Why do many firms move too hastily from vision/mission development to devising alternative strategies?
Answer to relevant QuestionsWhy are strategic planning retreats often conducted away from the work site? How often should firms have a retreat, and who should participate in them? Distinguish between the “self-concept” and the “philosophy” components in a mission statement. Give an example of each for your university. In your opinion, what are the three most important components that should be included when writing a mission statement? Why? What are some different names for “mission statement,” and where will you likely find a firm’s mission statement? Governments worldwide are turning to “nationalization of companies” to cope with economic recession. What are the strategic implications of this trend for firms that compete with these nationalized firms?
Post your question