publication . Article . 2005

FORMULATING BUSINESS STRATEGIES FROM A STAKEHOLDER'S PERSPECTIVE: KOREAN HEALTHCARE IT BUSINESS CASES

GEUNCHAN LIM; HEESEOK LEE; TAEHUN KIM;
Open Access
  • Published: 01 Jan 2005 Journal: International Journal of Information Technology & Decision Making, volume 4, pages 541-566 (issn: 0219-6220, eissn: 1793-6845, Copyright policy)
  • Publisher: World Scientific Pub Co Pte Lt
Abstract
<jats:p> The management of competing stakeholders has emerged as an important topic for formulating business strategies. This is especially the case in the complicated business environment like the healthcare IT (Information Technology) industries. This paper proposes a methodology to formulate business strategies based on stakeholders' demands. Our methodology begins with the understanding of stakeholders' demands. This understanding is particularly useful for businesses with conflicting stakeholders. Our methodology consists of four phases: current business analysis, strategy development, strategy evaluation, and strategy implementation. Power, legitimacy, urg...
Subjects
free text keywords: Business performance, business strategies, formulation methodology, healthcare, medical EDI business, stakeholder theory, strategy evaluation, Computer Science (miscellaneous)
Powered by OpenAIRE Research Graph
Any information missing or wrong?Report an Issue