2006-07-23 02:30:56 · 5 answers · asked by amit r 1 in Business & Finance ➔ Corporations
A mission statement can be "what does the company do". But, really it's not that concrete. Here is 3Ms mission statement:
"To solve unsolved problems innovatively"
So, it doesn't say they make tape or post its. It gives a very broad mission. This could be small consumer type stuff or building a new rocket. So, 3M is saying we will do ANYTHING in any field. Pretty powerful.
A vision statement is where does the company want to be in the future? One of 3Ms vision statement is to "Acheive breakthrough performance for our customers".
So, put the two together and you get that 3M is to invent new stuff that helps it's customers. Wow, that was powerful! It's all very confusing at first and really doesn't make a lot of sense to most people. For most it tells you nothing, but for a few it tells you everything! Good luck.
2006-07-23 03:17:41 · answer #1 · answered by skinny0ne 3 · 0⤊ 1⤋
A companies mission would be what services they have to offer the public. Their vision is where they hope to be at in the future.
2006-07-23 02:33:41 · answer #2 · answered by Dennis C 2 · 0⤊ 0⤋
The vision of a company is the ideals they would like to fulfil. The mission of a company as actually fulfilling those ideals.
2006-07-23 02:35:01 · answer #3 · answered by Scabius Fretful 5 · 0⤊ 0⤋
mission of the company is part of the accomplishment which will bring the company to their goal,while vision is how they look at the company's operate or how they run the business.
Hope this will answer it.... ;)
2006-07-23 02:38:46 · answer #4 · answered by Sherlin 2 · 0⤊ 0⤋
In broad term Vision is goal, dream or object and mission is the way to achieve the goal, dream or object.
2006-07-23 02:35:01 · answer #5 · answered by Zia 3 · 0⤊ 0⤋