Thursday, May 23, 2019
Mission vision Essay
IntroductionThis assignment is prepared to find out the flush, imaginativeness and value statements of some organizations from different industries. In this assignment I leave also try to find out whether these firms put emphasize on quality in their vision and mission statement. This report looked into the mission, vision and value statements of McDonalds, till of America, Rangs Group, BRAC University and IBA, University of Dhaka. Mission statementA mission statement defines the organizations objective and primary objective. Its function is internal to define the key measure or measures of the organizations success and its prime audience is the leadership team and stock holders. Vision statementA vision statements purpose is to explain the organizations key values and does not refer to bottom line figures. It tells how a particular company believes things should be done. Additionall(a)y, it also gives steering to nodes and employees. A vision statement also tells where the or ganization is heading and how it will complete its operations measure out statementValue statement is an expression of a companys or individuals core beliefs. Companies write the statement to identify and connect with the consumer. Additionally, the declaration allows for the companys staff to be aware of the priorities and goals of the company.Mission and vision statement of different organizationsMcDonaldsMission statementMcDonalds brand mission is to be our customers favorite(a) place and way to eat. Our worldwide operations are aligned around a global strategy called The Plan to win which centers on an exceptional customer experience- People, Products, Place, Price and Promotion. We are committed to continuously improving our operations and enhancing our customers experience Value StatementWe place the customer experience at the core of all we doWe are committed to our peopleWe believe in the McDonalds SystemWe operate our melodic phrase ethicallyWe give back to our communiti esWe grow our business profitablyWe strive continually to improveCommentsMcDonalds doesnt have a specific written vision statement. McDonalds value statement specifically mentions the organizations commitment to quality service. McDonalds considers quality as key to ensuring positive consumer experience. McDonalds considers quality, commitment to its staff suppliers and shareholders, ethical business practices and CSR as integral to maintaining its spot as the attention leader.IBA, University of DhakaVision StatementWe strive to be visible among the respected business schools in the world, as we relentlessly pursue the goal of trans public figureing the individual into a caring professional, who can make society just a little better CommentsIBA does not have a specific mission and value statements. The vision statement of IBA does not make any mention of quality. However, the goals stated in the statement require a strong emphasis on quality in order to achieve them.North South Uni versityVision statementThe vision of North South University (NSU) is to become a leading university and remain as a top center of excellence in eminent education and research. It aims at attracting brilliant students, teachers, scholars, and from all over the world. Mission statementThe mission of NSU is to find highly skilled manpower, visionary professional leaders and responsible and enlightened citizens. This mission is achieved by imparting high quality higher education, and training, and by conducting utile research so that individuals can achieve their intellectual, social, and personal potentials. NSU is committed to developing human capital by sharpening creative thinking. In addition to humanity and dissemination of knowledge, its mission includes promotion of humanism and peace through higher education. As a social institution, NSU endeavors to induce changes for betterment of the society as a whole through public services, and through promotion of ethical behavior a nd social justice.CommentsNSU emphasized on quality in their mission statement. They have stated several long term targets for their organization in their vision statement and they have planned to achieve those by imparting higher quality higher education.Bank of AmericaMission StatementBank of America is all about providing people, companies and institutional investors the financial products and services they need to attend achieve their goals at every stage of their financial lives. Our deep experience, broad range of services and global capabilities allow us to deliver comprehensive solutions that admirer customers and clients succeed in todays market and prepare for the future. Vision StatementOur vision is to become the worlds finest financial services company. Value Statement/ Core ValuesWe deliver for our customers, clients and shareholders.We trust in our team.We embrace the power of our people.We act responsibly.We promote opportunity.CommentsBank of America emphasized a percentage about quality in their value statement. Bank of Americas core value statement makes a declaration of quality in the formof consistency to all its constituents. Since, quality is considered a core value by the Bank of AmericaRangs GroupMission and Vision StatementProvide the people of Bangladesh with modern technology by offering quality products and proper after-sales-service through multi distribution channels to make their lives easier, more comfortable and convenient.The objective of our mission is by establishing a congenial working place with content employees and by offering quality products at reasonable prices we want to create a bond with every customer in order to maximize profit through perfect competition. CommentsRangs group does not have a formal value statement. Rangs group places high emphasis on providing quality products and after sales service to its consumers. The group mission and vision statements are stated together. Besides they have emphasized o n the modernization of technology.
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