The Analysis Of The Stewardship Model

Running Head: REVIEW OF THE MODEL OF STEWARDSHIP
REVIEW OF THE MODEL OF STEWARDSHIP
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REVIEW OF THE MODEL OF STEWARDSHIP1
Introduction:
This research paper is focused on the analysis of the Stewardship Model stated by
Wilson. Stewardship had been one of the most focused researched topic in previous decades.
The stewards play a great role and they are responsible for the development of the
organization in terms of some theories related to the agencies and the stewardship theories are
mostly related to the alignment of the values of an organization and the management of the
values. Trust and motivation is the basic principle of the steward driven companies.
Therefore, the reduction of the supervision of the stewards are the best interests for an
organization as in the theories suggest. The brief explanation of the theory will be presented
with a critical aspect. The analysis of the potential benefits and the challenges that m ay occur
in the further times if the stewardship theories are applied to an organization. The key
elements of the stewardship model will be discussed in order to make the statement of the
research paper relate to the concept of Stewardship Model of Wilson.
Discussion:
The theories related to the Stewardship offer several perspectives on the motivation
and controlling of the business organization, in order to limit the agency theories related to
the stewardship. The main focus main focus on the theory is about the diversity between the
business agent and the owner of the organization. The stewardship theory offers the
possibilities of the actors and the goals set by the agents in order to go beyond the self -
interest and for the betterment and welfare of the organization (Morris, Wilson & Kelly,
2015). The stewardship theory refers to the stewards who don’t work individually but
collectively as a team in order to make the returns or the benefits make happen and the agents
related to the stewards needed to be instrumentally motivated in order to make the agency
theory happen between all of them. The theory well depicted the idea of maximising the

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effort of the stewards to involve them in the process of benefiting the organizational
behaviour. Therefore, the steward’s behaviour to the organization is not like self – serving
manner rather they act well for the organizational development and the betterment of the
stake holders.
The best interest of a company is often reduced to only maximising the performance
aiming at the financial growth only. Thus, the stewards possess some agendas related to the
rewards they ought to achieve through the meeting the objectives they are assigned to do. In
order to explain this theory, the main focus is based on maximising the benefit of the
shareholders capital, the stewardship theory has stated. The stewards fulfil the targets in order
to meet their personal expectations as in the common perspective (Cockburn et al. 2018). The
motivational aspect in the stewardship theory states that the employees will tend to work
towards meeting the organizational objectives if they are made aware of the fact that this will
also help in meeting their personal goals as well. The stewards also believe in the fact that
this organizational behaviour may lead them to have positive outcomes in the growth of
income as well as in the recognition.
Analysis of the Potential Benefits:
The stewardship theories presented many benefits in the financial and social
investments of the companies related to the stewarded services organizations in terms of their
stakeholders over the time (Morris, Wilson & Kelly, 2015). In a broad aspect, stewardship
enhances the connection between the services and enhancing of the quality and quantity of
the objectives as well. In order to depict the benefits of the stewardship, it means the impact
of different types of players formed a team in order to win a match. The theories related to
stewardship reveals that the service is an approach to provide help in a business organization
or venture to go for more holistic way in the aspects of having wealth and well - being of the