KNOWLEDGE CENTRE

Stewardship Asia Knowledge Centre provides explanations of core stewardship tenets and explore stewardship practices through research, through collaboration with leading thinkers across Asia. SAC also releases articles in partnership with the press and special briefs on ongoing projects.


July 2020

Business facing up to COVID-19: Synergising Stewardship, Governance and Sustainability

The COVID-19 crisis, while unprecedented, has simply amplified the weakest links in business activities during these volatile times. Now, as organisations shift gears and move towards recovery, at the heart of an ambiguous future lies the questions: to whom, or to what, are organisations responsible? And what should a company’s focus be when paving the way for sustainable growth beyond the crisis?  

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May 2020

Stewardship in Crisis

COVID-19 has dealt the world a severe double whammy – a pandemic and its consequential economic crisis. Economies and businesses alike, in varied ways and degrees, are encountering an existential crisis. In this context, beyond pondering about wealth creation at an inflexion point, it is pertinent to ask: how is stewardship relevant, and in what ways are stewardship actions important to business organisations and leaders under the circumstances?     

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May 2020

Investor Stewardship - Facing the COVID-19 Test

Amidst this tremendous disruption, investors as always occupy an important position in the business landscape, and have a critical responsibility in the evolving situation. How investors respond and work together along the entire value chain to safeguard the viability of our wealth creation system, will not only influence the ability of businesses to survive, but also to recover and thrive. As an investor, how do you execute your responsibility as a trustee of funds in these tumultuous times? 

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May 2020

Stewardship for Family Businesses: Enhancing Psychological Ownership for Resilience in the Time of COVID-19

How Family Business firms react to the COVID-19 crisis will determine their future growth and survival as well as the legacy they will leave. Now more than ever, Family Business owners need to cultivate resilience and re-evaluate their long-term strategies with a stewardship lens to survive and thrive.  A key strategy to achieve this is to cultivate a sense of psychological ownership. The key question is: How do we make an intangible yet vital attribute like psychological ownership more tangible and harness it as a lynchpin in this dire climate?

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November 2019

Stewardship Commons 2019 Report

Stewarding Our Global Commons -- an Urgent Call for Action

On June 6 2019, Stewardship Asia Centre and the Global Commons Alliance co-hosted the inaugural Stewardship Commons 2019 in Singapore as part of Temasek Ecosperity Week 2019, with the intent to mobilise private sector action to reverse negative trends in climate, biodiversity, oceans and other Earth ecosystems. This report distils the sharing from the session and adds additional insights to complement the conversation on how companies can act on their obligation to steward our global commons.

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April 2019

Ethics, Accountability and Stewardship in Social Service Organisations

Published in Doing good in Singapore. Part 1: Adapting to the Future, 2019, pages 107–132, also available here.

This book chapter discusses the significance of ethics, accountability, and stewardship, and their application to Singapore’s social service organisations (SSOrgs). It provides SSOrgs with a framework to operationalise ethics, accountability, and stewardship, aimed at improving service delivery in the social service sector.

Ee, G., Ong, B. H. & Toh, Y. (2019). Ethics, Accountability and Stewardship in Social Service Organisations. In I. Sim, A. Loh & C. K. Teo (Eds.), Doing good in Singapore. Part 1: Adapting to the Future (pp. 107–132). Singapore: National University of Singapore, Centre for Social Development Asia (CSDA).
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November 2018

Cultivating a Giving Mentality, becoming Stewards of Community

Published in Entrepreneurs' Digest, Issue 82 November/December 2018, Page 54-55

Stewardship Asia Centre (SAC) and the National Volunteer & Philanthropy Centre (NVPC) held a joint stewardship conversation on the topic of corporate giving in July 2018. The two-hour session brought together business leaders from different industries to discuss the roles of businesses in uplifting the community. Participants shared about their company's perspectives on stewardship, social impact, as well as their aspirations towards the corporate giving landscape within and beyond Singapore.

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September 2018

Stewardship Principles for Family Businesses

Fostering Success, Significance and Sustainability

The ‘Stewardship Principles for Family Businesses’ is a guide intended to help family businesses across (and beyond) Asia, to focus on stewardship.  These broad principles aim to articulate the mindset and attitudes, as well as the behaviours and practices that would foster the success, significance and sustainability for family businesses (FBs).

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February 2018

The 7 Traits of Enduring Family Businesses

Key Factors for Effective Steward Leadership in Business

A survey of 200 successful and enduring family businesses reveals the seven leadership and organisational traits that could serve as a model for stewardship. The insights help pave the way for future stewardship research and inform on the traits that have enabled businesses to achieve long-term wealth creation.

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November 2017

Businesses Taking a Lead to Make the World Better

Published in Entrepreneurs' Digest, Issue 76 November/December 2017, Page 32

This report summarises the highlights of the conversation and the insights that were surfaced during the third Stewardship Asia Rountable that was held on 6 June in Singapore.

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June 2017

The Mindful Steward

Published in Millionaire Asia, June 2017

Love, compassion, kindness, and equanimity: while these are principles often found in philosophy and religion, they are not common buzzwords in the world of business. However, according to Dr Harald Link, Chairman and CEO of Thai-based billion dollar conglomerate B. Grimm, these are some of the core tenants to corporate success.

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May 2017

Bridging Generations

Published in Entrepreneurs' Digest, Issue 73 May/June 2017, Page 46 - 47

Insights into family business succession.

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March 2017

Stewardship and the Accounting Profession

Published in ISCA Journal, March 2017 Issue

As Singapore’s national accountancy body, it is natural and important for ISCA to play a role in the SSP Steering Committee. Accounting is, after all, the lingua franca of business and accountants and auditors are charged with the responsibility of providing the trustworthy financial information that is used to make critical resource-allocation decisions.

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December 2016

Perspectives from the Top: Steward Leadership

Published in SMU's Catalyst Asia issue 04, Page 50

If a business is to be a force for good, then its leadership must pave the way for people in the organisation to do good. Steward leaders do this by building trust – they engage employees through a consistent and long-term approach, and encourage mutually beneficial interactions with other stakeholders.

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November 2016

Corporate Stewardship - Ensuring Sustainability for the Future

Published in Entrepreneurs' Digest, Issue 70 Nov/Dec 2016, Page 20

Stewardship is defined as taking care of that which has been entrusted over the long term, so that it can be passed on in better shape. To achieve this aim, individuals and organisations alike need to build on upon three key foundations: values, people, and leadership.

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October 2016

Steward Leadership: Perspectives from Vietnam

In partnership with the Business School of the National Economics University of Vietnam

The concept of stewardship has been present in many Asian cultures for a long time, but is difficult to discuss as no direct definition exists in most Asian languages. In Vietnamese business culture, the analogue for good stewardship is good leadership, and business leaders are considered extremely important in guiding an organisation’s direction.

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August 2016

Stewardship for Retail Shareholders

Published in Millionaireasia (Issue 42 | Volume 12 | 2016)

Mr Ong Boon Hwee, CEO of SAC, shares the importance of ownership responsibility and the need for positive engagement.

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May 2016

Stewardship: Key to Effective Leadership

Published in Entrepreneurs' Digest, Issue 67 May/Jun 2016, Page 38

How can a business thrive and sustain growth while enhancing the wealth of its stakeholders and the well-being of the societies in which it operates? Mr Ong Boon Hwee, CEO of SAC, gives his advice on how steward leaders can sustain long-term success in organisations.

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April 2016

Board's Role Inextricable from Good Stewardship

Published in Business Times

What is the role of a company’s board? Why does a company need to have a board? From a purely legalistic perspective, the answer seems obvious: Since 2012, Singapore’s Code of Corporate Governance has stated that the board of a publicly listed company should bear responsibility for the company’s long-term success.

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March 2016

Stewardship: Fostering the Long-Term Success of a Company

Published in Human Resources Director Magazine

The long-term success of a business rests upon the exercise of good stewardship by its stakeholders. This article was first published in HRD Singapore on March 30 2016. Reproduced with permission.

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March 2016

Stewardship: An inclusive approach for the long term

Published in The Edge Singapore

Good stewardship is fundementally inclusive concept, well within the grasp of any stakeholders who wish to practice it. This article was first published in The Edge on March 21 2016. Reproduced with permission. 

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2016

Four Perspectives of Stewardship

Developed by Stewardship Asia Centre

This paper presents perspectives of stewardship that were raised by four stakeholder groups.

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2016

尽责治理的四个观点

亚洲尽责治理研究院编制

本文介绍由其中四个群体(董事会、包括管理层在内的员工、投资者和监管机构)所提出的某些观点。

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 2015

Introducing Stewardship

Jointly Developed by Stewardship Asia Centre and IMD and principally authored by: Didier Cossin, IMD and Stewardship Asia Centre, Sophie Coughlan, IMD & Ong Boon Hwee, Stewardship Asia Centre

How can a business thrive and sustain growth while enhancing the wealth of its stakeholders and the well-being of the societies in which it operates?

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 2015

尽责治理

由亚洲尽责治理研究院和瑞士洛桑管理发展学院共同开发,主要撰稿人为: 迪迭 .考桑 (亚洲尽责治理研究院与瑞士洛桑管理发展学院) 丶 Sophie Coughlan (瑞士洛桑管理发展学院)和王文辉 (亚洲尽责治理研究院)

企业如何才能茁壮成长并保持发展势头,同时为利益相关者创造更多利益,并从长远上造福其运 营业务所在的社会?

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May 2015

Time to view corporate governance, stewardship as partners in responsible wealth creation

Published in Business Times

This article was first published in The Business Times on May 22 2015. Source: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.

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March 2015

Boards and owners need to be stewards

Published in Business Times

This article was first published in The Business Times on May 17 2015. Source: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.

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April 2015

Corporate Stewardship – making the leap from theory to practice

Published in Business Times

This article was first published in The Business Times on May 16 2015. Source: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.

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