It is a widely used Colombianism and means that it has luck or fortune. That everything goes well or that it is done as it is your wish. It also means that it is accepted by everyone and what it thinks or says is obeyed.
It is a locution where "the stick" would be a baton or a magic wand, and refers to someone who directs an execution, a task, or who has the solution to a problem, or even both cases for knowing how to do something and guide those who must do it.
Having a superior boss friend at a job to help you