Mgt/521 Individual Assignment Mission, Vision, Values Management

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 & George, 2015).Compare your organization's mission, vision and values against the criteria for what makes for