TITLE:
An Empirical Study of the Importance and Uniqueness of Stakeholder Management in China
AUTHORS:
Luo Jing, Yin Jian
KEYWORDS:
Project Management, Stakeholder Management, Stakeholder Relationships, Chinese Projects, Project Success, Guanxi
JOURNAL NAME:
Open Journal of Business and Management,
Vol.2 No.4,
October
7,
2014
ABSTRACT: Chinese economic reform in the early 1980s had introduced China modern project management theories and techniques, which had been widely observed in various industries and business sectors ever since. However, empirical studies of project stakeholder practice presented before indicate that Chinese people have learned the definition of modern projects but they give a new definition to project success according to their own working environment [1], and that stakeholder management is one of the areas where major differences between Chinese and Western projects exist. Therefore, understanding the uniqueness of stakeholder relationship in Chinese projects is one of the key factors for project success. This paper a) explores informal relationship among key stakeholders in Chinese projects and b) examines the influences their relationships have on project success in China. The final findings of this paper aim to provide best practice for understanding and managing key stakeholders in Chinese projects.