Free

Vision Statement Comparison - Assignment Example

Comments (0) Cite this document
Summary
The statement also acts as a guideline of what the organization seeks to be as well as acting as a reminder of what course of action…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Vision Statement Comparison
Read TextPreview

Extract of sample "Vision Statement Comparison"

Vision ment Comparison Vision ment is a ment that gives a of what a company or an organization would like to achieve in the mid-term or long-term. The statement also acts as a guideline of what the organization seeks to be as well as acting as a reminder of what course of action is right to ensure that such goals happen. As per this paper, we shall look at the Vision Statements of two leading Institutions of higher learning: Stanford University and Harvard University whereas for the companies we shall compare the statements for Ford Corporation and Starbucks Coffee. A vision statement goes hand in hand with the mission statement and the values that a given company seeks to entrench and move forward. The Vision statement outlines what goals the company seeks to achieve whereas the mission statement says clearly, what pathways to follow to achieve the goals. The values stand for the principles that the organization seeks to impart and entrench in its workers.
The Ford Corporation is the largest carmaker in the USA for many centuries. Its mission statement is “To become the worlds leading consumer company for automotive products and services”. The statement is to the point and has the main objective and goal that Ford seeks to achieve. By reading the statement, one can truly tell what it is that the Ford Corporation has entrenched in its mission as well as daily activities, which is to become the company of choice in the automotive industry.
The Starbucks Coffee House is one of the leading coffee companies in the world with branches worldwide. Its Vision statement states that “Share great coffee with our friends and help make the world a little better”.  In the statement, we can learn that the focus for the company is to use its product offering that is coffee to see to it that the world becomes better by taking and using their product. In addition, the Vision statement can be interpreted to depict that their product is a good way to unwind as well as foster relations with others.
Harvard University is one of the world’s best universities churning out professionals and leaders at a high rate. The Vision statement for Harvard University is that “Harvard strives to create knowledge, to open the minds of students to that knowledge, and to enable students to take best advantage of their educational opportunities”
The Stanford University vision has overtime changed. Initially the Vision statement was “Become the Harvard of the West” which later evolved overtime to read “provide quality services to our customers by understanding their individual needs, by recognizing and defining our roles and responsibilities, by empowering and requiring accountability of our staff, and by measuring our effectiveness.”
As outlined in the above mission statements, there are huge disparities between the mission statement s of the companies and those of the educational institutions. The corporate vision statements are inclined towards boosting sales and attracting more consumers whereas the vision statements of the educational institutional are more inclined into the churning out of the professionals who will later conquer the world. There Vision statements follow criteria where they all seek to identify and relate with the consumers by making them believe in their set goals as well as mission statements. However, the statements differ in terms of the way the statement is structured. One can easily tell what brand a given mission statement is representing as well as what sort of company it really is. The mission statements also outline the goals they are representing without venturing into specifics. They all point out how the organization is it educational or corporate seeks to become. The educational vision statements created to give the prospective student a belief that the institution is a centre of excellence. The vision statement of an institution should help broadcast the image of an organization and its goals to the public.
References
Carter, H., & Roebuck, K. (2006). Vision and mission statements. Edenbridge, Kent: Wiremill.
Stanford University. (n.d.). Stanford University. Retrieved November 20, 2012, from http://Stanford.edu Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Vision Statement Comparison Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Vision Statement Comparison Assignment Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/education/1608554-vision-statement-comparison
(Vision Statement Comparison Assignment Example | Topics and Well Written Essays - 500 Words)
Vision Statement Comparison Assignment Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/education/1608554-vision-statement-comparison.
“Vision Statement Comparison Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/education/1608554-vision-statement-comparison.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Vision Statement Comparison

The Vision Statement

...?Vision ment The vision ment and the mission ment of an organization are two terms that are often used interchangeably, though the twoslightly differ in their meanings. There are different theories regarding the difference of meaning of the two terms. According to Ward (2012), the main difference between the vision statement and the mission statement of an organization is that of the future and the present. The vision statement is about the future of the organization whereas the mission statement is about its present state. In other words, the vision statement describes...
3 Pages(750 words)Essay

Wal-Marts Vision Statement

...Wal-Mart’s Vision Statement To become the world leaders in retailing Wal-Mart has been in the industry since 1962. The company was started with a vision of becoming the world leaders in retailing. Over the past years the company has been able to gain the position of the world’s largest retail company and is thrice as big as its closest competitor. The company’s mission has always been to provide the customers with best products and services at reasonable prices. The company’s main values and beliefs are – respecting individuals, service to the customers and striving for excellence. The company’s signature for almost five decades has been ‘Everyday low prices’. The company’s main...
2 Pages(500 words)Essay

Strategic Management Process/Vision, Goals, Objectives

...as to what the company has to offer to them in the future. The Comparison Although both, the mission and the vision statement seem to be similar but they are different in the sense that the former reflects the grounds on which the company exists and the latter tells to what heights it hopes to rise. In other words, the mission statement is more present oriented and the vision statement is more future oriented. The mission statement is based on a more vivid and specific picture of the company, but the vision statement can be abstract and conceptual in nature. The...
3 Pages(750 words)Research Paper

A good mission and vision state

.... Finally, it should have the forecasting ability that shows that where the organization is headed in the next five to 20 years. Comparison between Criteria of Mission and Vision Statements The mission and vision statements are similar in terms of their nature. Both aim to represent the organizational goal and purpose for others to become attracted to. On the contrary, a mission statement’s outcome is that it only sets forth the real purpose of the organizational existence at the present. Whereas a vision statement sets forth the future position of the organization, its activities that will lead it to...
4 Pages(1000 words)Coursework

Develop a Vision Statement

...). To achieve this, we have put sound strategies in place that will ensure that the vision is attained in the shortest time possible. To this end, we have put timelines of what the partnership ought to have achieved at what time in place that will enable us evaluate if the business is moving in the right direction and at the right pace. Mitigation measures have also been put in place to ensure that any arising issues that may hinder the achievement of the visions are handled as fast as is possible. The vision is one of guiding pillars in the business; its achieving will be the biggest index of success in the business. The vision also puts all the stakeholders in our...
2 Pages(500 words)Admission/Application Essay

Vision Statement Comparison

...Running head;   Vision ment ComparisonVision ment Comparison of the Vision ment of Coca Cola Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth. People: Be a great place to work where people are inspired to be the best they can be. Portfolio: Bring to the world a portfolio of quality beverage brands that anticipate and satisfy peoples desires and needs. Partners: Nurture a winning network of customers and suppliers, together we create mutual, enduring value. Planet: Be a responsible citizen that...
2 Pages(500 words)Assignment

Vision Statement

...very seriously. I plan on proposing to her this year and hopefully tie the knot at the end of my master’s program. The fact that my parents, my siblings and my friends help me to stay positive all the time ensures that I lead a stress-free healthy life (Gillespie-Brown). References Gillespie-Brown, J. (2012, February 21). Building a personal vision statement. So you want to be an Entrepreneur RSS. Retrieved January 29, 2014, from http://www.tobeanentrepreneur.com/blog/building-a-personal-vision-statement/ Heathfield, S. (n.d.). Create Your personal vision statement. About.com Human Resources. Retrieved January 29, 2014, from...
2 Pages(500 words)Research Paper

Vision Statement

..., and in the event heritage is preserved. Meaning of the Vision Statement The vision is essentially captivating to both the company and her clients. It has a long term objective by setting futuristic competences contrary to the contemporary standards in the travels industry. Te the vision also maps out a standardized industry where technology is a mechanism of achieving inevitable changes that would benefit this sector. By painting such a picturesque, the vision is set before the management team to work about the set goals. This sheds some sense of hope by the company so that the seemingly impossible comes to limelight. This as a result pushes the...
1 Pages(250 words)Essay

Vision statement

...Personal Vision ment Personal vision ment is very essential for a irrespective of the career they are perusing. The vision statement gives students direction in which to channel their energy and enables them to concentrate their resources especially time resources towards that direction (Pomona, 2009). In this paper, I have stated my vision as a human resource student that I hope achieve in five years time. My vision statement is to work as senior human resource personnel in a competent company where I will be able to get challenging opportunities that can lead to my career growth, and be able to make enough cash to take care of my family and myself. I will advance my knowledge and skills in human resource management and use... organization...
1 Pages(250 words)Essay

Vision statement

...Vision ment al Affiliation) A vision ment is an aspirational explanation of what an individual wants to achieve in either the short term or long term. It serves as a clear guideline of the goals and objectives of an individual (Daft & Lane, 2005). My vision is to become a Marketing director in a leading corporation in the business world to provide excellent marketing skills. I will strive to achieve this by getting a bachelor’s degree in the marketing field. In addition, I will take classes related to the marketing field, for example, public relations, advertising, and marketing. I shall get experience in writing, public speaking, and project management. To have a master’s degree will be the next step that will help become more... ment al...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Vision Statement Comparison for FREE!

Contact Us