Preview

Vission, Mission&Core Values

Good Essays
Open Document
Open Document
1717 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vission, Mission&Core Values
What makes the truly exceptional companies different from the other companies? How can Disney get 38,000 employees to operate as one, to react to thousands of different situations a day – yet consistently? How did Dee Hock create an entirely new type of organization, VISA, which now dominates financial transactions across the world with a seamless service? Vision, mission & core values, which are aligned through all recruitment, training, controls and decision making. Developing a vision, mission and values is the foundation for long term success. If a vision and mission is recognized by all stakeholders and affects every hiring, strategic decision and communication; its effect can be magic. Developing a vision, mission and values is a serious business. It takes time and commitment, but it is worth it.
The vision, mission &core values answer three critical questions: "What?" "Why?" and "How?"
Vision
Vision is the "WHAT?" The picture of the future we seek to create.
Vision is a short, succinct, and inspiring statement of what the organization intends to become and to achieve at some point in the future, often stated in competitive terms. Vision refers to the category of intentions that are broad, all-intrusive and forward-thinking. It is the image that a business must have of its goals before it sets out to reach them. It describes aspirations for the future, without specifying the means that will be used to achieve those desired ends.
The corporate success depends on the vision articulated by the chief executive or the top management. For a vision to have any impact of the employees of an organization it has to be conveyed in a dramatic and enduring way. The most effective visions are those that inspire, usually asking employees for the best, the most or the greatest. Make sure you keep stretch in your vision, communicate it constantly, and keep linking the events of today to your vision, underscoring the relationship between the two.
Warren Bennis, a noted

You May Also Find These Documents Helpful

  • Powerful Essays

    It should answer the question “where are we going. [B]” Ideally, a vision statement will describe the best outcome the organization intends to achieve. It should give detail of the strategic course management is taking and how it will lead the company into the future.…

    • 1350 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Ethos Pathos Logos

    • 271 Words
    • 2 Pages

    The vision is what the company wants to become. A vivid and clear description of a bright future.…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Strategic Plan Part 1

    • 1090 Words
    • 5 Pages

    “A vision statement is sometimes called a picture of your company in the future but it’s so much more than that. Your vision statement is your inspiration, the framework for all your strategic planning. A vision statement may apply to an entire company or to a single division of that company. Whether for all or part of an organization, the vision statement answers the question, "Where do we want to go?" What you are doing when creating a vision statement is articulating your dreams and hopes for your business. It reminds you of what you are trying to build” ("Vision Statement," 2013).…

    • 1090 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Mgt 527

    • 655 Words
    • 3 Pages

    A vision can mean the ability to anticipate possible future events and developments. In business, a vision statement is used along with a mission statement to further guide, inspire, and provide direction to the organization and its employees. Further, vision and mission statements are paramount to the future growth and success no matter what kind of business you’re doing. As a Business Consultant, one must have ultimate vision and mission statement that could deliver its purpose and values to the organization, and it could describe why you are different to your competitors. Clear and concise vision and mission statement can easily motivate the direction of the organization and can effectively convey your intentions to come up with an attractive and exciting common vision of the future.…

    • 655 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Capstone

    • 756 Words
    • 4 Pages

    priorities while challenging employees to growth. It 's important that the vision statement be compelling…

    • 756 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Module 8

    • 485 Words
    • 2 Pages

    Most companies undercommunciate their visions by at least a factor of 10. A single memo announcing the transformation or even a series of speeches by the CEO and the executive team are never enough. To be effective, the vision must be communicated in hour-by-hour activities. The vision will be referred to in emails, in meetings, in presentations – it will be communicated anywhere and everywhere.…

    • 485 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The vision “invites entrance” into the future through the committed efforts of leaders and constituents. A vision is congruent with the organizational mission; working toward accomplishing a vision is taking a step closer to the mission. The vision provides leaders and constituents with a purpose to work toward: a preferred future. The vision becomes a tool to incorporate the moral and social responsibility of the leader, constituents, and the organization. The moral ends that people commit to achieving become a valued and meaningful purpose for work. The personal commitment and ownership in the organization’s vision transforms the experience of work from a job to a…

    • 790 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Vision statements are used to describe future goals or as of an organization (Marquis & Huston, 2012, chap. 7). I currently work for Sentara Healthcare. Sentara is the largest integrated health care provider in the region, servicing more than two million residents in southeastern Virginia and northeastern North Carolina. Our mission: we improve health every day. Our vision: is to be among the best healthcare providers in the country, so we strive for top 10 percent rankings in all areas where care, quality and service are considered. Our…

    • 778 Words
    • 4 Pages
    Good Essays
  • Good Essays

    A vision statement represents the overall goal or purpose of the organization and is described with a global or high level order of words. The statement should be original and peculiar to the organization written in concise terms that are both attractive yet realistic. These statements represents the ideal state of affairs, identifying the future position of the business that the staff are committed to. As for the Walt Disney Company, the vision statement is “ To Make People Happy”. Note that the statement is concise yet broad in its intent. Some might argue that the vision is too broad in nature and difficult if not impossible to measure. Never the less, it represents the global direction of that company, in this case the Walt Disney Company.…

    • 648 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This defines what a company will do to achieve its vision. It may include the company’s functions, goals and philosophies…

    • 1070 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    The view may differ from organization like some organization’s mission may be profit oriented while the other have a focus on customer satisfaction which eventually lead to profit making. Vision is the direction in which the organization want to move forward while sticking to some values like commitment to integrity, openness and transparency. A mission and vision are important as they help to build the strategic planning, provide inspiration to employee and make them align their goals towards the goals of the organization as the organizations with a shared goal are more successful than that of having deviated ones.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    managmet

    • 1197 Words
    • 5 Pages

    Vision: A future that one hopes to create or achieve in order to improve upon the present state of affairs…

    • 1197 Words
    • 5 Pages
    Good Essays
  • Best Essays

    A vision is a statement of what the business wants to achieve in the future and its objectives and goals.…

    • 4397 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    In this article authors presents the importance of vision statement and framework that help any organization in order to achieve successfully and all stakeholders involved focus for targeting common goals. It also shows the importance and need of framework that’s required for organization vision. Most of the organizations focus on vision in order to fulfill their mission statement. Normally all of these vision or mission statements contain so many inspirational words that attract not only employees but outsider investors as well. Organization Vision is something is that’s required compelling, guiding force for mission statement.…

    • 1103 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Personal Core Values

    • 628 Words
    • 3 Pages

    Supporting the vision, shaping the culture and reflecting what the company values are core values. Hence, defining them is imperative in creating your vision statement. Job satisfaction, ethics, job performance, job contributions, all shared values, can create a legacy for your company (Kellerman, 2010) enabling it to continue to thrive. A vision statement is a picture of how you want business to be, the future you are working to create, what…

    • 628 Words
    • 3 Pages
    Good Essays