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  • Mission Statement of Top 5 Companies of The World

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    The document lists the mission statements of top 5 companies worldwide such as Mark and IBM, and also provides the mission statements of IIPE and Kharagpur. It discusses that mission statements help develop strategies to achieve balanced goals, and strategic planning requires both qualitative and quantitative assessments. The document also outlines some basic differences between shareholders' equity and loan funds in terms of claims, tax treatment, lifespan, and level of control over the company.

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    project engg management

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    Notes 14

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    The document lists the mission statements of top 5 companies worldwide such as Mark and IBM, and also provides the mission statements of IIPE and Kharagpur. It discusses that mission statements help develop strategies to achieve balanced goals, and strategic planning requires both qualitative and quantitative assessments. The document also outlines some basic differences between shareholders' equity and loan funds in terms of claims, tax treatment, lifespan, and level of control over the company.

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    10 views2 pages

    Mission Statement of Top 5 Companies of The World

    Uploaded by

    bharat
    The document lists the mission statements of top 5 companies worldwide such as Mark and IBM, and also provides the mission statements of IIPE and Kharagpur. It discusses that mission statements help develop strategies to achieve balanced goals, and strategic planning requires both qualitative and quantitative assessments. The document also outlines some basic differences between shareholders' equity and loan funds in terms of claims, tax treatment, lifespan, and level of control over the company.

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    of 2

    5th October, 2020

    Mission statement of top 5 companies of the world

    Examples:

    1. Mark: one of the largest thermochemical company


    Mission statement :to preserve and improve life
    2. IBM:
    Mission statement : to achieve value added leadership position
    3. Mckinsey:
    Mission statement :to help living corporations and governments to be more successful
    4. Ranbaxy:
    Mission statement : to be a research oriented international pharmaceutical company
    5. HDFC:
    Mission statement : to develop close relationships with individual households, maintain position
    as the premier housing financial institution in the country, transform ideas into viable and
    creative solutions

    Assignment: by 6th October

    Mission statement of IIPE

    Mission statement of Kharagpur: dedicated to the service of the nation

    Mission => strategy => capital margin

    Mission help to develop a strategy

    Objective of strategy planning: achieve a balanced goal structure

    Responsibility: it is the internal body: (corporate lab body) and external body:(Consultant)

    For Strategic planning: You have to have a very good qualitative assessment (subjective information)and
    rigorous quantitative planning [Finance department, investment banker ,( NPV, IRR, payout) ]
    Basic difference between shareholders fund (equity), loan funds(debt): (pg 654)

    Equity Debt
    Equity share holders have a residual claim on the Creditors (supplier of debt-bank) have a fixed
    income and the wealth of the fund claim in the form of interest and principal
    payment
    Dividend pay to equity shareholders is not a tax Interest paid to creditors may be a tax deductible
    deductible payment payment
    Equity ordinarily has an indefinite life: Debt has a fix maturity
    (equity is not for 1 year validity, we can sell it at
    any time- like as long the company is in business
    we can sell the share)
    Equity investors enjoy the prerogative(power) to Debt investors play a passive role, they do not
    control the affairs of the fund control the affairs of the company

    Key factors in determining the debt, equity ratio:

    To be continued on the next class…..

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