Question: How can a company's vision statement lead to its ability to gain and sustain a competitive advantage? A truly meaningful and inspiring purpose - driven
How can a company's vision statement lead to its ability to gain and sustain a competitive advantage? A truly meaningful and inspiring purposedriven vision statement can make employees feel part of something bigger, which can be highly motivating. When employees are motivated, a positive financial performance tends to follow, but the success runs deeper than just higher profits.
This exercise is important because it compares and contrasts the strategic implications of productoriented and customeroriented vision statements and how a compelling vision statement can lead to organizational success.
The goal of this exercise is for you to demonstrate your understanding of the differences between customeroriented and productoriented vision statements.
After reading about customeroriented and productoriented vision statements, complete the following exercise by matching the company to its correct vision statement type.
Sonos: Fill everv ronm with mcir
Uber: Transbortation as reliable as running water, everywhere for everyone.
nnle Tn hrinninn the hect cer experience to its customers through its innovative hardware, software, and services
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