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Steward-ownership is a corporate ownership structure that prioritizes the long-term independence [14] and purpose of a company. [15] While the legal implementation may vary, all steward-owned companies make a legally binding commitment to two core principles: [9] [16] self-governance and purpose-driven profit allocation.
Stewardship theory is a theory that managers, left on their own, will act as responsible stewards of the assets and resources they control. [ citation needed ] Stewardship theorists assume that given a choice between self-serving behavior and pro-organizational behavior, a steward will place higher value on cooperation than defection.
David Flusser, in a book titled Jesus and the Dead Sea Scrolls, has taken the phrase "sons of light" to mean the Essenes; their closed economic system is contrasted with that of other people who were less strict. [13] A Confessional Lutheran apologist commented: Jesus' parable of the unjust manager is one of the most striking in all the Gospels.
Stewardship in the sense of caring management or leadership may refer to: Stewardship; Stewardship (theology) Specifically, it may refer to: Data steward;
Peter Block is the recipient of the Organization Development Network's 2008 Lifetime Achievement Award. [11] In 2004 he received their first place Members' Choice Award in recognition of his book, Flawless Consulting: A Guide to Getting Your Expertise Used (1999) as the most influential book for Organizational Development practitioners over the past 40 years. [12]
In his 2012 book Seeing the Big Picture, Business Acumen to Build Your Credibility, Career, and Company, Kevin R. Cope states an individual who possesses business acumen views the business with an "executive mentality", with the ability to comprehend how the moving parts of a company work together to make to ensure success, and how financial metrics like profit margin, cash flow, and stock ...
For instance, the different God-given norms for family life and economic life should be recognized, such that a family does not properly function like a business. Similarly, neither faith-institutions (e.g. churches) nor an institution of civil justice (i.e. the state) should seek totalitarian control, or any regulation of human activity ...
The following terms are in everyday use in financial regions, such as commercial business and the management of large organisations such as corporations. Noun phrases [ edit ]