Christine Philosophy of Business

Question: Discuss about the Christine Philosophy of Business. Answer: Introduction The study is about implication of the ideas of business that are mentioned in a textbook that follows Christian philosophical and spiritual perspectives. The study will forecast real life situations in the business world that follows the ideas that are pointed out from the textbook regarding the Christian perspectives in business. The textbook selected for the study is Great Commission Companies: The Emerging Role of Business in Missions by Steven Rundle, Tom A. Steffen. Some holistic mission that are mentioned in the book are described in the study which will be used by organizations in the real life world regarding different business perspectives. Main Argument of the Author The authors in the textbook have some assumptions regarding the holistic mission of the business. The assumptions are described in the following. Assumption 1: Humans are created for doing good works. God has created human beings in order to perform good deeds. In terms of Jesus Christ, we the human beings are workmanship of him (Rundle and Steffen 2011). Assumption 2: Opportunities are created as a result of good works that helps in sharing good news. Authors have stated that due to good work, we the human beings create good opportunity for themselves that will lead to development. Assumption 3: The real physical needs are met by authentic missions. However, it never stops there (Rundle and Steffen 2011). In this context, authors try to state the fact that physical needs of man are basic needs that is responsible for keeping peace among the whole being i.e. soul, spirit and body. Assumption 4: In the family of God authentic missions usually aims in drawing people. However, it does not stop there (Rundle and Steffen 2011). In this perspective, the human beings are devoted to perform in authentic missions while involving them in activities that will draw people close to their mission. Apart from that, six steps are essential for starting a great commission company. The steps are as follows: Evaluating the business opportunity Evaluating the mission opportunity Assembling the management team Building an advisory network Developing business plan Developing great commission plan (Newman, Moncarz and Kay 2014) Application of the Idea into Business Evaluation of the Business Opportunity This aspect includes the size of the market. The market size includes the target customers, specific needs of the customers. The attractiveness of the industry includes the barriers of entry of the industry. In order to evaluate the attractiveness of the industry, PESTEL analysis, Porters five forces analysis, etc. The competitive advantage of the market in terms of the management talent, efficiency, brand recognition, technology and quality are to be found in order to make the business unique. The resource based VRIN model is to be used. Some factors are need to be considered such as investment in the business, source of investment, flexibility of the model, attractiveness of the investors (Hartman et al. 2014). Evaluating the mission Opportunity While forming a great commission company, the benefit of the people group or location will be benefitted. The company must be holistic in nature i.e. it would be responsible for spiritual and material benefits towards the society. It will also create a value in different less-evangelised part in the world. The company must contribute to the other Christian organizations of the world. It will determine the nature of the organization i.e. whether the organization belongs to not for profit or for profit organizations. The source of the resource of the business is also a point of concern (Grosser et al. 2014). Assembling a management Team The management team of the organization is consisted of balanced and qualified professionals organized in the form of a team. As a valid ministry, all the team members must see the activities of the business. There must be a spiritual maturity in the business operations. The spiritual disciplines must be present among the different persons involved in the business perspectives. The team members in the company must share persistence, passion, and capacity of learning from various risks and mistakes in the practical field. An ideal management team will be a national and expatriate believer of their own beliefs and values (Crane and Matten 2016). Building Advisory network Advisory networks are responsible for formulating strategy in the organization. The success of the organizational goals and organizational strategy is depended on the quality of people involved in the advisory network team of the company. The proper identification of the team is essential for seeking the advice seekers. The team include accountants, lawyers, local government officials, technology experts, mission agencies, leaders of the indigenous, trade departments, etc (Weiss 2014). Developing a Business Plan A business plan is the most vital aspect of a company that is responsible for the growth and sustainability of the business in the competitive business world. The senior management officials of the team formulate the business plan of a company. It includes financiers, investors, shareholders, stakeholders, chief executive officers, chief financial officers, chief operational officers, etc. A good business plan must include few characteristics such as opportunity for growth, context of the business, rewards and risks associated in the business, people associated in the business, etc (Baer 2015). Developing a Great Commission Plan However, it can be said that a good business plan is also known as a good commission plan. The business plan of an organization when has a perfect mission and vision that are accomplished with the business goals are considered to be a great commission plan. It can be said that most of the successful business of the world has a particular mission and vision that are incorporated in the business plan (Abend 2014). Conclusion It can be concluded that the Christian perspective of doing business can be implemented in real life business operations. The study reflects about the clear assumptions made by the author as per Christian belief as well as their implications in six different business perspectives. References Abend, G., 2014.The moral background: an inquiry into the history of business ethics. Princeton University Press. Baer, R., 2015. Ethics, values, virtues, and character strengths in mindfulness-based interventions: a psychological science perspective.Mindfulness,6(4), pp.956-969. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Grosser, K., Moon, J., Freeman, R.E. and Nelson, J., 2014. Special Issue on: Gender, Business Ethics, and Corporate Social Responsibility.Business Ethics Quarterly,24(02), pp.303-306. Hartman, L.P., DesJardins, J.R., MacDonald, C. and Hartman, L.P., 2014.Business ethics: Decision making for personal integrity and social responsibility. New York: McGraw-Hill. Newman, D., Moncarz, E.S. and Kay, C.L., 2014. Factors affecting lodging career success: an analysis of management philosophies.Journal of Quality Assurance in Hospitality Tourism,15(1), pp.1-18. Rundle, S., and Steffen, T. 2011. Great Commission companies: The emerging role of business in missions. (2nd ed.) Downers Grove, IL : InterVarsity Press. Weiss, J.W., 2014.Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers.