The document discusses the importance of vision and mission statements for businesses. It provides examples of vision statements from companies like Tyson Foods, General Motors, and PepsiCo. It also provides examples of mission statements from companies like Fleetwood Enterprises, Procter & Gamble, Dell, and L'Oreal. The document outlines the key benefits of having a clear mission statement, including better financial results, unanimity of purpose, and establishment of company culture. It emphasizes that developing vision and mission statements requires participation from managers to get commitment. The statements should balance specificity and generality to guide the company while allowing for growth.
Strategic Management Slides - Chapter 4 "the Internal Assessment"Rabia Rajput
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Strategic Management Slides - Chapter 3 "the External Assessment"Rabia Rajput
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Strategic Management Slides - Chapter 4 "the Internal Assessment"Rabia Rajput
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Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
Ch4 Internal Assessment: Strategic ManagementTriune Global
Focus is on identifying & evaluating a firm's strength & weaknesses in the functional areas of business, including management, marketing, finance, production, and management information systems.
The COVID-19 economy changed everything, did it not? The future business environment is not going be the same as it was prior to the pandemic. As a result, your future company can’t be the same either. It will be facing unique challenges. But it also offers you unprecedented new opportunities.
As always, those who anticipate and prepare for that future will have the advantage.
To that end, watch the recorded presentation to learn five ways you can leverage your ability to succeed in the new economy. In this webinar, we will share high impact insights that will help your company thrive regardless of the conditions that lie ahead.
Strategic Management Mission and Vision Statement ppt_02Masroor Soomro
Corporate Strategy or Strategic Management
Concepts and Cases by Fred R. David,
Francis Marion University, Florence, South Carolina, &
Forest R. David,
Strategic Planning Consultant
Core Promise: A Simple Driver of Healthy, Resilient, High-Performancemarsha shenk
With increasing competition for relevance to key audiences, and increasing pressure from relentless change as well as diminishing resources, the ability to design superior value with minimal investment – quickly – has become mission-critical for reliable performance.
These pages invite you to a new approach to organizational achievement: applying the power of new design thinking to Strategic Planning and Organizational Design.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
3. Vision
“The last thing IBM needs right now is a
vision.” (July 1993)
“What IBM needs most right now is a
vision.” (March 1996)
– Louis V. Gerstner, Jr., CEO, IBM Corporation
Ch 2 -3
4. Vision
Agreement on the basic vision for which the
firm strives to achieve in the long term is
especially important.
Ch 2 -4
6. Vision Statement Examples
Tyson Foods’ vision is to be the
world’s first choice for protein
solutions while maximising
shareholder value.
Ch 2 -6
7. Vision Statement Examples
General Motors’ vision is to be the world
leader in transportation products and
related services.
Ch 2 -7
8. Vision Statement Examples
PepsiCo’s responsibility is to continually
improve all aspects of the world in which we
operate – environment, social, economic –
creating a better tomorrow than today.
Ch 2 -8
9. Vision Statement Examples
Dell’s vision is to create a company culture
where environmental excellence is second
nature.
Ch 2 -9
11. Mission Statement
• Answers the question:
• “What is our business?”
• Reveals:
• what the organisation wants to be
• whom we want to serve
Ch 2 -11
12. Mission Statement
• An enduring statement of purpose that
distinguishes one organisation from other
similar enterprises
• A declaration of an organisation’s “reason for
being”
Ch 2 -12
13. MISSION STATEMENTS ARE ALSO
CALLED
• Creed statement
• Statement of purpose
• Statement of philosophy
• Statement of beliefs
• Statement of business principles
• A statement “defining our business”
Ch 2 -13
14. Mission Statement Examples
Fleetwood Enterprises will lead the recreational vehicle and
manufactured housing industries in providing quality products
with a passion for customer-driven innovation. We will
emphasize training, embrace diversity and provide growth
opportunities for our associates and our dealers. We will lead
our industry in the application of appropriate technologies. We
will operate at the highest levels of ethics and compliance with
a focus on exemplary corporate governance. We will deliver
value to our shareholders, positive operating results and
industry-leading earnings.
Ch 2 -14
15. Mission Statement Examples
We aspire to make PepsiCo the world’s premier
consumer products company, focused on convenient
foods and beverages. We seek to produce healthy
financial rewards for investors as we provide
opportunities for growth and enrichment to our
employees, our business partners and the communities
in which we operate. And in everything we do, we strive
to act with honesty, openness, fairness and integrity.
Ch 2 -15
16. Mission Statement Examples
Dell’s mission is to be the most successful
computer company in the world at delivering
the best customer experience in markets we
serve. In doing so, Dell will meet consumer
expectations of highest quality; leading
technology; competitive pricing; individual and
company accountability; best-in-class service
and support; flexible customization capability;
superior corporate citizenship; financial
stability.
Ch 2 -16
17. Mission Statement Examples
Proctor & Gamble will provide branded
products and services of superior quality and
value that improve the lives of the world’s
consumers. As a result, consumers will
reward us with industry leadership in sales,
profit, and value creation, allowing our people,
our shareholders, and the communities in
which we live and work to prosper.
Ch 2 -17
18. Mission Statement Examples
At L’Oreal, we believe that lasting business
success is built upon ethical standards which
guide growth and on a genuine sense of
responsibility to our employees, our
consumers, our environment and to the
communities in which we operate.
Ch 2 -18
19. VISION & MISSION
• Great benefits can be achieved if an
organisation
• Systematically revisits their vision and
mission statement
• Treats them as living documents
• Considers them to be an integral part of the
firm’s culture
Ch 2 -19
22. Developing Vision & Mission
A clear mission is needed before
alternative strategies can be
formulated and implemented
Ch 2 -22
23. Developing Vision & Mission
Participation by as many managers as
possible is important in developing the
mission because through involvement
people become committed to an
organisation
Ch 2 -23
24. STEPS TO DEVELOPING VISION &
MISSION STATEMENTS
1. Have managers read related articles
2. Have managers prepare a vision and
mission statement for the organisation
3. Merge the documents into one and
distribute
4. Gather feedback from managers
5. Meet to revise the final document
Ch 2 -24
25. BENEFITS OF MISSION STATEMENTS
• Better financial results
• Unanimity of purpose
• Resource allocation
• Establishment of culture
• Focal point for individuals
• Establishment of work structure
• Basis of assessment and control
• Resolution of divergent views
Ch 2 -25
27. RESOLUTION OF DIVERGENT VIEWS
• A genuine decision must be based on
divergent views to have a chance to be a right
and effective decision
• Considerable disagreement over vision and
mission statements can cause trouble if not
resolved
Ch 2 -27
28. VISION & MISSION STATEMENTS
• Provide unity of direction
• Promote shared expectations
• Consolidate values
• Project a sense of worth and intent
• Affirm the company’s commitment to
responsible action
Ch 2 -28
29. Declaration of
Attitude
Broad in scope
Generate strategic alternatives
Not overly specific
Reconciles interests among
diverse stakeholders
Finely balanced between
specificity & generality
Ch 2 -29
30. Declaration of
Attitude
Arouse positive feelings &
emotions
Motivate readers to action
Generate favorable impression
of the firm
Ch 2 -30
31. Declaration of
Attitude
Reflect future growth
Provide criteria for strategy
selection
Basis for generating &
evaluating strategic options
Dynamic in nature
Ch 2 -31
32. Mission & Customer
Orientation – Vern McGinnis
• Define what the organisation is
• Define what it aspires to be
• Limited to exclude some ventures
• Broad enough to allow for growth
• Distinguishes firm from all others
• Framework for evaluating activities
• Stated clearly – understood by all
Ch 2 -32
33. MISSION & CUSTOMER ORIENTATION
• An effective mission statement:
• Anticipates customer needs
• Identifies customer needs
• Provides product/service to satisfy needs
• Identifies the utility of a firm’s products to
its customers
Ch 2 -33
34. UTILITY OF FIRM’S PRODUCTS TO
CUSTOMERS
• Do not offer me things.
• Do not offer me clothes. Offer me attractive looks.
• Do not offer me shoes. Offer me comfort for my feet
and the pleasure of walking.
• Do not offer me a house. Offer me security, comfort,
and a place that is clean and happy.
• Do not offer me books. Offer me hours of pleasure and
the benefit of knowledge.
Ch 2 -34
35. UTILITY OF FIRM’S PRODUCTS TO
CUSTOMERS
• Do not offer me CDs. Offer me leisure and the sound of
music.
• Do not offer me tools. Offer me the benefits and the
pleasure that come from making beautiful things.
• Do not offer me furniture. Offer me comfort and the
quietness of a cozy place.
• Do not offer me things. Offer me ideas, emotions,
ambience, feelings, and benefits.
• Please, do not offer me THINGS.
Ch 2 -35
36. Products or
Services Markets
Customers
Mission Technology
Employees Components
Survival,
Growth,
Public Profits
Image
Self-Concept Philosophy
Ch 2 -36
39. FOR NEXT WEEK
• Readings 3 & 4 Strategic management
Supplement for Southern Africa
• Assurance of Learning exercise 2A
• Assurance of Learning exercise 2C
• Create a career vision and mission statement
that is personal to you
• Read Business Report, www.busrep.co.za
• Read CNBC, www.cnbc.com
• Read Knowledge to power your business,
www.quickmba.com, specifically hierarchical
levels to strategy, PEST analysis and SWOT
analysis
Ch 2 -39