the case is : Evaluating Vision and Mission Statements at PepsiCo for questions
ID: 342932 • Letter: T
Question
the case is : Evaluating Vision and Mission Statements at PepsiCo for questions , below summarizes the key characteristics of ideal mission and vision statements
. Use the Y/N under each statement to indicate whether each of the features is present, or not, in the mission and vision statements of PepsiCo.
the mission , our mission to be the worlds consumer products company focused on convenient foods and beverages. we seek to produce financial rewards to investors as we provide opportunites for growth and enrichment to our employees, our business partners and the communities in which we operate. and in everything we do , we strive for honesty fairness and integrity.
the VISION:pepsi co is responsible continuously responsible to improve all aspects of the world we work in. environment, social, economic, creating a better tomorrow than today, our vision is to environmental stewardship. activities to benefit society and a commitment to build shareholder value by making pepsi co a truly sustainable company.
questions:
1- summarize the organizaiton most important reason for its existence,The vision statement of future operations
- 2characteristics Y/N for the below statements based on the above mission and vision:
1-basic product/service to be offered does what primary markets of cusotmers groups to be served
2-uniqu benefit , features and advantages of products/services with what benefit
3-technology to be used in production or delivery
4-fundamental concern for survival through growth and profitability
5-managerial philosophy of the firm
6-public image sought by organization
7-self concept of business adopted by employees and stock holders
8-brief so that employees can remember it
9-verifiable able to stand the reality test
10-bound by a timeline specifies a timeline for fulfillment of the various aspirations
11-current updated on an ongoing basis
12-focused lists a few 3-4 aspects of organizations performance that are improtant to future success
13-understandable written in a clear and straightforward maner so that they are understood by all employees
14-inspiring makes employees feel good about their organization direction and motivates them to help achieve the vision
15-stretch - goal not easity attained
answer questions
1. Characteristics Y/N Mission statement— Summarizes the organization’s most important reason for its existence. Vision- Statement of future aspirations Basic product/service to be offered (does what) Primary markets or customer groups to be served (to whom) Unique benefits, features, and advantages of products/services (with what benefits) Technology to be used in production or delivery Fundamental concern for survival through growth and profitability Managerial philosophy of the firm Public image sought by the organization Self-concept of business adopted by employees and stockholders Brief—so that employees can remember it Verifiable—able to stand the reality test Bound by a timeline—specifies a timeline for fulfillment of the various aspirations Current—updated on an ongoing basis Focused—lists a few (3 to 4) aspects of the organization’s performance that are important to future success Understandable—written in a clear and straightforward manner so that it is understood by all employees Inspiring—makes employees feel good about their organization’s direction and motivates them to help achieve the vision Stretch—goal not easily attained
2. How do the mission and vision statements relate to the eight characteristics of an ideal mission statement and the eight characteristics of an ideal vision statement? What are the gaps? 3. How useful are the mission and vision statements of PepsiCo in terms of linking organizational priorities with individual and team performance? In creating such a linkage, which ideal mission/vision statement characteristics (shown in the table above) seem to be more important than others? What other places might the HR department at PepsiCo look for information regarding how to more effectively cascade firm-level strategy to each individual’s goals?
3-based on pepsico mission is to be the worlds consumer products company focused on convenient food, vision is responsibility to continuously improve all aspects of the world in which we operate, environment, social , economic creating a better tomorrow than today, to put into actions focus on environment, activities to benefit society, and commitment to build shareholder value to making pepsico a truly sustainb;e compan
THE CASE IS only use the mission and vision statement to answer the questions, whether the vision and mission of pepsi co is representing what the question asks
first we need to put yes or no on each statement
then answer the below 3 questions
Explanation / Answer
1- summarize the organizaiton most important reason for its existence,The vision statement of future operations
The organizations most important reason for existence is to improve all aspects of the world we work in and to benefit the society through convenient foods and beverages.
2
characteristics Y/N for the below statements based on the above mission and vision:
1-basic product/service to be offered does what primary markets of cusotmers groups to be served : Y (As they target the world consumers)
2-uniqu benefit , features and advantages of products/services with what benefit : Y (Convenient food and beverages)
3-technology to be used in production or delivery : N
4-fundamental concern for survival through growth and profitability : Y ( By growth of employees and partners)
5-managerial philosophy of the firm : Y (honesty fairness and integrity.)
6-public image sought by organization : Y (environmental stewardship, honesty fairness and integrity)
7-self concept of business adopted by employees and stock holders : Y (Growth of each stakeholders mentioned)
8-brief so that employees can remember it : Y
9-verifiable able to stand the reality test: N
10-bound by a timeline specifies a timeline for fulfillment of the various aspirations : N
11-current updated on an ongoing basis : N
12-focused lists a few 3-4 aspects of organizations performance that are improtant to future success : Y (Growth, sustainability and employee and partner enrichment)
13-understandable written in a clear and straightforward maner so that they are understood by all employees : Y
14-inspiring makes employees feel good about their organization direction and motivates them to help achieve the vision : Y (Is motivating and has social causes one feels proud about)
15-stretch - goal not easity attained : N (Not mentioned)
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