Stewardship, 2nd Edition

Building Widespread Financial Stewardship

To have the way we approach money reflect our commitment to stewardship, here is our agenda.

Full Disclosure and Economic Literacy

For all the reasons discussed earlier in the context of renegotiating the contract toward stewardship, full information also holds here. The people we wish to be accountable for outcomes need to understand the economic realities of the organization, and they also need to understand how you go about getting money and spending money. Being fully informed means we understand the economic consequences of the choices we make.

One concern about full disclosure is that there is information that we do not want competitors to know—some of our cost structure, our plans for getting in ...