Explain the principal value of a vision and mission statement.
Answer to relevant QuestionsWhy is it important for a mission statement to be reconciliatory? How often do you feel a firm’s vision and mission statement should be changed? Drucker says that the most important time to seriously reexamine the firm’s vision/mission is when the firm is very successful. What is this? Compare and contrast the duties and responsibilities of a CIO with a CTO in a large firm. Could/should critical success factors in a CPM include external factors? Explain.
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