Keeper Trait #12 – Stewardship

waldorf astoriaOne stormy night many years ago, an elderly man and his wife entered the lobby of a small hotel in Philadelphia. Trying to get out of the rain, the couple approached the front desk hoping to get some shelter for the night.

“Could you possibly give us a room here?” the husband asked.

The clerk, a friendly man with a winning smile, looked at the couple and explained that there were three conventions in town.

“All of our rooms are taken,” the clerk said. “But I can’t send a nice couple like you out into the rain at one o’clock in the morning. Would you perhaps be willing to sleep in my room? It’s not exactly a suite, but it will be good enough to make you folks comfortable for the night,”

When the couple declined, the young man pressed on. “Don’t worry about me; I’ll make out just fine,” the clerk told them.

So the couple agreed. As he paid his bill the next morning, the elderly man said to the clerk, “You are the kind of manager who should be the boss of the best hotel in the United States. Maybe someday I’ll build one for you.”

The clerk looked at them and smiled. The three of them had a good laugh. As they drove away, the elderly couple agreed that the helpful clerk was indeed exceptional, as finding people who are both friendly and helpful isn’t easy. Two years passed.

The clerk had almost forgotten the incident when he received a letter from the old man. It recalled that stormy night and enclosed a round-trip ticket to New York, asking the young man to pay them a visit.

The old man met him in New York, and led him to the corner of Fifth Avenue and 34th Street. He then pointed to a great new building there, a palace of reddish stone, with turrets and watchtowers thrusting up to the sky.

“That,” said the older man, “is the hotel I have just built for you to manage.”

“You must be joking,” the young man said.

“I can assure you I am not,” said the older man, a sly smile playing around his mouth.

The older man’s name was William Waldorf Astor, and the magnificent structure was the original Waldorf-Astoria Hotel. The young clerk who became its first manager was George C. Boldt. This young clerk never foresaw the turn of events that would lead him to become the manager of one of the world’s most glamorous hotels.

No matter who signs the paycheck, you are always working for yourself. Always.

So very many employees just do not get it. They don’t get it at all. Their total investment in their life and career is nothing more than the effort the grudgingly expend every day and the days they work between paydays.

Rarer, and consequently more precious, are those associates and employees who handle their responsibilities and your company like it was their own. People are responsible for being responsible and those who demonstrate that are called stewards.

They carefully manage what belongs to another in a manner that exceeds expectations. They take a little and make it more, a problem and make a solution. They exercise care, concern, and careful management.

Stewards work for themselves while they work for you. Their actions and attitudes reflect the concern that comes from recognizing what they do is directly tied to what belongs to someone else. They acknowledge that personal advantage and prosperity is directly tied to the prosperity of the company that employs them.

Like farmers, they understand that short-term advantage should never be exchanged for long-term viability. Prosperity tomorrow depends a great deal on taking care of business today.

Stewardship is directly tied to Trait #8 – Prudence. Faithful stewards are worth their weight in gold. They are faithful executors of your future. Keep stewards around. They’re good for business.