scholarly journals An Empirical Analysis of Employee Commitment and Impact of Mission Statements

2018 ◽  
Vol 6 (4) ◽  
pp. 323
Author(s):  
Rajbir Singh ◽  
Aparna Datta Bakshi

<p><em>Mission Statements drive the strategic planning process of organizations. Mission Statements adorn the receptions and websites of organizations the world over. It is a mission statement which defines the role that the organization plays in the society. A mission statement speaks about the essential purpose of the organization, concerning with why it is in existence, the nature of business it is in and the customers it seeks to serve and satisfy. Importance of mission statement in achieving vision pushes the organization to have a mission statement. On contrary there are several organizations that do not have any mission statement and doing well in business. This paper studies whether the mission statement plays a deciding role in growth and performance of any organization. Necessary statistical tools are used to analyse the data. </em></p>

Author(s):  
Steven N French ◽  
Stephen J Kelly ◽  
Jennifer L Harrison

AbstractThis paper discusses an exploratory investigation into vision and mission, the starting points of the classical strategic planning process (Ginter, Rucks and Duncan 1985). Constructs measuring vision and mission are identified, as well as three other items that are frequently cited in the literature as being critical for effective formulation and implementation of vision and mission statements (latent abilities, market focus and competitor focus). It is argued that clearer definitions of these constructs and others discussed in strategic literature are a necessary step to allow empirical investigation into the interactions inherent in the strategic process.


2001 ◽  
Vol 7 (2) ◽  
pp. 30-40 ◽  
Author(s):  
Steven N French ◽  
Stephen J Kelly ◽  
Jennifer L Harrison

AbstractThis paper discusses an exploratory investigation into vision and mission, the starting points of the classical strategic planning process (Ginter, Rucks and Duncan 1985). Constructs measuring vision and mission are identified, as well as three other items that are frequently cited in the literature as being critical for effective formulation and implementation of vision and mission statements (latent abilities, market focus and competitor focus). It is argued that clearer definitions of these constructs and others discussed in strategic literature are a necessary step to allow empirical investigation into the interactions inherent in the strategic process.


2019 ◽  
Vol 8 (2) ◽  
pp. 235-245
Author(s):  
Ignacio De la Peña Zarzuelo ◽  
María Jesús Freire-Seoane ◽  
Beatriz López-Bermudez

Introduction: A structured Strategic Planning process has been developed in the Spanish Port System since 1990s. One of the first elements of this process is the formulation of the mission statement of each Port Authority. Aim: An in-depth review of the mission statements of the Spanish Port Authorities is carried out in this research, and mission statements are assessed from a theoretical point of view. The goal of the study is to discuss how mission statements of these entities are aligned with the international standards. Methods: Mission statements are captured from public sources. Two criteria are used for the assessment: its content (analyzing if the mission statement reflects nine key elements usually considered internationally), and its length (number of words). As the first component is qualitative, a Delphi method was used in the assessment of this element. Results: The mission statements of these Port Authorities reflect more frequently than the benchmark omparison made by over 50 companies seven of the nine key elements. The only two fields in which Spanish Port Authorities show a negative gap are those related to "technology” and “concern of employees”. In terms of length, the average of 32 words is shorter than the 50-100 words recommended by some authors. Conclusions: The Strategic Planning in the Spanish Port Authorities is a long and well -structured process. Port Authorities are essentially market-oriented public organisms and their mission statements seems to be properly formulated following business practices in terms of their content.


Author(s):  
W. Spencer Smith

This paper presents a document driven strategic planning process for academic units. Details are provided on the steps in the process that will lead, with a reasonable investment of time and effort, to a quality strategic plan document that incorporates input from all stakeholders. The resulting plan consists of a mission statement, vision statement, goals, objectives and implementation ideas. The specific organization of the elements of the plan and tables for systematically presenting the details on definitions, relationships between components, evaluation criteria and timelines are presented using a template. The proposal for the template approach is motivated by the success of this approach in software engineering practise. The template facilitates producing a document that is complete, consistent, understandable and maintainable. The process and the final product are illustrated using examples from Engineering 1 at McMaster University.


2021 ◽  
Vol 14 (1-2) ◽  
Author(s):  
Fred R. David ◽  
Forest R. David ◽  
Tünde Zita Kovács ◽  
András Nábrádi

In today’s rapidly changing world, there is an increased need for excellent strategic planning. A firm’s survival may indeed hinge on the firm’s planning process being exemplary. Various aspects of the strategic planning process are under review today as organizations wrestle to compete more effectively. This paper reveals and describes five emerging trends or tools being utilized today by firms to more effectively engage in strategic planning. Specifically, the emerging trends and tools to be discussed in this paper are as follows: 1) Assure vision and mission statements include desired characteristics 2) Perform SWOT (Strengths-Weaknesses-Opportunities-Threats) analysis using AQCD (Actionable, Quantitative, Comparative, and Divisional) factors 3) Utilize varied sources to obtain AQCD information 4) Utilize QSPM (Quantitative Strategic Planning Matrix) analysis to determine the relative attractiveness of alternative strategies 5) Use excel-based software to facilitate and enhance the strategic planning process. The purpose of this paper is to familiarize readers with basic new tools and techniques being used by organizations to effectively develop an improved strategic plan for the firm. JEL Code: M21, O21 ARTICLE IN PRESS!


2021 ◽  
Vol 6 (1) ◽  
pp. 55-72
Author(s):  
Wenli Gao ◽  
Raymond Pun ◽  
Lian Ruan

This report explored the Chinese American Librarians Association (CALA)’s strategic planning process for 2020-2025 during COVID-19. The paper introduced CALA’s mission statement, values, and discussed the importance of the strategic plan. A strategic planning task force was formed to create an opportunity for membership input in virtual town hall meetings and surveys. The authors presented a case study on the process of revising a strategic plan and discussed the implementation phases. The authors also shared the challenges and recommendations in organizing strategic planning for a library association.


1970 ◽  
Vol 24 (1) ◽  
pp. 27-48
Author(s):  
Richard Hoffman

Given the growth of multinationals, it is important that managers learnwhether strategic planning enhances firm performance in cross-cultural situations.Using an international sample of firms, this study found that the generalplanning-performance model is relevant across the cultures sampled. While thereappears to be little direct relationship between culture and planning, culture didmoderate the planning-performance relationship. Furthermore, specific culturalvalues were found to account for some of the cross-cultural differences in theplanning-performance relationship. Implications for management and futureresearch are discussed.


2021 ◽  
Vol 20 (5) ◽  
pp. 829-844
Author(s):  
Denis Yu. SAMYGIN

Subject. The article addresses the issues of synchronizing the strategic planning of agricultural development and harmonizing its documentation system with the national food security objectives. Objectives. The aim is to run diagnostics of strategic planning and its food security documentary system. Methods. The study employs methods of generalization of scientific works and systematization of expert assessments therein, critical analysis of strategic documents on agriculture and food security, abstract-logical method for building a model of strategic process. Results. The paper presents the results of strategic planning process and its documentary system in the field of food security, conclusions on the need to strengthen harmonization between the main strategic planning documents, key objectives and criteria for achieving them, planned results and resources, benchmarks and performance indicators to ensure physical and economic accessibility of products. I offer a fundamentally different conceptual model of the strategic planning process. It is supported by a system of interconnected documents. This model is based on production projects and quotas linking the production and consumption at the level of rational nutritional standards. Conclusions. The proposed model enables to logically incorporate the objectives set in the field of food security into the system of strategic planning documents. The findings may be useful for agro-industrial complex authorities to coordinate decisions on agricultural development and food security as a complex problem.


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