organisational mission statements
TRANSCRIPT
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DEFINITION
A sentence describing a company's
function, markets and competitive
advantages; a short written statement ofyour business goals and philosophies
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BENEFITS OF MISSION
STATEMENTS
1. Establish boundaries to guide strategy
2. Acknowledge responsibility to variousstakeholders
3. Establish standards for organisational
performance
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NEED FOR MISSION
STATEMENTS
1. Unity of purpose
2. Basis of motivation
3. Foundation of standard4. Creating organisational climate
5. Maintains the time
6. Provides basis for allocation of tasks7. Serves as a means of control
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EXAMPLE
HLL states its mission as follows -Hindustan Levers commitment to national
priorities has ensured that the company is
part of peoples lives at the grass root level,
making a difference to India and Indians-in
depth, in width and size.Hindustan Lever has
always identified itself with the nations
priorities: employment generation,development of backward areas, agriculture
linkages, exports, contribution to the
exchequer etc
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MAKING OF A MISSION
STATEMENT
1) Describe what your company does
Describe precisely what your company
does
Sample Mission Statement -
My company's purpose is to:
Sell shoes Provide educational services
Grow market vegetables
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2) Describe how you do it
Involves brief description of how the
company works involving values the
company wants to be related with
Provide high product quality Provide superior customer service
Protect the quality of the environment
Ensure equal access to resources
Encourage innovation/creativity
Practice sustainable development
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Sample Mission Statements
My company's purpose is to:
Sell shoes of the highest quality
Provide educational services that allow allchildren to experience learning success
Grow market vegetables using organic,
sustainable farming practices
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3) Add why.
This is the part that describes your spark, or the
passion behind your business.
Sample Mission Statements
Sell shoes of the highest quality so every
customer can find a pair of shoes they actually
love to wear.
Provide educational services that allow allchildren to experience learning success and
become life-long learners and contributing
members of our community.
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Grow market vegetables using organic,
sustainable farming practices to give people
safe and healthy food choices.
4) Put your mission statement to work
You want your mission statement to be front
and center in the minds of everyone whoworks in your business and communicated to
customers and/or clients.
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Some businesses go so far as to make their
mission statements the themes of theiradvertising campaigns. If you do nothing else,
you should make sure your mission statement
is highly visible in your business premises, on
your website if you have one, and on all yourmarketing materials.
A good mission statement isn't just a slogan,
it's an operations manual and it can't providethe guidance it's intended to provide if people
aren't familiar with it.