When a business creates its mission statement it should include managers and shareholders. The mission statement should identify goals to maximize performance. This statement should outline strategies that will assist the business to achieve their goals. The statement should also create action plans to implement all strategies as well as plans to monitor and follow up$.$ Discuss the challenges and any reservations that you might have. Mandates are essential to the plan. They are designed to create time, expense, manpower, and limitations on what an organization should do when creating a strategic plan.