Question

Explain the process of developing a mission statement.

Answer 1

Solution:- The process of developing a mission statement in noting but implementing your organization's vision.A good mission statement is useful tool for well-run business. It’s the “why” of business strategy.A mission statement define a company's goals in three important ways: It defines what the company does for its customers. It defines what the company does for its employees. It defines what the company does for its owners.Some of the best mission statements also extend themselves to include fourth and fifth dimensions: what the company does for its community, and for the world.Developing your company’s first mission statement, or writing a new or revised one, is your opportunity to define the company’s goals, ethics, culture, and norms for decision-making. The daily routine of business gets in the way sometimes, and a quick refresh with the mission statement helps a person take a step back and remember what’s most important: the organization has a purpose.These statements explain your group's aspirations in a concise manner, help your organization focus onwhat is really important, and provide a basis fordeveloping other aspects of your strategic plan. This section provides a guide for developing and implementing your organization's vision and mission statements.