Professional Documents
Culture Documents
The Business Vision & Mission: Strategic Management: Concepts & Cases 13 Edition Fred David
The Business Vision & Mission: Strategic Management: Concepts & Cases 13 Edition Fred David
The Business Vision & Mission: Strategic Management: Concepts & Cases 13 Edition Fred David
Strategic Management:
Concepts & Cases
13th Edition
Fred David
Vision
Clear Business
Vision
Comprehensive
Mission Statement
Mission Statement
Reveals:
what the organization wants to be
whom we want to serve
Mission Statement
Creed statement
Statement of purpose
Statement of philosophy
Statement of beliefs
Statement of business principles
A statement “defining our business”
Vision & Mission
Consolidate values
to responsible action
Declaration of
Attitude
Broad
Broadin
inscope
scope
Generate
Generatestrategic
strategicalternatives
alternatives
Not
Notoverly
overlyspecific
specific
Reconciles
Reconcilesinterests
interestsamong
among
diverse
diversestakeholders
stakeholders
Finely
Finelybalanced
balancedbetween
between
specificity
specificity&&generality
generality
Declaration of
Attitude
Arouse
Arousepositive
positivefeelings
feelings&&
emotions
emotions
Motivate
Motivatereaders
readersto
toaction
action
Generate
Generatefavorable
favorableimpression
impression
of
ofthe
thefirm
firm
Declaration of
Attitude
Reflect
Reflectfuture
futuregrowth
growth
Provide
Providecriteria
criteriafor
forstrategy
strategy
selection
selection
Basis
Basisfor
forgenerating
generating&&
evaluating
evaluatingstrategic
strategicoptions
options
Dynamic
Dynamicin
innature
nature
Products or
Services Markets
Customers
Mission Technology
Employees Components
Survival,
Growth,
Public Profits
Image
Self-Concept Philosophy