Stewardship theory
Stewardship theory is like being the grown-up who takes care of things. Just like your parents take care of you and your home, this theory says that leaders should take care of the workplace and the people who work there.
Imagine you and your friends are playing in a sandbox. You are in charge of the sandbox, and your friends trust you to take care of it. You make sure the sand is clean and smooth, you share toys and tools, and you don't let anyone get hurt. This is what a leader who follows stewardship theory should do.
Stewardship theory believes that leaders should focus not only on making money, but also on the long-term health and success of the organization. They should treat employees fairly, respect their opinions, and involve them in decision-making. Just like you share your toys with your friends in the sandbox, leaders should share power and responsibility with their employees.
Stewardship theory also emphasizes the importance of integrity and ethical behavior. That means being honest, doing the right thing, and following rules and regulations. It's like when your parents remind you to be careful not to hurt anyone, and to ask permission before doing something. Leaders who follow stewardship theory should make sure that their actions benefit everyone, not just themselves or the company.
So, just like you have a responsibility to take care of your sandbox and your friends, leaders who follow stewardship theory have a responsibility to take care of the workplace and the people who work there. By being fair, respectful, and ethical, they create a better environment for everyone and ensure the success of the organization in the long run.
Imagine you and your friends are playing in a sandbox. You are in charge of the sandbox, and your friends trust you to take care of it. You make sure the sand is clean and smooth, you share toys and tools, and you don't let anyone get hurt. This is what a leader who follows stewardship theory should do.
Stewardship theory believes that leaders should focus not only on making money, but also on the long-term health and success of the organization. They should treat employees fairly, respect their opinions, and involve them in decision-making. Just like you share your toys with your friends in the sandbox, leaders should share power and responsibility with their employees.
Stewardship theory also emphasizes the importance of integrity and ethical behavior. That means being honest, doing the right thing, and following rules and regulations. It's like when your parents remind you to be careful not to hurt anyone, and to ask permission before doing something. Leaders who follow stewardship theory should make sure that their actions benefit everyone, not just themselves or the company.
So, just like you have a responsibility to take care of your sandbox and your friends, leaders who follow stewardship theory have a responsibility to take care of the workplace and the people who work there. By being fair, respectful, and ethical, they create a better environment for everyone and ensure the success of the organization in the long run.