The Right Ingredients: 10 Essential Characteristics of a BAMer

Interview with Peter Shaukat – Part 2

With 15 years of experience recruiting for, mentoring, and investing in BAM companies all over the Arab world and Asia, Peter has a unique perspective into Human Resources for business as mission. Continuing our interview, we asked him to share what he sees as essential characteristics of a BAMer.

Tell us more about those character traits or criteria that you identify and look for in a potential BAMer.

This is where the rubber hits the road. We have developed an interesting questionnaire for potential BAM practitioners which get to some of these criteria. Here are ten of the top ranking criteria in our experience:

1. Well-rounded thinking
We look for a genuine, thoughtful understanding of work as ministry, with the experience and capacity to grapple with ethical issues, able to live with a certain degree of ambiguity – i.e. they are not black and white in their thinking.

2. Servant leaders
BAM practitioners, fundamentally, are called by God to a ministry of exercising servant-leadership in the marketplace – the arena which is, in our time, the most influential, agenda-setting nexus of human activity.  Understanding how to be an agent of redemption and transformation in such a context – and bringing some tangible experience to the table in doing so – is indispensable. Read more

In the Shoes of a BAM Practitioner Part 2: More HR Challenges

Last week we unpacked the Top 3 biggest HR issues in business as mission – as related to us by 25 BAM Practitioners. We asked them:

What have been the most important HR issues in your BAM business experience?

Here are the rest of the Top 10 most frequently mentioned Human Resource challenges and some of the comments that business owners shared with us.

4. Lack of required skills in employees

The need for significant training and staff development when hiring locally, especially when targeting job creation for a specific group.

We employ adults with low literacy skills and chronically poor, with very complex lives  – this presents nested and multiple challenges – in a sense though this is why the business exists. – David, Asia

My biggest HR challenge is the critical thinking and problem solving skills within my Kenyan employees. They grew up in the rote educational system that didn’t develop it and they lack that capacity. There are few Kenyans that do have these skills, but they are typically already successfully running businesses and I can’t compensate them, or give them ownership stake in a way that will motivate them to join my company. – Brian, Kenya

Another challenge is building soft skills such as communication, creative thinking, team spirit, etc., among the staff. – Joseph, India

 A significant challenge is poor technical training. Usually it’s their first job. – Hans, Angola Read more

In the Shoes of a BAM Practitioner Part 1: Unpacking the Top 3 HR Challenges

What have been the most important HR issues in your BAM business experience?

That is the question we put to 25 BAM Practitioners. These are the three most frequently mentioned Human Resource challenges and some of the comments that business owners shared with us.

1. Finding the complete package

The issue that kept coming up again and again was finding people with the right mix of business skills, character formation and mission-motivation. This was by far the most frequently mentioned challenge among the BAMers we asked.

The biggest issue is finding employees who are followers of Christ and have the skillset required for the job. I usually run into people who have one or the other of these two qualifications, but seldom have both. – Joseph, India

A challenge is finding management level people with the faith maturity and business skills. Another is locating skilled expats willing to live and work in a remote location to build local capacity. – David, Asia

Read more

10 Critical Human Resource Challenges in Business as Mission

We asked 25 BAM Practitioners one simple question:

What have been the most important HR issues in your BAM business experience?

Here are the Top 10 issues that they mentioned the most:

 

1. Finding the complete package
Recruiting and hiring people with the right mix of business skills, character formation and mission-motivation.

 

2. Cultural differences
Dealing with different cultural norms between expat staff or business owners and national staff, that significantly impacts the business Read more

5 Key Positions in Your Start Up and Some Things to Avoid

by Mike Baer

Adapted from material first published on the Third Path Blog, here and here, reposted with kind permission.

 

I’ve consulted with a lot of business startups – usually after they’ve stalled or run into trouble. The problem in almost every case I have seen is not funding. It’s people.

Not having the right people around you from Day One is Problem One.

This post will address some of the key things to think about when it comes to your team.

Team Composition

Exactly what you need in term of skills depends largely on the type of business you are starting and the particular impact strategy you’ve chosen. Nevertheless, here are some basic positions you need to have filled – even if you have the same person filling two boxes on the organisational chart or if you outsource. Read more

Stop Helping Us! Moving Beyond Charity to Job Creation

by Peter Greer

Excerpts from eBook ‘Stop Helping Us!’ reproduced with kind permission from the Institute for Faith, Work and Economics and Peter Greer. Buy eBook.

Stop Helping Us! introduces a new paradigm for an evangelical response to poverty alleviation. Being effective means recognizing that there is a difference between short-term aid, which is important and necessary, and the long-term elimination of poverty, which is the best defense against receding back into material poverty and the most effective method of elevating the dignity of all God’s children. We will see the stories of those who were transformed by effective, long-term aid that focused on the individuals rather than just numbers. Included are surveys of the poor and what they desire, showing that their goals have little to do with money and everything to do with using their skills, caring for their families, and embracing their God-given dignity.

The Story of Fadzai

Every time an employer discovered Fadzai Nhamo, a woman from Zimbabwe, was HIV positive, the door shut. “Life was difficult for me when I came to Harare,” Fadzai later remarked. When Fadzai speaks, she covers her mouth to hide her missing front teeth, a daily reminder of the brutal way she contracted HIV. “I left my hometown after someone had beaten and raped me,” she said. Following the assault, a friend took her to a clinic at the capital, Harare. There she discovered she was HIV positive. “When my husband found out I was sick [with HIV], he disappeared,” Fadzai commented later. “I did not have a place to live.” After her husband’s abandonment, Fadzai was left a single mom, a stranger in a new city. With no place to call home, she moved from place to place with her children.

It is possible to debate many points of theology, but our faith clearly calls us to care for Fadzai, an individual who has been exploited and abused. She is the widow and foreigner so frequently mentioned throughout Scripture. When we hear the story of Fadzai’s mistreatment and understand the message of grace in Scripture, we are compelled to respond. Read more

Business as Mission and the End of Poverty

Adapted and excerpted from the BAM Global Think Tank report on BAM at the Base of the Pyramid.

The Call to Poverty Alleviation Through Business

Business has a role in alleviating poverty. Christians in business have a unique opportunity, and responsibility, to address the suffering and injustice of the 2.5 billion people who live on less than US$2.50 per day. 

The call to bring poverty-alleviation back as a central focus and purpose of business as mission (BAM) is built on several foundational understandings:

1. We are all created in God’s image: equal, creative, and imaging God in our work

Every person on this Earth is created in God’s image, from those our world defines as the most humble to the greatest, we are equals. This foundational Christian understanding of who we are has profound implications for our understanding of work, of business, and unemployment. Timothy Keller in his new book, Every Good Endeavor: Connecting your Work to God’s Work, provides a fresh perspective on work, starting with Genesis and God’s work in Creation, to Christ’s humble role as a carpenter, and each of our own unique vocational callings in this world. On the definition of calling in his book, Keller states, “Our daily work can be a calling only if it is reconceived as God’s assignment to serve others.” (Keller, 2012 p66) Read more

How Business Fights Poverty: Stories from a Global Network

by Lauren Rahman

Business is uniquely positioned to respond to the needs of this world.  The Partners Worldwide global network works every day to leverage this truth for change. We recognize that business is a calling to do God’s work by creating flourishing economic environments in all parts of the world.

In places where poverty devastates communities and robs individuals of their ability to realize their full, God-given potential, we work to catalyze entrepreneurs and job-creators. Through business, these local leaders are fighting poverty and the various effects poverty has on communities and individuals—physical, emotional, spiritual, social, and environmental.

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The most obvious form of poverty we encounter is physical poverty—a lack of material things that contribute to our well-being—shelter, food, clothing, medicine. Business gives families access to these things, both through income from jobs and by providing the goods and services needed to flourish. Read more

Do Economic Incentives Matter? A Nosey Economist on BAM Financing

Interview with Dr. Steve Rundle

Steve, I know you have been doing some interesting research on BAM in the last few years, can you briefly describe what you have been looking at?

As an economist, I’ve always been interested in the relationship between the structure and governance of a company and its performance. Since the 1990s, when I first started meeting people who were combining business and missions, I naturally asked lots of nosey questions about the company’s financing, revenues, profits, and so on. I was especially intrigued by the role venture capital might play in funding businesses that were not only extremely risky, but were being managed by people who, in many cases, admitted that they weren’t too concerned about profits and that in fact they would be satisfied with just breaking even. I was not surprised to discover that no venture capital firms existed in this space, at that time. Most of these businesses were either donor funded, or in some cases funded with the help of one or two “Angel Investors.”

But this raised lots of new questions about the performance of these businesses. What are the expected outcomes, and how are practitioners incentivized to achieve those outcomes? Practitioners who are affiliated with a missionary sending organization may be discouraged from being too serious about business for fear that it will distract them from their ministry goals. One way to remove that distraction is to require the practitioner to raise donor support, in which case they will not be dependent on the business for income. This might sound logical at first, until you start meeting other BAM practitioners who are entirely dependent on their businesses for their salaries who are having an incredible impact. So I wanted to look at this more carefully by comparing the outcomes of people who drew 100% of their income from donors with those who are 100% business supported. Read more

Capitalizing Growth-Stage SMEs: Profile of a BAM Investment Company

Excerpt from the recently published BAM Global Think Tank report on Business as Mission Funding

Transformational SME – BAM Investor Profile

Transformational SME (TSME) was established in 2001, after two and a half years of market research and business plan development. Their goal is to capitalize growth-stage SMEs with patient, strategically integrated financial, intellectual and human resources to achieve economic, social, environmental and spiritual impact in the Arab world and Asia. 

TSME is a BAM company, composed of an investor-capitalized fund, which operates as a Bare Trust under UK law, and a professional fund management company registered in Canada. TSME provides primarily mezzanine loans to carefully screened, Christian-owned and managed SMEs which through genuine business as mission seek to achieve the so-called “quadruple bottom line”.

In addition to mezzanine finance, TSME provides mentoring and coaching to investee companies and a variety of technical advisory services, for example, pre-investment consulting to start-up companies, and a range of input to strategic mission partners such as mission agencies wishing to engage in BAM. They also engage in strategic talent search for key professional roles within BAM companies. Read more