Greetings
to all readers of this blog, it is quite long to update this blog
because of time constraints is not enough, so I am best of my ability to
complete this blog in time as possible to complement the individual assignment will end soon. Ok,
not to lengthen again, I try to finish my work, which I will set up a
short note to the second chapter, which Charting a Company's Direction:
Its Vision, Mission, Objectives, and Strategy.
Mission statement
- a declaration of an organization’s “reason for being.”
- answers the pivotal question “What is our business?”
- essential for effectively establishing objectives and
formulating strategies
- reveals what an organization wants to be and whom it
wants to serve
- Also called a creed statement, a statement of purpose, a
statement of philosophy, a
statement of beliefs, and a statement of business
principles
In
the second chapter , we will learn and understand Charting a Company 's
Direction : Its Vision , Mission , Objectives , and Strategy why it is
important for company managers have a clear strategic vision of where
the company should be headed and why .Moreover,
when we know detail, we will also know the importance of setting the
strategic and financial objectives and understand why strategic
initiatives taken at various levels of the organization must be tightly
coordinated to achieve a company-wide performance targets .Therefore,
we need to recognize what companies need to do to achieve operational
excellence and to implement an efficient strategy if we understand
correctly what is emphasized in this chapter , and we will also
recognize the role and responsibilities of the board of directors in
overseeing the strategic management process.Thus,
although overall this is quite short , but the content is quite dense
with knowledge in general, if there is less to my statement , it is
hoped to be excused for this just to learn yet another to the extent
that more advance .
Thank you ,
Thank you ,
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