Reasons to Be a Good Steward of Your Body. I don’t believe we can be our best at serving the Lord if we fail to give due attention to our physical well-being. stu'-erd ('ish `al bayith (Genesis 43:16,19; 44:1; 1 Kings 16:9), ha-meltsar (Daniel 1:11), ha-cokhen (Isaiah 22:15)): 1. Technology, for example, can facilitate major, immediate changes in a process, but only stewardship can ground those changes by ensuring that all parties truly understand why a change is necessary and how it will benefit them over the long term. The term “custodian” is the same as the word “steward” as it is used in the Bible. In some cases, technology has improved things dramatically. The concept of channel stewardship is meant to appeal to any organization in the distribution channel that wants to bring a disciplined approach to channel strategy. Big as he is, he has circumnavigated the world in (or rather on) a rather small open boat called "Zulu Dawn" but named "NCS Challenger" for the voyage. What is the wholesaler’s selling price to Circuit Store? Moreover, with an effective channel steward in place, all participants understand that you can seldom make dramatic improvements immediately. As a result, they gain the patience to implement changes having long-term benefits, as opposed to changes having only short-term results. A second, more subtle outcome is a more tightly woven, and yet adaptable, channel. What passes for channel strategy often rests with sales divisions, but their primary motivation is to sell and they neither craft channel strategies nor lobby decision makers for change. Within a company the stewardship function might reside with the CEO, a top manager, or a team of senior managers. How to use steward … Most firms end up using the other side—"Channel Management"—to respond to environmental changes. Of all the elements of a company's marketing strategy, distribution channels are perhaps the hardest to change. (Look for an HBS Working Knowledge interview with Rangan next month.). They were usually accessed by a second tier of dealers (industrial supply shops). And your income increases when God sees you’re going to be a good steward.” That’s interesting. Their own sales force resources are constrained. A Christian steward is defined by what character traits? You understand that and your banker understands that as well. Stewardship involves careful construction and management of channel relationships so that the valuable members are suitably rewarded and the less valuable members are weeded out. The focus is on quantitative targets; channel tactics for effecting sales transactions are taken for strategy. A steward is an official representative of the Institute who represents all Institute members in a designated area. Meet Fr. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Paul didn’t say that I will get a raise if I’m a good steward, though I’m sure that this could apply. When are power plays appropriate? That's why any member that has the opportunity should attempt to take charge. “Steward.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/steward. With that view in mind, the steward then advocates for change among all participants, transforming disparate entities into partners having a common purpose. “It’s a crazy phenomenon where the tide pushes water up a river, a channel, and creates a surfable wave,” explained Steward. Jan 5, 2021. But in most scenarios, distribution channels, taken as a whole, seem more like a repository of lost opportunities than an effective delivery system that appropriately serves and rewards all participants. A channel steward can be a manufacturer, an assembler, a service provider, an intermediary, or any other participant in the value chain to the customer. 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