SAC engages and explores core stewardship tenets and practices through research and collaboration with leading thinkers across Asia. We also release articles in partnership with the press and special briefs on ongoing projects.
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Long-term Ownership and Value Creation: A Discussion PaperThe corporate world has long revolved around shareholder primacy. This has contributed towards short‑term thinking in the bid to outperform the market and secure quick investment gains. How can long-term owners steward their organisations for long-term value creation? This paper hopes to inspire long-term owners to cultivate a stewardship mindset that is quintessential for the continued success of businesses and the holistic well-being of the society.
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Stewardship: The Core Compass of Enduring OrganisationsWhy do some leaders fail epically while others succeed spectacularly? SAC CEO Rajeev Peshawaria explains how steward leadership mindset is the needed core compass for leaders to succeed and be a force of good behind their organisations.
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Stewardship: The Core Compass Of Real LeadersWhy do some leaders fail epically while others succeed spectacularly? SAC CEO Rajeev Peshawaria explains how steward leadership mindset is the needed core compass for leaders to suceed and be a force of good behind their organisations.
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Tripartism in Singapore: A Stewardship JourneyDrawing insights from literature review and discussions with over a dozen leaders from the government, employer groups and trade unions who are active participants in tripartite engagement, this report illustrates the synergistic roles between the state, business employers and employees in fostering an enduring culture of corporate stewardship for equitable and sustainable growth.
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From Vision to Commitment – Stewardship Transformation Insights from Banyan TreeThe tourism industry has suffered tremendously due to COVID-19. In Part One of an exclusive interview with Claire Chiang, co-founder and senior vice president of Banyan Tree Hotels & Resorts, and Chairperson of Banyan Tree Global Foundation, Claire shares key learnings and practical insights on how businesses can and must transform to emerge stronger.
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“We are in this together”: The Stewardship Mindset Guiding Ya Kun through COVID-19The ongoing COVID-19 crisis has dealt the global economy a significant blow. We sat down – remotely – with Jesher Loi, Ya Kun’s Director of Branding and Market Development, and next generation leader, to understand what guides Ya Kun’s response in these challenging times.
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Understanding Corporate Stewardship, Governance and Sustainability: A Landscape StudyThis report seeks to develop a framework to understand the nexus between corporate stewardship, sustainability and governance. It is to establish and contribute to a body of knowledge surrounding the concept and practice of corporate stewardship, and to develop a clearer understanding of its nexus to the concepts and practice of corporate sustainability and governance.
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Stewardship in Crisis: Business Insights around the RegionWith businesses in various stages of recovery, Stewardship Asia and TELOS Partners co-hosted a webinar to explore the relevance of corporate stewardship in navigating this existential crisis, and how stewardship helps businesses reboot for resilience, renewal and take control for sustained and responsible growth. Read the insights from the webinar.
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Investor Stewardship - Facing the COVID-19 TestAmidst 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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Stewardship in CrisisCOVID-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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Business facing up to COVID-19: Synergising Stewardship, Governance and SustainabilityThe 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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Family Businesses: Overcoming COVID-19 Crisis by Enhancing Psychological OwnershipHow 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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ENTRUSTED: Stewardship for Responsible Wealth CreationENTRUSTED, the second book from Stewardship Asia Centre, will help business leaders understand the key stewardship concepts and elements, redefine what business success should look like, and gear up for the transformational shift required to build organisations that focus on long-term success of the company as well as future value creation for society and future generations.
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Stewarding Our Global Commons - An Urgent Call for Action (Stewardship Commons 2019 Insights)This report distils the sharing from the inaugural Stewardship Commons 2019 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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Stewardship Asia Roundtable 2019 InsightsOn 4 June 2019, 200 business leaders from 135 organisations came to discover the future of business with stewardship. With 45 percent new attendees this year, the topic of stewardship continues to gain traction among business leaders and organisations.
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Ethics, Accountability and Stewardship in Social Service OrganisationsPublished 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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Stewardship Principles for Family BusinessesFostering 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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Stewardship Asia Roundtable 2018 InsightsOn 4 June 2018, the Stewardship Asia Roundtable brought together 210 participants from 138 organisations across 20 countries to exchange perspectives on stewardship. Held in conjunction with the Temasek cluster of sustainability and stewardship events, the three-hour forum saw engaging exchanges amongst business leaders, policymakers, regulators, investors and academics. |
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The 7 Traits of Enduring Family BusinessesKey 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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Stewardship Asia Roundtable 2017 InsightsOn 6 June 2017, the third Stewardship Asia Roundtable brought together 202 participants from 154 organisations across 22 countries. Themed “Enduring Principles in Changing Times”, the Roundtable was held in conjunction with the Temasek cluster of sustainability and stewardship events for the first time. This report summarises the highlights of the conversation and the insights that were surfaced.
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Stewardship Asia Roundtable 2017 InsightsOn 6 June 2017, the third Stewardship Asia Roundtable brought together 202 participants from 154 organisations across 22 countries. Themed “Enduring Principles in Changing Times”, the Roundtable was held in conjunction with the Temasek cluster of sustainability and stewardship events for the first time. This report summarises the highlights of the conversation and the insights that were surfaced.
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Singapore Stewardship Principles for Responsible InvestorsThe Singapore Stewardship Principles (SSP) for Responsible Investors are intended to enhance a positive investment environment by encouraging companies to pursue the spirit of good governance and stewardship, with the ultimate objective of helping companies secure their performance over the long term. |
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Stewardship Asia Roundtable 2016 InsightsOn 17 August 2016, the Stewardship Asia Roundtable 2016 brought together 142 participants from diverse organisations across 18 countries. Business leaders, policy-makers, regulators, investors, asset-owners, board, management, and even some professors gathered to share and discuss their perspectives and experiences of stewardship in a unique, engaging forum format that encouraged all participants to contribute their observations crisply and freely. This report summarises the highlights of the discussion and the insights gleaned from Stewardship Asia Roundtable 2016.
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Inspiring StewardshipInspiring Stewardship, co-authored by Ong Boon Hwee, CEO of Stewardship Asia Centre, and Didier Cossin, Professor and Director of IMD Global Board Center, examines a range of exceptional individual and organisational examples of stewardship, as well as insights gleaned from two innovative quantitative studies. This book will help to unlock the contribution business leaders can make today to enhance their influence and to secure their legacy over time.
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Steward Leadership: Perspectives from VietnamIn 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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Stewardship: Fostering Responsible Long-term Wealth CreationHow can a business thrive and sustain growth while enhancing the wealth of its stakeholders and the wellbeing of the societies in which it operates? This, in essence, is the question stewardship aims to answer. 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
This concept paper seeks to define and engender a discussion on stewardship and its landscape.
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Four Perspectives of StewardshipDeveloped by Stewardship Asia Centre, this paper presents perspectives of stewardship that were raised by four stakeholder groups: boards, employees including management, investors, and regulators. |
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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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Summary of Literature: Effective StewardshipAcademic literature is crowded with various context-based interpretations and definitions of the Stewardship concept, with little consistency in usage. Copyright © 2015 IMD – International Institute for Management Development and Stewardship Asia Centre Pte. Ltd.
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Introducing StewardshipHow 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? Jointly Developed by SAC and IMD and principally authored by Didier Cossin (IMD and SAC) Sophie Coughlan (IMD) & Ong Boon Hwee (SAC), this paper puts together a definition of stewardship for businesses. |
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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? |