Question

Discuss the 3 things that are important for an organisation.

Answer 1

Company Vision

A vision is a mental picture of the future that an organization wants. More than just a goal, a vision is an embodiment of what the future may hold for an organization. In any business, having a clear vision is an essential and powerful tool to achieve the results that it wishes. A vision is important since it unifies the organizational elements towards a common purpose or interest. It is important to create an enthusiastic and goal-oriented workplace.   

Company Mission

Mission statements are an important navigational tool that is beneficial in assessing the future of a company. By identifying the purpose of the organization, it is easier to understand the goals that the company needs to accomplish. Once these goals are determined, the team can develop an efficient strategy. This foundation is necessary to build the organization from scratch and ensure its stability and success. Therefore, the mission statement can also be called as the bedrock of any organization.

Company Values

The values of a company are an important aspect of an organization. This is because an organization is not merely the activities it conducts on a daily basis but also comprises the ways in which it conducts it. Therefore, it is important for an organization to focus on its values and work with honesty, integrity and hard work. An employee as well as the customers of an organization inspect these aspects before associating themselves with it and they also try to understand how these values match up with their own. A special focus is also put on the actions that a company takes to safeguard the environment and build an eco-friendly atmosphere.