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Stakeholder Participation for Sustainable Property Development

Martinez, Carlos LU and Olander, Stefan LU (2015) 8th Nordic Conference on Construction-Economics-and-Organization (CEO), 2015 In Procedia Economics and Finance 21. p.57-63
Abstract
Complexity in property development projects involves and affects stakeholders with different attributes, interests, needs and concerns. Thus, each stakeholder may influence a project negatively or positively. The literature suggests that the concepts of stakeholder, participation, social sustainability and sustainable development are intertwined and together can contribute to social change. To enhance transparency and involvement of a wide range of stakeholders, there is a need for a systematic process of stakeholder collaboration in urban property development projects. This paper describes two internal project meetings of a case study of a property development project with the aim to achieve sustainable development. Collaboration,... (More)
Complexity in property development projects involves and affects stakeholders with different attributes, interests, needs and concerns. Thus, each stakeholder may influence a project negatively or positively. The literature suggests that the concepts of stakeholder, participation, social sustainability and sustainable development are intertwined and together can contribute to social change. To enhance transparency and involvement of a wide range of stakeholders, there is a need for a systematic process of stakeholder collaboration in urban property development projects. This paper describes two internal project meetings of a case study of a property development project with the aim to achieve sustainable development. Collaboration, participation and new forms of organizing are needed to achieve sustainable property development. Stakeholder participation can contribute to this by providing forums for a dialogue and interactions in projects. Furthermore, institutionalization, organisational change and commitment in project organisations are needed to safeguard good participation practice. These could be facilitated through action research-based, collaborative interventions where theory and practice contribute to desired organisational change. (Less)
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author
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
sustainable development, stakeholders, social sustainability, property development, Participation
in
Procedia Economics and Finance
editor
Kähkönen, Kalle and
volume
21
pages
7 pages
publisher
Elsevier
conference name
8th Nordic Conference on Construction-Economics-and-Organization (CEO), 2015
external identifiers
  • wos:000358679700007
ISSN
2212-5671
DOI
10.1016/S2212-5671(15)00150-1
language
English
LU publication?
yes
id
4e9cc684-58ca-4e5f-87a3-d9435a7becd4 (old id 7868908)
date added to LUP
2015-09-25 13:57:44
date last changed
2016-09-23 15:15:19
@inproceedings{4e9cc684-58ca-4e5f-87a3-d9435a7becd4,
  abstract     = {Complexity in property development projects involves and affects stakeholders with different attributes, interests, needs and concerns. Thus, each stakeholder may influence a project negatively or positively. The literature suggests that the concepts of stakeholder, participation, social sustainability and sustainable development are intertwined and together can contribute to social change. To enhance transparency and involvement of a wide range of stakeholders, there is a need for a systematic process of stakeholder collaboration in urban property development projects. This paper describes two internal project meetings of a case study of a property development project with the aim to achieve sustainable development. Collaboration, participation and new forms of organizing are needed to achieve sustainable property development. Stakeholder participation can contribute to this by providing forums for a dialogue and interactions in projects. Furthermore, institutionalization, organisational change and commitment in project organisations are needed to safeguard good participation practice. These could be facilitated through action research-based, collaborative interventions where theory and practice contribute to desired organisational change.},
  author       = {Martinez, Carlos and Olander, Stefan},
  booktitle    = {Procedia Economics and Finance},
  editor       = {Kähkönen, Kalle},
  issn         = {2212-5671},
  keyword      = {sustainable development,stakeholders,social sustainability,property development,Participation},
  language     = {eng},
  pages        = {57--63},
  publisher    = {Elsevier},
  title        = {Stakeholder Participation for Sustainable Property Development},
  url          = {http://dx.doi.org/10.1016/S2212-5671(15)00150-1},
  volume       = {21},
  year         = {2015},
}