Why is a mission statement important for a business?

Why is a mission statement important for a business?

A mission statement defines a company's purpose and values, guiding its decisions and strategies.

Can you give me examples of effective mission statements?

Sure! For instance, Google's mission is "to organize the world's information and make it universally accessible and useful."

How often should a company update its mission statement?

It's advisable to review the mission statement every few years or when significant changes occur in the company.

What are the key elements of a strong mission statement?

A strong mission statement should be clear, concise, inspirational, and reflect the company's core values and purpose.