A Vision Statement is the motivation and framework of a corporation's strategic planning and unlike the mission statement it focuses on the company's future rather than the here and now. The purpose of a vision statement is to remind the owner, partners, employees, and investors what they are trying to achieve and it can be applied to either the entire corporation or even just a single division within. It compiles all of the company's hopes, dreams and future goals, concentrates on what exactly the organization wants to be and provides very clear decision-making criteria on how to reach that objective.
Company Mission Statement/Vision Statement
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A vision statement looks into the future at least five years and defines a desired future state of the company. A mission statement defines what a company currently does, and how it plans to achieve its vision.
Panera Bread's vision statement is "A loaf of bread in every arm.". This is a slogan that the company adopted as their vision and mission statement in 2011.
Alcoa utilizes the vision statement rather than the mission statement.Their statement is: At Alcoa, our vision is to be the best company in the world.
Nike is a famous footwear manufacturing company. Their vision and mission statement is, "To bring inspiration and innovation to every athlete in the world."
HSBC's vision is to be the world's leading financial services company.
Each company will have a vision and mission statement particular to itself, and that is based on the company's specific goals and objectives. Thus, there in no standard vision and mission statement for all companies even within a general area.
The Bajaj Company does not have an actual mission or vision statement. However, they focus on product innovation and establishing benchmarks to keep their customers happy.
It would be the company's vision statement.
mission statement
The vision statement of General Electric or GE is "We bring good things to life." The company however has the mission and vision of each of its segment in the industry.