Importance Of Stakeholder Participation Research Articles

Impact of critical success factors and risk management on organizational results

Goal: The purpose of this study is to identify how do risk management processes and critical success factors (CSFs) impact organizational results. Design / Methodology / Approach: A qualitative research approach was applied, using a multiple case study, involving six organizations in public and private sectors of the Brazilian economy. Results: The support given by top management, the existence of a corporate governance structure, the integration of risk management across all organizational functions and the importance of stakeholder participation, both in public and private organizations, presented aspects that impact organizational outcomes, such as the preservation of reputation, increase in market value, and the creation of competitive advantage. Limitations of investigation: The present research considered only Brazilian organizations, which is a limiting factor for a possible generalization of the findings. The research can be extended to other organizations and countries, so that other contexts can be discussed and analyzed. Practical implications: Based on the findings, we designed an Organizational Results Matrix (ORM), which aims to support managers dealing with factors conditioning the company´s results. Originality / Value: The original value of the research lies in the presentation of ORM. This matrix may enrich the quality and rigor of the actions carried out in public and private sectors, providing to managers an insight into the main dimensions of CSFs and risk management process and their influence on the expected results.

Artificial Intelligence and Public Values: Value Impacts and Governance in the Public Sector

While there has been growth in the literature exploring the governance of artificial intelligence (AI) and recognition of the critical importance of guiding public values, the literature lacks a systematic study focusing on public values as well as the governance challenges and solutions to advance these values. This article conducts a systematic literature review of the relationships between the public sector AI and public values to identify the impacts on public values and the governance challenges and solutions. It further explores the perspectives of U.S. government employees on AI governance and public values via a national survey. The results suggest the need for a broad inclusion of diverse public values, the salience of transparency regarding several governance challenges, and the importance of stakeholder participation and collaboration as governance solutions. This article also explores and reports the nuances in these results and their practical implications.

Global ESG transformation and sustainable development trends of Russian companies under sanctions pressure

The article discusses the concept of environmental, social and governance factors (ESG) and their importance for sustainable development. In recent years, this concept has gained significant popularity as a basis for assessing the non-financial performance of companies, while investors and stakeholders are increasingly aware of the importance of ESG factors in creating long-term value, risk management and stakeholder engagement. The paper explores key trends and challenges in the current business environment, such as the proliferation of reporting forms, the need for more standardized and comparable data on ESG factors, and the importance of stakeholder participation in decision-making on the implementation of ESG policies. The author emphasizes the correspondence between the goals of sustainable development and ESG factors in the activities of companies. The study provides examples of successful implementation of ESG by companies from different sectors of the economy. The theoretical basis of the ESG concept is explored, outlining the key principles, as well as the connection with corporate performance. ESG factors are identified as key drivers of the sustainability process, and this article provides an in-depth analysis of each of these factors, highlighting the challenges and opportunities they present to implement this concept. The article also looks at the specific challenges and opportunities for ESG in emerging economies, in particular Russia, where the transition to a more resilient economy is complicated by geopolitical tensions and sanctions pressure in 2022. The article explores the issue of sanctions creating risks and opportunities for companies and investors seeking to introduce ESG into business practice. An analysis of ESG implementation practices in Russian organizations based on some case studies and empirical data is provided to illustrate the current state of ESG implementation in the country. The author identified the main problems and opportunities for companies in Russia. Overall, the article presents evidence-based conclusions and suggestions for companies, investors, policy makers and society to inform their efforts to create a more sustainable future. The author emphasizes the importance of continuous learning, the adaptation of ESG policies for business, cooperation between companies and stakeholders for the effective implementation of environmental, social and governance factors that have the potential to shape sustainable development in the 21st century.

Assessing the Impact of Optimization Measures on Sustainable Water Resource Management in the Guanzhong Area, China

Limited water resources and rapid socioeconomic development pose new challenges to watershed water resource management. By integrating the perspectives of stakeholders and decision-makers, this study aims to identify cases and approaches to achieve sustainable water resources management. It improves and expands the experience of previous project research. The comparative evaluation provides an analytical basis to verify the importance of stakeholder participation in water policy interactions. The results show that if an effective demand management policy is not implemented, the Guanzhong area will not meet water demand in the future. Through the combination of water-saving policies, water transfer projects and other measures, the available water resources will continue into the future. Optimizing management measures, improving the ecological environment, and encouraging stakeholder participation will help change this situation, although supply-side limitations and future uncertainties likely cause unsustainable water. Therefore, decision-makers should pay attention to the application potential of water-saving and other measures to reduce dependence on external water sources. In addition, the three sustainable development decision-making principles identified in this paper can promote the fairness and stability of water policy.

Stakeholder Participation in Project Planning: Prerequisite to Effective Completion of Urban Road Transport Infrastructure Projects in Kenya

Stakeholder involvement in the project planning process should include a variety of actors with different roles and responsibilities at the planning phase of the project life cycle. Failure to adequately plan greatly reduces the project’s chances of successfully accomplishing its goals. The objective of this study was to determine the influence of stakeholder participation in project planning on the completion of urban road transport-infrastructure projects in Kenya. Pragmatic research paradigm was utilized for this study to facilitate mixed research methods. The study adopted descriptive survey and correlational research design. The target population was 1593. A sample size of 309 respondents was drawn utilizing purposive and simple random sampling procedures. A five point Likert type scale questionnaire was used to collect quantitative data while interview guides were used to collect qualitative data. The study found that stakeholder participation in project planning had a positive and significant influence on the completion of urban road transport infrastructure projects in Kenya (r = 0.838, R2 = 0.703, F (4, 209) = 123.43, p < 0.001 < 0.05). R2 = 0.703 indicating that stakeholder participation in project planning explains 70.3% of the variations in the completion of urban road transport infrastructure projects in Kenya. The study concluded that stakeholder participation in project planning significantly influences completion of urban road transport-infrastructure projects in Kenya. The study recommends the need to increase training and awareness on participation in project planning. The study also recommends the need to develop a guiding policy document detailing the importance of stakeholder participation in road construction life cycle in order to curb any future misgivings in implementation of these important socio-economic projects.

PARTISIPASI STAKEHOLDERS DALAM OPERASI DAN PEMELIHARAAN JARINGAN IRIGASI PADA DAERAH IRIGASI UNDA DI KABUPATEN KLUNGKUNG

Although it has a large amount water resources but the agricultural land of Unda Irrigation Area still has water crisis. Many potential water of Unda river waste into the sea that indicate the management of irrigation network is still less. The lack participation of stakeholders from the government and the public in this case Irrigation Area of Unda river seen from the number of the irrigation channels damage and existing buildings. The approach used in this research is explorative and descriptive approach. The collecting Data obtained by questionnaires and in-depth interviews with stakeholders were selected using purposive sampling method. Data were analyzed with descriptive qualitative Likert scale used to measure attitudes, opinions and perceptions of stakeholders in the securement and maintenance. The test results show the value of the adjusted R Square is 0.747. This mean that stakeholders have 74.7% effects, while 25.3% is influenced by other factors. Which is government contributes most, followed by Subak / P3A. It caused by the influence of the test simultaneously or partial value of Fcount &gt; Ftable, so it can be concluded participation of stakeholders have a significant influence on this operation and maintenance of irrigation system in Unda Irrigation area in Klungkung district either simultaneously or partially. This means increased participation of stakeholders simultaneously and partially will improve the operation and maintenance of irrigation networks. From this research can be given some suggestions. In order for the participation of stakeholders can be improved, the other stakeholders instead of government sector and Subak / P3A which is not included in the study need to observe. To increase the participation of Subak / P3A in the operation and maintenance of irrigation networks needs to be disseminated about the importance of stakeholder participation by the government so that the participation of Subak / P3A can be maximized.

Selection of the Best Inland Waterway Structure: A Multicriteria Decision Analysis Approach

This study explains the role and effectiveness of Multicriteria Decision Analysis (MCDA) approaches for decision support to rank the best option(s) to reconstruct and rehabilitate the inland waterway structure by demonstrating a case study of River Ilmenau in Germany. Considering the involvement of several stakeholders and community with the status and functionality of the Ilmenau river, this paper also considers the importance of stakeholder participation in the decision making process by an intensive stakeholder interview. A total of 27 criteria were selected that represent a wide range of environmental and socio-economic aspects of the Ilmenau River and the activities related to this river. The ranking of the alternatives were performed by combining AHP (Analytical Hierarchy Process) with PROMETHEE (Preference Ranking Organisation METHod for Enrichment Evaluations) to achieve a rigorous solution of the objective. 23 stakeholders such as decision-makers, experts, and researchers from environmental, administrative, recreational, and socio-economical fields were interviewed to determine the criteria to be weighed. The stakeholders’ opinions showed ecological continuity is one of the most important criteria to be considered. They also gave significant importance to nature protection laws and directives. Among the socio-economic criteria, flood protection was the most important one. Removal of weirs and installation of ground ramps was suggested to be the best option to consider for further investigation and implementation. This study clearly demonstrates the importance of stakeholder and community participation to decision-making process and contributes new information, especially stakeholders’ attitude towards decision making for water resources infrastructure selection.

Assessing Stakeholder Perspectives on Invasive Plants to Inform Risk Analysis

AbstractConservation and land management decisions often are based primarily on natural science, but could be more successful if human influences were effectively integrated into decision making. This is especially true for efforts to manage invasive plants, whose arrival is usually the product of deliberate human introduction. Risk-assessment models that predict the probability that a nonnative plant will naturalize or invade are useful tools for managing invasive plants. However, decisions based on such models could affect stakeholders differently. Careful assessment of risk-analysis methodologies should consider the importance of stakeholder participation. We surveyed the perceptions of four stakeholder groups (conservation professionals, master gardeners, professional horticulturists, and woodland landowners) in Iowa about invasive plants, general management approaches, and risk-assessment models. We also examined whether or not a stakeholder's nature relatedness plays a role in shaping his or her responses. Stakeholder perceptions varied less than expected across all four groups. Eighty-seven percent of respondents agreed invasive plants are a problem, and 88.4% agreed that we have a responsibility to manage them to protect natural areas. Support for the use of risk-assessment models also was high, with 78.7% of respondents agreeing that their use has potential to prevent plant invasions. Nature relatedness scores for all groups were correlated with respondent perspectives on invasive plants. Respondents believed biologically significant error rates (errors that might introduce a new invasive plant) should not exceed 5 to 10%. Respondents were more tolerant of horticulturally limiting errors (errors that restrict sale/use of a plant that would not have become invasive), reporting rates of 10 to 20% as acceptable. Researchers developing risk-assessment models might wish to aim for error rates within these bounds. General agreement among these stakeholder groups suggests potential support for future risk-management efforts related to invasive plants.

Methodology for the Assessment of Institutional Frameworks for Water Resources Management

One of the root causes of deficient water resources management is the absence or insufficiency of capable institutions responsible for integrated water resources management. On the basis of the need to adequately facilitate the design of water resources sector reform programs, the Inter-American Development Bank developed a methodology for assessment of institutional frameworks for water resources management that distinguishes a constitutional, an organizational, and an operational function in water resources management. This paper presents experiences with the use of that methodology and, in particular, evaluates the use of questionnaires and the importance of stakeholder participation in the assessment process. Two case studies are presented from projects in which this methodology was applied: one from Costa Rica and one from the Dominican Republic. The authors conclude that both the conceptual framework for the assessment of institutional frameworks and the questionnaire methodology for the consultation and participation of stakeholders are very useful tools. With respect to the questionnaire methodology, the finding is that, in the design stage of a water resources management sector reform program, its usefulness lies mostly in its capacity to involve stakeholders and make them part of the development of the reform program.