Mission Statement - Small Business Encyclopedia - Entrepreneur

Mission statement - Wikipedia, the free encyclopedia

Instead of looking at whats new or what competitors are doing and trying to copy them, wise business owners create the most effective strategies possible to accomplish the mission their company is set out to accomplish. 3. It provides a template for decision-making. A clear mission sets important boundaries which enable business owners to delegate both responsibility and authority. Mission is to the company what a compass is to an explorer, a map to a tourist, a rudder to. In many companies it seems to just be a plaque on the wall with little or no value. Here is why I think it is critical that every business (even small businesses) have a clear, written mission statement. And as Andy Stanley says, Its your direction, not your intention, that determines your destination. This leads to the second reason. 2. It focuses the companys future. Many people refer to this as the vision which is different than the mission. This is the foundation of a powerful organization! If youre interested inĀ gaining clarity be forming a powerful mission statement for your company or organization, contact us for a No-Obligation Strategy Session to help you get started.

It can help you define your business and establish your brand, and it can help your employees focus their efforts and suggest ideas that fit with what youre trying to do.

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Email Follow @TIMEB usiness Mission statements may seem overused and unimportant in the scheme of things, but a well-crafted one can help you focus your business. It can give you a framework for evaluating opportunities and deciding whether they fit your core business.
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