Didier Cossin, Ong Boon Hwee's Inspiring Stewardship PDF

By Didier Cossin, Ong Boon Hwee

ISBN-10: 1119270804

ISBN-13: 9781119270805

Transform from chief to steward to force development and make an impact

Inspiring Stewardship is helping leaders force sustainable improvement and progress by way of balancing brief- and long term goals amidst competing pursuits. by way of studying quite a number unparalleled person and organisational stewards along insights from quantitative stories, this ebook unlocks the contributions you can also make to reinforce your impression and safe your legacy. Profiles of leaders from Ratan Tata to invoice Gates illustrate what stewardship relatively capability, and the attributes and features of steward leaders. Are they essentially varied? the place do they get their unparalleled force and resilience? Why do they shoulder such large accountability? dangers, rewards, motivations and activities are explored intensive to offer you a real-world view of stewardship, and to teach you the way to include those rules on your personal daily life.

The concept of stewardship hasn't ever been extra appropriate to enterprise than it's this day, as managers fight to stability current and destiny pursuits. This e-book presents readability, path and information for extra purpose-driven motion.

  • Understand the innovations and rules of stewardship
  • Discover features of steward leaders throughout cultures
  • Learn how stewards have shifted the process their organisations
  • Examine the functions that deepen organisational resilience

Today, possession of corporations is more and more fragmented, funding buildings are a growing number of advanced and the time horizons of traders, executives and vendors don't consistently coincide. Inspiring Stewardship is helping you holiday in the course of the stress and force sustainable progress via adaptability and strong management.

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The company grew to become the largest family-run chaebol (conglomerate) in South Korea. Its 50 subsidiaries included Hyundai Heavy Industries, Hyundai Motor, and Hyundai Electronics. Another subsidiary, Hyundai Civil Industries, won several major government contracts and was responsible for building much of Korea’s transport infrastructure in the 1960s and 1970s. In the 1980s, Chung was instrumental in reorienting the national economy from large government projects to consumerfocused segments.

During the post-war reconstruction, Chung made good use of his brother In-yung’s personal network. In-yung could speak English and was on friendly terms with a number of American military officers. Later, when growing Hyundai into a dominant conglomerate, Chung drew on the ideas of a close circle of associates, including his brother Chung Se-yung, founder of Hyundai Motors, and his sons: Chung Mong-koo, head of the Hyundai Kia Automotive Group, currently honorary vice-president of FIFA; Chung Mong-hun, at one point chairman of Hyundai Group; and Chung Mong-joon, the controlling shareholder of Hyundai Heavy Industries.

Whether this profit maximization should be short term or long term has been the subject of further discussion. However, the idea that the firm’s primary goal is to maximize its shareholder returns was a widely held one – and still is in many quarters. In the 1980s, stakeholder theory took the view that a firm’s impact on its other stakeholders – not just shareholders – is vital. Employees, customers, suppliers, financiers, governmental bodies, communities, trade unions, and industry bodies are all concerned with the firm’s operations.

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Inspiring Stewardship by Didier Cossin, Ong Boon Hwee

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