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Posted: Oct 14, 2014
Sooner or later someone who studies management will encounter what is called the ‘agency problem.’ The ‘problem’ arises because the person running a business is not usually the owner. Over time the way a business operates becomes less in the interests of the owner and more in the interests of the manager and staff. The agency problem is not unique to business management. It happens in any context where someone acts on behalf of another. Every one of us can be guilty of the agency problem if we manage for our own ends the lives God has entrusted us to use for him. Jesus speaks in very strong terms about this.