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Mintzberg defines a mission as follows: A mission describes the organization’s basic function in society,in terms of the products and services it provides.

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Presentation on theme: "Mintzberg defines a mission as follows: A mission describes the organization’s basic function in society,in terms of the products and services it provides."— Presentation transcript:

1 Mintzberg defines a mission as follows: A mission describes the organization’s basic function in society,in terms of the products and services it provides for its customers.

2 Mission The organization’s reason for existance

3 Purpose Why the business exists Values What management Believes in Standards & Behaviours The rules that guide How the business operates Strategy & Scope What business and how A clear business mission should have each of the following elements:

4 A company’s mission is concerned with: Who we are What we are What we do Why we are here

5 A mission statement focuses on current business activities --“who we are and what we do”–Current product and service offerings–Customer needs being served– Technological and business capabilities A strategic vision Concerns a firm’s Future business path --“wherewe are going”– Markets to be pursued –Future technology- product-customer focus –Kind of company that management is trying to create

6 Company’s present products Company’s present services Types of customers it serves Technological and business capabilities A mission statement usually provides information about:

7 To Refresh the World...in body, mind, and spirit. To Inspire Moments of Optimism...through our brands and our actions. To Create Value and Make a Difference...everywhere we engage.

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9 Ford will democratize the automobile" Ford Motor Company (early 1900's)

10 Oasis Ford t-model

11 "Become the company most known for changing the worldwide poor-quality image of Japanese products" Sony (early 1950's)

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13 Boeing (1950) "Become the dominant player in commercial aircraft and bring the world into the jet age"

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15 Google's mission is to organize the world's information and make it universally accessible and useful.

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17 Ben & Jerry’s Ice Cream: "To make, distribute & sell the finest quality all natural ice cream & euphoric concoctions with a continued commitment to incorporating wholesome, natural ingredients and promoting Business practices that respect the Earth and the Environment

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21 Sun Microsystems: Solve complex network computing problems for governments,enterprises, and service providers

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23 Our mission is to provide any customer a means of moving people and things up, down, and sideways over short distances with higher reliability than any similar enterprise in the world Otis Elevator

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25 Pass the Mother Test A mission statement must be a concise paragraph describing what your company does and for whom. Show your mission to your mother, if she does not understand it, start again. Self-Igniting: Your mission is for you and your business. It does not have to be an earth moving statement. It can be whatever inspires you. Value Alignment: Forget the money. A meaningful mission goes beyond the dollars and cents. If your small business is creative, focus your mission on creativity. Try to be what your core competency is. 3 Keys of Meaningful Mission Statements

26 Making profit is the obvious intent of every commercial enterprise, and mission statements structured around making a profit reveal nothing valuable about a company’s business or the market arena in which it operates. Warning


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