logo

Governance and Stewardship

   

Added on  2023-01-18

9 Pages2232 Words100 Views
 | 
 | 
 | 
Running head: GOVERNANCE AND STEWARDSHIP
GOVERNANCE AND STEWARDSHIP
Name of the Student:
Name of the University:
Author note:
Governance and Stewardship_1

1GOVERNANCE AND STEWARDSHIP
Introduction
Stewardship by Peter Block is identified as an umbrella concept which assures the
approaches of attaining major change in the way individuals operate their organizations.
According to Block (2018), stewardship is to efficiently preserve something in trust and
conviction for another. However, in past decades stewardship indicated the means to safeguard a
kingdom while the ones rightfully in accountability emphasized on governing for the sake of an
underage king. Glinkowska and Kaczmarek (2015) have noted that stewardship works as a
choice in order to control over the orderly sharing of power. Such a concept further implies that
individuals positioned at the lower hierarchy and edges of the organization preference over ways
to serve client or community. The following paper will evaluate the Stewardship model of Peter
Block and focus on its key elements. Furthermore, it will shed light on benefits and limitations
organizations will get if they apply this model.
Discussion
The underlying principle of Block’s Stewardship model is to reinforce the level of
commitment to service. Comprehensive studies of Block, Fisch, Lau, Obschonka and Presse
(2014) have highlighted the importance of balancing power among the employees engaged in the
organization. Calliou and Wesley-Esquimaux (2014) in their study have supported that good
stewards are eventually serve a role of bridge builders and relationship managers by aiming to
sustain their loyalty towards each employee, associate or collaborator who are likely to direct the
collective process. However, Glinkowska and Kaczmarek (2015) have noted that one of the
critical elements of stewardship model is that it disseminates and sustains a conviction that only
a centralized, chief–dominated, hierarchical structure can gain the proficiency to perform a task
Governance and Stewardship_2

2GOVERNANCE AND STEWARDSHIP
with utmost effectiveness and value. Moreover, Block’s model of stewardship emphasizes on the
way stewardship emphasizes on the increase the cooperative sense of prospect in a future that
while abating the ideas of individual risk connected to the development of the organization
through shared rights, social learning as well as collaborative performance. On the other hand,
stewardship model serving as a purpose to distribute power at an extensive level particularly at
the lowest levels of the organization further demands as to arrange workplaces relied on
relatedness as well as collaboration as an alternative approach to the bell-curve concept of
competitiveness which is implemented in order to assess patriarchy (Zehetner & Steinkellner,
2014).
Benefits of Block’s Stewardship Model
Studies have identified the role of managers in stewardship theory in capitalizing on the
organizations’ competence and ability to pursue continuing wealth attainment with
organizational as well as individual requirements best accomplished by assessing collective
ends. One of the major strengths of the model relies on the fact that it considers employees as
assets and specifically draws variances in the treatment of various employees of human nature’s
enthusiasm and ability of control. However, as per opinion of Margulies (2014) stewardship
model has argued on the issue regarding organizational structure supports and facilitates in the
management success of high corporate as well as organization performance.
On the other hand, while applying Block’s stewardship in Woolworths’ organizational
structure, the company manager will likely be motivated by the human need for intellectual
growth, achievement, and self-actualization, and by intrinsic rewards. In an agency theory, the
Governance and Stewardship_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Stewardship and Governance
|9
|2184
|248

Model of Stewardship by Peter Block (1993)
|6
|1974
|92

Management- Stewardship and Governance
|9
|2143
|486

Stewardship and Governance
|9
|2197
|56

Stewardship and Governance: A Model by Peter Block
|7
|1992
|86

Block’s Model of Stewardship
|8
|2068
|359