Take This Into Consideration Before You Write Your Mission Statement

What principles should a company keep in mind when developing a mission statement? Appropriate criteria must be chosen for defining the business. There are several alternatives for defining one's services: by the products one produces, by unique resources that the company possesses, by a particular strength that the company has, by unique financial measures, or by needs that are met. Anyone who has to draft a mission statement should pretend that he or she is an advertising copywriter. "Tell the world in 25 words or less who you are and what you want to become." The statement should be concise and to the point.

Management must identify the opportunities and threats confronting the company, the critical success factors in the marketplace, and the company's internal strengths and weaknesses. Then it will have to look both forward and backward. "What have we been doing?" and "What do we want to change?" In the end, though, it is the forward look which should determine the content of the mission statement, to set the future direction: "What do we want the corporation to become?"

Recalling the dilemma of finding a marketing niche while avoiding marketing myopia, a company must strike a sound balance between too wide and too narrow a definition of the business. Too wide a definition can leave the organization with no real direction for strategic planning, while too narrow a statement can blind management to, or cause it to ignore, environmental changes, opportunities, and threats.

Ultimately, employees are the main audience for a company's mission statement. The statement not only furthers a common understanding of the organization's purpose among them but also nurtures allegiance and commitment. All three are essential if employees are to work together effectively to promote the organization's ends. After having been developed, a mission statement should rarely need to be altered, and then only as a result of a significant change: perhaps a sharp decline in the company's markets, the crystallization of a new opportunity, or the accession of a new management.

Copyright AE Schwartz & Associates All rights reserved. For additional presentation materials and resources: ReadySetPresent and for a Free listing as a Trainer, Consultant, Speaker, Vendor/Organization: TrainingConsortium

CEO, A.E. Schwartz & Associates, Boston, MA., a comprehensive organization which offers over 40 skills based management training programs. Mr. Schwartz conducts over 150 programs annually for clients in industry, research, technology, government, Fortune 100/500 companies, and nonprofit organizations worldwide. He is often found at conferences as a key note presenter and/or facilitator. His style is fast-paced, participatory, practical, and humorous. He has authored over 65 books and products, and taught/lectured at over a dozen colleges and universities throughout the United States.

In The News:


Google News
Updated : Sat, 11 Oct 2008 05:49:35 GMT

Paulson Indicates Need to Purchase Bank Equity `Soon as We Can' - Bloomberg


Telegraph.co.uk
Paulson Indicates Need to Purchase Bank Equity `Soon as We Can'
Bloomberg - 1 hour ago
By John Brinsley and Rebecca Christie Oct. 11 (Bloomberg) -- US Treasury Secretary Henry Paulson indicated that pumping government funds into banks is a priority and said financial markets will remain volatile.
US planning to buy equity in financial institutions Reuters
Treasury Weighs Investing In Banks Washington Post
International Herald Tribune - MarketWatch - CNNMoney.com - Bizjournals.com
all 1,783 news articles

Publ.Date : Sat, 11 Oct 2008 04:21:05 GMT

Democrats Are Gaining, Registration Data Shows - New York Times


Los Angeles Times
Democrats Are Gaining, Registration Data Shows
New York Times - 2 hours ago
By NICHOLAS CONFESSORE and GRIFF PALMER Some longtime Republican strongholds in New York are becoming increasingly Democratic, a striking change driven by demographic shifts, intense voter registration drives by Democrats and allied groups and sagging ...
Campus registration drives in full swing KARE
Ott, Hook face off for open county office St. Joseph News-Press
The News-Press - Winston-Salem Journal - Tampabay.com - Beaufort Gazette
all 739 news articles

Publ.Date : Sat, 11 Oct 2008 03:20:33 GMT

US Near Changing Stance on North Korea as Terrorist - Wall Street Journal


BBC News
US Near Changing Stance on North Korea as Terrorist
Wall Street Journal - 1 hour ago
By JAY SOLOMON WASHINGTON -- The Bush administration is hoping to announce as soon as Saturday that it is tentatively removing North Korea from its list of state sponsors of terrorism, in a bid to kick-start a stalled nuclear disarmament agreement, ...
AP: US to remove North Korea from terror blacklist The Associated Press
US May Remove North Korea From Terrorism List, AP Reports Bloomberg
Los Angeles Times - Voice of America - Financial Times - The Miami Herald
all 1,714 news articles

Publ.Date : Sat, 11 Oct 2008 04:02:40 GMT

McCain Lauds and Attacks Obama in Same Day - New York Times


CBS News
McCain Lauds and Attacks Obama in Same Day
New York Times - 41 minutes ago
Senator John McCain of Arizona and his supporters at a rally on Friday in La Crosse, Wis. By ELISABETH BUMILLER LAKEVILLE, Minn. - After a week of trying to portray Senator Barack Obama as a friend of terrorists who would drive the country into ...
McCain Moves to Soften the Tone at Rallies Washington Post
John McCain, speaking to supporters, tries to defuse an anti ... Los Angeles Times
Reuters - DetNews.com - Austin American-Statesman - The Miami Herald
all 304 news articles

Publ.Date : Sat, 11 Oct 2008 05:08:14 GMT

G-7 Commit to `All Necessary Steps' to Stem Global Meltdown - Bloomberg


Voice of America
G-7 Commit to `All Necessary Steps' to Stem Global Meltdown
Bloomberg - 1 hour ago
By Simon Kennedy Oct. 11 (Bloomberg) -- Group of Seven finance chiefs, meeting after stocks plunged and as a global recession looms, vowed to prevent the failure of vital banks while failing to unveil new initiatives for thawing credit markets.
Group of 7 Nations Seek Coordination in Rescue New York Times
In latest bold step, Treasury will buy bank stakes The Miami Herald
CNNMoney.com - The Associated Press - Boston Globe - FN Arena News
all 890 news articles

Publ.Date : Sat, 11 Oct 2008 04:03:42 GMT

Genomics project unites four Wisconsin research institutions - Milwaukee Journal Sentinel

Genomics project unites four Wisconsin research institutions
Milwaukee Journal Sentinel - 19 minutes ago
By KATHLEEN GALLAGHER Wisconsin’s four biggest academic research institutions will collaborate on an initiative aimed at giving the state national stature in the fast-emerging field of individualized medicine, Gov.
Marshfield Clinic gets biggest donation yet Chicago Tribune
Wis. governor unveils gene research triangle Forbes
Bizjournals.com - GenomeWeb News (subscription) - WJFW-TV - WISN.com
all 51 news articles

Publ.Date : Sat, 11 Oct 2008 05:29:44 GMT

Bush: US authority able to solve financial crisis - People's Daily Online


Telegraph.co.uk
Bush: US authority able to solve financial crisis
People's Daily Online - 1 hour ago
US President George W. Bush arrives in the Rose Garden at the White House to makes a statement on the economy in Washington, October 10, 2008.
President Bush vows action on financial crisis Los Angeles Times
Bush's Lullaby to the Markets Washington Post
Birmingham Star - Wall Street Journal - CNN - Bloomberg
all 1,302 news articles

Publ.Date : Sat, 11 Oct 2008 04:12:49 GMT

Make Money With Blogs
Add RSS Feeds To My Web Pages


PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

The New Economy

This technological revolution has organization, efficiency and productivity requirements well... Read More

Quality Staffing: Stop Placing the Wrong People in the Wrong Jobs

You can possibly teach a turkey to climb a tree... Read More

Six Honest Business Friends - They Guide Me In All I Do

SIX "HONEST BUSINESS FRIENDS" - THEY GUIDE ME IN ALL... Read More

Management to the Vision-Contribution and the Role of Compliance

As a manager our role is to:1. Establish the vision,... Read More

How To Get What You Really Want

As a small business owner, entrepreneur or independent professional, it's... Read More

Parenting Your Employees to Better Performance

Have you ever worked for someone who was such a... Read More

Finding Proactive Solutions: A Key to Demonstrating Your Management Fitness

In my book Talking Points: 25 Tips for Clear, Credible... Read More

How to Create a Trusting Manager-Employee Relationship

BUILDING TRUST AS A MANAGER: 1. Be reliable. Follow through... Read More

The Top 10 Requirements for Your Business to Become and Remain Profitable

We live in a relentlessly competitive world. The daily pressure... Read More

Overcoming the Document Tracking Challenge

"Where did it go? It was here yesterday. Wait. Here... Read More

How to Coach Your Emplyees and Increase Motivation

It is easy to spot the difference between a work... Read More

Tales from the Corporate Frontlines: Coworkers Collaborate to Complete Successful Initiative

This short story, Coworkers Collaborate to Complete Successful Initiative, is... Read More

The Thick Line Between Buddy and Boss

Q: One of my key employees is giving me trouble.... Read More

How to Manage Your People Well: Tips for Managers of Training

As a training manager, there are two important aspects to... Read More

Management Coaching to Improve Relationships with Work Associates

As a recent employee to your job, you are becoming... Read More

Dont Sweat the Small Stuff with Your Credit Policy

Do you know how many customers you have that are... Read More

The Paradox of Job Enrichment

Ellen was a clerk working for a large insurance company.... Read More

OJT - On The Job Training

IntroductionManagers have two powerful ways of improving the performance and... Read More

Implementation the Catalyst of Change for Management to Reach that Next Level of Success

From the personal and professional experiences of other colleagues and... Read More

Importance of Just-In-Time Inventory System

In today's competitive world shorter product life cycles, customers rapid... Read More

Leadership Style: What Makes A Good Boss?

In today's competitive environment, companies realize that a good boss... Read More

When Being A Facilitator DOESNT Help

I talked with a group of internal consultants last week... Read More

Quick Tip - Effective Meetings Earn a Profit

Most people treat meetings as a free resource that can... Read More

What Every Manager Should Know About How to Reduce the High Cost of Employee Absenteeism

Employers pay a high price for absenteeism, often more than... Read More

Creativity Management and Time Pressure

There is a pervasive belief that time pressure stimulates creativity.... Read More