Question

a strategy captures and communicates how vision and mission will be achieved and which goals and objectives show that the organization is on the right path to achieving them.”

What negative consequences can emerge when vision, mission, or values contradict strategy? Name a time where you believe strategy was not aligned with vision, mission, or values. How can leaders ensure that strategy matches the vision, mission, and values?

min 250 words o more

Answer 1

a. There is a much stronger relationship among Vision, Mission, and Strategy and these three should be synchronized with each other to achieve the organization's end goals. The objective of strategy to define different ways or methods that will help the organization to align its mission with the vision of the organization. If there is no Vision or Mission statement of the organization framed, then there would be no goals with the organization to be achieved by its business and operations. Strategies include short term and long term business goals that have to be achieved by the organization.

But many times organizations avoid its vision, mission, and values and form different strategies that are not matched with their vision and mission statements due to some different opportunities available in the market and start working to create value from that opportunity. But when the organization does not follow its value and actual goals they are not able to sustain with new business opportunities and become unsuccessful in their journey. They will repeat the same mistake again and again when they find different opportunities but they are not concentrating on the problem and providing solutions for the purpose they form the organization, but trying to achieve different goals. In these ways, they will not be able to sustain in the market and will become an average company the same as others. Soon they will lose resources, money, team, and motivation in their business, and many a time companies are closed due to these reasons.

b. One of the best examples where strategies did not meet with its vision and mission is Nokia's failure. Nokia's vision was to connect people with its devices and as per the vision statement, they wanted to create, build, and encourage people to communicate and create a world where everyone is connected. But Nokia failed to understand that data is important to communicate not the strong hardware and keep focusing on hardware building and did not accept the android technology at that time. Nokia was facing issues of the bad operating system with less user experience that did not fit the market. In this case, Nokia did not strategize with respect to its vision statement that is to connect people and failed due to non-alignment of its strategies with vision, mission and its value.

c. It is very essential and important to build strategies that support its mission, vision, goals, and value of the organization. And this is the main goal of leaders who are building vision and mission. The vision, mission, value, and strategies to achieve all these should be prepared by the same team who understands the business value and know what does the organization wants to achieve. Leaders have to choose what to do and also what not to do to achieve their goals. There should be a strong relationship between mission and its strategies to achieve that mission. The company vision is a stable and relevant statement of the organization irrespective of changes in technology, team, competition, and challenges. So that strategies should be prepared in keeping mission in mind as mission could be short term or long term and will follow once the best strategies are formed to achieve that.

Leaders and other stakeholders responsible for building strategies should be aware and understand the actual meaning of its vision, mission, or value of the organization and ensure that the strategies are formed that follows the way to reach its vision. All the stakeholders, employees, and other people in the organization should be explained its vision, mission, and values of the organization, and then work should be allocated as per their skills and experience. This is the leader's responsibility to track the strategies whether they are performing well as per the plan or required alteration or updates with them.