We’re excited to share with you our brand new 3 minute explainer video for business as mission!
Business as Mission is the creation and growth of for-profit, sustainable companies that are intentional about Kingdom of God purposes. Business as mission (BAM) addresses the economic, social, environmental, and spiritual needs of unreached peoples and vulnerable communities.
Concept and script by BAM Global Communications Team, animation by Alana Schreiber. An initiative of BAM Global.
https://businessasmission.com/wp-content/uploads/2024/10/Video-Cover-1.jpeg8611600Staff Writerhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngStaff Writer2024-10-18 21:09:592024-11-06 05:47:19What is Business as Mission? A Brand New Explainer [Video]
BAM Global is celebrating its ten year anniversary in 2024, having been formally founded in 2014 on the foundation of earlier network-building efforts. To celebrate, we are posting a new 10 x Series this month; sharing some of our top 10 favourite BAM-related resources and inspirations.
10 favourite resources from global BAM network leaders
We asked some of our partner network leaders to share a BAM resource that has helped them on their BAM journey… and inspired them to create resources of their own.
1. Lausanne Occasional Paper on Business as Mission
Christian scholars claim that the number of Christians in China has increased from less than 1 million in 1949 to over 80 million in 2010. Hence, the Chinese church has a growing potential to participate in global missions. Having the Lausanne Occasional Paper on Business as Mission translated into Chinese has been so important and meaningful for the sending churches in Chinese communities to prepare for their missionaries. – TY, East Asia
Materials like the BAM A-Z help us better communicate what BAM is. In Brasil we’ve translated the BAM A-Z and shared it with the network of entrepreneurs, giving them biblical and practical knowledge on the subject. This helps entrepreneurs on their BAM journey, as many have no references on how to carry out this work and still struggle with the dichotomy. – SB, Brazil
https://businessasmission.com/wp-content/uploads/2024/09/mountain-walk.jpg6791200Staff Writerhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngStaff Writer2024-08-31 23:12:542025-05-02 16:44:5210 BAM Resources That Influenced Us
Editors Note: When we asked veteran BAM leaders to identify some of the pressing issues that are facing the business as mission movement in the next decade, among the issues they identified were several areas that could broadly be categorized as ‘resource gaps for BAM companies’, including:
2. Adequate human capital flow – both in terms of a) recruiting the right kind of people to begin and sustain a BAM company, and b) succession planning and the successful transition of a BAM company from one generation of owners to another.
We have been posting articles covering each of these issues during the month of June, this week concluding with providing adequate support for BAMers.
Building Adequate Skills and Support for BAM Practitioners
There are many challenges facing the BAM community and it’s encouraging to see so much effort going to understanding and addressing these. One of the thornier issues is how best to support BAM practitioners in their work. These can be nationals trying to build the Kingdom in their home countries or foreigners who have committed to business in a cross-cultural setting. Both need support, but what support to give and how to give it is a current and urgent discussion.
Leading a BAM business requires a large set of skills, some of which one hopes the BAM practitioner has at the outset, but many of which will have to be learned, hired, purchased, or borrowed from others. A beginning list of these skills could fall under the following headings:
General business: finance, marketing, sales, HR, strategy, operations, business law; the stuff of an MBA
Industry specific: how to make the product or deliver the service, the industry sales and pricing dynamics, and familiarity with the global market leaders
BAM general: the theology of BAM and an understanding of how to make a spiritual impact while operating a business, plus access to a BAM network
Country/Region specific: language, culture, worldview, local religion, local political, social or environmental issues, local business practices and law; plus the local spiritual dynamics, the status abd challenges of the local church, and an awareness of what God is doing in the region
Personal/Family: emotional intelligence, strong personal spiritual life, character, care for family members, marital strength, physical health and habits
https://businessasmission.com/wp-content/uploads/2019/06/mentoring-in-action-.jpg7141200Guest Authorhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngGuest Author2019-06-26 19:17:472024-11-06 06:34:45Thriving vs Surviving: Building Skills and Support for BAMers
Editors Note: When we asked veteran BAM leaders to identify some of the pressing issues that are facing the business as mission movement in the next decade, among the issues they identified were several areas that could broadly be categorized as ‘resource gaps for BAM companies’, including:
2. Adequate human capital flow – both in terms of a) recruiting the right kind of people to begin and sustain a BAM company, and b) succession planning and the successful transition of a BAM company from one generation of owners to another.
We will be posting articles covering each of these issues during the month of June, continuing with the challenge of human capital flow, part b: succession planning.
BAM Succession Planning & Exit Strategies
In the beginning God created a BAM Business but when is it time to pass it on?
I can guess why I was asked to write something on exit strategies by the editorial team!
Having founded a business in the UK in the 1980s, I later realised how it might be used by God with the help of a BAM conference I attended in 2003. Scaling the business was tricky, opening offices in Singapore and then into Southeast Asia. We had a bumpy ride in the 2010s and I completed my exit strategy through the sale of the company – specifically, a management buyout (MBO) – in 2014.
I am currently engaged in advising over 100 BAM businesses on their journey from pre start-up to lean start-up, and now some scaling-up. I am currently working with a BAM business in Asia that is planning the succession of owners, along with a collaboration of two BAM companies as part of a medium-term exit plan. Read more
https://businessasmission.com/wp-content/uploads/2019/06/hand-shake.jpg7201200Guest Authorhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngGuest Author2019-06-19 12:28:002023-05-25 21:16:21Passing it On: BAM Succession Planning and Exit Strategies
Editors Note: When we asked veteran BAM leaders to identify some of the pressing issues that are facing the business as mission movement in the next decade, among the issues they identified were several areas that could broadly be categorized as ‘resource gaps for BAM companies’, including:
2. Adequate human capital flow – both in terms of a) recruiting the right kind of people to begin and sustain a BAM company, and b) succession planning and the successful transition of a BAM company from one generation of owners to another.
We will be posting articles covering each of these issues during the month of June, continuing with the challenge of human capital flow.
Human Capital Flow for BAM Companies
To some ears, the term “human capital”, especially when applied to the BAM movement, might sound strange, secular, and mercenary – even exploitative.
According to the OECD, human capital is defined as: “the knowledge, skills, competencies and other attributes embodied in individuals or groups of individuals acquired during their life and used to produce goods, services or ideas in market circumstances”.
There is, therefore, nothing at all shameful in this use of the term. Indeed, if the BAM movement is predicated on the assumption that God’s pleasure is to create good things for the benefit of all, and that the marketplace is part of the divine design for how society is intended to function, then we should rejoice in being a part of that process and outcome. This doesn’t mean we are ciphers or cogs in some impersonal machine, for this would entirely negate the splendid truth that we are persons, made in the image of our Father in Heaven. Read more
https://businessasmission.com/wp-content/uploads/2019/06/team-circle.jpg6851200Guest Authorhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngGuest Author2019-06-12 17:31:412023-05-25 21:16:29People, People, People! Human Capital Flow for BAM Companies
When we asked veteran BAM leaders to identify some of the pressing issues that are facing the business as mission movement in the next decade, among the issues they identified were several areas that could broadly be categorized as ‘resource gaps for BAM companies’. These described a lack of the kinds of resources and inputs that BAM practitioners, and the enterprises they run, need to increase their chances of long-term viability and health. These resource gaps included:
2. Adequate human capital flow – both in terms of a) recruiting the right kind of people to begin and sustain a BAM company, and b) succession planning and the successful transition of a BAM company from one generation of owners to another.
We will be posting articles covering each of these issues during the month of June, beginning with the challenge of financial capital flow.
Financial Capital Flow – Where’s the block?
Two main issues were identified within the issue of financial capital flow:
1. A lack of investors ready to finance BAM companies
2. A lack of investable BAM businesses, or ‘deal flow’
What was agreed is that adequately financing BAM is an issue that must be addressed for the future, and to address it we are likely to need to work on both ends of this flow. Read more
https://businessasmission.com/wp-content/uploads/2019/06/bag-and-coins.jpg8241200Jo Plummerhttps://businessasmission.com/wp-content/uploads/2024/10/Business-as-Mission-Logo-Colored-1.pngJo Plummer2019-06-05 00:20:442023-05-25 21:16:36Investment in BAM: How to Get the Funds Flowing