Boardroom Quote by Hendrith Vanlon Smith Jr
““Good strategy requires board members to think beyond the boardroom and recognize and reward employees who demonstrate stewardship behaviors.””
About This Quote
Effective strategy requires board members to look beyond their own domain and reward stewardship behaviors.
In simple terms: Boards should value stewardship beyond the boardroom.
Key Takeaway
Recognize and reward stewardship.
Themes
leadership
stewardship
strategy
Mood
analytical
strategic
Type
business
leadership
When to use this quote
- corporate governance
- employee recognition
- policy making
Key Concepts
organizational behavior
incentives
Questions to Reflect On
- How can stewardship be quantified?
- What incentives best promote responsible behavior?
A Different Perspective
Reward systems may be hard to measure.
