Public-Private Stewardship

Achieving Value-for-Money in Public-Private Partnerships
2023
ISBN: 978-3-031-17133-8
Verlag: Springer Nature Switzerland

Buch, Englisch, 177 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 251 g

This book offers a defense acquisition perspective that provides action orientations and decision making to increase the value-for-money (VFM) of public-private partnerships (PPPs) through public-private stewardship (PPS). The differing motives of the public and the private sector are not conducive to partnership that leads to optimal outcomes. PPS is offered to practitioners and academics as a solution to failures of PPPs by following the public stewardship tenets of fiduciary responsibility and advancing the public interest while factoring in the additional elements of the private sector. The public values of transparency, accountability, responsibility, responsiveness, efficiency, effectiveness, equity, diversity, inclusion, fairness, and security, among others, can be shared in success between the public and private partners. By establishing shared values aligning with each stakeholder’s measures for success, it is possible to devise value propositions for stakeholder decision making that supports inter-organizational strategy, operations, tactics, goals, and objectives. PPS practices can further ensue as the public-private steward utilizes tools of expertise and organizational capacity. The book provides seven portraits of practitioners in the practice of PPS to assist PPP stakeholders achieve VFM. PPS is illustrated using examples in the Department of Navy (DON) and Department of Defense (DOD).

Zielgruppe

Research

Autoren/Hrsg.

Steinfeld, Joshua M.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Einkauf, Logistik, Supply-Chain-Management
• Sozialwissenschaften Politikwissenschaft Regierungspolitik
• Sozialwissenschaften Politikwissenschaft Politische Systeme Verwaltungswissenschaft, Öffentliche Verwaltung

Inhaltsverzeichnis

1. Introduction.- 2. Leadership as Stewardship.- 3. Political Actor for Political Settlement.- 4. The Catalyst of the Public Interest.- 5. Implementation Through Communication.- 6. Transparent Engagement Across Organization.- 7. Progress from Learning and Adaptation.- 8. Stewardship Theory Over Agency Theory.- 9. Conclusion.

Über Autor(innen)

Joshua M. Steinfeld is Assistant Professor of Public Service, Director of the Graduate Certificate in Public Procurement & Contract Management, and Director of the Graduate Certificate in Public Sector Leadership at Old Dominion University, Norfolk, VA, USA.