Categories: Strategy

Mission Statement

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p><strong>Self concept<&sol;strong> &&num;8211&semi; The firm distinctive competence or major competitive advantage&period;<&sol;p>&NewLine;<p><strong>Concern of public image<&sol;strong> &equals; Is the firm responsive to social&comma; community and environmental concerns&quest;<&sol;p>&NewLine;<p><strong>Concern of employees<&sol;strong> &&num;8211&semi; Are employees are valuable asset of the firm&quest;<&sol;p>&NewLine;<h3>Examples of mission Statement<&sol;h3>&NewLine;<p>Following are the mission statements of some top class Companies&period;<&sol;p>&NewLine;<p><strong>Wells Fargo Mission Statement<&sol;strong><&sol;p>&NewLine;<p>&&num;8220&semi;Our product&colon; SERVICE&period; Our value-added&colon; FINANCIAL ADVICE&period; Our competitive advantage&colon; OUR PEOPLE&&num;8221&semi;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p><strong>Ford Motors Mission Statement<&sol;strong><&sol;p>&NewLine;<p>&&num;8220&semi;To become the world&&num;8217&semi;s leading consumer company for automotive products and services&period;&&num;8221&semi;<&sol;p>&NewLine;<p><strong>Dell Mission Statement<&sol;strong><&sol;p>&NewLine;<p>&&num;8220&semi;To be the most successful computer company in the world at delivering the best  customer experience in markets we serve&period;&&num;8221&semi;<&sol;p>&NewLine;<p><strong>Wikipedia Mission Statement<&sol;strong><&sol;p>&NewLine;<p>The mission of the Wikipedia Foundation is to empower and engage people around the world to collect and develop educational content under a free license or in the public domain&comma; and to disseminate it effectively and globally&period; …the Foundation provides the essential infrastructure and an organizational framework for the support and development of multilingual wiki projects and other endeavors which serve this mission&period; The Foundation will make and keep useful information from its projects available on the Internet free of charge&comma; in perpetuity&period;”&lbrack;linkunit&rsqb;<&sol;p>&NewLine;<h3>Mission VS Vision<&sol;h3>&NewLine;<p>The Vision describes a future identity and the Mission describes why it will be achieved&period; A Mission statement defines the purpose or broader goal for being in existence or in the business&period; It serves as an ongoing guide without time frame&period; The mission can remain the same for decades if crafted well&period; Vision is more specific in terms of objective and future state&period; Vision is related to some form of achievement if successful&period;<&sol;p>&NewLine;<h3>An Evaluation Matrix for Mission Statement<&sol;h3>&NewLine;<p><img data-attachment-id&equals;"42" data-permalink&equals;"https&colon;&sol;&sol;mba-tutorials&period;com&sol;mission-statement&sol;mission-3&sol;" data-orig-file&equals;"https&colon;&sol;&sol;i0&period;wp&period;com&sol;mba-tutorials&period;com&sol;wp-content&sol;uploads&sol;2009&sol;08&sol;mission2&period;JPG&quest;fit&equals;579&percnt;2C281&amp&semi;ssl&equals;1" data-orig-size&equals;"579&comma;281" data-comments-opened&equals;"1" data-image-meta&equals;"&lbrace;&quot&semi;aperture&quot&semi;&colon;&quot&semi;0&quot&semi;&comma;&quot&semi;credit&quot&semi;&colon;&quot&semi;&quot&semi;&comma;&quot&semi;camera&quot&semi;&colon;&quot&semi;&quot&semi;&comma;&quot&semi;caption&quot&semi;&colon;&quot&semi;&quot&semi;&comma;&quot&semi;created&lowbar;timestamp&quot&semi;&colon;&quot&semi;0&quot&semi;&comma;&quot&semi;copyright&quot&semi;&colon;&quot&semi;&quot&semi;&comma;&quot&semi;focal&lowbar;length&quot&semi;&colon;&quot&semi;0&quot&semi;&comma;&quot&semi;iso&quot&semi;&colon;&quot&semi;0&quot&semi;&comma;&quot&semi;shutter&lowbar;speed&quot&semi;&colon;&quot&semi;0&quot&semi;&comma;&quot&semi;title&quot&semi;&colon;&quot&semi;&quot&semi;&rcub;" data-image-title&equals;"mission" data-image-description&equals;"" data-image-caption&equals;"" data-medium-file&equals;"https&colon;&sol;&sol;i0&period;wp&period;com&sol;mba-tutorials&period;com&sol;wp-content&sol;uploads&sol;2009&sol;08&sol;mission2&period;JPG&quest;fit&equals;300&percnt;2C145&amp&semi;ssl&equals;1" data-large-file&equals;"https&colon;&sol;&sol;i0&period;wp&period;com&sol;mba-tutorials&period;com&sol;wp-content&sol;uploads&sol;2009&sol;08&sol;mission2&period;JPG&quest;fit&equals;579&percnt;2C281&amp&semi;ssl&equals;1" class&equals;"alignnone size-full wp-image-42" title&equals;"mission" src&equals;"http&colon;&sol;&sol;mba-tutorials&period;com&sol;&sol;wp-content&sol;uploads&sol;2009&sol;08&sol;mission2&period;JPG" alt&equals;"mission" width&equals;"579" height&equals;"281" &sol;><a href&equals;"file&colon;&sol;&sol;&sol;C&colon;&sol;Documents&percnt;20and&percnt;20Settings&sol;Adam&sol;Application&percnt;20Data&sol;Windows&percnt;20Live&percnt;20Writer&sol;PostSupportingFiles&sol;7ed088e7-f407-425e-a3e1-3920716f8182&sol;mission&lbrack;3&rsqb;&period;jpg"><&sol;a>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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