Core values: vision
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Q1: What is the role of core values in developing things like vision, mission, and goals?
Q2: Differentiate core ideology from envisioned future.
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Solution Summary
This posting discusses ideology and core values.
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1. The role of core values is to guide a business on how to allocate resources, develop, and make key decisions. The core values play a pivotal role in forming the mission which enshrines the objectives of the company and its approach to achieving its objectives. The core values or closely held beliefs also play an important role in the formation of the vision statement. The core values are important for describing the future position of the company (a). Every company ...
Education
- MBA, Indian Institute of Social Welfare and Business Management
- BSc, University of Calcutta
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