In our work with business owners, we’ve found the tendency to perceive work culture as how people feel about their work environment. To elicit positive feelings, businesses may offer perks like ping pong Fridays and “bring your dog to work.” While we like these ideas, they typically don’t have a meaningful effect on how employees […]
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Your company likely has a mission statement that answers why you do what you do. It may also have a vision statement that answers what. Strategy answers how. For business owners with a Kingdom perspective, we teach that God set the example as the greatest strategic planner. There are many examples of strategic planning in […]
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Organizations seeking to attract and retain exceptional employees understand that corporate culture is a critical component of job satisfaction. Christian business leaders often seek to create what we call Covenantal Culture, which frames workplace relationships; creates clarity around expectations, rights, and responsibilities; and establishes how business will be conducted. To learn more about creating Covenantal […]
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Kingdom-minded business owners recognize that God thinks generationally. That is, He has a purpose in mind for the business that extends beyond the current owner, as well as a purpose in mind for the owner that extends beyond the business. If a business owner can establish their identity distinct from the business they run, it […]
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Continuity planning prepares a business to survive unexpected changes. Intentionally preparing and equipping successors to lead and establishing proactive timelines can guard your company against disruption if an unexpected situation develops. To learn more about using a biblical worldview to develop a continuity plan, log in to read our Determining Purpose white paper.
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God gives each business owner unique skills, gifts, and abilities. When leaders steward a business with the Parable of the Talents in Matthew 25 as a guide, relationships flourish. A business generosity plan that cultivates these relationships can strengthen a company’s performance. To learn more about using a biblical worldview to develop a business generosity […]
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Kingdom-minded business owners often seek to understand why God inspired them to create their companies and how they can contribute to a better world. When there is alignment around a common goal, clarity comes through the alignment of a business’s mission, vision, and values. To learn more about using a biblical worldview to bring clarity […]
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Every company has a unique set of characteristics, what we refer to as “Kingdom positioning.” Kingdom positioning is the foundation for determining purpose. We have found that when business owners focus on purpose, passions, people, and placement, they gain insight into the company’s greater purpose. This clarity can help owners build a business that is […]
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Every business owner has goals and aspirations in mind for that business. Business owners with the goal of applying a biblical worldview to their companies can accomplish that goal by building purpose-driven organizations. Determining a company’s purpose is accomplished by developing the: • Right Mindset – recognizing that God created work and we can therefore […]
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Is your business designed to survive across generations? We teach that there are three key factors that contribute to a company’s legacy: 1) Recognize that God owns the business. 2) Develop the company’s mission, core values, and vision. 3) Structure the business as a covenantal organization. A purpose-driven business that incorporates these elements allows the […]
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In Luke 12:48, Jesus states that “From everyone who has been given much, much will be demanded.” Business owners in the United States have been “given much.” According to Payscale, the average salary of a small business owner in the U.S. was $70,000 in 2020, placing them in the 71st percentile of wage earners in […]
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In 1 Corinthians 3:10-15, Paul challenges followers of Christ to be sure that what they are building will make an eternal impact. There are eight principles that can be derived from God’s word that, when practically applied to a business’s operations, help ensure a business is operating as its Creator intended. They are legacy, stewardship, […]
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When thinking about what creates value in a company, we often consider financial value first. However, enhancing the total value of a business from a biblical worldview involves both financial and relational capital – the social and spiritual resources needed to positively impact people now and for eternity. Financial value can be measured through the […]
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Enhancing the total value of a business from a biblical worldview involves both financial and relational capital – the social and spiritual resources needed to positively impact people now and for eternity. Read more about enhancing your company’s value.
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The Family Business: A Broader View When you think of family, who do you picture? For many, “family” is comprised of the people who live in their home: the nuclear family. Many of us think of a family as a small, safe unit where we convey our values as we prepare our children and launch […]
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Our Business Consulting advisors answer a recent question one of them received, below: Question: I am considering selling my company, but I’m concerned about unanticipated surprises after the fact. What are some common pitfalls you have seen? Answer: In our experience, the best way to avoid pitfalls is to understand what to expect and prepare […]
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Using a Principles-Based Approach to Enhance Business Value A principles-based approach to creating business value uses a decision-making framework that combines a deep understanding of timeless biblical truths, sound knowledge of economics and investments, and an in-depth evaluation of risk dynamics. This framework is derived from Blue Trust’s Principles-Based Investing philosophy. How Can a Principles-Based […]
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Our Business Consulting advisors answer a recent question one of them received, below: Question: I am considering selling my business. How do I know I’m choosing the best strategic partner? Answer: Choosing an effective partner begins with knowing what you want to accomplish and why. Identifying these goals from the start will help you to […]
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If you have invested years in building a business, it is likely you want to maintain your company’s impact into the future. While there can be great personal gratification in building something of substance that has a lasting impact, we believe that preserving legacy is significant from a biblical perspective, too. We teach that legacy […]
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Our Business Consulting advisors answer a recent question one of them received, below: Question: I’m considering a possible sale of my business. How do I know if my company is ready for a sale? Answer: For leaders exploring an external transition, it is important to start with a clear vision. Identifying why you are selling […]
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Creating an Effective Workplace Culture Organizations seeking to attract and retain exceptional employees understand that corporate culture has become an increasingly critical component of job satisfaction. In fact, a recent article in Forbes called 2022 the “year of workplace culture.” 1 An organization’s culture defines behavioral expectations within the company and is shaped by the […]
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Our Business Consulting advisors answer a recent question one of them received, below: Question: The company I lead has a hard time following through. How can we improve in this area? Answer: This is a common occurrence in many organizations we’ve worked with. We have seen that when leaders adopt the following practices, plans are […]
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Applying wisdom to the decision-making process during an internal transition can reduce the risk of uncertainty and increase the chance of success. In addition, business owners can transfer their wisdom and knowledge to the next generation of leadership through continuity and succession planning. To effectively transition the company’s wisdom role, business owners can develop: A […]
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Most business owners want to preserve the legacy they have built when their companies transition into new hands. In our experience, a business owner can effectively transition the company’s legacy by: Providing clear communication Cultivating a covenantal culture Developing a business generosity plan Preparing a financial plan Read more about leaving a lasting impact with […]
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