Conduct research on the vision statements of organizations. Find a vision statem

Question

Conduct research on the vision statements of organizations. Find a vision statement that you feel provides an engaging picture of the future of an organization of your choice and has enough detail that others can relate to it in a meaningful way. Write a paper of 750-1,000 words and address the following:

Explain the difference between a vision statement and a mission statement.

Explain how the vision statement you chose is appropriate for the organization.

Describe why having an appropriate vision can help an organization.

Does the vision statement encourage organizational change? Why or why not?

What is the current vision statement and how would you improve the vision statement for the organization you chose? What is the rationale for your recommendation?

Note that some organizations may use the term “vision statement,” while others may use language such as “our vision” or simply “vision.”

MAKE SURE TO INCLUDE REFRENCE OF WHERE YOU RETRIEVED INFORMATION AND PLEASE INCLUDE INTEXT CITATION. ALSO HOW YOU RETRIEVED IT BY INLUDING THE WEBSITE PAGE. THANK YOU

Explanation / Answer

one company should have vision, it is like an ambition to an individual, a vision to a firm. we can not expect an individual without an ambition, similarly a firm without a vision. vision narrowly expalins why the firm existed, and what strategies and steps it takes into consider to reach its vision.

vision is a narrow one and expalins its long term goal, where as a mission statement explains it into short term objectives. here i am explaining ITC vision and Mission for example:

vision of ITC: Sustain ITC's position as one of India's most valuable corporations through world class performance, creating growing value for the Indian economy and the Company's stakeholders

mission: To enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainable stakeholder value.

if you observe the vision statement it speaks about the company performance and the stakeholders value creation. it means it is considering all the requirements of all kinds of people.

yes, a vision statement helps the firm to change its goals and objectives and it works to achieve them. so, it is encourage the change also.

generally vision statements are in general descriptions only, they can not be specified. if they are specified or specific, it means that they gives priorities to somekind of people than others. it is not good for the firm, a firm has to consider all kinds of people and their priorities.

usually organisations use vision statement only, they can not use my vision statement.

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