Risk – Bible and Business

A Primer on Risk

The definition of risk varies from source to source. Steinberg (2011:75) defines risk as “uncertainty surrounding a potential event. It is the possibility that something will happen—that is, an event will occur—with a negative outcome.” Lupton (2013:3) describes risk as “deviation from the norm, misfortune, and frightening events. This concept assumes human responsibility and that ‘something can be done’ to prevent misfortune.” Stern and Fineberg (1996:214) define...

https://www.mrleaked.net camgirl in tub with skinned knees. www.omgbeeg.com

December 2, 2023Executive Insights, Governance, Risk, Compliance, Theology and BusinessAssuming Risk, Risk, risk management

Current Events

Should You Require Vaccinations as a Condition of Employment?

So many organizations have swiftly mandated COVID-19 vaccination as a condition of employment, I doubt any of us can recall a time when there was this much consensus coupled with velocity in action around any given topic. It is truly remarkable how fast this train is leaving the station, or should I say, shot out of the station. As a business owner, you might be asking yourself,...

September 1, 2021Current EventsCOVID-19, Employees, Employment, Risk, Vaccinations

Executive Insights

Cultivating a Risk Intelligent Culture

I was talking with a colleague recently about common threads in businesses that need to be turned around. One we briefly discussed pertained to risk and agency cost—the ability of a key employee, owner or partner to engage in activities that are personally beneficial but hurt the organization. Such benefits can range from what they buy with company dollars and time, to what they do, or avoid...

April 6, 2021Executive InsightsAgency Costs, Risk

Theology and Business

Assuming Risk as a Christian Business Owner

Risk can be defined as the exposure to chance of injury or loss. Everyone who runs a business assumes a certain amount of risk. In traditional economic thinking about this topic, most Americans would agree that those who assume the most risk in a business venture are also entitled to the most compensation should the venture turn out to be successful. I personally would agree with this...

September 2, 2020Theology and BusinessReward, Risk, risk management

Executive Insights

Scalability, Power, Control and Risk

Along with his wife, Mark is co-owner of a $1.8M retail establishment that they built from the ground up by investing their own monies and getting two SBA (Small Business Administration) loans. One is a "7A" loan designed to make initial investments into the business. Of the initial $320K, after 2.5 years, Mark still has $220K of that money sitting in a bank account. Mark has a...

July 4, 2017Executive InsightsControl, Micromanagement, Power, Risk, risk management

Leadership

Leadership Lessons Part XV: Building Your Team While Taking Greater Risks

David begins to build his team right after his disgraceful journey through Philistine territory and having to act insane in order to evade capture and death. Our text comes from 1 Samuel 22.1-5: David left Gath and escaped to the cave of Adullam. When his brothers and his father's household heard about it, they went down to him there. 2 All those who were in distress or in...

September 20, 2014LeadershipFollowing God, Hearing the Voice of God, Risk, Team Building

Leadership

Leadership Lessons Part XIII: Ignoring Your Intuition

After David has lied to Ahimelek and Saul kills him for not reporting where David was (see the balance of 1 Samuel 22), David was informed that Ahimelek had been killed and his response was recorded for us in the last part of 1 Samuel 22: "But one son of Ahimelek son of Ahitub, named Abiathar, escaped and fled to join David. 21 He told David that Saul...

September 6, 2014LeadershipAdvice, Intuition, Risk

Leadership

Leadership Lessons – Part VI: David Fights Goliath – Part III

Being Yourself in Your Calling The Companion Podcast on this Article can be found here. Reading from 1 Samuel 17.15-40: Now the Israelites had been saying, "Do you see how this man keeps coming out? He comes out to defy Israel. The king will give great wealth to the man who kills him. He will also give him his daughter in marriage and will exempt his family...

February 16, 2014LeadershipFaith, Faithfulness, Leadership, Risk

Leadership

Leadership Lessons Part V – David Fights Goliath – Part II

What David Can Teach Us About Assuming Risk in Business Find the Companion Podcast to this Article here. Consider the text of our story in this post from 1 Samuel 17. 12-24: Now David was the son of an Ephrathite named Jesse, who was from Bethlehem in Judah. Jesse had eight sons, and in Saul's time he was very old. 13 Jesse's three oldest sons had followed Saul...

February 5, 2014LeadershipAssuming Risk, Risk