In: Operations Management
Describe the difference between a vision statement and a mission statement. What is the purpose of each statement? Provide an example of a strong vision and mission statement used by an organization today. What qualities do these have that make them strong statements?
In the simplest sense, we can say that the main difference between a vision and a mission statement underlies in their use and assumptions as well as the fact that both are represented and accomplished in a different time frame. A mission statement can be used to understand what a company is doing currently, their day to day processes while a vision statement represents what they stand for, what it is they want to achieve it and what would it look like once they have. The vision statement is used as a tool for setting the organization's culture as well as provide the understanding of the working of the company while a mission statement can be regarded as a management tool which makes use of all the present variables in order to effectively represent what the company is doing right now to achieve their goals.
For example:
Google’s vision is to organize the world’s information and make it universally accessible and useful.
While their mission includes pioneering technology, promoting technology as well as implementing them in order to create the best possible functions for their customers as well as the general population.