Tuesday 25 April 2017

Importance of Mission Statement in Conglomerates

A mission statement of a organization distinguishes a company from others simultaneously representing the truth and reality of a organization and reflecting the true intentions of its existence. Its just for its existence but it represents the business scope, public image and vastness as a whole of organization.
Many companies grows in both its area of working and growth chart. This forces a company to expand its vision and horizon to meet its growing expectations. This results for company to revisit its mission statement which justifies a company‟s reputations.
Mission statement of an organization is more like a thought in back of the mind of top management of the organization while making any decision. Thus mission statement is more than just a print on the bulletin of a organization, it is a thought which drives its employees to work in particular direction. Thus even if a mission statement is not so very well known in general employees of the organization it should be firm idea in head of top management which always help them to decide their direction of movement and growth.

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