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The importance of maintaining a balance of power between organizational stakeholders

Why is it important to maintain a balance of power between different groups of organizational stakeholders?

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I think that one of the primary reasons that it is important to maintain a balance of power between different groups of organizational stakeholders, is to ensure that no one individual stakeholder or stakeholder group, has too much power or control in making organizational decisions, etc. This is due to the fact that if one group of stakeholders or an individual stakeholder, has too much power, that this individual would be able to determine what objectives the organization would seek to ...

Solution Summary

This solution describes the reasoning behind maintaining a balance of power between organizational stakeholders. Expert explains why maintaining an even power-system is vital to the success of any organization. The solution also explains what would happen if there existed a power hierarchy amongst the organizational stakeholders.

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