Jul 06, 2017

Why the Vision and Mission Are Vital In Shaping Organizational Strategy

This paper concentrates on the primary theme of Why the Vision and Mission Are Vital In Shaping Organizational Strategy in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Managemet 499 SLP 1: Why the Vision and Mission Are Vital In Shaping Organizational Strategy

Instructions:

Module 1 - SLP

The Strategic Management Cycle

Current Event Blog 1 

In your SLP for this course you will be considered a strategic management subject matter expert and will be asked to blog about important aspects of the strategic management process and to provide examples to support your key arguments based on current events pulled from recent articles from reputable sources (such as a major national news source like the NY Times, Business Week, etc.).  

Your main article(s) for each of your blog entries must be no older than 4 months old.  If you use an older article as your primary focal article, you will be asked to redo the assignment.  You may, of course, use older sources to support your discussion but the current event article serving as the main focus of your paper must be recent. 

For your first SLP discuss why the mission and vision are important in helping to shape organizational strategy and find two recent articles (no older than four months old) that provide examples of organizations that seem to be living up to (or failing at) fulfilling their mission and vision.  

Remember that you are playing the role of a person blogging about strategic management and the key here is to convey to the public the importance of the mission and vision statement in a strategic management context and to provide examples of organizations who do well (or poorly) in fulfilling their stated missions and visions.  Also remember to keep your discussion focused on strategic management.

SLP Assignment Expectations

Your SLP assignment should be a minimum of 3 pages in length. 

You are required to use APA formatting and you are required to cite and reference your sources.  There should be a minimum of three reputable sources cited and referenced in your paper.  

Please make sure you review the assignment rubric prior to writing your assignment. 

Content:

Current Event Blog Insert Name: Institutional Affiliation: Due Date: Why the Vision and Mission Are Vital In Shaping Organizational Strategy Vision and mission are critical elements and standard of a firm’s organizational strategy. Most organizations with good establishments have vision statements and mission statements that act as foundational guides in the development of organization’s goals. An organization’s mission highlights the organization’s purpose and acts as a guide for all the organization’s decision making. Vision statement creates a direction of the company and highlights commitment to corporate values such as openness, transparency, responsibility, integrity, and other values (Martin, Farndale, Paauwe, and Stiles, 2016). Organizational strategy is the strategic planning, which is the process of creating organizational goals and strategies to accomplish mission and vision of the firm. The organization uses the mission statement to develop short and long-term goals. Strategies then are created to achieve company’s goals. Examples of Firms Which Seem To Be Living Up (Or Failing in) Fulfilling Their Vision and Mission Livestrong Cancer Foundation Livestrong is a good example of an organization which seems to fail in fulfilling its mission and vision due to scandal issue and lack of financial resources which threat the survival of the firm. The C.E.O of Livestrong resigned

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