Returning Mormon Stories Podcast guest, Roger Hendrix, is a former LDS Bishop, Mission President, and CES director, and was also called by Gorden B. Hinkley as a Trustee for the Deseret Trust Company for 18 years. And as if that weren’t enough, Roger also worked as a business Management Consultant for 35 years, and did a syndicated daily radio commentary on social, political, and economic trends for nine years.
Join Roger and myself today as we provide an analysis of the LDS church as a multi-billion-dollar corporation, and discuss “the future of Mormonism” – as Roger sees it.
Books by Roger Hendrix:
Bend, Create, and Plan Your Future, author Roger Hendrix
Choosing the Dream, The future of Religion in American Public Life. Co- authored with Fred Gedicks
Leverage Point, a novel written with Gerald Lund.
The Idea Economy, Why your ideas will have to create personal wealth and hope in an age of uncertainty. Co- authored with Rob Brazell.
00:04:26 – Overview of Roger’s work with the Desert Trust Company
00:12:55 – Discussion of the LDS church as a multi-billion dollar corporation
00:15:42 – Introduction to todays topics and Roger’s relevance in this conversation
00:18:20 – Brief discussion on Roger’s previous Mormon Stories interview & his testimony
00:30:57 – Roger’s background as a management consultant
00:35:45 – Overview of the “6 Trends” that will be talked about
00:46:43 – Trend #1: “The leadership will continue to spend considerable time over the next ten years creating a new religion (church)”
00:48:27 – The name change & other recent changes in the church
00:55:53 – Re-framing church history
01:01:19 – Improving the “product” of the LDS church
01:04:17 – More on the name change
01:09:14 – Assimilation vs. Retrenchment
01:11:39 – Trend #2: “Realizing that the general market for religion is decreasing, the leadership will merge where possible with like type Christian religions”
01:24:50 – Trend #3: “The lack of growth is driving the leadership to create greater efficiencies so that new markets can be found”
01:32:18 – BYU Pathways & Africa as the dominant “market” for the LDS church
01:41:28 – Wealth of the church despite declining members & cost-cutting measures
01:49:36 – Trend #4: “The leadership will continue to make the church a high demand religion. Tithing is core. Cost/benefit analysis vs tithing”
01:58:52 – James Huntsman lawsuit & humanitarian aid from the LDS church
02:15:07 – Ensign Peak & more
02:23:59 – Trend #5: “The leadership will invest great amounts to ensure there will be no more leaks”
02:37:00 – High-profile defections
02:43:49 – Trend #6: “The leadership will play hard to deepen its major strengths in Utah. Strengths are theocracy and money”
02:48:13 – Attendance & membership trends
02:52:47 – “Fortress” strategy
03:02:40 – Closing questions & remarks