“A goal is a dream with a deadline.”
~ Napoleon Hill
A mission statement explains what your business is trying to achieve.
For internal decision-making, it helps as key decisions should be made with regards to how well they help the company progress in achieving its mission.
Also, for internal (e.g., employees) audiences, the mission can inspire and get them excited to be part of what the company is doing.
Some great examples of mission statements include the following:
- Google’s mission is to organize the world’s information and make it universally accessible and useful.
- Kiva’s mission is to connect people, through lending, for the sake of alleviating poverty.
Having a great mission statement can help guide your company and inspire employees to perform their best.
Do you have the right plan?
The right strategic plan for your business includes:
1) the best strategy to follow
2) a written roadmap so there’s no confusion as to what your team needs to accomplish and when
In no time, you’ll have a strong plan to follow so your company wins.
Why play the game of entrepreneurship if you’re not going to win?
Today’s Question: Created by and named for a Canadian Nobel laureate, what is the type of sealed-bid auction where bidders submit secret written bids and in which the highest bidder wins, but the price paid is the second-highest bid?
Previous Question: What measure of a traded corporation is calculated by multiplying its share price with the number of outstanding shares?
Previous Answer: Market capitalization.
It represents the public opinion of a company’s net worth and is a determining factor in some forms of stock valuation.
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