Posts

Staying on Track: Metrics and Accountability for BAM Companies

How are we doing? How do we know how we’re doing? These are two important questions for all businesses!

One of the most commonly mentioned fruitful practices for BAM practitioners is to have solid input from either mentors or an advisory board, or both. These are the people that will help keep a BAM company on track. Alongside people, systems for measuring and evaluating progress are needed. BAM companies will stay on track as they set goals and then hold themselves accountable to those goals, measuring and evaluating progress as they go.

Many Counsellors

No BAM practitioner is an island! BAM companies are part of a web of relationships, with clients, suppliers, employers and stakeholders of all kinds. Part of that web is the support network that the BAM practitioners have around them. BAMers need what I think of as 360° support – and that includes different people who will give them coaching, mentoring and wise counsel on various aspects of their BAM objectives. Read more

Ask a BAM Mentor: Tensions in Integrating Business and Mission

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I am feeling some tensions as I begin to integrate mission and business goals together in my business operations. What tensions have you felt and how have you overcome them? What practical tips or principles have you found helpful?

~ Tense in Tashkent

Dear Tense,

This is a great question and a common one. You are in good company!

First, let’s think through where the tensions may be coming from. For example, if your business partners or key managers are not believers or do not understand Kingdom Business that creates one set of tensions. Or, if you are burdened with the hangover of the “sacred-secular divide” that creates an entirely different set of tensions. Another source of tension is simply not being sure how to do solid business planning with a missions or kingdom purpose. Read more