Why does business matter

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Sign up for our newsletter today. Our Offices. Do you own or head up a business? Yes No. As business owners we all want to create a growing and thriving business. Let me explain. For example: Oxfam exists to create a just world without poverty. Multiple Sclerosis Foundation exists to create a world free of MS. They are a clear one sentence statement that describes what it is that is driving the business. This is because most businesses know what they do but very few know why they do it.

For strategies to stay on track, everyone attached to its execution should master these skills or risk allowing dysfunctional to rule. Now more than ever, millions of dollars are lost and businesses shutter when business acumen is not emphasized beyond the c-suite.

To encapsulate the various levels and the range of attributes and skills, the Business Acumen Institute created the Business Acumen Canvas.

To download a copy, go here. Communicating clearly with all levels of people in every functional department and earning their respect. Collaborating creatively across departments to recognize and solve problems. In regards to speed, he explains that the growth of new technology has made it possible to accelerate many aspects of business. This acceleration increases the expectations of business people until they become so overwhelmed that they start cutting corners to meet deadlines.

Under those greater expectations the art of spinning the truth has infiltrated the business world more frequently. The last reason comes from the common desire to accumulate material things, which may lead to an increase in unethical decisions.

While these three reasons do not speak to why business matters to God, they do act as guidelines of what to avoid when making decisions for a business. The second lecture helped me gain a better understanding as to what I should strive for in running a business.

The common depiction of Christians incorporating their faith in matters of business is the generous business person—giving back to charities through financial donations.

Van Duzer affirms donation as a key part of faithful business practices, but says that donations alone are not enough.