A Study of Vision, Mission and Objectives of different organizations. By Sachin Jaiswal Swapnil Jaiswal.

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Presentation transcript:

A Study of Vision, Mission and Objectives of different organizations. By Sachin Jaiswal Swapnil Jaiswal

Definitions Vision Mission Objectives

Vision & Mission Statements Massachusetts Division of Banks Pepsi co Ohio Division of Hazardous Waste Management Atlanta Web Printers,INC Dell computers

What is Our Business? By Peter Drucker

Vision versus Mission

The Process of Developing a Mission Statement

Components of Mission Statement Customers Product or service Market Technology Concern for survival, growth and profitability

Philosophy Self-concept Concern for public image Concern for employees

Importance of Vision and Mission Statements To ensure unanimity of purpose within the org. To provide a basis, for allocating organizational resources To establish a general tone or organizational climate

To serve as a focal point for individuals To facilitate the translation of objectives To specify organizational purposes

Objectives Long term Corporate level Divisional level Functional level Short term

Financial V/s Strategic objective The balanced scorecard concept THANK YOU !