...the semiconductor industry. Intel employs 82,500 workers, 55% of which reside in the United States. The company was founded in 1968 and is based in Santa Clara, California. The Vision Navigating to Intel’s homepage and finding their vision statement was very easy. It reads: “Extend our silicon technology and manufacturing leadership. Deliver unrivaled microprocessors and platforms. Grow profitability worldwide. Excel in customer orientation.” Intel provides us with a clear and fairly precise vision of what they hope to accomplish in the future. Unfortunately, this is not a prime example of what a vision statement should be. The first problem is length. A vision statement with more then ten words is going beyond its true purpose, and yet Intel’s statement provides sentence after sentence of what they hope to be doing in the future. The consequence of this is that the statement, or in this case “statements,” are not at all memorable. Readers should be able to read a company’s vision and have it stay in their minds at least for a short time. Intel’s vision will not be so easily remembered in its current form. Another faulty aspect of Intel’s vision statement is that it is much too specific. Instead of giving readers an idea of the company’s overall future state, they provide more of a list of goals. “Extend our silicon...
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...Building an Ethical Organization Cheryl A. Boyd HSM230 September 23, 2012 Jennifer McNaught Building an Ethical Organization Today it is more important than ever for an organization to be seen as an honest and ethical organization. There is a long list of organizations that make the list of unethical organizations. Companies that abuse the public trust and are perceived to be abusive to clients, are dishonest, and give poor service make the list of unethical organizations. We have all seen the reports on the banks and scandals like Enron. We see daily the retail stores singled out or being sued for the mistreatment of employees. The list of ethical organizations is a much shorter list. This list is made up heavily of nonprofits such as the Salvation Army, Red Cross and the Susan G. Komen Foundations. What makes an ethical organization? “Many business experts treat ethics like a sermon on the mount. Although it is hard not to preach a bit when it comes to ethics. It’s interesting to consider how good ethical behavior is why the great companies are just that “(Mathews, 2012, pp. 1). There is a large movement today for organizations to be seen as an ethical organization. While it is possible for existing organizations to be fixed, it is best for a company to start out on a solid ethical foundation. “There are eight elements that comprise the ethical bedrock of an awesome organization. These elements are respect, honor, integrity, customer focus, results-oriented...
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...IBM's (IBM) Mission Statement At IBM, we strive to lead in the invention, development and manufacture of the industry's most advanced information technologies, including computer systems, software, storage systems and microelectronics. We translate these advanced technologies into value for our customers through our professional solutions, services and consulting businesses worldwide. International Business Machines (IBM) Company Information and Profile of International Business Machines (IBM) A major American corporation. The following profile and background facts about International Business Machines (IBM) provides company and business information for research and general interest including business address and telephone details, business industry, company description, slogan, International Business Machines (IBM) mission statement and or Vision statement and whether International Business Machines (IBM) appears in the Fortune 500 company listing - all useful business information. Name of Organization: International Business Machines (IBM) International Business Machines (IBM) Company Address: 1 New Orchard Rd., Armonk, NY 10504 International Business Machines (IBM) Telephone Number: 914-499-1900 Company Description As a top company in the Information Technology Services industry International Business Machines (IBM) specialize in Computer hardware, Computer software, Consulting and IT Services. Business Industry - Information Technology Services ...
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...Strategy and Planning What is meant by a mission and a vision? Clearly differentiate between the two. Companies summarize their goals and objectives in Mission and Vision statements Both these things serve different purposes for the company A mission statement describes what the company wants now The vision statement describes what the company wants to be in the future Mission: It lists the broad goals for which the organization is formed. Its prime function is internal, to define the key measure or measures of the organization's success It's prime audience is the leadership team and stockholders. It answers the question, “What do we do?” A mission statement talks about the Organization's present leading to its future. A Mission statement talks about HOW the organization will get to where it wants to be. Defines the organization's purpose and primary objectives. Vision: It lists where the organization sees itself some years from now. For employees, it gives direction about how they are expected to behave and inspires them to give their best. It shapes customers' understanding of why they should work with the organization. It answers the question, “Why are we here?” A vision statement talks about the organization's future. A Vision statement outlines where an organization wants to be. Communicates both the purpose and values of the organization. Sea World Mission: To work with purpose and passion on behalf of wildlife and habitats worldwide, encouraging...
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...-iv List of Tables-------------------------------------------------------------------------------------vii List of Figures------------------------------------------------------------------------------------viii List of Appendices-------------------------------------------------------------------------------ix Executive Summary------------------------------------------------------------------------------x CHAPTER I:INTRODUCTION------------------------------------------------------------------1 A. General Information-----------------------------------------------------------------------1 B. Background-----------------------------------------------------------------------------------2 C. Products---------------------------------------------------------------------------------------6 D. Current Revenues---------------------------------------------------------------------------6 E. Employees-------------------------------------------------------------------------------------6 CHAPTER II: RESEARCH DESIGN AND METHODOLOGY--------------------------7 A. Data Collection-------------------------------------------------------------------------------7 B. Research Methodology---------------------------------------------------------------------7 C. Research Design----------------------------------------------------------------------------7 CHAPTER III: VISION/MISSION-------------------------------------------------------------10 A. Present Vision and M...
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...strangers to the information systems organization. These outside readers need to be given the contextual information they need to fully comprehend the IT Strategic Plan. Basic Points: • Length of Part One: Write no less than two and no more than five double-spaced pages. Content should be clear and concise. • Narrative Form: Describe the background of the organization in narrative forms, which is more engaging for outside readers. • Fictional or Real The organization may be based on a real one or may be completely fictional. If you have ever considered a start-up, this is a great opportunity to put your ideas to paper! • Factual: The background description should include factual information about key aspects of the organization’s global environment, organizational structure, and IT values (see below for complete description and expectations). Content Will Include: Global Environment: In addition to the following items, include anything about the external environment that comes up in the strategic planning process. Such items can include, but are not limited to, competition or possible competition in the market, the need (or pressure) to outsource, whether relating to the given organization or the market (call centers, customer service, manufacturing, etc.). Confine the description to the organization’s unique, local situation in the present global economy. Issues affecting ALL organizations should be ignored. • Size...
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...CHAPTER 2 The Business Vision and Mission True/False Introduction 1. Vision and mission statements can often be found in the front of annual reports. Ans: T Page: 56 2. Although it is important for companies to have a clearly defined mission statement, research has shown that less than 50% of all companies have used a mission statement in the previous five years. Ans: F Page: 56 What Do We Want To Become? 3. The foundation for development of a comprehensive mission statement is provided by a clear vision. Ans: T Page: 56 4. The mission statement should be short—preferably one sentence. Ans: F Page: 56 5. When developing a vision statement, input should be received from as many managers as possible. Ans: T Page: 56 6. If an organization chooses to have both a mission and a vision, the mission statement should be established first. Ans: F Page: 56 What Is Our Business? 7. According to Peter Drucker, asking the question “What is our business?” is synonymous with asking the question “What is our vision?” Ans: F Page: 59 8. A declaration of an organization’s “reason for being” is the mission statement. Ans: T Page: 59 9. A mission statement, sometimes called a creed statement, can be defined as an “enduring statement of purpose that distinguishes one organization from other similar enterprises...
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...Strategic Quality Management and Customer Satisfaction Paper Effie Dillard, Joaquin Mercado, Sherri Copeland MGT/449 June 20, 2011 Tracy King-Dye Strategic Quality Management and Customer Satisfaction Paper The History of Amazon.com In the beginning Amazon.com conducted business out of a two car garage in Bellevue, Washington. Today this retailer headquartered in Seattle, Washington has one of the largest organizations on the internet. By employing thousands of employees the organization has gained outstanding success. Customers from all over the world can purchase books, movies, and thousands of other products with just a click of a computer mouse. Amazon.com was introduced to the world in 1994 by Jeff Bezos who resided in Bellevue, Washington. “With a small investment and only one investor Mr. Bezos was able to secure a user friendly website and ship orders to 50 states and over 48 countries. During this time books were the only products that were available”. (The History of Amazon.com, 2011) “By creating a powerful community based website, customers were able to add their book reviews for all customers”. (The History of Amazon.com, 2011) In May of 1997 Amazon.com went public and by public demand the share price went from an expected $18 to $24 a share with total earnings of $54 million dollars. Within the last decade through expansion and popularity, Amazon.com opened international sites in Germany and the United Kingdom...
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...Running head: MISSION, VISION, AND VALUES Mission, Vision, and Values Valerie M. Kramer University of Phoenix Mission, Vision, and Values A company’s mission identifies the scope of operations and defines the uniqueness of the organization (Pearce & Robinson, 2004). This paper provides background on Marriott International, Inc (Marriott) before delving into the company’s stated current mission and vision statements. Revisions to the mission statement are provided and the expected impact to the culture of the organization is explored. Finally, this paper addresses some important considerations on the effect on the leadership of the suggested mission statement revisions. Marriott International, Inc. Background Marriott is a global hospitality company operating more than 2,600 lodging facilities, primarily in the U.S., but also in 69 other countries and territories (Datamonitor, 2009; Datamonitor, 2006). The corporation has developed several brands in the mid to luxury sectors of the hotel industry, including The Ritz-Carlton in the luxury sector; Marriott Hotels and Resorts, and Renaissance Hotels and Resorts in the upscale sector; Courtyard by Marriott in the upper mid sector; and Fairfield Inn by Marriott in the mid-scale market. Extended stay properties, time-shares and golf finish the list of property types owned or operated by Marriott (Datamonitor, 2009; Marriott International, Inc., 2009a). The company had $12.9 billion in revenue during 2007...
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...employees for this company to reach its full potential. By implementing our recommendations CanGo can look forward to building a stronger company foundation, a growing presence in the online gaming market place, and a general increase in company moral In this first analysis report we will be going over six most important issues that CanGo will have to address immediately in order to guarantee continuous company growth and longevity in the market place. These issues include: 1: Company Mission and Vision statements 2: Goal setting and deadlines 3: Strategic planning 4: Workplace communication 5: Management skills 6: Market research Now that we have provided our six main focus areas for improvement, let us dive into the matter further by discussing and exploring each of these issues in greater detail to show how they really affect the overall success of your company, followed by our recommendations and suggestions to how CanGo can potentially fix these problems. Concern 1. Company Mission and Vision statements CanGo is a young up and coming company with a lot of heart and passion at the nucleus of its success. The founder and CEO Elizabeth is very ambitious, resourceful and motivated to see her company succeeds in this tight nit marketplace...
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...should your organization use VMOSA? * When should you use VMOSA? Like everyone else, community organizers often dream about goals they would like to accomplish, such as an end to drug abuse; every child being wanted, cared for, and nurtured; a home for everyone; peace in our lifetime. These are just a few of many people's visions for our community. Unfortunately, like many individual dreams, we think these objectives are too lofty and unattainable to ever be realized. But, in fact, realizing these dreams is possible. Look, for example, at our global success in eradicating small pox, or how far we have come since the 1950s in the United States towards reaching racial and gender equality. As Henry David Thoreau said over a century ago, "If you have built castles in the air, your work need not be lost; there is where they should be. Now, put foundations under them." Building foundations for your community dreams is what VMOSA, the strategic planning process that is the focus of this chapter, is all about. It's about groups of people deciding together what they want to accomplish, and how they are going to get there. What is VMOSA? One way to make that journey is through strategic planning, the process by which a group defines its own "VMOSA;" that is, its Vision, Mission, Objectives, Strategies, and Action Plans. VMOSA is a practical planning process that can be used by any community organization or initiative. This comprehensive planning tool can help your organization by providing...
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...Planning in organizations and public policy is both the organizational process of creating and maintaining a plan; and the psychological process of thinking about the activities required to create a desired goal on some scale. As such, it is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans, that is, it combines forecasting of developments with the preparation of scenarios of how to react to them. An important, albeit often ignored aspect of planning, is the relationship it holds with forecasting. Forecasting can be described as predicting what the future will look like, whereas planning predicts what the future should look like.[1] The term is also used for describing the formal procedures used in such an endeavor, such as the creation of documents, diagrams, or meetings to discuss the important issues to be addressed, the objectives to be met, and the strategy to be followed. Beyond this, planning has a different meaning depending on the political or economic context in which it is used. Two attitudes to planning need to be held in tension: on the one hand we need to be prepared for what may lie ahead, which may mean contingencies and flexible processes. On the other hand, our future is shaped by consequences of our own planning and actions. Planning is a process for accomplishing purposes. It is a blue print of business growth and a road map of development. It...
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...time to create a mission statement for a business small or large, it is important to have a mission statement because creating a vision will guide a company’s future. In doing so a mission statement will provide the vision, mission, and values for the organization’s that will help determine the strategic direction. A well define mission statement will not only help guide a company to success but also define the owner, employees and also set you apart from your competitors. Before creating a mission statement is important to have a vision statement that will convey what the intent for the future of the company and clarify the organizations beliefs and principles. My vision for my independent trucking business would be “To be the most requested independent driver in central Texas by providing first class transportation solutions.” My long range goal is to broker my own deals with the shippers, drive the goods myself and own my own truck. With the vision statement clarifying my trucking company’s goal and where I want to be in the future; the next step is to make a mission statement to capture the reason to be in business and what will help in making company decisions. Central Texas Trucking Company (CTTC) is dedicated to the principal and philosophy of being the best domestic transportation throughout Texas. As an independent trucker, I will provide transportation solutions with the highest commitment to excellence and integrity. In any business, a vision, mission, and values will...
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...I consider the effect that my member’s decisions will have years from now as well as their immediate consequences. A caretaker, Inspires others with vision, A role model, Empowers others. Here are the list of my management strengths: A planner, organizer, facilitator, director, and controller. Scenario: your RN clinical preceptor has identified that your clinical unit is chronically understaffed. Based on your facility’s organizational chart, describe the process (channels of communication) needed to address this issue appropriately. At what level on the organizational chart will the decision be made to hire more nurses? Please attach a copy of the organizational chart to this journal. Organizational Chart Philip V. Warman - President Carmen R. Scoma - Administrator Sylvia Baker , CRNI - Director of Nursing Ella Thomas, RN - Admitting and Supervising Nurse Millie Haglund - Financial Officer Melissa Earle - Director of Marketing Steve Bloom - Staffing Coordinator Sandy Kane - Billing Specialist What is the mission and vision of your clinical agency? Please attach a copy of the agency’s mission, vision, philosophy and organizational chart in your journal. VISION To be the most trusted and respected professional services firm recognized by our clients for delivering excellence. MISSION To serve our clients by providing the...
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...Introduction Strategic planning determines where an organization is going over the next year or more, how it's going to get there and how it'll know if it got there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program. There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's environment, size of the organization, expertise of planners, etc. For example, there are a variety of strategic planning models, including goals-based, issues-based, organic, scenario (some would assert that scenario planning is more of a technique than model), etc. For-Profit Versus Nonprofit Strategic Planning Major differences in how organizations carry out the various steps and associated activities in the strategic planning process are more of a matter of the size of the organization -- than its for-profit/nonprofit status. Small nonprofits and small for-profits tend to conduct somewhat similar planning activities that are different from those conducted in large organizations. On the other hand, large nonprofits and large for-profits tend to conduct somewhat similar planning activities that are different from those conducted in small organizations. (The focus of the planning activities is often different...
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