What is the difference between vision and mission?
The vision statement defines what an organization aspires to achieve in the future, while the mission statement outlines its purpose and primary objectives.
Can you give me examples of each?
Sure! A vision statement might be 'To be the leading provider of sustainable energy solutions,' while a mission statement could be 'To deliver innovative and affordable energy solutions that empower communities.'
Why are both important for a business?
Both are crucial as they guide the organization's strategy, inspire employees, and communicate the company's goals to stakeholders.
How often should a company revisit its vision and mission?
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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