Individual Assignment Mission, Vision, Values

Individual Assignment Mission, Vision, Values, & ManagementNameMGT/521 Management Tutor’s NameDateIntroductionA vision statement describes a company as it would appear in the future after successfully achieving all its strategic goals. A vision statement is both inspirational and aspirational as it creates a mental image of the successful future state. A mission statement explains a company’s purpose and reason for existence, what it does and its overall intentions. A mission statement supports a company’s vision by communicating and providing direction to employees, customers and other stakeholders. A company’s mission is not static but can in respect of purpose, priorities and methods. A values statement is a description of what a company believes in and how it can be expected to behave. A company’s values statement acts as a moral compass for the company and its employees. It also acts as the standard against which a company's actions can be judged. A statement of values contains the core values or deeply entrenched principles of organizational behavior (Jones and George, 2015).Compare your organization's mission, vision and values against the criteria for what makes for