This document discusses the importance of vision and mission statements for organizational growth. It defines vision as outlining where an organization wants to be, while the mission explains how it will get there. Employee awareness of the vision and mission improves engagement, accountability, learning, decision-making and retention. The document provides examples of vision and mission statements from companies like Microsoft, Nike, McDonald's and Unilever. It analyzes the vision and mission of Jet Airways and Indigo Airlines, and concludes that defining purpose, aligning resources, and providing guidance facilitates organizational evaluation and improvement.