ABSTRACT

This chapter focuses on the key points of the model, their importance, and the usefulness of the models in the context, and how the stakeholder model serves to support the research. It describes the link to the subsequent empirical chapters that treat in turn the four major stakeholder groups of the Treuhandanstalt. Very rarely was a government agency under such intense public scrutiny as was the Treuhandanstalt. The intense interest in the work of the Treuhandanstalt derives from the fact that it was created precisely to act as a proactive instrument for organisational and economic change. The Treuhandanstalt was mandated to implement mass privatisation and support the transformation of a command economy to a market economy. The stakeholder model was deemed the most useful model for evaluating the effectiveness of the Treuhandanstalt. A stakeholder map reflects the relative importance and bilateral links between the organisation and individual stakeholder groups.