SlideShare a Scribd company logo
Today Agenda: Developing a Strategic Vision, Mission,Objectives
and Policies.
• Vision defines where the organisation wants to be in the future. It reflects the
optimistic view of the organisation’s future. It should make all members of the
organisation feel proud, excited and part of something bigger than themselves.
• Mission defines where the organisation is going now, basically describing its
purpose, & its primary objectives.
Vision Statements and Mission Statements are the inspiring
words chosen by successful leaders to clearly, concisely
and convey the direction of the organization.
Submitted by :
Immani Chandra Shekar
(Reg. No: 19K61E0020)
• A Vision Statement describes the desired
future position of the company.
• The Vision statement communicates both
the purpose and values of the organization.
• A vision statement is a broad declaration
of overall intent to eventually achieve a
widely acknowledged state of existence - an
aspiration for the future.
Vision Statements : Mission Statements:
• A Mission Statement defines the
company's business, its objectives and its
approach to reach those objectives.
• A Mission statement is an organization's
vision translated into written form. It
makes concrete the leader's view of the
direction and purpose of the
organization.
Elements of Vision and Mission Statements are often combined to
provide a statement of the company's purposes, goals and values.
TCS Technology:
Vision: To be amongst the 5 most admired Information Technology Solution Providers
globally with leadership focus in delivery of products, solutions and services which are
globally competitive.
Mission: TCS Technology will provide products and services that not only meet but exceed
the expectation of our customers through planned and continuous improvement of
our Services, Products, Processes and People.
Coca-Cola Company:
Vision: Our vision is to craft the brands and choice of drinks that people love, to refresh them
in body & spirit. And done in ways that create a more sustainable business and better
shared future that makes a difference in people’s lives, communities and our planet.
Mission: “to refresh the world in mind, body, and spirit, to inspire moments of optimism and
happiness through our brands and actions, and to create value and make a difference.”
Toyota:
Vision:
Mission:
“Toyota aims to achieve long-term, stable growth in harmony with the environment,
the global economy, the local communities it serves, and its stakeholders”.
“Toyota seeks to create a more prosperous society through automotive
manufacturing”.
P&G:
Vision: “To be the best consumer products and services company in the world.”
Mission: “To provide branded products and services of superior quality and value that
improve the lives of the world’s consumers, now and for generations to come”.
Objectives: • The accomplishment of vision and mission statement of organization
requires the formulation of objectives.
• Objectives help an organisation to pursue its vision and mission
Goals & Objectives:
• Objectives are open-ended attributes that denote the future states or outcomes.
• Objectives are organizations performance targets – the results and outcomes it wants to
achieve. They function as yardstick for tracking an organizations performance and
progress.
• Goals are close-ended attributes which are precise and expressed in specific terms.
• Objectives may be qualitative while goals generally tend to be quantitative.
• For e.g. The goal of a company is “to increase sales”. Where as the objective of the
company is to “increase sales by 5% by June 30 through sales representatives.”
Policies:
• Policy is the guideline for decisions and actions on the part of subordinates. It is a general
statement of understanding made for achievement of objectives.
• Policies are statements or a commonly accepted understandings of decision making.
Power is delegated to the subordinates for implementation of policies.
• Policies may be general or specific, organizational or functional, written or implied.
They should be clear and consistent.
• Policies have to be integrated so, that strategy is implemented successfully and
effectively.
• For example, when the performance of two employees is similar, the promotion policy
may require the promotion of the senior employee and hence he would be eligible for
promotion.
---Thank You For Your Attention

More Related Content

What's hot

Strategic Choice
Strategic ChoiceStrategic Choice
Strategic Choice
Achla Tyagi
 
Strategic control
Strategic controlStrategic control
Strategic control
Vidhu Arora
 
Techniques of Strategic Evaluation & Strategic
Techniques of Strategic Evaluation & Strategic Techniques of Strategic Evaluation & Strategic
Techniques of Strategic Evaluation & Strategic Manik Kudyar
 
Strategic control
Strategic controlStrategic control
Strategic controlnitinsoni02
 
Organizational capability
Organizational capabilityOrganizational capability
Organizational capability
Yashika Parekh
 
Etop presentation
Etop presentationEtop presentation
Etop presentationAshok Dubey
 
Functional implementation
Functional implementationFunctional implementation
Functional implementation
Dr. Pinki Insan
 
Strategic managemnet process ppt
Strategic managemnet process pptStrategic managemnet process ppt
Strategic managemnet process ppt
MUHAMMAD HASRATH
 
Strategic evaluation and control
Strategic evaluation and controlStrategic evaluation and control
Strategic evaluation and control
central university of Himachal Pradesh
 
Sap
SapSap
10 strategic advantage profile
10 strategic advantage profile10 strategic advantage profile
10 strategic advantage profile
Taranpreet Kaur
 
Process of strategic choice & role and subjective factor .
Process of strategic choice & role and subjective factor .Process of strategic choice & role and subjective factor .
Process of strategic choice & role and subjective factor .
Rishabh srivastava`
 
Business Policy and Strategic Management
Business Policy and Strategic ManagementBusiness Policy and Strategic Management
Business Policy and Strategic ManagementPrashant Mehta
 
Strategic evaluation
Strategic evaluationStrategic evaluation
Strategic evaluationBandri Nikhil
 
Establishing the strategic control ppt (Stratergic Management)
Establishing the strategic control ppt (Stratergic Management)Establishing the strategic control ppt (Stratergic Management)
Establishing the strategic control ppt (Stratergic Management)
Babasab Patil
 
Behavioural implementation
Behavioural implementationBehavioural implementation
Behavioural implementation
Dr. Pinki Insan
 
Behavioural implimentations
Behavioural implimentationsBehavioural implimentations
Behavioural implimentations
NITISH SADOTRA
 
Environment analysis & Strategic management
Environment analysis & Strategic managementEnvironment analysis & Strategic management
Environment analysis & Strategic management
Manas Dhibar
 

What's hot (20)

Different levels of strategy
Different levels of strategyDifferent levels of strategy
Different levels of strategy
 
Strategic Choice
Strategic ChoiceStrategic Choice
Strategic Choice
 
Strategic control
Strategic controlStrategic control
Strategic control
 
Techniques of Strategic Evaluation & Strategic
Techniques of Strategic Evaluation & Strategic Techniques of Strategic Evaluation & Strategic
Techniques of Strategic Evaluation & Strategic
 
Strategic control
Strategic controlStrategic control
Strategic control
 
Organizational capability
Organizational capabilityOrganizational capability
Organizational capability
 
Etop presentation
Etop presentationEtop presentation
Etop presentation
 
Functional implementation
Functional implementationFunctional implementation
Functional implementation
 
Strategic managemnet process ppt
Strategic managemnet process pptStrategic managemnet process ppt
Strategic managemnet process ppt
 
Strategic evaluation and control
Strategic evaluation and controlStrategic evaluation and control
Strategic evaluation and control
 
Sap
SapSap
Sap
 
10 strategic advantage profile
10 strategic advantage profile10 strategic advantage profile
10 strategic advantage profile
 
Process of strategic choice & role and subjective factor .
Process of strategic choice & role and subjective factor .Process of strategic choice & role and subjective factor .
Process of strategic choice & role and subjective factor .
 
Business Policy and Strategic Management
Business Policy and Strategic ManagementBusiness Policy and Strategic Management
Business Policy and Strategic Management
 
Strategic evaluation
Strategic evaluationStrategic evaluation
Strategic evaluation
 
Establishing the strategic control ppt (Stratergic Management)
Establishing the strategic control ppt (Stratergic Management)Establishing the strategic control ppt (Stratergic Management)
Establishing the strategic control ppt (Stratergic Management)
 
Behavioural implementation
Behavioural implementationBehavioural implementation
Behavioural implementation
 
Strategic intent
Strategic intentStrategic intent
Strategic intent
 
Behavioural implimentations
Behavioural implimentationsBehavioural implimentations
Behavioural implimentations
 
Environment analysis & Strategic management
Environment analysis & Strategic managementEnvironment analysis & Strategic management
Environment analysis & Strategic management
 

Similar to Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBA

1.8. Qulaity statement.pdf
1.8. Qulaity statement.pdf1.8. Qulaity statement.pdf
1.8. Qulaity statement.pdf
Parrthipan B K
 
Unit ii company direction
Unit ii company directionUnit ii company direction
Unit ii company direction
khairekot
 
Strategic Intent in Organization
Strategic Intent in OrganizationStrategic Intent in Organization
Strategic Intent in Organization
Aijaz Aryan
 
Unit 3 vision,mission,objectives and.pptx
Unit 3 vision,mission,objectives and.pptxUnit 3 vision,mission,objectives and.pptx
Unit 3 vision,mission,objectives and.pptx
helooworld2
 
Strategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and missionStrategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and mission
Roshan Pant
 
Mmi vii b company analysis
Mmi  vii  b company analysisMmi  vii  b company analysis
Mmi vii b company analysis
Aakansha Singhal
 
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
Revisionstation
 
strategic management..a Blue Print
strategic management..a Blue Printstrategic management..a Blue Print
strategic management..a Blue Print
NARENDRA KUMAR
 
Chapter 4 Strategy Formulation.pptx
Chapter 4 Strategy Formulation.pptxChapter 4 Strategy Formulation.pptx
Chapter 4 Strategy Formulation.pptx
MusyokiMusyoka1
 
Mission and Objectives
Mission and ObjectivesMission and Objectives
Mission and Objectives
Alok Jejusaria
 
Characteristics of a vision statement:Training
Characteristics of a vision statement:Training Characteristics of a vision statement:Training
Characteristics of a vision statement:Training
Sawyer Education & Training
 
Strategic+management+5
Strategic+management+5Strategic+management+5
Strategic+management+5Sampath
 
Business Vision And Mission
Business Vision And MissionBusiness Vision And Mission
Business Vision And Mission
Waseem Balti
 
1.3. Strategic Intent
1.3. Strategic Intent1.3. Strategic Intent
1.3. Strategic Intent
SheikIsmailC
 
sm unit ii.pptx (1) (1).ppt
sm unit ii.pptx (1) (1).pptsm unit ii.pptx (1) (1).ppt
sm unit ii.pptx (1) (1).ppt
ProfRAnitaManagement
 
New product development
New product developmentNew product development
New product developmentTushar Shelke
 
Mission & vision (business strategy policy)
Mission & vision (business strategy policy)Mission & vision (business strategy policy)
Mission & vision (business strategy policy)
Swarnima Tiwari
 
Strategic intent By simran grewal
Strategic intent  By simran grewalStrategic intent  By simran grewal
Strategic intent By simran grewal
SimranGrewal33
 

Similar to Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBA (20)

1.8. Qulaity statement.pdf
1.8. Qulaity statement.pdf1.8. Qulaity statement.pdf
1.8. Qulaity statement.pdf
 
Unit ii company direction
Unit ii company directionUnit ii company direction
Unit ii company direction
 
Strategic Intent in Organization
Strategic Intent in OrganizationStrategic Intent in Organization
Strategic Intent in Organization
 
Unit 3 vision,mission,objectives and.pptx
Unit 3 vision,mission,objectives and.pptxUnit 3 vision,mission,objectives and.pptx
Unit 3 vision,mission,objectives and.pptx
 
Strategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and missionStrategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and mission
 
Mmi vii b company analysis
Mmi  vii  b company analysisMmi  vii  b company analysis
Mmi vii b company analysis
 
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
Pearson Edexcel International A Level Business (331) 1 Corporate objectives P...
 
strategic management..a Blue Print
strategic management..a Blue Printstrategic management..a Blue Print
strategic management..a Blue Print
 
Chapter 4 Strategy Formulation.pptx
Chapter 4 Strategy Formulation.pptxChapter 4 Strategy Formulation.pptx
Chapter 4 Strategy Formulation.pptx
 
Mission and Objectives
Mission and ObjectivesMission and Objectives
Mission and Objectives
 
3. mission and purpose
3. mission and purpose3. mission and purpose
3. mission and purpose
 
Characteristics of a vision statement:Training
Characteristics of a vision statement:Training Characteristics of a vision statement:Training
Characteristics of a vision statement:Training
 
Strategic+management+5
Strategic+management+5Strategic+management+5
Strategic+management+5
 
Business Vision And Mission
Business Vision And MissionBusiness Vision And Mission
Business Vision And Mission
 
1.3. Strategic Intent
1.3. Strategic Intent1.3. Strategic Intent
1.3. Strategic Intent
 
sm unit ii.pptx (1) (1).ppt
sm unit ii.pptx (1) (1).pptsm unit ii.pptx (1) (1).ppt
sm unit ii.pptx (1) (1).ppt
 
New product development
New product developmentNew product development
New product development
 
Mission & vision (business strategy policy)
Mission & vision (business strategy policy)Mission & vision (business strategy policy)
Mission & vision (business strategy policy)
 
Strategic intent By simran grewal
Strategic intent  By simran grewalStrategic intent  By simran grewal
Strategic intent By simran grewal
 
Vision and mission
Vision and missionVision and mission
Vision and mission
 

More from Chandra Shekar Immani

MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
Chandra Shekar Immani
 
Case Study Analysis-Credit Cards- MBA-PPT
Case Study Analysis-Credit Cards- MBA-PPTCase Study Analysis-Credit Cards- MBA-PPT
Case Study Analysis-Credit Cards- MBA-PPT
Chandra Shekar Immani
 
Tax management (TM)- Deductions under section 80 of Income Tax act-MBA
Tax management (TM)- Deductions under section 80 of Income Tax act-MBATax management (TM)- Deductions under section 80 of Income Tax act-MBA
Tax management (TM)- Deductions under section 80 of Income Tax act-MBA
Chandra Shekar Immani
 
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
Chandra Shekar Immani
 
Financial Markets & Services (FMS)- Types of Factoring- MBA
Financial Markets & Services (FMS)- Types of Factoring- MBAFinancial Markets & Services (FMS)- Types of Factoring- MBA
Financial Markets & Services (FMS)- Types of Factoring- MBA
Chandra Shekar Immani
 
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
Chandra Shekar Immani
 
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
Chandra Shekar Immani
 
Banking and Insurance Management (BIM)- Functions of Insurers- MBA
Banking and Insurance Management (BIM)- Functions of Insurers- MBABanking and Insurance Management (BIM)- Functions of Insurers- MBA
Banking and Insurance Management (BIM)- Functions of Insurers- MBA
Chandra Shekar Immani
 
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
Chandra Shekar Immani
 
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBALegal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
Chandra Shekar Immani
 
Strategic Management- Strategic Audit- MBA
Strategic Management- Strategic Audit- MBAStrategic Management- Strategic Audit- MBA
Strategic Management- Strategic Audit- MBA
Chandra Shekar Immani
 
Environmental Scanning-SM-MBA
Environmental Scanning-SM-MBAEnvironmental Scanning-SM-MBA
Environmental Scanning-SM-MBA
Chandra Shekar Immani
 
Industry and Competitor Analysis-SM-MBA
Industry and Competitor Analysis-SM-MBAIndustry and Competitor Analysis-SM-MBA
Industry and Competitor Analysis-SM-MBA
Chandra Shekar Immani
 
Crafting a Strategy-SM-MBA
Crafting a Strategy-SM-MBACrafting a Strategy-SM-MBA
Crafting a Strategy-SM-MBA
Chandra Shekar Immani
 
Presentation on Strategic Management (SM)- MBA
Presentation on Strategic Management (SM)- MBAPresentation on Strategic Management (SM)- MBA
Presentation on Strategic Management (SM)- MBA
Chandra Shekar Immani
 
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
Chandra Shekar Immani
 
Case Analysis Presentation- Royal Electronics- MBA
Case Analysis Presentation- Royal  Electronics- MBACase Analysis Presentation- Royal  Electronics- MBA
Case Analysis Presentation- Royal Electronics- MBA
Chandra Shekar Immani
 
Research Methodology (RM)- Scaling Techniques- MBA
Research Methodology (RM)- Scaling Techniques- MBAResearch Methodology (RM)- Scaling Techniques- MBA
Research Methodology (RM)- Scaling Techniques- MBA
Chandra Shekar Immani
 
Production & Operations Management (POM)- Waste Management- MBA
Production & Operations Management (POM)- Waste Management- MBAProduction & Operations Management (POM)- Waste Management- MBA
Production & Operations Management (POM)- Waste Management- MBA
Chandra Shekar Immani
 
Organisational Behaviour- Self Determination Theory (SDT)- MBA
Organisational Behaviour- Self Determination Theory (SDT)- MBAOrganisational Behaviour- Self Determination Theory (SDT)- MBA
Organisational Behaviour- Self Determination Theory (SDT)- MBA
Chandra Shekar Immani
 

More from Chandra Shekar Immani (20)

MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
MBA Finance- A Study on Funds Flow Analysis With reference to GAIL(India) Lim...
 
Case Study Analysis-Credit Cards- MBA-PPT
Case Study Analysis-Credit Cards- MBA-PPTCase Study Analysis-Credit Cards- MBA-PPT
Case Study Analysis-Credit Cards- MBA-PPT
 
Tax management (TM)- Deductions under section 80 of Income Tax act-MBA
Tax management (TM)- Deductions under section 80 of Income Tax act-MBATax management (TM)- Deductions under section 80 of Income Tax act-MBA
Tax management (TM)- Deductions under section 80 of Income Tax act-MBA
 
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
Logistics & Supply Chain Management(LSCM)- Sourcing Decisions& Transportation...
 
Financial Markets & Services (FMS)- Types of Factoring- MBA
Financial Markets & Services (FMS)- Types of Factoring- MBAFinancial Markets & Services (FMS)- Types of Factoring- MBA
Financial Markets & Services (FMS)- Types of Factoring- MBA
 
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
Entrepreneurship Development(ED)- Financial Institutions Supporting Entrepren...
 
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
Security Analysis and Portfolio Management (SAPM)- Portfolio Evaluation under...
 
Banking and Insurance Management (BIM)- Functions of Insurers- MBA
Banking and Insurance Management (BIM)- Functions of Insurers- MBABanking and Insurance Management (BIM)- Functions of Insurers- MBA
Banking and Insurance Management (BIM)- Functions of Insurers- MBA
 
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
Business Ethics & Corporate Governance(BECG)- Corporate Governance in Develop...
 
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBALegal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
Legal Aspects of Business (LAB)- Discharge of Negotiable Instrument- MBA
 
Strategic Management- Strategic Audit- MBA
Strategic Management- Strategic Audit- MBAStrategic Management- Strategic Audit- MBA
Strategic Management- Strategic Audit- MBA
 
Environmental Scanning-SM-MBA
Environmental Scanning-SM-MBAEnvironmental Scanning-SM-MBA
Environmental Scanning-SM-MBA
 
Industry and Competitor Analysis-SM-MBA
Industry and Competitor Analysis-SM-MBAIndustry and Competitor Analysis-SM-MBA
Industry and Competitor Analysis-SM-MBA
 
Crafting a Strategy-SM-MBA
Crafting a Strategy-SM-MBACrafting a Strategy-SM-MBA
Crafting a Strategy-SM-MBA
 
Presentation on Strategic Management (SM)- MBA
Presentation on Strategic Management (SM)- MBAPresentation on Strategic Management (SM)- MBA
Presentation on Strategic Management (SM)- MBA
 
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
A Presentation on the Rural Electrification Corporation Limited (RECL)- Mini ...
 
Case Analysis Presentation- Royal Electronics- MBA
Case Analysis Presentation- Royal  Electronics- MBACase Analysis Presentation- Royal  Electronics- MBA
Case Analysis Presentation- Royal Electronics- MBA
 
Research Methodology (RM)- Scaling Techniques- MBA
Research Methodology (RM)- Scaling Techniques- MBAResearch Methodology (RM)- Scaling Techniques- MBA
Research Methodology (RM)- Scaling Techniques- MBA
 
Production & Operations Management (POM)- Waste Management- MBA
Production & Operations Management (POM)- Waste Management- MBAProduction & Operations Management (POM)- Waste Management- MBA
Production & Operations Management (POM)- Waste Management- MBA
 
Organisational Behaviour- Self Determination Theory (SDT)- MBA
Organisational Behaviour- Self Determination Theory (SDT)- MBAOrganisational Behaviour- Self Determination Theory (SDT)- MBA
Organisational Behaviour- Self Determination Theory (SDT)- MBA
 

Recently uploaded

Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
agatadrynko
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
taqyed
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
Sam H
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
balatucanapplelovely
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 

Recently uploaded (20)

Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdfikea_woodgreen_petscharity_dog-alogue_digital.pdf
ikea_woodgreen_petscharity_dog-alogue_digital.pdf
 
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
一比一原版加拿大渥太华大学毕业证(uottawa毕业证书)如何办理
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
Unveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdfUnveiling the Secrets How Does Generative AI Work.pdf
Unveiling the Secrets How Does Generative AI Work.pdf
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...The effects of customers service quality and online reviews on customer loyal...
The effects of customers service quality and online reviews on customer loyal...
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 

Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBA

  • 1. Today Agenda: Developing a Strategic Vision, Mission,Objectives and Policies. • Vision defines where the organisation wants to be in the future. It reflects the optimistic view of the organisation’s future. It should make all members of the organisation feel proud, excited and part of something bigger than themselves. • Mission defines where the organisation is going now, basically describing its purpose, & its primary objectives. Vision Statements and Mission Statements are the inspiring words chosen by successful leaders to clearly, concisely and convey the direction of the organization. Submitted by : Immani Chandra Shekar (Reg. No: 19K61E0020)
  • 2. • A Vision Statement describes the desired future position of the company. • The Vision statement communicates both the purpose and values of the organization. • A vision statement is a broad declaration of overall intent to eventually achieve a widely acknowledged state of existence - an aspiration for the future. Vision Statements : Mission Statements: • A Mission Statement defines the company's business, its objectives and its approach to reach those objectives. • A Mission statement is an organization's vision translated into written form. It makes concrete the leader's view of the direction and purpose of the organization. Elements of Vision and Mission Statements are often combined to provide a statement of the company's purposes, goals and values.
  • 3. TCS Technology: Vision: To be amongst the 5 most admired Information Technology Solution Providers globally with leadership focus in delivery of products, solutions and services which are globally competitive. Mission: TCS Technology will provide products and services that not only meet but exceed the expectation of our customers through planned and continuous improvement of our Services, Products, Processes and People. Coca-Cola Company: Vision: Our vision is to craft the brands and choice of drinks that people love, to refresh them in body & spirit. And done in ways that create a more sustainable business and better shared future that makes a difference in people’s lives, communities and our planet. Mission: “to refresh the world in mind, body, and spirit, to inspire moments of optimism and happiness through our brands and actions, and to create value and make a difference.”
  • 4. Toyota: Vision: Mission: “Toyota aims to achieve long-term, stable growth in harmony with the environment, the global economy, the local communities it serves, and its stakeholders”. “Toyota seeks to create a more prosperous society through automotive manufacturing”. P&G: Vision: “To be the best consumer products and services company in the world.” Mission: “To provide branded products and services of superior quality and value that improve the lives of the world’s consumers, now and for generations to come”.
  • 5. Objectives: • The accomplishment of vision and mission statement of organization requires the formulation of objectives. • Objectives help an organisation to pursue its vision and mission Goals & Objectives: • Objectives are open-ended attributes that denote the future states or outcomes. • Objectives are organizations performance targets – the results and outcomes it wants to achieve. They function as yardstick for tracking an organizations performance and progress. • Goals are close-ended attributes which are precise and expressed in specific terms. • Objectives may be qualitative while goals generally tend to be quantitative. • For e.g. The goal of a company is “to increase sales”. Where as the objective of the company is to “increase sales by 5% by June 30 through sales representatives.”
  • 6. Policies: • Policy is the guideline for decisions and actions on the part of subordinates. It is a general statement of understanding made for achievement of objectives. • Policies are statements or a commonly accepted understandings of decision making. Power is delegated to the subordinates for implementation of policies. • Policies may be general or specific, organizational or functional, written or implied. They should be clear and consistent. • Policies have to be integrated so, that strategy is implemented successfully and effectively. • For example, when the performance of two employees is similar, the promotion policy may require the promotion of the senior employee and hence he would be eligible for promotion.
  • 7. ---Thank You For Your Attention