What is the difference between mission and vision?
The mission statement defines the organization's purpose and primary objectives, while the vision statement outlines what the organization aspires to achieve in the future.
Can you give me examples of each?
Sure! A mission statement might be 'To provide affordable healthcare to all,' while a vision statement could be 'To create a world where everyone has access to quality healthcare.'
Why are both important for a business?
Both are crucial as they guide decision-making, align the team towards common goals, and communicate the organization's purpose to stakeholders.
How often should a company revisit its mission and vision?
It's advisable to revisit them every few years or when significant changes occur in the market or within the organization.
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