Compounding

Anyone who has ever taken an economics class or attended a Dave Ramsey seminar will tell you that compounding is an extremely powerful tool for multiplying the value of your efforts. Very simply, compounding is the cumulative effect of taking the outcome of your effort and reinvesting it back in as input. The result is the yield of your effort creates its own yield, which in turn creates its own yield… the cycle builds upon itself ad infinitum. Cool, right?

But like all strategic tools, the compounding phenomenon can work both to the benefit and detriment of your organization. A lesson that most companies (and people) learn the hard way.

A quick analogy.

Right now, there is infection in five of my toes. I’ll...

Business as Mission Methodology – Business Organization and Resource Coordination (part 2)

The following is another excerpt from the BAM Survey 2007 Report. The BAM Survey 2007 Report is an in-depth assessment of the state of the Business as Mission movement based on survey responses from 497 people in 38 countries. You can purchase an electronic copy of the BAM Survey 2007 Report for $14.99 here.

Business as Mission Methodology – BAM Business Organization and Resource Coordination (part 2)

Impact of Company/Business Attributes on...

Business as Mission Methodology – Business Organization and Resource Coordination (part 1)

The following is another excerpt from the BAM Survey 2007 Report. The BAM Survey 2007 Report is an in-depth assessment of the state of the Business as Mission movement based on survey responses from 497 people in 38 countries. You can purchase an electronic copy of the BAM Survey 2007 Report for $14.99 here.

Business as Mission Methodology – BAM Business Organization and Resource Coordination (part 1)

In order for Business as Mission objectives...