Accepting the mission

Article Abstract:

An effective mission should involve collective learning among all employees where each would understand the purpose of the organization. Initially, becoming a 'mission-driven' organization would require each person in the organization to have knowledge of and understanding of the mission to be able to harness the entire organization's collective energy and intelligence and direct them toward the mission's goals. An organization can help its employees understand its mission by communicating it clearly and regularly and by urging leaders to express it through their behaviors.

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Mission possible

Article Abstract:

Mission statements have evolved as one of the most widely used management tools over the past years. However, only a few companies have actually made the best use of them. In order to harness the benefits of mission statements, managers must be able to ensure a high level of satisfaction associated to it. The statement must also evidently reflect an enterprise's purpose and reason for existence. It must also be noted that a mission statement be developed within the means of an organization's reach and made familiar with all the its key employees.

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Mission matters

Article Abstract:

Business enterprises that are seeking to achieve management efficiency and optimal transaction results must adopt mission statements based on various performance parameters, including purpose, value, competitive strategy and others. Entrepreneurs may be able to make the best use of their mission statements only if they embody the company's long term objectives and satisfy the varying needs of every stake holder groups. It is equally important for mission statements to be encouraging and inspirational.

Investor Relations, Analysis

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