Mission Statement The Vision Thing. Mission statement Defines the main purpose of the organization Explains what the company/business expects to do in.

Slides:



Advertisements
Similar presentations
Company Overview. Statement of Purpose The following will identify the mission, value and objective of the company with a brief introduction to the business.
Advertisements

Quality Management Strategic Quality Planning Organizing for TQM
IENG 451 Planning Functions. Responsiveness Customer Satisfaction Cost + Quality +Dependability + Flexibility + Time + Service 6 Dimensions of Competition.
Succession Planning at Providence Health Care Carl Roy, President & CEO CHAC Presentation May 6, 2006.
Mission -v- Vision What is the difference between a mission statement and a vision statement? A mission statement is what an organization is all about.
© 2001 Prentice Hall Ch. 2-1 Strategic Management Concepts & Cases Strategic Management Concepts & Cases 8 th edition Fred R. David Chapter 2: The Business.
FORMULATING THE VISION, MISSION, AND VALUES
Module 2 The Business Vision & Mission
Our Vision, Mission and Core Values
ENGM 620: Quality Management
Vision, Mission & Values
STRATEGIC MANAGEMENT THIRD EDITION Alex Miller © The McGraw-Hill Companies, Inc., 1998.
Planning and Strategic Management
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall Ch 2 -1 Chapter 2 The Business Vision & Mission Strategic Management: Concepts & Cases.
Chapter 2 The Path to a Successful Business. McGraw-Hill© 2004 The McGraw-Hill Companies, Inc. All rights reserved. Because Business Decision Making is.
The Manager as a Planner and Strategist
Jessica Burns, Mike Baker, John Klinger. Strategic Management Definition- the art and science of formulating, implementing, and evaluating cross-functional.
AGENDA u AN OVERVIEW OF CUSTOMER SERVICE u VISION AND MISSION u CORE COMPETENCIES u SUCCESS FACTORS u OBJECTIVES & STRATEGIES u CULTURE u VALUE STATEMENT.
Chapter 2 The Business Vision & Mission. Shared Vision -- Creates commonality of interests Reduce daily monotony Provides opportunity & challenge Vision.
Mission statement answers the question:
What is a business Write down what you think the word business means. Then look it up and jot down 2-3 other definitions. To be “in business” means an.
Strategic Management formulation Denis Manley. Assessment/exam type question Discuss how you, as head of the school of computing, would utilise an enterprise.
Strategic Management Process
Strategic Management Foundation Concepts.
Value, Vision, Mission, and Strategic Goals
Human Resource The Recruitment Agency. ABOUT US HRRA (Human Resource Recruitment Agency) is an independent company specializing in staff recruitment since.
Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Planning and Strategic Management Chapter 04.
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall Ch 2 -1 Vision Agreement on the basic vision for which the firm strives to achieve.
The Denison Model.
Lean Placement Services
RSM McGladrey, Inc. and McGladrey & Pullen, LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work.
Presentation Vision, Mission and Core Values – Governing ideas of an organization.
Click to move to the next slide. For more information about the Lifetime Healthcare Companies, visit: Vision: Our vision is that we will.
Strategic Thinking Mahesh P. Joshi
Chapter 1 The Nature of Strategic Management
MARKETING MANAGEMENT 12 th edition 2 Developing Marketing Strategies and Plans KotlerKeller.
Strategic Management formulation
DEFINING VISION  a realistic, credible, attractive future for [an] organization.
1.3 Organisational Objectives Mission / vision statements
MMTI Monthly Safety Meeting March Index MMTI Vision statement MMTI Values MMTI Mission Training Philosophy Marketing Slogan Non Conformances - March.
DIRECTION SETTING: VISIONS, MISSIONS, VALUES, AND OBJECTIVES
Business Ethics Chapter # 5 The Corporation & Internal Stakeholders
Enterprise Architecture HOW COMPANIES ARE EXPLOITING INFORMATION TO THROUGH IT.
Chapter 3 Designing a Competitive Business Model and Building a Solid Strategic Plan.
Chapter 1 Strategic Marketing Planning. COPYRIGHT © 2002 Thomson Learninc, Inc. All rights reserved.. Strategic Market Planning Identifying or establishing.
DGS Town Hall with Director Fred Klass October 3, 2011.
Building Human Resource Management SkillsNational Food Service Management Institute 1 This training is conducted by the National Food Service Management.
2-1 Figure 2.1 The Value Delivery Process V’s Approach to Marketing Define the value segment Define the value proposition Define the value network.
BUSINESS 7e Copyright 2004 Prentice Hall, Inc.1 CHAPTER 7 Organizing the Business Enterprise.
Strategic Management Introduction Kemal Birdir, Ph.D. Mersin University Turizm Faculty.
Vision, Mission, Strategy and Values. 2 Our Vision To be the world’s leading coatings company by consistently delivering high-quality, innovative and.
JANI AARTI En No:  By the end of this lecture, students should be able to: 1.Explain the functions of management 2.Define and explain strategy.
VISION Transforming lives through dedicated community service.
The Philippine Quality Award Program
What is a business Write down what you think the word business means. Then look it up and jot down 2-3 other definitions. To be “in business” means an.
DIRECTION SETTING: VISIONS, MISSIONS, VALUES, AND OBJECTIVES
Strategic direction Chapter 4.
MGT 498 TUTORIAL Success trials - mgt498tutorial.com
Policies and Planning Premises: Strategic Management
MGT 498 EDU Lessons in Excellence-- mgt498edu.com.
MGT 498 TUTORIAL Lessons in Excellence -- mgt498tutorial.com.
MGT 498 Education for Service-- snaptutorial.com
MGT 498 TUTORIAL Education for Service--mgt498tutorial.com.
Vision Mission Values VALUES STATEMENT
WEEK 2 The Business Vision & Mission
EXTERNAL AND INTERNAL CONTINGENCIES
What Should a Mission Do?
Chapter 2 The Business Vision & Mission
Managing the Business Enterprise
Chapter 2 The Business Vision & Mission
Presentation transcript:

Mission Statement The Vision Thing

Mission statement Defines the main purpose of the organization Explains what the company/business expects to do in the LONG RUN What the company is all about

Mission Statement Enables all in the org to share the same perspective Should be brief & general, but capture the essence of the company

Mission Statement Reason the org exists Products & services offered Clientele served Nature & geographic focus of business Areas of specialization

Which function of Mgmt? Planning Organizing Directing Controlling

When mgmt creates mission statement Forces the org to answer the questions like: –“What are we all about?” –“What do you want the org to do?” –“Where do you want to be?”

Examples Mission Statement of Pizza Hut “Increase our share of the pizza market and be a leader in the fast food industry”.

Service Corporation Int’l. SCI is dedicated to compassionately supporting families at difficult times, celebrating the significance of lives that have been lived, and preserving memories that transcend generations, with dignity and honor.

Carriage Services We are committed to being the most professional, ethical, and highest quality funeral and cemetery service organization in our industry.

Stewart Enterprises Stewart Enterprises, Inc. is a leader in the business of providing death care products and services through the ownership, development and operation of funeral homes and cemeteries and through its commitment to growth, quality, value and service.

Goals & Objectives Necessary to maintain focus on the Mission Statement Develop an overall goal. Define w/ 2-3 key objectives.

Goals Broad statements of what org wishes to achieve Basic plan/direction Intended as motivational Often w/o specific time period

SCI goals Integrity | Respect | Service Excellence | Enduring Relationships Celebrating life with dedication, excellence and innovation

Objectives Specific statements Time oriented Measurable Used for evaluation (Best when in writing!)

Objectives Criteria for measuring progress. Create implementation and measurement strategies. include timetables and action plans to support objectives.

examples Objectives for 2010 Add 3 new firms Update the website to add interactive funeral planning Implement ‘green funeral’ options