Vision and Mission

The companys vision as stated on the website:

Inditex is committed to satisfying thedesires of our customers. As a result
we pledge to continuously innovate our business toimprove your
experience. We promise to provide new designs made from quality materials
that are affordable.
Inditex states that its mission is that Through Inditex business model, we aim
to contribute to the sustainable development of society and that of the
environment with which we interacts

Importance (Benefits) of Vision and Mission Statements

Inditex clearly has a formalized mission statement and they are currently
striving toachieve their mission through strategies implemented though their
objectives
in
longterm period. According to King and Cleland, taken from Fred Davids Strategic
Management book, it is said that there are six benefits of having carefullydeveloped mission statement:
1.To ensure unanimity of purpose within the organization
2.To provide a basis, or standard, for allocating organizational resources
3. To establish a general tone or organizational climate
4.To serve as a focal point for individuals to identify
organizations purpose
and direction, and to deter those who
from participating further in the organizations activities

with the
cannot

5. To facilitate the translation of objectives into a work structure involving

theassignment of tasks to responsible elements within the organization
6. To specify organizational purposes and then to translate these purposes
intoobjectives in such a way that cost, time, and performance parameters can
beassessed and controlled.

Board members
Mr. Pablo Isla
Chairman and CEO
Mr. Amancio Ortega Gaona
Founder of Inditex and Member of the Board
Mr. Jos Arnau Sierra
Deputy Chairman
Gartler S.L
Ordinary member
Mrs. Irene R. Miller
Ordinary member
Mr. Rodrigo Echenique Gordillo
Ordinary member
Mr. Carlos Espinosa de los Monteros Bernaldo de Quirs
Ordinary member
Mr. Emilio Saracho Rodrguez de Torres
Ordinary member
Mr. Nils S. Andersen
Ordinary member