What Is a Mission Statement Definition and Examples

REI`s mission is primarily focused on what it wants to do for its clients, but the mission statement also hides its mission to protect the environment. Their focus on “going out” creates a bond between them and their customers. A trade mission statement should not be an essay describing how the company started and where the vision came from. Save this descriptive content for your About Us page. It should be direct, targeted content that acts as a kind of headline for your business. Saying that you value fair compensation, opportunity to grow, training, a healthy and creative work environment, and respect for diversity is probably a good idea, even if this part of your mission statement isn`t unique. Indeed, the mission statement can serve as a reminder for owners, supervisors and employees and as a lever for self-application. Instead, the company takes a stand on the state of enterprise software in general: there`s a lot of cutting-edge technology out there. But Workday is all about people. We love how confident and yet friendly this mission statement is. The company monitors the state of its industry, which Workday says lacks a human touch and creates value for the business. It is not uncommon for large companies to spend many years and millions of dollars developing and refining their mission statements. In some cases, mission statements end up becoming common phrases.

This mission can be a bit unexpected if you`re not familiar with the company`s public charity: How will a t-shirt company help spread optimism? Life is Good answers this question below, where the mission is explained in more detail through a video and links to the company community and the Life is Good Kids Foundation page. We really like how sublime and specific this mission statement is – it`s a difficult combination to balance. Workday, a department that automates human resources (HR) tasks, does not use its mission statement to highlight the capabilities of its product or how it aims to help HR professionals improve in some way. Honest Tea`s mission statement begins with a simple punchline stating that tea is authentic, pure, and therefore not full of man-made chemicals. The brand caters to an audience tired of finding ingredients in their tea that can`t be pronounced and looking for a tea that`s exactly what they say. Coca Cola takes a slightly different approach with a letter of intent and then a vision. Their purpose is essentially their mission statement and says a lot about their brevity. They want to refresh people physically and mentally and at the same time have a positive impact on the world. Their vision also involves their goal of serving the entire global population, which is in line with their corporate and shareholder goals.

“Virgin America is a California-based airline dedicated to offsetting flights with brand new aircraft, attractive fares, world-class service and a host of fun and innovative amenities that reinvent domestic air travel. Think of your mission statement as a branding tool – summarize your company`s purpose in a few memorable sentences or less. This mission statement is unique for several reasons: it embodies Workday`s belief that enterprise software stands out from the competition. At the same time, she takes a look at the HR software industry as a whole and makes a clear statement that, ironically, people often fall by the wayside in HR. It`s a confident mission statement that not only observes the state of the industry, but also supports Workday`s values. So how do you make a useful mission statement? Over the decades I`ve spent reading, writing, and evaluating business plans, I`ve developed a process for developing a useful mission statement, and it boils down to these five steps. The mission statement guides decisions when a company pursues its objectives. It is necessary to highlight the main objective of the company. When writing, you have to evaluate each choice and choose what is best for the future of the company. This allows managers to help their team solve challenges and generate ideas to discuss decisions. The statement encourages discussion and refocuses a disorganized team.

First, ask executives what they think is the purpose of your business. Ask questions like: In business school, they taught us that management`s mission is to increase stock value. And stocks are goods. Some would argue that it stands for granted that a business exists to improve the financial situation of its owners, and that may be the case. However, only a small subset of all companies are affected by the buzzwords “stock value” and “return on investment.” Defines the industry in which a company operates and what purpose it serves If you`ve ever shopped at Nordstrom, you know the brand will maintain the high level of customer service outlined in its mission statement, as employees always roam the retail floors, asking customers if they`ve been helped and doing everything they can to make the shopping experience memorable. Warby Parker, an eyewear company, does a great job of expressing a higher mission that includes customers, employees, and owners. Now that we know what they are, let`s dive into some useful examples from different industries. A mission statement describes the company`s activities, its objectives and how it intends to achieve those objectives. A vision statement describes the direction in which the company wants to go.

A mission statement defines in which sector a company operates and why it exists or what it serves. Every company should have a specific statement of intent that gets people excited about what they do and motivates them to be part of the organization. A mission statement should also define the company`s business strategy and usually has a few sentences. Patagonia`s mission statement underscores the company`s commitment to helping the environment and saving the planet. The people behind the brand believe that one of the most direct ways to limit environmental impact is to use products that can last for generations or be recycled so that the materials they contain remain in use. As a business grows, you add departments and employees. As a result, a company`s growth risks losing sight and culture. A statement is known to give everyone a decision-making guide.

In particular, it helps the company to operate together and in one direction. Clear statements help maintain consistency and avoid ambiguity. Before you release the statement, ask someone else to rate it or get the team`s opinion. While you`re editing, keep an eye out for the buzzwords and hype that everyone is clamouring for. Cut as much as you can that isn`t specific to your business, except for occasional special items that, unique or not, can serve as long-term rules and reminders. Unique itself, the word, literally means the only thing in the world. Use it sparingly. Phrases like “best possible,” “world-class,” and “excellent customer service” don`t mean much because everyone uses them.

Having good customer service is much harder than writing this in a mission statement. The best mission statements are clear, concise and memorable. Here are some examples: How instruction is used depends on the size and nature of the business. Small businesses can display it where all employees can see it, or include it on computer screensavers as a regular reminder. Some companies share it in marketing materials – on the website, in the company description in marketing materials and in advertisements. “Southwest Airlines` mission is to be committed to providing the highest quality customer service, delivered with a sense of warmth, friendliness, individual pride and entrepreneurial spirit.” A mission statement creates perfect clarity behind the “what,” “who,” and “why” of your business. The best mission statements are the guidelines by which a business operates. Everything you do as a business should work towards your mission statement. The extended version of the mission reads: “We believe that buying glasses should be easy and fun. It should make you look happy and good, with money in your pocket,” which shows once again how Warby Parker doesn`t hold back from letting his unique personality shine through.

Here, the success of the mission statement depends on the right choice of words. This mission statement is great because it brings together all the elements that make Patagonia successful: their high-quality products and their core value of putting the environment first. Patagonia is a company focused on selling products and reselling, which is why its core value is a perfectly balanced blend of what sets its business apart from others. In addition, the focus on their product keeps their mission statement strong and achievable. The brands and companies we really connect with offer more than just providing a product or service. They show a purpose, a mission behind which we can stand. This can be seen in the way they interact with the customers, organizations, and communities they support, and even in how they develop their products. And there`s no better way for a business owner to demonstrate this goal than through a well-written mission statement.