Stewardship Theory

This process of self-vision altercation is almost opposite of what is titled by Hoskisson, Hitt, Wan and Yiu as “stewardship theory.” They explain that stewardship theory “suggests that managers are ‘stewards’ of the firm’s assets and are not motivated by individual goals. The manager as steward believes there is greater utility in collective (organizational) behavior and, thus, seeks to attain the goals of the organization.”

Invisionaries are motivated by their personal goals or perspective while still being a steward of the firm’s assets. Having personalization within their work will only give them more ownership, creating worthwhile service as described by Ken Blanchard and Sheldon Bowel in their book, Gung Ho. Invisionaries work from large, broad visions. They think. They create a new, more specific vision and implement it together with the manager, but to do this requires freedom.

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~ by Dave Smith on November 13, 2008.

One Response to “Stewardship Theory”

  1. I don’t understand your first paragraph.

    I’ve read Gung Ho and benefitted from it. But I don’t see how you are creating contrast (or are you?)

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