mission statement

(noun)

a declaration of the overall goal or purpose of an organization

Related Terms

  • shareholders

Examples of mission statement in the following topics:

  • Defining the Business Mission

    • When defining a mission statement, remember that a mission statement answers the question, "Why do we exist?
    • A mission statement is a statement of the purpose of a company or organization, its reason for existing.
    • Always remember that a mission statement answers the question, "Why do we exist?
    • Examples of mission statements that clearly include the three essential components are:
    • Some ways that you can put your mission and vision statement into practice are:
  • Societal Role and Nonprofits

    • Non-profit marketing is mission-driven marketing using the organization's core mission as the foundation and marketing communications as the focus.
    • Central to this mission-driven marketing philosophy is adherence to the organization's core values, and using its mission statement as the basis for planning and implementation of marketing strategy.
    • Corporations also use mission-driven marketing to promote the goals of the organization as outlined in its mission statement and to communicate the benefits of achieving those goals to its stakeholders.
    • This is often driven by the mission to improve one or many aspects of society.
  • Conclude with Action Plan

    • It is based upon the mission statement that defines what the organization is and what it does.
    • Objectives - mission statement and vision statements, corporate, financial, marketing, long term and market share objectives
  • Defining the Vision

    • It is paramount to defining the company's vision and to creating a vision statement.
    • One can find a lot of resources online and offline on how to write compelling vision statements.
    • They are timeless and not necessarily expressed in the mission statement because the wording might change over time.
    • It expresses the soul of the organization, usually through a mission statement.
  • Defining Marketing

    • The overall directive for any organization is the mission statement or some equivalent statement of organizational goals.
    • Every functional area is guided by a philosophy (derived from the mission statement or company goals) that governs its approach toward its ultimate set of tasks.
  • Unique Issues in Nonprofit Marketing Strategies

    • A non-profit organization's (NPO) business goals tend to focus on the "organizational mission," which is the basis for the organization's governmental status or its non-profit, tax-exempt status.
    • In non-profit organizations, creative tensions may develop in the effort to balance mission with revenue.
    • A key component of marketing strategy is often to keep marketing in line with a company's overarching mission statement.
  • Managing Strategy

    • A statement of the company's key objectives, often subdivided into marketing objectives and financial objectives
  • Informative, Persuasive, and Reminder Advertising

    • Advertising should always be in line with promotional and marketing objectives, and the business strategy or mission of the organization.
    • Advertising objectives should always be in line with promotional and marketing objectives, as well as the business strategy or mission of the organization.
  • Positioning Bases

    • By using customer research and perceptual mapping, a marketer can create a positioning statement using one of the three main bases.
    • The position statement of SouthWest Airlines is, "The short-haul, no frills and low-priced airline. "
    • By using customer research and perceptual mapping, a marketer can create a positioning statement using one of the three main bases.
    • A positioning statement explains the target market for the product, the benefit of the product, and how the product is different than the competitors.
    • When creating a positioning statement, it is important to determine a pain point of the customer.
  • Understanding The Agency System + Account Services

    • Every advertising agency prides itself on their unique culture, creative philosophy and mission.
    • A communication objective statement might read, “Maintain brand image as market leader in adult female swimwear.”
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