Question

In: Operations Management

You are getting together to start a company that sells widgets for consumer products. As part...


You are getting together to start a company that sells widgets for consumer products. As part of the management team, you need to write a memo that shares the company vision with the employees and the public. Write a 200-word memo and submit it to the group chat for review.  

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Expert Solution

To: All the stakeholders

From: John Mathew, Managing Director

Date: March 4, 2018

Re: The vision on our new business for selling widgets

I am writing this memo to inform our stakeholders including employees and public on our new launch of business that sells widgets for consumer products. We are starting our new venture with great expectations and we require the support from all of the employees as well as people from the society to ensure success.

Our vision is to become the number one provider of high quality widgets in the next two years with annual revenue of over one million.

It is not possible to achieve the vision without your support as the customer satisfaction is a major success factor in any new business venture. We expect our employees to work with full potential and help the organization in its journey towards the vision. Our business solely depends upon customer satisfaction and our key focus would be to ensure quality products to the customers at reduced cost.

We would anticipate creative discussions on the vision statement and your reviews on the same. Please provide your feedbacks on our vision and all the stakeholder feedbacks are valued.

Thank you for your time and expecting the support from all the stakeholders in our new business.


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