Question

How does a company's mission influence the allocation of resources and alignment of operations?

Answer 1

Company's Mission defines their reason for being in a specific business. The goals are where the firm wants to reach. Then company makes strategy that how they can achieve their mission and goals. Accordingly they allocate the resources for the businesses to make their strategy successful. The operations are the final implementation part of the business and its mission therefore it influences alignment of operations.

The goals of the company are set in its vision and mission statement and then a detailed plan is made that how step by step company will execute its plan and achieves its goals. After that it come the implementation of the strategic planning of the company by allocating the resources, assigning the responsibility and fixing the accountability. Finally, the mission of the organization helps it in their operational plans as it helps to achieve final outcome of the company.

For example; an organizations' mission includes quality product or services to its customers at optimum price for higher customer satisfaction and maximization of shareholders profit. This mission of the company influences the allocation of resources in such a manner so that company can achieve best possible quality as well as efficient operations to accomplish optimal price and quality of product or services.