This document discusses vision, mission, and values statements. It provides examples of mission statements from various companies and evaluates their components. Vision statements aim to describe an organization's desired future state and goals, while mission statements explain its overall purpose and priorities. Values outline the core beliefs and principles that guide an organization. Having clear vision, mission and values statements can help provide strategic direction and unite stakeholders toward common objectives.
This document discusses various approaches to leadership including styles, theories, and important concepts. It defines leadership as influencing others towards common goals and outlines democratic, autocratic, and laissez-faire styles. Important leadership theories covered include trait theory, behavioral theory, contingency theory, the managerial grid, and situational leadership theory. Likert's four styles of leadership are also summarized, ranging from exploitive-authoritative to participative.
1. The document discusses theories of charismatic and transformational leadership. It defines charisma and outlines characteristics of charismatic leaders such as vision, risk-taking, and unconventional behavior.
2. Transformational leadership is defined as motivating followers to higher levels of morality through inspiration. Characteristics of transformational leaders include idealized influence, intellectual stimulation, and individualized consideration.
3. The theories of charismatic and transformational leadership are compared, noting differences in their focus, benefit sharing, and succession planning.
This document discusses the concept of ethical leadership. It begins by quoting Eric Hoffer saying that how we treat others reflects how we treat ourselves. It then provides statistics showing that doctors are the most trusted profession. It defines ethics as deciding what is right in a situation based on one's values. Ethical leadership is defined as knowing one's core values and having courage to live by them. It discusses the importance of consistency between one's values at work and personal life. It uses Enron as an example of a company that failed due to a lack of ethical leadership. Finally, it lists characteristics of an ethical culture such as integrating ethics into goals and performance reviews.
The document provides an overview of the strategic planning process, including defining mission and objectives, conducting an environmental scan through tools like PEST analysis and SWOT analysis, formulating strategy, implementing strategy, and evaluating performance. It discusses strategic planning at the corporate, business unit, and functional levels. Key frameworks covered include Porter's five forces, generic strategies of cost leadership, differentiation and focus, and the value chain.
The document outlines the steps involved in developing a strategic plan, including gathering information through tools like SWOT analysis, defining the vision, mission, values and strategy, setting goals and objectives, and ensuring stakeholders understand and support the strategic vision. It also discusses the importance of benchmarking, developing action plans for each department, and periodically reviewing and adjusting the strategic plan.
Effective strategic leadership involves developing a long-term strategic vision, exploiting core competencies, developing human capital, sustaining an effective culture, establishing balanced organizational controls, and emphasizing ethical practices. A strategic leader determines strategic direction by creating a vision of strategic intent and structures the organization effectively. They also develop human capital and exploit core competencies, which cannot be done without developing people. Additionally, strategic leaders sustain culture through constant learning and teamwork, and establish controls and ethical practices to guide the organization.
This document discusses various approaches to leadership including styles, theories, and important concepts. It defines leadership as influencing others towards common goals and outlines democratic, autocratic, and laissez-faire styles. Important leadership theories covered include trait theory, behavioral theory, contingency theory, the managerial grid, and situational leadership theory. Likert's four styles of leadership are also summarized, ranging from exploitive-authoritative to participative.
1. The document discusses theories of charismatic and transformational leadership. It defines charisma and outlines characteristics of charismatic leaders such as vision, risk-taking, and unconventional behavior.
2. Transformational leadership is defined as motivating followers to higher levels of morality through inspiration. Characteristics of transformational leaders include idealized influence, intellectual stimulation, and individualized consideration.
3. The theories of charismatic and transformational leadership are compared, noting differences in their focus, benefit sharing, and succession planning.
This document discusses the concept of ethical leadership. It begins by quoting Eric Hoffer saying that how we treat others reflects how we treat ourselves. It then provides statistics showing that doctors are the most trusted profession. It defines ethics as deciding what is right in a situation based on one's values. Ethical leadership is defined as knowing one's core values and having courage to live by them. It discusses the importance of consistency between one's values at work and personal life. It uses Enron as an example of a company that failed due to a lack of ethical leadership. Finally, it lists characteristics of an ethical culture such as integrating ethics into goals and performance reviews.
The document provides an overview of the strategic planning process, including defining mission and objectives, conducting an environmental scan through tools like PEST analysis and SWOT analysis, formulating strategy, implementing strategy, and evaluating performance. It discusses strategic planning at the corporate, business unit, and functional levels. Key frameworks covered include Porter's five forces, generic strategies of cost leadership, differentiation and focus, and the value chain.
The document outlines the steps involved in developing a strategic plan, including gathering information through tools like SWOT analysis, defining the vision, mission, values and strategy, setting goals and objectives, and ensuring stakeholders understand and support the strategic vision. It also discusses the importance of benchmarking, developing action plans for each department, and periodically reviewing and adjusting the strategic plan.
Effective strategic leadership involves developing a long-term strategic vision, exploiting core competencies, developing human capital, sustaining an effective culture, establishing balanced organizational controls, and emphasizing ethical practices. A strategic leader determines strategic direction by creating a vision of strategic intent and structures the organization effectively. They also develop human capital and exploit core competencies, which cannot be done without developing people. Additionally, strategic leaders sustain culture through constant learning and teamwork, and establish controls and ethical practices to guide the organization.
Situational leadership theory proposes that there is no single best leadership style and that effective leadership depends on the readiness level of the group or individual. The theory identifies four leadership styles (telling, selling, participating, and delegating) based on the amount of task behavior and relationship behavior exhibited. It also identifies four developmental levels of group maturity (M1-M4). The theory asserts that effective leadership involves matching one's style to the competence and commitment level (D1-D4) of the group for the task. The key to effective leadership is correctly assessing the situation and applying the appropriate leadership style.
This document discusses strategic planning and provides guidance on developing an effective strategic plan. It explains that a strategic plan should be outward looking, based on solid market research, and have buy-in from all staff. The strategic planning process involves analyzing the industry, identifying stakeholders and strategic partners, and developing goals and key performance indicators. Operational plans then translate the strategic plan into specific actions and tasks. Individual employee goals are also linked to the operational plans. Regular review and reporting is important to ensure the plans remain on track and aligned with the organization's vision and mission.
The document outlines key concepts in leadership theory, including:
- Early theories focused on identifying leadership traits or behaviors but had mixed results. Later behavioral theories identified two dimensions - task orientation and relationship orientation.
- Contingency theories propose that leadership effectiveness depends on matching leadership style to situational factors. Fiedler's model and situational leadership theory examine this.
- Contemporary views distinguish transactional from transformational leadership and discuss charismatic, visionary, and team leadership.
- Current issues include developing credibility, providing ethical leadership, empowering employees, and addressing cross-cultural differences in leadership.
The document discusses ethical leadership and provides five principles for becoming an ethical leader: respect others, serve others, show justice, be honest, and build community. It states that ethical leaders act from morals and values, making choices informed by their ethics. The principles emphasize empowering and crediting subordinates, treating people fairly, telling the truth, and influencing others to reach common goals. The document advises limiting incentives to motivate others and instead celebrating team members' morality. It suggests always considering the entire community when making decisions and developing trust through relationships.
There are several theories about how leadership develops: the trait theory suggests certain personality traits lead to leadership roles; the great events theory says crises can cause ordinary people to rise to leadership; and the transformational leadership theory is that people can learn leadership skills. Effective leaders listen to others, encourage participation, and avoid quick decisions. Studies of leadership have examined organizational structures and management approaches, moving from scientific to social science to postmodern theories. Principles of leadership focus on serving others, developing trustworthiness, and effective communication. The most effective paradigm views people as spiritual beings seeking meaning in their work.
This document outlines key concepts related to ethical leadership, including what ethical leadership means, its importance, ethical theories and perspectives, principles of ethical leadership, elements of character, ethical decision making, challenges, developing ethical leadership, ethical dilemmas, responsibilities and traits of an ethical leader, and tips for improving organizational ethics. The objectives are to explain these ethical leadership concepts and how to apply them. Real-life examples are provided, such as analyzing Abraham Lincoln's ethical leadership as President of the United States. Overall the document serves as an introductory guide to the principles and practice of ethical leadership.
Strategic change requires planning, establishing a vision, selecting goals and strategies, and creating action plans. The process results in a strategic plan document that is monitored and updated. Great change leaders like Jack Welch and Steve Jobs make difficult changes and lead their industries in new directions rather than follow competitors. Strategic change, when done through a proven process, can benefit companies.
Definition of Leadership:
Leadership refers to the relation between an individual and a group around some common interest and behaving in a manner directed or determined by him. Leadership may be defined in terms of totality of functions performed by executives as individuals and as a group.
or
Leader is a person who leads his team in an Organization or business for better results in doing their task or job given
“Strategic Thinking is a way of understanding the fundamental drivers of a Business and rigorously (and playfully) challenging conventional thinking about them.”
--> Focuses on finding and developing unique opportunities to create value for the organization
--> Takes into account: Products & offerings, Markets, Clients/Customers, Competitors, and Suppliers.
--> Input to strategic planning
--------------------------
The process of Strategic Thinking must ensure that business strategies are:
+ Aligned: fit with business’s Mission, Vision, Competitive Situation, and Operating Strategies
+ Goal-orientated: strategies’ outcomes must linked with business’s goals
+ Focused: points out exactly what should be prioritized
+ Implementable
This document provides an overview of leadership and change management topics. It includes:
- Educational goals related to leadership theories, skills, and managing change.
- Summaries of various leadership theories such as Great Man Theory, Behavioral Theories, Situational Theories, and Transformational Leadership.
- Descriptions of different leadership styles including Visionary, Coaching, and Coercive styles.
- Discussions of the roles of managers versus leaders, power and influence, and adapting leadership approaches for different change phases.
Leadership is defined as influencing others to work enthusiastically for common good. Effective leaders mobilize others to achieve extraordinary goals, transform values into actions, and create climates where people succeed. They engage in five practices: modeling the way, inspiring a shared vision, challenging processes, enabling others to act, and encouraging hearts. Leaders build credibility and trust by aligning actions with values, keeping promises, and recognizing contributions which optimizes employee engagement and business outcomes.
This document discusses individual and group decision making. It provides details on the 8 steps of the individual decision making process: 1) define the problem, 2) identify decision criteria, 3) allocate weights to criteria, 4) develop alternatives, 5) evaluate alternatives, 6) select best alternative, 7) implement alternative, and 8) evaluate decision. It also discusses various techniques for group decision making, including brainstorming, nominal group technique, Delphi technique, electronic meetings, fish bowling, and interacting groups.
This document discusses strategic leadership and the role of strategic leaders. It begins by noting the prevalence of discussions about leaders and leadership online. It then discusses how strategic leaders think and act deliberately to create sustainable competitive advantages. Strategic leadership is described as accomplishing more than what management says is possible. Strategic leaders are not defined by stereotypes and adapt their approach to the situation. The document outlines that strategic leaders are focused on the future, shape the future, and develop human capital and next generations of leaders. It provides traits of strategic leaders such as openness to new experiences and a results orientation. The document discusses the role of strategic leaders in leading change and outlines the key steps in a successful change process.
Importance of successful change management ; Change management principles ; Change management process ; Resistance to change ; ; Building culture for change ; ADKAR Model ; Change management strategies; John P Kotter's change management strategies
The document discusses various perspectives on leadership. It defines leadership as having a vision that inspires others and influences them through character and example. Good leaders are made, not born, and develop their skills through self-study and experience. Key leadership skills include self-motivation, strategic thinking, organization, positivity, intuition, decision-making, accountability, and time management. Leaders motivate others, organize efforts, listen, make good decisions, inspire people, and improve lives. Common leadership styles are authoritarian, paternalistic, democratic, and laissez-faire. The document dispels myths that leaders are born with instincts to lead or control others.
This is a presentation to co-operatives on strategic planning. The process of coming up with a strategic plan is as important as the final document. It is critical that co-operatives participate fully in drafting their own strategic plans and coming up with final document that they own and can implement.
Strategic plans are critical for co-operatives to prioritize what they want to achieve and within what time period.
The document discusses the concept of "authentic leadership" and questions what purpose the term "authentic" serves when coupled with words like leaders, brands, and messages. It notes that words like "appear" and "create" often accompany authentic, but "reveal" seldom does, suggesting the objective is to appear authentic rather than truly be authentic. Additionally, citizens have lost the ability to discern what is truly authentic due to leaders constantly changing their claimed authentic identities. The document questions whether authenticity is revealed in tough times or unveiled over a sustained period through consistent behavior.
CAs can play an important role in mentoring and supporting agricultural entrepreneurs through their expertise in financial management, regulatory compliance, and business planning. Recent trends in the agriculture sector include increased digital innovation, leveraging of farmer producer organizations, foreign investment in forestry, and growth of agri-tech startups. Agri-entrepreneurship is significant for social and economic development through job creation, poverty reduction, and improved food security, especially in rural areas. There are many feasible opportunities for agri-entrepreneurship such as processing, manufacturing, inputs, services, apiaries, and organic retail that require low infrastructure and technology.
Situational leadership theory proposes that there is no single best leadership style and that effective leadership depends on the readiness level of the group or individual. The theory identifies four leadership styles (telling, selling, participating, and delegating) based on the amount of task behavior and relationship behavior exhibited. It also identifies four developmental levels of group maturity (M1-M4). The theory asserts that effective leadership involves matching one's style to the competence and commitment level (D1-D4) of the group for the task. The key to effective leadership is correctly assessing the situation and applying the appropriate leadership style.
This document discusses strategic planning and provides guidance on developing an effective strategic plan. It explains that a strategic plan should be outward looking, based on solid market research, and have buy-in from all staff. The strategic planning process involves analyzing the industry, identifying stakeholders and strategic partners, and developing goals and key performance indicators. Operational plans then translate the strategic plan into specific actions and tasks. Individual employee goals are also linked to the operational plans. Regular review and reporting is important to ensure the plans remain on track and aligned with the organization's vision and mission.
The document outlines key concepts in leadership theory, including:
- Early theories focused on identifying leadership traits or behaviors but had mixed results. Later behavioral theories identified two dimensions - task orientation and relationship orientation.
- Contingency theories propose that leadership effectiveness depends on matching leadership style to situational factors. Fiedler's model and situational leadership theory examine this.
- Contemporary views distinguish transactional from transformational leadership and discuss charismatic, visionary, and team leadership.
- Current issues include developing credibility, providing ethical leadership, empowering employees, and addressing cross-cultural differences in leadership.
The document discusses ethical leadership and provides five principles for becoming an ethical leader: respect others, serve others, show justice, be honest, and build community. It states that ethical leaders act from morals and values, making choices informed by their ethics. The principles emphasize empowering and crediting subordinates, treating people fairly, telling the truth, and influencing others to reach common goals. The document advises limiting incentives to motivate others and instead celebrating team members' morality. It suggests always considering the entire community when making decisions and developing trust through relationships.
There are several theories about how leadership develops: the trait theory suggests certain personality traits lead to leadership roles; the great events theory says crises can cause ordinary people to rise to leadership; and the transformational leadership theory is that people can learn leadership skills. Effective leaders listen to others, encourage participation, and avoid quick decisions. Studies of leadership have examined organizational structures and management approaches, moving from scientific to social science to postmodern theories. Principles of leadership focus on serving others, developing trustworthiness, and effective communication. The most effective paradigm views people as spiritual beings seeking meaning in their work.
This document outlines key concepts related to ethical leadership, including what ethical leadership means, its importance, ethical theories and perspectives, principles of ethical leadership, elements of character, ethical decision making, challenges, developing ethical leadership, ethical dilemmas, responsibilities and traits of an ethical leader, and tips for improving organizational ethics. The objectives are to explain these ethical leadership concepts and how to apply them. Real-life examples are provided, such as analyzing Abraham Lincoln's ethical leadership as President of the United States. Overall the document serves as an introductory guide to the principles and practice of ethical leadership.
Strategic change requires planning, establishing a vision, selecting goals and strategies, and creating action plans. The process results in a strategic plan document that is monitored and updated. Great change leaders like Jack Welch and Steve Jobs make difficult changes and lead their industries in new directions rather than follow competitors. Strategic change, when done through a proven process, can benefit companies.
Definition of Leadership:
Leadership refers to the relation between an individual and a group around some common interest and behaving in a manner directed or determined by him. Leadership may be defined in terms of totality of functions performed by executives as individuals and as a group.
or
Leader is a person who leads his team in an Organization or business for better results in doing their task or job given
“Strategic Thinking is a way of understanding the fundamental drivers of a Business and rigorously (and playfully) challenging conventional thinking about them.”
--> Focuses on finding and developing unique opportunities to create value for the organization
--> Takes into account: Products & offerings, Markets, Clients/Customers, Competitors, and Suppliers.
--> Input to strategic planning
--------------------------
The process of Strategic Thinking must ensure that business strategies are:
+ Aligned: fit with business’s Mission, Vision, Competitive Situation, and Operating Strategies
+ Goal-orientated: strategies’ outcomes must linked with business’s goals
+ Focused: points out exactly what should be prioritized
+ Implementable
This document provides an overview of leadership and change management topics. It includes:
- Educational goals related to leadership theories, skills, and managing change.
- Summaries of various leadership theories such as Great Man Theory, Behavioral Theories, Situational Theories, and Transformational Leadership.
- Descriptions of different leadership styles including Visionary, Coaching, and Coercive styles.
- Discussions of the roles of managers versus leaders, power and influence, and adapting leadership approaches for different change phases.
Leadership is defined as influencing others to work enthusiastically for common good. Effective leaders mobilize others to achieve extraordinary goals, transform values into actions, and create climates where people succeed. They engage in five practices: modeling the way, inspiring a shared vision, challenging processes, enabling others to act, and encouraging hearts. Leaders build credibility and trust by aligning actions with values, keeping promises, and recognizing contributions which optimizes employee engagement and business outcomes.
This document discusses individual and group decision making. It provides details on the 8 steps of the individual decision making process: 1) define the problem, 2) identify decision criteria, 3) allocate weights to criteria, 4) develop alternatives, 5) evaluate alternatives, 6) select best alternative, 7) implement alternative, and 8) evaluate decision. It also discusses various techniques for group decision making, including brainstorming, nominal group technique, Delphi technique, electronic meetings, fish bowling, and interacting groups.
This document discusses strategic leadership and the role of strategic leaders. It begins by noting the prevalence of discussions about leaders and leadership online. It then discusses how strategic leaders think and act deliberately to create sustainable competitive advantages. Strategic leadership is described as accomplishing more than what management says is possible. Strategic leaders are not defined by stereotypes and adapt their approach to the situation. The document outlines that strategic leaders are focused on the future, shape the future, and develop human capital and next generations of leaders. It provides traits of strategic leaders such as openness to new experiences and a results orientation. The document discusses the role of strategic leaders in leading change and outlines the key steps in a successful change process.
Importance of successful change management ; Change management principles ; Change management process ; Resistance to change ; ; Building culture for change ; ADKAR Model ; Change management strategies; John P Kotter's change management strategies
The document discusses various perspectives on leadership. It defines leadership as having a vision that inspires others and influences them through character and example. Good leaders are made, not born, and develop their skills through self-study and experience. Key leadership skills include self-motivation, strategic thinking, organization, positivity, intuition, decision-making, accountability, and time management. Leaders motivate others, organize efforts, listen, make good decisions, inspire people, and improve lives. Common leadership styles are authoritarian, paternalistic, democratic, and laissez-faire. The document dispels myths that leaders are born with instincts to lead or control others.
This is a presentation to co-operatives on strategic planning. The process of coming up with a strategic plan is as important as the final document. It is critical that co-operatives participate fully in drafting their own strategic plans and coming up with final document that they own and can implement.
Strategic plans are critical for co-operatives to prioritize what they want to achieve and within what time period.
The document discusses the concept of "authentic leadership" and questions what purpose the term "authentic" serves when coupled with words like leaders, brands, and messages. It notes that words like "appear" and "create" often accompany authentic, but "reveal" seldom does, suggesting the objective is to appear authentic rather than truly be authentic. Additionally, citizens have lost the ability to discern what is truly authentic due to leaders constantly changing their claimed authentic identities. The document questions whether authenticity is revealed in tough times or unveiled over a sustained period through consistent behavior.
CAs can play an important role in mentoring and supporting agricultural entrepreneurs through their expertise in financial management, regulatory compliance, and business planning. Recent trends in the agriculture sector include increased digital innovation, leveraging of farmer producer organizations, foreign investment in forestry, and growth of agri-tech startups. Agri-entrepreneurship is significant for social and economic development through job creation, poverty reduction, and improved food security, especially in rural areas. There are many feasible opportunities for agri-entrepreneurship such as processing, manufacturing, inputs, services, apiaries, and organic retail that require low infrastructure and technology.
At the beginning of the new millennium, there were less than 100 million entrepreneurs on the planet. Today, the number is over 400 million, and there are a projected 1 billion entrepreneurs by 2020. The Entrepreneur Movement is the largest global shift in vocation the world has ever seen.
This Entrepreneur Blueprint 2030 is our vision of where we see the next 15 years for Entrepreneurs, and how we can collaborate together to tackle the world's greatest challenges.
Our organization, Entrepreneurs Institute, has a mission to connect and empower entrepreneurs around the world to grow the businesses they run and the impact they have.
Today, we have over 500,000 entrepreneurs from over 100 countries within our network, and we are growing by over 20,000 new entrepreneurs every month.
Join us on the journey: www.geniusu.com
A vision states what the organization aspires to become in the future. A mission reflects the organization's past and present by stating why the organization exists and what role it plays in society. Goals are the more specific aims that organizations pursue to reach their visions and missions.
The Agency Oneto’s annual trend forecast, featuring what’s developing on the horizon. For 2021, it will be The Year of The Great Rebuild & New Human Learning. 2021 is going to bring both continued instability along with optimism for building anew. It will be a year of more change and will demand hard work by industry and by we humans to learn and adapt.
The real estate transaction requires a lot of due diligence, procedural knowledge, Authorities approval, engagements, and extensive financial and investment knowledge that provides exclusive opportunities for professionals/experts who can leverage their knowledge in providing full package services in terms of consultancy, compliance, representation, due diligence, document vetting, drafting, approval draft, project execution, investment plans, deal advisory, etc. which in turn accelerate the real estate sector’s development and consequently add to the nation’s economy.
Young Arab Leaders's mission is to create and foster leaders in the Arab World. Through their initiatives, they promote leadership, entrepreneurship, and public/private sector cooperation, all of which focus on regional capacity building.
During the 2014 – 2015 period, Young Arab Leaders (YAL) developed 15 business workshops & 3 entrepreneurship initiatives, providing skills and training to approximately 600 young people, entrepreneurs, and business delegates in the UAE.
YAL ran workshop series known as Entrepreneur Journey Series (EJS). EJS is half-talk half-workshop running throughout 2015 aimed at educating & providing entrepreneurs with tools to launch or scale their startups.
Every month, they present a unique topic to their startup community with top caliber mentors & speakers.
This month, June, they are focusing on a "Marketing & Communication Strategy for your Startup".
I have been invited to share my expertise with YAL's startups & upcoming entrepreneurs on the 15th of June at In5 Innovation Centre.
Recognizing the potential of MSMEs & startups the government is constantly making efforts in form of policy reforms to support the entrepreneurs who help contribute to the economy and for their growth expansion. In this journey, there is a need for experienced mentors/professionals to come forward and invest their time in nurturing talent by applying their expertise and assisting them thereby contributing to nation-building.
The New Media Group is a social enterprise leading the way in Mongolia and across Asia as the Founding Certified B Corporation in the region. The New Media Group is made up of several subsidiary companies focusing on commerce, design, investment, marketing and technology. As a social enterprise, which empowers human-centered business, its utmost goal is to create a positive and friendly corporate culture.
Additionally, The New Media Group has cultivated strong social engagement through its human-centered social responsibility programs and is dedicated to supporting nonprofits and international organizations who are working to help people in Mongolia and around the world.
Social links:
http://thenewmediagroup.co/
http://twitter.com/NMGteam/
https://facebook.com/NMGteam
http://youtube.com/user/NMMAteam/
http://www.linkedin.com/company/the-new-media-group/
http://flickr.com/photos/NMMAteam/
This document discusses labour law reforms in India. It provides context on the goals of simplifying and modernizing India's 29 existing labour laws through 4 new labour codes. It outlines some of the key challenges in balancing employment growth and workers' rights. It also summarizes some aspects of the new codes related to coverage, retrenchment rules, labour enforcement, contract labour, trade unions, and the delegation of some details to rule-making. Overall the codes make progress in consolidating laws but still have room for improvement in full simplification and addressing emerging forms of labour.
Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
This document discusses vision and mission statements and provides examples from various companies. It defines a vision statement as outlining an organization's long-term goals and desired future state. A mission statement defines an organization's fundamental purpose and reason for existing. The document then provides examples of vision and mission statements from companies like Dell, Pfizer, McDonald's, Unilever, Toyota, Apple, and others to illustrate their key components and how they differ between organizations.
Modicare is a leading direct selling company in India that is expanding globally. The document introduces Modicare and its founder Samir Kumaar Modi, who started the company 26 years ago with a vision to empower people. It then outlines the six main ways consultants can earn income through Modicare's compensation plan, including retail profits, performance bonuses, team bonuses, leadership bonuses, elite bonuses, and lifestyle bonuses. Consultants can achieve various ranks as they grow their business and team.
This document discusses key concepts in strategy management including vision, mission, objectives, policies, and procedures. It provides definitions and examples of each concept. The main points are:
1. Vision is the aspirational dream or future goal of an organization, while mission defines the current values and operations that guide it.
2. Objectives are specific, measurable goals that provide direction for activities, and strategies are the plans to achieve long-term objectives.
3. Policies provide guidelines for decision-making, and procedures specify how tasks are performed.
4. Examples of vision and mission statements are given for companies like Microsoft, GE, and Mahindra to illustrate these concepts.
Vision, mission, objectives, and goals provide strategic direction for an organization. A vision describes what an organization aspires to become, while a mission outlines its current purpose. Objectives specify quantifiable targets to achieve within a set timeframe. Goals are short-term milestones that support achieving long-term objectives. Together, they guide an organization and provide a framework for evaluating performance.
Defining The Current State Of The Ecosystem: Diverse Investor And Innovator S...Harry Alford
On December 15, 2020, we convened investors and innovators to discuss the challenges of driving growth for underserved audiences and how we can help drive growth in the ecosystem. The event was in salon format, a gathering of people to increase our knowledge through conversation. The 90-minute thought-provoking conversation surfaced positive forces driving us forward, the hindrances holding us back, and the resources required to achieve the ideal future state we envision for the ecosystem.
The document discusses vision, mission statements, and values for organizations. It provides examples of vision statements that describe what the organization wants to achieve and mission statements that explain the organization's purpose. Values are described as guiding principles for how an organization behaves. The document asks the reader to imagine they are creating a creative media company and developing a vision, mission, and values. It provides examples from News Corporation and the BBC to illustrate these concepts.
This document provides an overview of I Impact India, an organization focused on social innovation and communication solutions. It includes sections on their motto, who they are and what they do, core values, team members, facts about the organization, and tips. The overall purpose of I Impact India is to promote effective channelization of funds for social causes while providing value to corporate partners.
HOW FORD MOTOR COMPANY MOVED FROM CONTENT PROVIDER TO CONTENT CR.docxwellesleyterresa
HOW FORD MOTOR COMPANY MOVED FROM CONTENT PROVIDER TO CONTENT CREATOR.docxHOW FORD MOTOR COMPANY MOVED FROM CONTENT PROVIDER TO CONTENT CREATOR
Source: http://www.socialmedia-forum.com/smwf-2015-in-pictures/
Why Ford of Europe’s Vice President of Communications and Public Affairs Mark Truby, a former newspaper business editor, worries about whether his company’s content is worthy of reading aloud over the breakfast table and how the launch of a new car in Germany with just 300 media present became the number one trending subject on Twitter and was watched in full by more than 360,000 people around the world. Ahead of #SMWF this June we wanted to find out more from the man himself:
1)Mark your focus is very much about creating content and storytelling but how do you manage that? What do you need to consider?
“Over the past four years we have moved from a Ford of Europe communications team focused primarily on media relations and servicing the automotive press to a team focused first and foremost on constant storytelling to a broad spectrum of media and audiences. This was a major strategic shift and required new skills and resources.
We created a content team with writers, photographers, videographers, graphic artists – people with strong backgrounds in print, broadcast and digital journalism. We augmented our Ford team with new talent on the agency side to help us tell more compelling stories and reach new audiences – such as tech, design and lifestyle press, as well as bloggers and digital influencers.”
2)What are the key elements to consider when creating any content or story for Ford and what can other businesses learn from your approach?
“We try to keep it simple and ask ourselves a few questions. Is the story interesting enough that a news editor would just have to have it for their newspaper, TV broadcast or website? Would the average person find it interesting enough to read or view, and share online? Would a husband read it aloud across the breakfast table to his wife, for example?
You have to be really honest with yourself on these questions or you will waste time and effort on the low-value stories. If a story passes those first hurdles, then we ask whether the story – once read or watched – could truly improve our corporate reputation or raise someone’s opinion of our vehicles and technologies. We have all read a story or seen a feature on TV that forever changed our perception of a person, company or organization. We quote it to friends or share it on Twitter.
This is the power of great storytelling whether you are creating it yourself or working with journalists. So, simple rules but a difficult task. It takes a lot of creativity and hard work to create content that is entertaining, interesting and meaningful.”
3)How can you reach new audiences most effectively through social media and how is this different to the traditional days of PR?
“Certainly online video, infographics and other forms of digital storytelling are amaz ...
Similar to Strategic Management chapter 3 Addis Ababa University (20)
Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
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Gmail: seosmmearth@gmail.com
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Industrial Tech SW: Category Renewal and CreationChristian Dahlen
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Best practices for project execution and deliveryCLIVE MINCHIN
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[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
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1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
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16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations
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Strategic Management chapter 3 Addis Ababa University
1. A s h e n a f i A . ( P h D C a n d i d a t e )
A A U , 2 0 2 0
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
2. VISION, MISSION,
VALUES
C H A P T E R T H R E E
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
3. CHAPTER OBJECTIVES
1. Describe the nature and role of vision and mission statements in
strategic management.
2. Identify the components of mission statements.
3. Discuss how clear vision and mission statements can benefit
other strategic-management activities.
4. Evaluate mission and vision statements of different
organizations.
5. Write good vision and mission statements.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
4. MISSION, VISION AND VALUES
Mission = Your business purpose
who we are,
Vision = The impact we intend to make
where we’re going
Values = The beliefs of the business
what do we value
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
5. THE MISSION STATEMENT
Statement of purpose and business
Answers the questions:
o Why do we exist?
o What do we do?
o Whom do we serve?
Makes priorities clear and defines the breadth of activities.
Forms the foundation for all the other objectives and strategies.
“What is the business of the firm?” “Whom does the firm want to
serve?” “What does the firm want to become?
Simple yet powerful and inspiring, makes sense to internal and
external stakeholders.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
6. MISSION STATEMENT COMPONENTS
1. Customers—Who are the firm’s customers?
2. Products or services—What are the firm’s major
products or services?
3. Markets—Geographically, where does the firm
compete?
4. Technology—Is the firm technologically current?
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
7. MISSION STATEMENT COMPONENTS
5. Concern for survival, growth, and profitability—
Is the firm committed to growth and financial
soundness?
6. Philosophy—What are the basic beliefs, values,
aspirations, and ethical priorities of the firm?
7. Self-concept—What is the firm’s distinctive
competence or major competitive advantage?
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
8. MISSION STATEMENT COMPONENTS
8. Concern for public image—Is the firm responsive
to social, community, and environmental concerns?
9. Concern for employees—Are employees a
valuable asset of the firm?
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
9. CHARACTERISTICS OF A GOOD
MISSION STATEMENT
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
10. EXAMPLE MISSION STATEMENTS
• We aspire to make PepsiCo the world’s (3) premier consumer
products company, focused on convenient foods and
beverages (2). We seek to produce healthy financial rewards
for investors (5) as we provide opportunities for growth and
enrichment to our employees (9), our business partners and
the communities (8) in which we operate. And in everything
we do, we strive to act with honesty, openness, fairness and
integrity (6).
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
11. EXAMPLE MISSION STATEMENTS
Bank of America:- We believe, very simply, that it is the actions of
individuals working together that build strong communities ... and that
business has an obligation to support those actions in the communities
it serves
Wal-Mart :-Our mission is to enhance and integrate our supplier
diversity programs into all of our procurement practices and to be an
advocate for minority- and women-owned businesses
Microsoft :- At Microsoft, we work to help people and businesses
throughout the world realize their full potential. This is our mission.
Everything we do reflects this mission and the values that make it
possible
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
12. EXAMPLE MISSION STATEMENTS
• Dell’s mission is to be the most successful computer company
(2) in the world (3) at delivering the best customer experience in
markets we serve (1). In doing so, Dell will meet customer
expectations of highest quality; leading technology (4);
competitive pricing; individual and company accountability (6);
best-in-class service and support (7); flexible customization
capability (7); superior corporate citizenship (8); financial
stability (5).
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
13. EXAMPLE MISSION STATEMENTS
• Procter & Gamble will provide branded products and services
of superior quality and value (7) that improve the lives of the
world’s (3) consumers. As a result, consumers (1) will reward
us with industry leadership in sales, profit (5), and value
creation, allowing our people (9), our shareholders, and the
communities (8) in which we live and work to prosper.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
14. EXAMPLE MISSION STATEMENTS
• At L’Oreal, we believe that lasting business success is
built upon ethical (6) standards which guide growth and
on a genuine sense of responsibility to our employees (9),
our consumers, our environment and to the communities
in which we operate (8).
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
15. SAMPLE MISSION STATEMENTS
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
To establish Starbucks as the premier
purveyor of the finest coffee in the world
while maintaining our uncompromising
principles as we grow.
10/21/2020
16. SAMPLE MISSION STATEMENTS
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
Google Mission Statement: "Google's mission is to organize the
world's information and make it universally accessible and
useful.
10/21/2020
17. VISION STATEMENTS
THIS IS THE PLACE TO DREAM
BIG!
A vision statement should answer
the basic question,
“What do we want to become?”
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
18. THE VISION STATEMENT
A guiding image of success—What will success look
like?
The realization of the mission.
How the world will be improved if the organization
achieves its purpose: what the future will be like.
Also guides priorities and the scope and scale of
activities.
Grand enough to inspire, realistic enough that people
start to believe that it can and will happen.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
19. VISION STATEMENTS
A GOOD VISION IS…
Short, Preferably One Sentence
Inspiring
Focuses On Serving The World
Is Very Ambitious
Describes The Ideal Result You
Want To Achieve
YOUR VISION
CHECKLIST:
Does It Excite You?
Does It Tell The World
About The Good You
Want To Do?
Is It Bigger Than You?
Is It Simple?
Is It Clear?
Is It About What You
Can Give And Not About
What You’ll Get?
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
20. SAMPLE VISIONS
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
Vision Statement
Samples
10/21/2020
21. SAMPLE VISIONS
John F. Kennedy's Moon Landing Mission Statement
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
22. EXAMPLES:
• Lincoln: “Preserve the Union”
• FDR: “End the depression”
• Nelson Mandela: “End Apartheid”
• Mother Teresa: “Show mercy and compassion to the
dying”
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
23. • Thomas Edison dreamed of a lamp that could be
operated by electricity, began where he stood to put his
dream into action, and despite more than ten thousand
failures, he stood by that dream until he made it a
physical reality. Practical dreamers do not quit!
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
24. ORGANIZATIONAL VALUES
o Organizational values are abstract ideas that
guide organizational thinking and actions
o Values represent the foundation on which
the company is formed
o A company's organizational values let others
know what it is, why it has been created, and
how it is different from other companies.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
25. ORGANIZATIONAL VALUES
Examples of Values:
Integrity Honesty Quality
Fairness Empowerment Professionalism
Fun Balance Trustworthy
Loyalty Partnership Accountability
Respect Creativity Communication
Teamwork Diversity Safety
Responsibility Growth Optimism
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
26. GOOGLE VALUES:
TEN THINGS
WE KNOW TO BE TRUE
Source: http://www.google.com/about/company/philosophy/
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
27. BENEFITS OF HAVING A CLEAR MISSION
AND VISION
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
28. ROLES PLAYED BY MISSION AND VISION
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
1. Communicate the purpose of the
organization to stakeholders
2. Inform strategy development
3. Develop the measurable goals and
objectives by which to gauge the success of
the organization’s strategy
10/21/2020
29. USE YOUR MISSION AND VISION
STATEMENTS TO…
1. Define your organization to the world.
2. Guide your decision making.
3. Inspire your constituents (clients, community,
board, staff and donors).
4. Promote your cause.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
30. IMPORTANCE OF VISION AND
MISSION STATEMENTS
1. To ensure unity of purpose within the organization.
2. To provide a basis, or standard, for allocating organizational
resources.
3. To establish a general tone or organizational climate.
4. To facilitate the translation of objectives into a work structure.
5. To specify organizational purposes.
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
31. We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
10/21/2020
33. 10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
34. 10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
35. INDIVIDUAL ASSIGNMENT:
REVIEWSELECT ANY LOCAL BUSINESS AND EVALUATE ITS
MISSION, VISION & VALUES
10/21/2020
We believe that from truth alone is born liberty and that
only an educated people can consider itself as really free
and master of its fate.
Editor's Notes
Purpose: Broad end result. The focus problem we are trying to solve.
Business: Means to achieve that end. The ‘business’ we are in.
The methods we use. What we do.
Agood mission statemnt should
Note: The numbers in parentheses correspond to the nine components listed on page 51; author comments also refer to those components.
Easily understood by a 12 yr. old
Should be able to recite by memory at gunpoint