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Social stewardship can help managers identify novel solutions amidst the COVID-19 crisis

Janardhanan, Niranjan S. ORCID: 0000-0002-0410-5884 (2021) Social stewardship can help managers identify novel solutions amidst the COVID-19 crisis. LSE Business Review (23 Jul 2021). Blog Entry.

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Abstract

While agency theory suggests that monetary rewards are a primary source of motivation for managers, stewardship theory suggests that in addition to monetary rewards, managers are motivated by higher order needs such as achievement, recognition from peers, and efforts towards enhancing the organisation as a collective. Niranjan Janardhanan writes that a stewardship-based culture encourages managers to understand the needs of stakeholders and enables them to identify novel solutions to thrive in turbulent times.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Author
Divisions: Management
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
Date Deposited: 16 Sep 2021 14:51
Last Modified: 01 Nov 2024 04:07
URI: http://eprints.lse.ac.uk/id/eprint/111636

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