Vision Mission Values Flashcards
1
Q
Business Strategy
A
It’s a collection of intentional decisions that a company makes to give it the best chance to thrive and to differentiate it self from the competitors.
Understand where you are now and where you want to go
2
Q
Vision
A
A clear and inspirational description of what an organization would like to accomplish in the future
3
Q
Mission
A
It defines what the business is and why it exists
4
Q
Importance of a mission statement
A
- template for decision making
- assist in organizational alignment
- welcomes helpful change
5
Q
external mission
A
your pledge to your customers
6
Q
internal mission
A
your pledge to your team
7
Q
culture
A
a collection of a companies assumptions, values, and beliefs
8
Q
values
A
define organizations culture and beliefs
9
Q
The neuroscience of trust
A
- recognize excellence
- induce “challenge stress”
- give people discretion in how they do their work
- enable job crafting
- share information broadly
- intentionally build relationships
- facilitate whole-person growth
- show vulnerability
10
Q
The most effective teams
A
- psychological safety: taking risks
- dependability
- structure and clarity: expectations
- meaning: purpose
- impact: the results
11
Q
P-V Fit
A
- compatibility between individuals and their vocation/ profession
12
Q
P-O Fit
A
- compatibility between individuals and organizations
