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Category: Business and Industry
Date Submitted: 10/20/2014 07:31 PM
Trident University International
ITM301 Principles of Information Systems in Business and Organization
Module One: Data, Information, and Organizational Knowledge
Case Assignment
Core Professor: Dr. Ying Liu
September 5, 2014
In this paper I will discusses how data, information and knowledge are applicable in the context of an IS theory, or vise-versa. For this paper I will use the Stakeholder Theory.
Stakeholder Theory: The growing popularity of stakeholder analysis reflects an increasing recognition of how the characteristics of stakeholders influence decision-making processes. This concern is rooted in management theory. In management theory, stakeholder analysis is used to gain knowledge about relevant actors of a policy or program so as to understand their behavior, intentions, interrelations, agendas, interests, and the influence or resources they could bring to bear on decision-making processes (Bryson, 2004). Ideally, managers are able to use this knowledge of their stakeholders to develop strategies for managing these stakeholders, to facilitate the implementation of specific decisions or organizational objectives, or to understand the policy context and assess the feasibility of future policy directions.
Managers might go about using stakeholder identification and analysis techniques in order to help their organizations meet their mandates, fulfill their missions and create public value. A range of stakeholder identification and analysis techniques is reviewed. The techniques cover: organizing participation; creating ideas for strategic interventions, including problem formulation and solution search; building a winning coalition around proposal development, review and adoption; and implementing, monitoring and evaluating strategic interventions. The article argues that wise use of stakeholder analyses can help frame issues that are solvable in ways that are technically feasible and politically acceptable and that advance the common good....