The Mission and Vision are, to my mind, two of the most "theoretical"
elements of a strategic plan and have very limited value in isolation
(outside of public relations).
We have a planning sequence which starts with Vision and Mission and
then considers Values (of business) and Objectives (of owners).
Against this background,the SWOT follows. This then leads into the
highly practical Strategies, Programs and Goals. So M&V are by our
reckoning just two elements of a eight stage process.
A lots depends on commitments of owners to their Vision and Mission.
However, without follow through into the other five areas, V&M are
probably just fluffy aspirations.
I'd suggest that this type of strategic planning could be much more
useful to a successful business than for one that is in terminal
decline. For the former there are a diversity of options whereas for
the latter the options are more limited.
We have an online strategic planner at
<http://www.planware.org/strategicplanner.htm> which many people find
useful for sorting out their ideas.
On Tue, 22 Mar 2005 23:44:16 -0000, "Robert Anderson"
Post by Robert AndersonDo you think that the vision statement and mission statement is just fluff
or is really genuinely important?
If so, why, especially if the business is running reasonably well?
--
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