gaps between corporate performance and stakeholder
Public issues are as follows:
- Budget constraint: Budget constraint is a significant public issue. Most of the public corporations face severe budgetary problems due to lack of sufficient financial resources.
- Procurement: Procurement issues are significantly challenging in public organizations. It depends on the nature and size of the purchase and decision-making process.
- Network security: The rise of hacktivism and various illegal data theft are creating security issues in public organizations.
gaps between corporate performance and stakeholder expectations are as follows:
- Performance level: Corporate performance is considered to be the actual performance of the organization. On the contrary, stakeholders’ expectations are expected performance standards.
- Resultant: corporate performance is the outcome of the entire organizational performance, while stakeholders’ expectations describe the actual demands of stakeholders.
- Impact: Impact is one of the significant gaps between these two. The corporate performance is impactful on others while stakeholders expectation results in a various emotional outcome like disappointment and anger.