<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper aims to propose a change of the management paradigm by placing in the foreground the relationship between manager and stakeholder instead of the manager–subordinate relationship. The new managerial paradigm comes as a result of the wide-ranging mutations that have taken place in recent decades at the level of societies, economies and organizations around the world, which have forced the change of traditional managerial approaches. The work emphasizes why is necessary and possible to change the management paradigm in the present context, taking into consideration managerial and organizational arguments, that are based on observations, suggestions and recommendations of numerous specialists. Also, there are highlighted the quantitative and the qualitative differences between managerial paradigm focused on stakeholders and classical managerial paradigm of manager–employee, as well as the main advantages of a company stakeholder-based management system.</p>
</abstract>

This paper aims to propose a change of the management paradigm by placing in the foreground the relationship between manager and stakeholder instead of the manager–subordinate relationship. The new managerial paradigm comes as a result of the wide-ranging mutations that have taken place in recent decades at the level of societies, economies and organizations around the world, which have forced the change of traditional managerial approaches. The work emphasizes why is necessary and possible to change the management paradigm in the present context, taking into consideration managerial and organizational arguments, that are based on observations, suggestions and recommendations of numerous specialists. Also, there are highlighted the quantitative and the qualitative differences between managerial paradigm focused on stakeholders and classical managerial paradigm of manager–employee, as well as the main advantages of a company stakeholder-based management system.

New Managerial Paradigm: Manager–Stakeholder Instead of Manager–Employee

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This paper aims to propose a change of the management paradigm by placing in the foreground the relationship between manager and stakeholder instead of the...

New Managerial Paradigm: Manager–Stakeholder Instead of Manager–Employee

Published Online: Jul 12, 2021

Page range: 216 - 223

DOI: https://doi.org/10.2478/kbo-2021-0033

Keywords
management, manager, stakeholder, managerial paradigm, knowledge

© 2021 Ovidiu Nicolescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

New Managerial Paradigm: Manager–Stakeholder Instead of Manager–Employee

Published Online: Jul 12, 2021

Page range: 216 - 223

DOI: https://doi.org/10.2478/kbo-2021-0033

Keywordsmanagement, manager, stakeholder, managerial paradigm, knowledge

© 2021 Ovidiu Nicolescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
management, manager, stakeholder, managerial paradigm, knowledge