Question

Discuss how clear vision and mission statements can benefit other strategic-management activities.

Answer 1

Clear vision and mission statements can benefit other strategic-management activities due to followings factors;

1. Clear vision and mission statements are very helpful for all managers in making clarity of the objectives. Hence other strategic-management activities go smooth.

2. Clear vision and mission statements make base for all other strategic-management activities by establishing better organizational structure, by proper allocation of resources, by proper evaluation of performance, by developing relevant strategies etc.

3. Clear vision and mission statements give clear directions for the management and other employees thus strategic-management activities will go smooth.

4. Clear vision and mission statements are very helpful in achieving synergy amongs various managers hence it will helpful in other strategic-management activities.

5. Clear vision and mission statements are helpful in bringing co-ordination and co-operation amongst various divisions or management.

6. Clear vision and mission statements are helpful in mantaining motivated work environment which is needed to boost other strategic-management activities etc.