Guard your heart from the sin of mammon worship. Disdaining competition is an indicator of mammon worship. The opposite of mammon worship is the worship of God expressed in the principle of stewardship. Management must model and teach stewardship to all stakeholders. When this view takes hold in the organization, competition is valued because it challenges the organization to be more effective, efficient, and creative. Competition makes organizations better and serves the interests of the...
God and Money
Organizational leaders must guard against the temptation to seek to worship God and money, which is impossible. The primary goal of organizations should not be financial profit but alignment with the will and ways of God. Profit is a by-product of alignment with God. And given the intentional strategic nature of God, the profit that God grants an organization is what is needed for the organization to fulfill God’s purpose. Organizational success is therefore measured by the degree of...
Meekness of Wisdom
Wise people are recognized by the excellence of their attitudes and actions. They are divinely blessed people who build their lives based on a sound knowledge of God and, therefore, enjoy the favor of God in every area of life, including their work. Such people are the only ones who consistently enjoy divine favor and therefore consistently deliver excellent value. Consequently, organizational leaders should seek to build their organizations with wise people—people whose conduct displays...
Sin in Stakeholders
Management must recognize the bias to sin—the inclination to think and act contrary to God’s standards—in all people and, therefore, in all stakeholders: owners, managers, workers, associates, suppliers, subcontractors, customers, and regulators. One way to detect the level of sin in anyone is to listen to what he or she says. Wise managers are good listeners and understand that to deliver excellent value requires stakeholders who are internally motivated to obey God’s standards, that is,...
Gambling on Hypocrisy
Management must understand that people cannot compartmentalize their private lives from their work lives. The core values of workers will be manifested in every area of their lives. To deliver excellent value, organizational leaders must embrace biblical core values, such as sacrificial faithfulness. Correspondingly, organizations must have workers whose core values are defined by Scripture. This means that an organization must build with workers whose personal core values are truly...
Making Right Decisions
Organizational leaders who are committed to a Christian worldview must develop a well-defined scripturally based code of conduct and/or statement of core values to guide the expected deportment of stakeholders and provide the primary metric for all organizational decisions. Pragmatism should never be the primary metric, but it can be a secondary metric. The primary metric must always be alignment with virtues that emanate from a Christian worldview. To deliver excellent products and...
Corollaries of Economic Axioms
For fallen mankind, the default thinking about wealth is unbiblical. By nature, we value tangible (temporal) wealth over intangible (eternal, true) wealth. Learning to think biblically about wealth requires training. Organizational leaders must make sound biblical training about both tangible and intangible wealth a high priority. In addition to training, the actions and practices of organizations must reflect the truth that accumulating intangible (eternal, true) wealth is the true...
Self-Deception Impairs Business
For the workplace to function well, management must promote equitable dealings. All stakeholders must subscribe and be committed to this standard. Anyone associated with an organization and who is self-deceived will be unable to profoundly live up to this metric. When management discovers self-deceived stakeholders, prompt remediation must be offered. And if remediation fails, then timely replacement must be executed. Cultures that tolerate self-deceived stakeholders will be toxic and...
Principles of Economics
Leaders must recognize that they are stewards and that organizations exist to serve the will and ways of the Creator. Economics should therefore be rooted in biblical truth about the will and ways of the Creator. The best sources of revelation about the will and ways of the Creator are Scripture (special revelation) and creation (general revelation). Since God funds his will, long-term success requires alignment with God’s economic principles, which are best revealed in Scripture....
Hiring the Right People
Organizational leaders and managers must hire the right people (those in the process of transformation) and build cultures that support Christ-centered transformation. People limited to common grace have limited ability to reach their potential. Workers, however, who are being transformed by Christ are empowered to fulfill their potential. And in the process of fulfilling their potential, these people will facilitate organizational excellence by delivering world-class value to those the...