Visions, Mission, & Values

In this sectlon$,$ you will formulate a vision, mission, and values statement for your innovatbve new product idea that increases the competitive advantage of your chosen organization. Introduce the concept and importance of wision, mission, and value statements. Use rasearch to help explain these concepts and their relationship to strategy.

$4\mathrm{.}1$ Vision Statement

In this section, formulate a vision statement for your innovative new idea.

Explain how your vision statement increases the competitive advantage of your chosen organization.

$4\mathrm{.}2$ Mission Statement

Present the current mission statement of your chosen organization. Next, explain how the mission statement for your chosen organization will support the vision for your innovative new product idea that increases the competitive advantage of your chosen organization.

$4\mathrm{.}2\mathrm{.}1$ Revised Mission Statement Proposal

Revise the mission statement of your chosen organization if necessary. If not, delete section $4\mathrm{.}2\mathrm{.}1.$ After revising the mission statement, explain why it is important to the successful implemeritation of your strategy for this new product idea.

$4\mathrm{.}3$ Values Statement Mgm resorts international