2020 has so far been a roller-coaster ride. COVID-19 has impacted the world in a way that is never seen before, devastating the economy and changing life as we know it. Business “as usual” does not exist anymore. Never is stewardship more important to leaders as they (re)position their organisations for success beyond the crisis while navigating immediate, monumental, and rapidly evolving challenges.
At SAC, we are launching new initiatives under Project Stewardship in Action to help, inspire and mobilise the business community to take responsible, values-based action that will build resilient, purposeful business and uplift the community. Read our latest research, articles and curated business resource for key information and best practices to guide recovery and long-term planning. We also welcome new ideas, content and opportunities to connect and collaborate.
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Stewardship Perspectives
Stewardship in Crisis
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 crisis?
Stewardship in Action: Business Insights around the Region
A platform for intimate dialogues on issues and topics related to stewardship and governance.
Building Resilience: Bouncing Back from Crisis
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.
Investor Stewardship - Facing the COVID-19 Test
Investors occupy an important position and have a critical responsibility. How can investors execute their responsibility as a trustee of funds in these tumultuous times?
Family Businesses: Overcoming Covid-19 Crisis by Enhancing Psychological Ownership
How can family busineeses make psychological ownership more tangible and harness it as a lynchpin in this dire climate?
Businesses facing up to COVID-19: Synergising Stewardship, Governance and Sustainability
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?
“We are in this together”: The Mindset Guiding Yakun’s Jesher Loi through the COVID-19 Crisis
Jesher Loi, Ya Kun’s Director of Branding and Market Development, and next-generation leader, shares what guides Ya Kun’s response in these challenging times
From Vision to Commitment – Stewardship Transformation Insights from Banyan Tree
Claire Chiang, co-founder and senior vice president of Banyan Tree Holdings Limited, and Chairperson of Banyan Tree Global Foundation shares her stewardship journey and distill practical insights on how businesses can embark on stewardship transformation.
Stewardship in business: Navigating the storm
The global health and economic crisis caused by Covid-19 has dominated headlines and public mindshare. Company boards and leadership teams have had to prioritise the health and safety of employees, serving and protecting customers.
Useful guides and resource links
Business Recovery Insights
- McKinsey: Taking supplier collaboration to the next level
- Boston Consulting Group: Sensing and Shaping the Post-COVID Era
- McKinsey: COVID-19: Implications for business
- PwC: Seven key actions business can take to mitigate the effects of COVID-19
- KPMG: Embedding resilience - A guide to the business implications of COVID-19
- EY: Beyond COVID-19: Will you define the new normal or watch it unfold?
- Bain: Back to Work: Recovery from Covid-19 will require resilience as companies advance, retreat, adapt—and repeat as necessary.
- Boston Consulting Group: Win the Fight, Win the Future
- World Economic Forum: Integrated Corporate Governance: A Practical Guide to Stakeholder Capitalism for Boards of Directors
- Institute of Directors: The corporate governance of coronavirus - what boards should consider
- Chartered Management Institute: Corporate Governance During Covid-19: Five Things Better Boards Are Doing Now
- EY: Five financial reporting issues to consider as a consequence of COVID-19
- Harvard Business Review: A Crisis Handbook for Family Businesses
- SAC: Stewardship for Family Businesses: Enhancing Psychological Ownership for Resilience in the Time of COVID-19
- SAC: Stewardship Principles for Family Businesses
- Pensions and Investments: Investors, companies adapting to crisis stewardship
- Principles for Responsible Investment: COVID-19: harnessing the power of collective investor action for change
- International Corporate Governance Network: Coronavirus as a new systemic risk: Implications for corporate governance and investor stewardship
- Stewardship Asia Centre: Business facing up to COVID-19: Synergising Stewardship, Governance and Sustainability
- Think with Google: Why human metrics are just as important as business metrics