What is the difference between mission and vision?
A mission statement defines the purpose of an organization, while a vision statement outlines its long-term goals.
Can you give me examples of each?
Sure! A mission example could be 'To empower every person and organization on the planet to achieve more.' A vision example might be 'To create a better everyday life for the many people.'
Why are both important for a business?
Both are crucial as they guide decision-making, inspire employees, and communicate the organization's purpose and aspirations to stakeholders.
How often should a company revisit its mission and vision?
It's advisable to review them every few years or when significant changes occur in the market or within the organization.
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