Management and Strategy
Autor: jennnewble • December 16, 2014 • Essay • 798 Words (4 Pages) • 1,280 Views
In the Missions statement examples indicated there are very powerful statements used by the different organizations. Below are some of the strengths and weaknesses that I observed:
Johnson & Johnson:
Strength:
• J&J speaks to every entity of an organization and believes in being a corporate citizen as well. Their credo is strong
• The credo is a means of unifying management and assists in achieving the organizations objectives
• Provides values and a common set of goals
• The credo is a reminder of corporate citizenship, responsibility to their employees, shareholders, and customers
Weakness:
• The length of the mission seems to be very long and it can be difficult for someone to attempt to regurgitate it back
Missouri Botanical Garden:
Strength:
• The goals are expressed
• There is a purpose explained
Weakness
• The mission does not speak to corporate responsibility
• There is no link between the organization and how they intend to use the mission as a vehicle to guidance for reaching their goals and objectives
GE: (In Lieu of a Mission Statement)
• The letter speaks to where the organization wants to go
• Talks about cash generation and low cost
• How to increase organic revenue growth
• Developing a generation of growth leaders
• A commitment to investors
• Speaks to being a “WE” company not a “ME” company
• Talks about their strategic approach, customer relationships, and long-term thinking
• A positioning a strength
• Talks initiatives driving performance and competitive aspect of the organization
• Speaks to solving problems (customer, society, and itself)
Weakness:
• There is not a specific mission statement, employee would have to read the letter to stakeholder
• The mission statement (letter to stakeholder) lacks flexibility
• Due their not being a mission statement, the letter can change from year to year which may not send a clear
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