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Mission Statement/ Vision Statement

In the Session Long Project of MGT599, we will create a
“strategic toolkit” which, once assembled, will allow you to
undertake strategic planning and implementation projects in any organization.
Upon successful completion of the Module 1 SLP, you will be able to use your
SLP to assess the mission and vision statements of any company. The goal of the
SLP is one of skill-building—that is, in each module we will focus on
developing a skill for a different phase of the strategy-making process.
Throughout this course, you should complete the SLP before you complete the
Case. However, before you begin to address the SLP assignments, read the
Background materials thoroughly.

Required Reading

Welch, J., & Welch, S. (2008). State your business: Too
many mission statements are loaded with fatheaded jargon. Play it straight.
Businessweek, 4066 (80). Retrieved on November 6, 2012, from
http://www.businessweek.com/stories/2008-01-02/state-your-business

Session Long Project

In this module, you will be learning what constitutes good
mission and vision statements. You will also be developing a list of criteria
for evaluating such statements. You will then use these criteria to evaluate a
corporate vision and mission statement in the Case. Finally, you will be
comparing your two lists for commonalities and differences.

Keys to the Assignment

The key aspects of this assignment that you must cover in
your 3- to 4-page paper are:

• Step One:
Read the Background materials and conduct additional research about writing
mission and vision statements. You may rely solely on the websites in the
Background materials or supplement them if you wish. You will find that there
are a great many opinions on what constitutes a “good” mission statement.
Your job is to identify five criteria that you believe are crucial to devising
good mission statements.

• Step Two:
Research the Background websites dedicated to writing vision statements. Again,
you may supplement them if you wish. Identify five criteria you think are
critical to good vision statements.

• Step
Three: In a 3- to 4-page paper:

o List the
five criteria you have chosen for mission and vision statements (i.e., five
each). This can be a bulleted list.

o Justify
your choices. Explain why you think each individual criterion is important.

o Critically
compare the commonalities and differences between your two lists. Be sure that
you address this requirement with appropriate depth.

o Be sure
to have introduction at the beginning of paper and a conclusion at the end

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