What is the difference between value statements and mission statements?
Value statements define a company's core beliefs, while mission statements outline its purpose and goals.
Can you give me examples of each?
Sure! A value statement might be 'Integrity and innovation are our core values.' A mission statement could be 'To provide sustainable energy solutions.'
Why are both important for a business?
Both guide decision-making, shape company culture, and communicate purpose to stakeholders.
How often should a company revisit these statements?
It's good practice to review them every few years or when significant changes occur in the company.
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