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Inspiring Stewardship Hardcover – June 27, 2016
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From the Inside Flap
The notion of stewardship has never been more relevant to business than it is today. It used to be enough for a business to create value for its owners and shareholders. However, with globalization has come the expectation for truly successful companies to also create lasting benefits to their markets, society and environment. Inspiring Stewardship lets you follow in the footsteps of some of the most accomplished stewards of our time.
This one-of-a-kind resource from two recognized thought leaders on corporate governance profiles a diverse range of steward leaders - from Ratan Tata to Warren Buffett - and examines innovative, quantitative research to present a complete guide to understanding the benefits of stewardship and factoring it into your everyday decision-making. It's not easy to balance short-term objectives and long-term goals with the needs of executives, owners and investors, unless you have a go-to well of dependable, supported wisdom and inspiring, real-world stories of how other leaders did it with extraordinary results. See where they get their exceptional drive and resilience, why they shoulder such huge responsibility and then decide for yourself if they are fundamentally different from you. Use the self-assessment to highlight your own path to becoming an exceptional steward leader, which includes:
- A detailed examination of the key principles underpinning a well-stewarded organization
- The core values safeguarded, promoted and actively acted on by steward leaders
- The specific risks stewards open themselves up to and how to proactively manage those risks
Unlock your potential to enhance your influence and secure your legacy over time with Inspiring Stewardship.
From the Back Cover
DRIVE GROWTH AND EXPAND YOUR INFLUENCE BY TRANSFORMING FROM LEADER TO STEWARD
Inspiring Stewardship is a thought-provoking guide to making decisions toward positive social impact, maintaining growth and adaptability in order to expand a company's value in the long term.
Achieving the right balance between short- and long-term interests is perplexing for many leaders – until they become stewards. With clarity and reliable direction, this groundbreaking resource provides an accessible road map to the purpose-driven actions shared by exceptional individual and organizational stewards. A broad array of comprehensive and illuminating examples of stewardship best practices and pitfalls fully prepares you for the realities of putting strategies into practice. Make decisions that create a lasting legacy by:
- Embodying the concepts and principles of stewardship
- Developing the characteristics of steward leaders across cultures
- Taking action to shift the course of an organization through stewardship
- Assessing and strengthening an organization's ability to be resilient
Inspiring Stewardship gives senior managers, entrepreneurs and business leaders a unique approach for growing their businesses into valuable resources for improving the world.
- Item Weight : 1.1 pounds
- Hardcover : 216 pages
- ISBN-10 : 9781119270805
- ISBN-13 : 978-1119270805
- Product Dimensions : 6.3 x 0.8 x 9.3 inches
- Publisher : Wiley; 1st Edition (June 27, 2016)
- Language: : English
- ASIN : 1119270804
- Customer Reviews:
Top reviews from the United States
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Well done on the book!
Organizations are more likely to act as stewards when its individuals are intrinsically motivated by higher order needs rather than only external rewards. Building that kind of organizational culture requires leadership and especially strong vision and communication. Steward leaders make different decisions (more conservative financing; longer term investments in R&D, marketing and branding, etc.) Consequently, well stewarded organizations operate effectively over longer time horizons, enabled by culture built on values and trust and guided by boards of directors that think longer term.
In their conclusions and supported with numerous examples, Cossin and Ong make the case that stewardship delivers both social and economic benefits - long term financial performance and lower risk. For a 'stewardship skeptic', this book changed my perception significantly with positive implications for my business.
With 'Inspiring Stewardship' he is setting the mid-point between the shareholders and stakeholders theorists. He shows how well-stewarded organizations are adding great value to the shareholders, stakeholders and the well-being of society.