The document discusses vision, mission, goals, policy and their roles in organizational planning. It provides definitions and explanations of each concept:
- Vision is a declaration of an organization's purpose and aspirations, addressing what it wants to become.
- Mission communicates the organization's reason for being and how it aims to serve stakeholders, integrating values.
- Goals are milestones in implementing strategies, providing direction and shared expectations.
- Policy provides guiding principles for decision making, set within legal/ethical frameworks to achieve objectives.
- Together, vision, mission, goals and policy provide clarity of purpose, direction and coordinated efforts across an organization.