive and visual way for stakeholders to signal, to each other, the importance each attaches to Who & What they have agreed is relevant to a task. The original proved useful in building consensus about Millennium Development Goals

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