Title: Stakeholder analysis: a vital step in restructuring projects in project-based companies

Authors: Behrouz Zarei; Yahya Chaghouee; Fereshteh Ghapanchi

Addresses: Department of Corporate Entrepreneurship, University of Tehran, Iran ' Department of Media Management, Islamic Azad University, Science and Research Branch, Tehran, Iran ' School of Accounting, Azad University, Mobarakeh, Iran

Abstract: The purpose of this paper is to identify the role and benefits of stakeholder analysis in the project-based companies. To this end, a model is developed and stakeholders' demands, wants and expectations are identified. This paper presents a case study in a large company in energy sector and the data is collected through focus groups. To achieve sustainability, project-based companies should find a balance between different stakeholders' interests in different phases of their change programmes. The model proposed herewith can be used in project-based companies in different industries based on stakeholders' expectations.

Keywords: stakeholder analysis; project management; project-based firms; project restructuring; case study; energy industry; stakeholder interests; stakeholder expectations.

DOI: 10.1504/IJBIR.2015.072501

International Journal of Business Innovation and Research, 2015 Vol.9 No.6, pp.731 - 749

Received: 24 May 2014
Accepted: 08 Aug 2014

Published online: 15 Oct 2015 *

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