(a) Craft a vision and mission statement for your business school and then for your college or university as a whole.

How are these statements related? How are they similar? How do they differ? How are they similar or different from those that you might craft for a for-profit organization?

(b) Using the vision and mission you crafted, develop a list of key stakeholders for your school and their relative power and stake in the school. Which of these stakeholder groups is accounted for in your vision and mission statement, and which ones are left out? Did you identify any stakeholder groups that could negatively affect your realization of this vision and mission?