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Vision Statement
Describes what the company wants to achieve and where it wants to go in the future.
graphic
directional
focused
flexible
feasible
desirable
easy to communicate
Characteristic of Effectively Worded Vision Statements
graphic
this vision projects what kind of company it aspires to be
directional
this vision is the path company wants to go and specific plans in the future
focused
this vision is specific to managers to be properly guided on what to do with resources and strategies
flexible
this vision allows room for managers to change based on market situations
feasible
this vision is achievable and realistic
desirable
this vision is clear on whyy the path is sensible and serves the interests of members in the long run
easy to communicate
this vision is easy to understand, articulated, and simplified
mission statement
describe a company’s reason for its existence, identifies products and services, and presents unique identity from competitors