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Management for Stakeholders Network : A System Dynamic Framework
The managerial world in the 21st century is fully equipped with complexity. Managerial assumption, every thing is static, is no longer practical. The pitfalls of managerial malfunctions had emerged, and collapsed the centennial world giant corporations overnight, in the dawn of this century. This article is trying to propose a system dynamic framework to handle the complexity of management in the 21st century in order to formulate ethical management network under freeman’s stakeholders theory. Resulted from system dynamic model and stakeholders integration, a system dynamic framework of management for stakeholders network is proposed. The network exponential growth is hypothesized in the network formulation process.
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