Stewardship Asia partners with many organisations to produce content that explores the roles of companies and individuals in practicing stewardship. Here you will find all of the articles published externally and any news articles in which the Centre was featured.
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Media
March 30, 2021
Activating competitive advantage through stewardship for sustainable success
In a national business survey done by the Singapore Business Federation before the onset of COVID, bread-and-butter concerns were predictably top-of-mind when asked what they would like to see laid out in this year’s Budget.
September 25, 2020
Stewardship: The Core Compass Of Real Leaders
Why 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.
Forbes
September 14, 2020
Stewardship: An Inevitable Duty For Boards
In any organisation, board members play an important duty in exercising responsible leadership and steering the organisation in the correct direction. More so during times of crisis. The final part of SAC's Forbes Asia BrandVoice series elaborates on the role of the board in being good stewards and advancing the stewardship perspective.
Forbes
September 14, 2020
From Casino To Cultivator – Stewardship In The Investment Chain
Investors and shareholders, for the sake of the future, it is time to infuse stewardship into the investment value chain and look beyond just immediate short-term monetary gain. Part 3 of SAC's Forbes Asia BrandVoice series explains how.
Forbes
September 14, 2020
Navigating The Future With Corporate Stewardship, Sustainability And Governance
The future is here. It calls for a new approach in navigating these uncertain times. How should organisations take on this vastly new reality? Part 2 of SAC's Forbes Asia BrandVoice series gives advice on how investors, board members, executives, employees and community can come together to be better prepared for crises.
Forbes
September 14, 2020
Stewardship Matters
Is stewardship relevant amidst global uncertainties? Does it still matter? Part 1 of SAC's Forbes Asia BrandVoice series explores these pertinent questions and lists down how stewardship can provide an edge to organisations to stand firm, stay resilient and adapt to a ever-changing global business landscape.
Forbes
August 19, 2020
Green is the new gold: How ESG altruism is a reality
In a world that is facing monumental economic, planetary, and social challenges, stewardship will be increasingly demanded by the transparent markets of today and tomorrow. In an interview with MONEY FM 89.3, SAC's CEO Rajeev Peshawaria outlines the five ways leaders can begin to shape a stewardship #culture.
Money FM 89.3
August 18, 2020
Building Resilience: Bouncing Back from Crises
Resilience is not only pertinent to the COVID-19 situation, but may be instrumental in differentiating how businesses recover after surviving the crisis. How can businesses build resilience, and grow by turning setbacks into advantages?.In this article that first appeared in Entrepreneurs' Digest Issue 92, we explore the concept of resilience and bouncing back from crises amidst COVID-19.
Entrepreneurs' Digest
May 12, 2020
How SMEs can overcome the COVID-19 crisis
Across Asia, enduring and successful businesses display a clearly articulated purpose anchored on sound stewardship. Ethical Corporation examines the proposal from our new book ENTRUSTED, in which the authors make a case for how companies can thrive if they rediscover stewardship, balancing the needs of shareholders, community and environment.
Source: BizQ
BiZQ
December 10, 2019
What Asia’s family firms can teach western business about purpose
Across Asia, enduring and successful businesses display a clearly articulated purpose anchored on sound stewardship. Ethical Corporation examines the proposal from our new book ENTRUSTED, in which the authors make a case for how companies can thrive if they rediscover stewardship, balancing the needs of shareholders, community and environment.
Ethical Corporation
November 30, 2019
Leaders Need To Keep Business Focused On Human Purposes
The latest British Academy report proposes eight principles for business leaders and policymakers that set out how business might deliver on purpose – but they may not be enough. The stewardship approach, advocated in ENTRUSTED, will help address the complex systemic issues to bring about much-needed change in business approaches towards a more responsible system of wealth creation.
Forbes
Read: ENTRUSTED with co-author Ong Boon Hwee
CEO of Stewardship Asia Centre and co-author of ENTRUSTED: Stewardship for Responsible Wealth Creation, Ong Boon Hwee, talks about restraining greed, irresponsibility and short-termism that both businesses and investors can play a part in through his definition of "stewardship".
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Money FM 89.3
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https://omny.fm/shows/money-fm-893/read-entrusted-with-co-author-ong-boon-hwee#description
Stewardship & Sustainability: Sarawak TROPI International Workshop on Haze and Biomass Burning
Ong Boon Hwee, CEO of Stewardship Asia Centre, shared insights on the nexus of stewardship and sustainability at a recent international workshop on the issue of transboundary haze hosted by the Sarawak Tropical Peat Research Institute (TROPI) and jointly organised with the International Institute for Applied Systems Analysis (IIASA) and the Academy of Sciences Malaysia (ASM). The session underscored the importance of stewardship and the need for all stakeholders to work together to protect our environment and resources.
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Global Commons Alliance to help tackle threats to health of the planet
New international network aims to transform economic systems for the benefit of society and to sustain the natural systems of Earth.
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https://www.thegef.org/news/global-commons-alliance-help-tackle-threats-health-planet
Stewardship Asia Roundtable 2019 – In The News
Our flagship platform brought 200 regional influential thinkers and leaders together to explore how businesses must, and can, be a force of good for the benefit of the wider community, society and future generations. Against a global landscape marked by disruption, volatility, change as well as market failures and imperfections, the insights shared highlight the importance of the re-discovery of stewardship for a successful Business Future.
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detail
February 15, 2019
Overly confident leaders
Confidence is always an asset, but too much of a good thing can be limiting. Overestimation, overplacement, and overprecision are potential leadership weaknesses that could bring down a business – but a good stewardship mindset can help leaders avert these potential pitfalls. Read on to find out more.
Source: INQUIRER.net
January 22, 2019
Why should businesses care about stewardship?
One in two companies in Singapore engage in corporate giving, with most corporate givers integrating giving back into one of their core business functions - according to a survey by National Volunteer and Philanthropy Centre. But what good does stewardship bring businesses? Ong Boon Hwee, CEO of Stewardship Asia Centre, explains.
Source: Money FM 89.3
Money FM 89.3
January 18, 2019
A thriving family business takes work
What are the values that have been passed down and need to be passed down when running a family business? How different is it than running commercial public corporations? And does an ownership mentality hinder or aid the business? We find out from Jesher Loi, Director of Branding and Market Development of Yakun.
Source: Money FM 89.3
Money FM 89.3
January 02, 2019
Making family businesses work
Stewardship values are key to the enduring success of family businesses. Ong Boon Hwee, CEO of Stewardship Asia, shares insights on the seven Stewardship Principles for Family Businesses in Makati City, to help guide family-run companies navigate the challenges they face in building a resilient and responsible organisation that is successful for the long-term.
Source: INQUIRER.net
November 30, 2018
Cultivating a giving mentality, becoming stewards of community
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.
Source: Entrepreneurs' Digest
October 22, 2018
Why Stewardship is key to lasting family businesses in Asia
Filippino family businesses are a force of good in society. They have achieved significance, long-term endurance and success in their respective industries. Very often, researches find that these companies possess two common traits – good governance and good stewardship.
Source: Business World
October 10, 2018
[Mindanao Times] Stewardship Asia Centre publishes 'Stewardship Principles for Family Businesses'
Featured in the Mindanao Times: Stewardship Asia Centre (SAC) has published the ‘Stewardship Principles for Family Businesses’ – 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).
Source: Mindanao Times
June 06, 2018
Temasek CEO to businesses: Don't retrench obsolete workers, re-skill them
ompanies need to “step up” their role in upskilling and re-skilling workers for an uncertain future shaped by technology, Temasek CEO Ho Ching said at the Stewardship Asia conference in Singapore.
Source: Eco-Business
June 05, 2018
Temasek's retail private equity bond can help retirement income: CEO
"One of the things we decided to do is to try and make use of our skills and strengths to create new products for individuals to invest for their retirement," said Ms Ho, in response to a question from the audience following her speech at the Stewardship Asia Roundtable 2018.
Source: The New Paper
June 04, 2018
Investors can consider Temasek's first retail private equity bond to help supplement retirement income: Ho Ching
Speaking at a Stewardship Asia forum on Monday (June 4), Ms Ho said that one of the things Temasek recognised years ago is that people in Asia are living longer with better economic growth and one of the key challenges is planning and funding retirement.
Source: The Straits Times
May 31, 2018
7 traits of enduring family-based business
Two hundred C-Suite leaders from successful and enduring family-based businesses with headquarters in Asia Pacific (APAC) participated in a survey conducted by the Stewardship Asia Centre (SAC) on the topic of stewarding family businesses. Based on the responses, seven leadership and organisational traits were distilled through the research findings.
Source: Entrepreneurs Digest Issue 79 (May/June 2018)
Entrepreneurs' Digest
May 23, 2018
Stewardship Asia Centre releases study on the 7 traits of Enduring Family-Based Businesses
200 C-Suite leaders from successful and enduring family-based businesses with headquarters in Asia Pacific (APAC) participated in a survey on stewarding family businesses conducted by the Stewardship Asia Centre (SAC). Based on the responses, seven leadership and organisational traits were distilled through the survey findings.
Source: Forbes Thai
Forbes
November 30, 2017
Businesses taking a lead to make the world better
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. Published in Entrepreneurs' Digest, Issue 76 November/December 2017, Page 32.
Entrepreneurs' Digest
June 30, 2017
The Mindful Steward
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.
Millionaire Asia
June 07, 2017
Ayala Corp's Tip for Business Longevity
At the Stewardship Asia Roundtable 2017, Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala shared his experience with ensuring long-term business succession.
Source: The Business Times © Singapore Press Holdings Limited
June 06, 2017
More than 200 Leaders Gather at the Stewardship Asia Roundtable 2017
Mr Ong Boon Hwee, CEO of SAC, shares his thoughts on how good stewardship complements corporate governance.
Source: Singapore Business Review, Q1 2017
June 06, 2017
Banyan Tree's Focus on Sustainability
Ms Claire Chiang, Co-founder of Banyan Tree Hotels & Resorts, talks about Banyan Tree's stewardship journey over the years and the impact her company has made on the lives of its employees.
Source: CNBC's Squawk Box
CNBC's Squawk Box
June 06, 2017
Japan Inc. and Stewardship
Mr Masamoto Yashiro, Former Chairman of Shinsei Bank, describes his experience at the Stewardship Asia Roundtable and the growing understanding of stewardship in Asia.
Source: CNBC Asia's The Rundown
CNBC Asia's The Rundown
May 31, 2017
Bridging Generations: Insights into family business succession
In February 2017, Stewardship Asia Centre and the Business Families Institute of the Singapore Management University jointly hosted a Stewardship Conversation for family businesses. This article contains insights from the conversations at the event.
Entrepreneurs' Digest
April 30, 2017
Governance For All
The Singapore Stewardship Principles aim to strengthen corporate governance in a way that will benefit all stakeholders, explains ACCA Singapore's Joseph Alfred.
Source: Association of Charted Certified Accountants
March 30, 2017
Companies Need Good Stewardship in Addition to Good Corporate Governance
Interview with Mr. Ong Boon Hwee
Source: Singapore Business Review (Page 16)
March 30, 2017
Stewardship and the Accounting Profession
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. Published in ISCA Journal, March 2017 Issue.
Institute of Singapore Chartered Accountants
November 30, 2016
Corporate Stewardship - Ensuring Sustainability for the Future
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.
Entrepreneurs' Digest
November 30, 2016
Stewardship for Retail Shareholders
By upholding responsibility for their assets, shareholders hold the key to a greater good. Published in Millionaire Asia, Issue 42, Volume 12.
Millionaire Asia
November 03, 2016
Initiative Aims to Foster Good Investment Practices
The Singapore Stewardship Principles initiative, led by the Stewardship Asia Centre think-tank, outlines the guiding principles.
Source: The Straits Times
November 03, 2016
New Stewardship Principles Urge Responsible Use of Influence
SSP's Working Group speaks to reporter Kenneth Lim about the 7 key principles that aims to improve corporate governance in Singapore.
Source: The Business Times © Singapore Press Holdings Limited
The Business Times
October 30, 2016
Perspectives from the Top: Steward Leadership
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. Published in SMU's Catalyst Asia issue 04, Page 50.
Catalyst Asia
August 30, 2016
Stewardship Helps Investors Understand Firms' Prospects for Development
Source: Lianhe Zaobao © Singapore Press Holdings Limited. Reproduced with permission.
August 18, 2016
Fostering Innovation 'a bit of a dilemma' for Govts
Straits Times Online – At the Stewardship Asia Roundtable 2016, guest-of-honour Deputy Prime Minister Teo Chee Hean discusses stewardship and values with members of the audience. Reported by Lee Xin En from The Straits Times.
Source: The Straits Times
August 17, 2016
Ex-Shinsei Bank Chairman on Japan's Corporate Culture
Masamoto Yashiro, Guest Speaker for Stewardship Asia Roundtable 2016, talks about the positive changes in Japan's corporate structure and the need for corporate stewardship on CNBC's The Rundown with Martin Soong.
Source: CNBC Video
CNBC Video
May 31, 2016
Stewardship: The key to effective leadership
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. Published in Entrepreneurs' Digest, Issue 67 May/Jun 2016, Page 38.
Entrepreneurs' Digest
April 27, 2016
Board's role inextricable from good stewardship
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. First published Apr 27, 2016. Source: The Business Times © Singapore Press Holdings Limited.
The Business Times
March 30, 2016
Stewardship: Fostering the long-term success of a company
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.
Human Resources Director
March 21, 2016
Stewardship: An inclusive approach for the long term
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.
The Edge Singapore
May 22, 2015
Time to view corporate governance, stewardship as partners in responsible wealth creation
Common sense needs to be applied to both practices to bring about enduring business performance. First published in The Business Times on May 22, 2015. Source: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.
The Business Times
April 16, 2015
Corporate Stewardship – Making the leap from theory to practice
A starting point for practical improvement in the investor chain lies in the application of two very simple words - value and mandate. First published in The Business Times on Apr 16, 2015. Source: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.
The Business Times
March 17, 2015
Boards and owners need to be stewards
Collaboration between investors and delegation to directors are essential to create resilient and responsible companies. This article was first published in The Business Times on Mar 17, 2015. Credit: The Business Times © Singapore Press Holdings Limited. Reproduced with permission.
The Business Times