The Board as Steward

Boon Hwee Ong and Mark Goyder

Chapter 5 in Entrusted:Stewardship for Responsible Wealth Creation, 2019, pp 95-126 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The company is a living system. Employees are its life-blood. Management is the heart which keeps the blood pumping. Strategy is the brain. Measurement and communication are the central nervous system. Culture is the DNA. Leadership and continued entrepreneurial energy are its soul and spirit. Governance and accountability are its rhythms and disciplines. Like exercise, they are a means of keeping this living organism fit and lean. Unless we understand governance in this wide context, we will continually fail to manage risk, sustain performance and earn trust…

Keywords: Stewardship; Wealth Management; Business; Investment; Entrepreneurs; Wealth Creation; Management (search for similar items in EconPapers)
JEL-codes: L26 M10 (search for similar items in EconPapers)
Date: 2019
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