Strategic Purpose Flashcards
What is vision in organizational managementand how does it relate to purpose?
Definition: Describes the desired future state of the organization.
Purpose: Inspires and aligns organizational efforts towards a common aspiration.
Key Questions: “What do we want to achieve in the future?”
What is mission in organizational management and how does it relate to purpose?
Definition: Defines the fundamental purpose and scope of the organization.
Purpose: Sets the unique identity and operational focus.
Key Questions: “What is our purpose?” “Why do we do this?”
What are objectives in organizational management and how do they relate to purpose?
Definition: Clear and measurable goals over a specific period.
Purpose: Provide specific targets for achievement.
Key Questions: “What do we need to accomplish and by when?”
What are strategies in organizational management and how do they relate to purpose?
Definition: Fundamental goals and scope of organizational activities.
Purpose: Utilize capabilities to achieve mission, vision, and objectives.
Components: Reflects organizational advantages and goals.
What are policies in organizational management and how do they relate to purpose?
Definition: Broad guidelines for decision-making.
Purpose: Link strategy formulation with implementation.
Implementation: Interpreted and applied at divisional and functional levels.
What are the key principles for creating effective organizational statements?
Focus: Clearly defines organizational activities while excluding others.
Motivational: Inspires and stretches performance levels, being distinctive, credible, and authentic.
Clear: Easy to communicate, understand, and remember across the organization.