...Mission and Vision Statement Analysis of Patagonia and Columbia Sportswear Patagonia Mission Statement: Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis. Columbia Sportswear Mission Statement: Design and deliver authentic, outdoor, high-value products for active consumers of all ages. Mission Statement Analysis Both Patagonia and Columbia Sportswear principle market sector involves outdoor apparel and equipment. Patagonia’s mission statement does not directly state what their product is but focuses more on the quality and impact of manufacturing on the environment. Based upon Patagonia’s annual report from 2013, the company has gone to endless measures to ensure they maintain their social responsibility as guardians of the environment. “[C]ause no unnecessary harm”, is reflected in one instance in 1996 when the company stopped using traditionally grown cotton in their clothing because of chemicals and pesticides used in growth. In 2001, founder Yvon Chouinard cofounded 1% for the Planet, a collective of organizations dedicating 1% of their sales to support environmental efforts. Patagonia consistently sets the bar for environmental awareness in business and manufacturing practices. As a consumer of their products for close to a decade, I can attest the “[b]uild the best product” is an accurate statement, comparative to other outdoor clothing producers. Even with “build the best product” as their...
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...City MERALCO Vision and Mission Submitted by: Maria Cathlyn Challie O. Genabe Submitted to: Prof. Jovita Polloso Date submitted: September 17, 2014 MERALCO: Vision and Mission MERALCO Vision statement To be a world-class company and service provider of choice Revised MERALCO Vision statement “To be a world-class distribution utility company and total energy solution provider of choice” The vision of an organization should answer the question on what the company wants to become. Although the vision of MERALCO states its goal to become a world-class company, it fails to identify the type of service the company provides or even, to which industry it belongs to. The vision statement is too vague and too general. The vision should be something that the management and the employees can identify with. Based on the existing vision statement, the company may have difficulty in drawing corporate strategies and work objectives. The revised MERALCO vision statement clearly identifies what the company wants to become and that is to be a world-class distribution utility company and total energy solution provider of choice. Although MERALCO is foremost a distribution utility, it does not negate the fact that it is also an energy solution provider that provides more services other than electricity distribution. MERALCO Mission statement To provide our customers the best value in energy, products and services. Revised MERALCO Mission statement “A total...
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...enchanted realms of fantasy and adventure, yesterday and tomorrow, in a magical place called Disneyland. Today that spirit of imagination and discovery comes to life in Hong Kong. Hong Kong Disneyland is dedicated to the young and the young at heart - with the hope that it will be a source of joy and inspiration, and an enduring symbol of the cooperation, friendship and understanding between the people of Hong Kong and the United States of America. —Michael D. Eisner and Donald Tsang, 12 September 2005 Hong Kong adalah lokasi Disney Resort kelima di dunia. Hong Kong Disneyland bertujuan untuk mewujudkan keajaiban hiburan kelas dunia untuk semua kalangan usia. Vision Statement Hong Kong Disneyland Resort is Asia’s premier resort destination creating magical memories for our guests, cast and community. Mission Statement Hong Kong Disneyland Resort inspires happiness and delivers a world-class experience through creativity, great leadership and a passionate cast. Komponen-komponen misi: 1. Customers Hong Kong Disneyland terbuka untuk semua kalangan usia. Mulai dari anak kecil hingga usia dewasa 2. Products / Services Pada dasarnya Hong Kong Disneyland memberikan layanan berupa atraksi dan hiburan, tetapi di samping itu juga turut serta menjual berbagai macam produk, seperti makanan dan minuman serta souvenir bertemakan tokoh-tokoh Disney. 3. Market Secara geografis, Hong Kong Disneyland terletak di Penny’s Bay, Lantau Island, yaitu pulau terbesar di Hong Kong...
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...1 Analysis of Vision and Mission Strategy Management Contents 1.ICICI BANK ............................................................................................................................................4 Analysis of Vision: ...............................................................................................................................4 2.BANK OF INDIA.....................................................................................................................................4 Analysis of Mission..............................................................................................................................4 3.CANARA BANK......................................................................................................................................4 Analysis of Vision ................................................................................................................................4 Analysis of Mission..............................................................................................................................4 4.GAIL......................................................................................................................................................5 Analysis of Vision ................................................................................................................................5 5.Infosys................................
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...Every organization has its own visions and missions. Organizational change management is inevitable to improve an organization’s strength. The speed of managerial change has not been measured in current years and sometimes it may be increasing. The fast paced and repeated improvement in skills is making changes to managerial structure. Strategic change initiatives provide the root to the strategic changes. “The Strategic Change Initiative allows individuals and organizations to discover the Great Hope. The Strategic Change Initiative is designed to respond to that Great Fear that can block our effective response in Times of Great Change” (Woll). A strategic change initiative is mainly built on the missions of the company. It is planned according to the organizational vision and it formulates the scheme which will promote a better change toward the organizational growth. The strategic change initiatives should be undertaken with a long period vision of the prospective outlook and this will be along with the mission reports and its whole objectives that will strengthen the organizational target. These initiatives will provide the way to attain organizational changes. 2. Application Analysis: The vision of the organization is connected with its existence and expertise. The mission will be according to the people’s life in the skills and products reasonable and simple to utilize. The application of this change management based on the vision and mission of the organization helps the...
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...knowledge, advise & courage to success the case study & as well as our lives also. Lastly, a special thanks to my family. I thank almighty, my parents, sister and friends for their constant encouragement without which this assignment would not be possible. Index Serial No | Chapter | Page No | 01 | Executive Summary | 04 | 02 | Literature Review | 05-09 | 03 | Introduction | 10-11 | 04 | The way the strategic management involve into this case study | 12-14 | 05 | Few appropriate models that suit this case study and demonstrate an accurate understanding of the business models used and relate them to this case study | 15-19 | 06 | Produce a clear analysis | 20 | 07 | Findings | 21 | 08 | Reflexive Report | 22 | 09 | Reference | 23 | Executive Summary Sanasa Development bank is a company duly incorporated under the Companies Act No. 17 of 1982 and registered under the companies Act No 07 of 2007. SDBL presently functions as a Licensed Specialized Bank under a banking license dated 21st August 1997 issued by the Central Bank of Sri Lanka. This bank is an outcome of a visionary leader Dr.Kiriwandeniya who initiated a world recognized movement SANASA. (Sekasuruwm ha nayaganudenu pilibada samoopakara samithiya)Growing up a devout Buddhist, he was naturally drawn to finding a “middle way”; he has always shown a capacity to find a practical but honorable...
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...crucial for an organization’s success: formulating company mission, conducting analysis on internal capabilities and assessment of the external environment factors influencing the company operations. This paper will begin the strategic planning process for ABC Financial Corporation. The paper will outline the ABC Financial Corporation's research approach that will be used for the strategic plan to validate vision statement as well as the sources that will be utilized in performing an external and internal environmental analysis. The organization’s vision statement “presents a firm’s strategic intent designed to focus the energies and resources of the company on achieving a desirable future” (Pearce II & Robinson, 2013, p. 34). The value of the mission statement “is its specification of the firm’s ultimate aims” (Pearce II & Robinson, 2013, p. 42). ABC Financial Corporation’s vision statement is “to be recognized for the unparalleled customer experience” (ABC Vision, 2013, para. 1). ABC’s mission statement reads “With our position of trust and our tradition of integrity, our shared mission is to know our customers and anticipate their needs; advocate and advise; innovate and surprise” (ABC Vision, 2013, para. 2). More important that[than?] what the mission and vision statements actually say is their alignment to chosen strategies and how they are validated. There are many ways in which a firm can validate its mission, vision, and value statements. The first is by developing and...
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...identify the following • How I intend to validate the organizational vision, mission, and values statements • Sources I expect to use to perform an external environmental analysis • Sources I expect to use to perform an internal environmental analysis (University of Phoenix, 2011, Week Two Supplement). Identifying a successful strategic plan for Kudler Fine Foods involves researching the company’s background, history, management styles, and various operational objectives. This also includes understanding the meaning of a company’s vision, mission, and values statements. They can define and guide an organization's future. An organization's vision statement defines possibilities and potentials of the company. Effectively it will explain the changes the organization will create and answer the question, “Why we are doing this?” It also expresses the objectives of upper management and allows employees to feel a sense of purpose. The firm’s intent is presented and centered on the future of the energies and resources of the company (Gottlieb, 2007). The mission statement explains what you want to achieve and what it takes to achieve this vision. It defines the boundaries of the working progress of the vision statement. It describes the overall purpose of who, what, how and why you what you do. It should be reviewed periodically and reexamined to maintain its effectiveness. Once the outcome of the vision and mission statement...
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...Final Strategic Plan: Starbucks Debbie Pryer, MGT578 Strategy Formulation and Implementation University of Phoenix Table of Contents Executive Summary 3 Company Background 4 Vision Statement 4 Recommended Vision Statement 5 Mission Statement 5 Values Statement 7 Environmental Analysis 7 Long Term Objectives 14 Strategic Analysis and Choice 15 Plan Goals and Implementation 18 Financial Projections and Analysis 20 Critical Success Factors 24 Controls and Evaluation 25 Conclusion 26 References 28 Executive Summary Starbucks Coffee Company, Seattle, Washington, is in an enviable position – high growth, few competitors, strong financials, loyal customers, talented management and employees, and brand recognition – so why create a strategic plan? The company faces many threats and opportunities, and if Starbucks wants to continue its success story, a strategic plan will help them continue to achieve stellar results. Starbucks’ vision is to have coffeehouses in every neighborhood around the world, and will continue to grow by finding and delivering the world’s best coffee to the world’s best customers without compromising our world-class principles. An internal analysis shows Starbucks has more strengths than weaknesses, while an external analysis points to several threats and many obvious opportunities. The key is in choosing the right strategies to minimize threats and maximize opportunities. Starbucks should focus on the following three strategies:...
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...Team Video Analysis Report Strategic Management Consultants, Inc. Team A Camesha Hunt Alex Landos Derrence Kun Liang Lim Rodney Scott Miguel Soto BUSN 460 Senior Project DeVry University Professor Milford Abstract Team A has been instructed to list 6 issues facing CanGo that Team A assembled from the week 1 and 2 videos. They should be prioritized in order of importance. They should be numbered. The team must then come up with an actionable recommendation for each of the issues found. These should also be numbered and the recommendations must be actionable (DeVry Week 2 Assignments). The following body of text will outline and explain the questions to the fullest extent possible while citing the appropriate sources in APA (6th ed.) format on the references page at the end of this document. Strategic Management Consultants, Inc. Team Video Analysis Report Introduction Strategic Management Consultants, Inc. will address six issues facing CanGo that Team A collected from the week one and two videos. Strategic Management Consultants, Inc. will come up with actionable recommendations, number, and prioritize the solutions for each of the issues found (DeVry Week 2 Assignments). Methods The research for this assignment was collected through DeVry’s E-platform portal from our course e-shell in week one and week two video episodes. 6 Issues After reviewing the video episodes in week one and two Strategic Management Consultants, Inc. believes that the six issues facing...
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...Dr. Pepper Snapple Group Case Study Marcela Beas Dr. Pepper Snapple Group March 5th, 2013 Current Situation Analysis Mission/Vision Statement The Dr. pepper Snapple Group fuses its vision and mission statements saying, “At Dr. Pepper Snapple Group, it is our vision to be the best beverage business in the Americas. Our brands have been synonymous with refreshment, fun and flavor for generations, and our sales are poised to keep growing in the future.” This stamen is straightforward and informatively average. It establishes the company’s goal and core values. Also, it highlights DPS’ interest in future sales growth. The company includes its business strategy stating that it focuses on building and enhancing leading brands, pursuing profitable channels, packages and categories, leveraging an integrated business model, strengthening routes to markets, and improving operating efficiency (Dr. Pepper Snapple Group). External Analysis Government policies and regulations affect business development and growth. Products have to be consistent with the USDA’s dietary guidelines and adhere to the FDA’s standards for health claims. Due to the current post-recession economy, growth is expected to be slow since existing demand patterns are expected to change as consumers become more health conscious. Moreover, global awareness and concern regarding the impact of climate change continues to be a focal point as business seek to achieve better business in terms of reduced cost...
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...Ques:1 Vision and mission statements provide information about the organization? What are they? How should they be developed and used? Ans: The term “strategic planning” is defined as process of an organization that clearly defines its strategy, or direction and making decisions on allocating its resources for proper planning. These two statements Mission statement and Vision statement clearly and concisely convey the direction of the organization. The Mission statement identifies a starting point or current state of business, but a Vision statement is necessary to determine what direction should be pursued. These help to communicate intentions and motivate team or organization to have a successful and common vision of the future. Mission statement: its development and use:- It defines the purpose of the organization and their primary objectives. The main functional point is internal and there is an involvement of leadership team and stakeholders. A perfect mission statement should determine why organization exists and what will achieve in future. Every organization has its own unique Mission statement. It should be easy to understand and should be simple so that every new employee could use it frequently. Generally mission statement of organization answer keys questions: * Purpose of the organization * Business of the organization * The value of organization Vision statement: its development and use:- It also defines the purpose of an organization but at the...
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...Vision, Mission & Values and Generic Strategy MGMT90146 Strategic Management Week2 Tom Osegowitsch and Dean Xu 1 Today’s Agenda House-keeping Vision, Mission & Values; Generic Strategy Yellow Tail Case Capstone: more tips, team formation. 2 Reference Textbooks Grant, R.M. “Contemporary Strategy Analysis” (recent editions) Blackwell Publishing Dess, G.G., Lumpkin, G.T., & Eisner A.B. “Strategic Management” (recent editions), McGraw-Hill Barney, J.B. & Hesterly, W.S. “Strategic Management and Competitive Advantage” (recent editions) Pearson. Hill, C.L.W., Jones, G.R., Galvin, P., & Haidar, A. “Strategic Management: An Integrated Approach” (recent editions) John Wiley & Sons Australia All available in library. 3 RECALL: Elements of Strategic Management Process Strategic Analysis Strategy Formulation Implementation 4 Strategic Analysis Vision, Mission, Values External Analysis Internal Analysis Vision, mission, values; External Analysis; and Internal Analysis are inputs for Strategy Formulation. 5 VISION, MISSION & VALUES Definitions Three interrelated concepts Terms used rather indiscriminately, sometimes synonymously (also: charter, ideology, creed or credo, ethos…) 6 Definitions (cont’d) Collins & Porras 1996 vs. Mission & Values Vision …as defined in this subject 7 Top Management’s Evolving Role Traditional View Defining a clear strategic plan Emerging View Articulating...
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...Products---------------------------------------------------------------------------------------6 D. Current Revenues---------------------------------------------------------------------------6 E. Employees-------------------------------------------------------------------------------------6 CHAPTER II: RESEARCH DESIGN AND METHODOLOGY--------------------------7 A. Data Collection-------------------------------------------------------------------------------7 B. Research Methodology---------------------------------------------------------------------7 C. Research Design----------------------------------------------------------------------------7 CHAPTER III: VISION/MISSION-------------------------------------------------------------10 A. Present Vision and Mission--------------------------------------------------------------10 1. Vision...
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...Executive Summary Currently, Redbox does not have a mission or vision statement out for the public. This is a problem since the mission and vision statements are an important aspect of a company. However, in their 2010 annual report, I did find out that one of the goals of Redbox is to be able to achieve satisfactory availability rates to meet consumer demand while also maximizing Redbox’s margins. Nonetheless, Redbox should provide its customers and the public with mission and vision statements. My recommended mission statement can be found in Exhibit 1. Redbox has been successful renting DVDs ”on-the-go”, however, just like the convenience drove customers to Redbox kiosks, new technology can drive them away. The upsurge of online streaming seems to be the new “thing”. In order to combat this problem Redbox needs to develop a streaming business that can compete with the likes of Netflix, Apple and other rivals (Redbox rivals can be found in Exhibit 2). If Redbox can accomplish this task, it will give Redbox further growth expansions providing them with a competitive advantage. Situation Synopsis (extended SWOT) A quick SWOT Analysis lays out Redbox’s standing: Strengths Weaknesses Cheap Rental Prices $1.20+tax Limited only to New DVD Releases More clients because of No membership fees Maintaining physical stock Various Locations Poor advertising 1st of its kind Limited functionality of machines Offers free DVD promotion rental 28-day delay of new...
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