What are the differences between a mission statement and a vision statement?
A mission statement defines a company's purpose and primary objectives, while a vision statement outlines what the company aspires to become in the future.
Can you give me examples of each?
Sure! An example of a mission statement is 'To organize the world's information and make it universally accessible and useful.' A vision statement example is 'To create a better everyday life for the many people.'
Why is it important to have both?
Having both is crucial because the mission statement guides daily operations and decision-making, while the vision statement inspires and provides a long-term direction.
How often should these statements be reviewed?
It's recommended to review mission and vision statements every few years or when significant changes occur in the organization.
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