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Relationship of Mission, Vision, and Value Statements

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What is the relationship among the mission, vision, and value statements to an organization's sustainability? Provide an example from your career experience of how this relationship benefits the organization.

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Response guides on mission, vision, and value statements

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Mission, vision, and value statements
What is the relationship among the mission, vision, and value statements to an organization's sustainability? Provide an example from your career experience of how this relationship benefits the organization.

A Mission statement tells you the fundamental purpose of the organization. It defines the customer and the critical processes. It informs you of the desired level of performance. (Answers Corporation, 2010).Hence Factors influencing Mission statement are:
? Stakeholders
? Internal resources and Power
? Values of top management
? Past development of firm
Mission statement should clearly define the organization's products, markets and function (Technology and Processes. )

A Vision statement outlines what the organization wants to be, or how it wants the world in which it operates to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria. (Answers Corporation, 2010). A vision is more encompassing. It answers the question, "What will success look like?" It is the pursuit of this image of success ...

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