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The Business Vision & Mission: Strategic Management: Concepts & Cases 13 Edition Fred David
The Business Vision & Mission: Strategic Management: Concepts & Cases 13 Edition Fred David
Strategic Management:
Concepts & Cases
13th Edition
Fred David
PepsiCo’s responsibility is to
continually improve all aspects of the
world in which we operate –
environment, social, economic –
creating a better tomorrow than today.
Clear Business
Vision
Comprehensive
Mission Statement
Reveals:
what the organization wants to be
whom we want to serve
Creed statement
Statement of purpose
Statement of philosophy
Statement of beliefs
Consolidate values
to responsible action
Copyright © 2011 Pearson
Education, Inc. Ch 2 -28
Declaration of
Attitude
Broad
Broadin
inscope
scope
Generate
Generatestrategic
strategicalternatives
alternatives
Not
Notoverly
overlyspecific
specific
Reconciles
Reconcilesinterests
interestsamong
among
diverse
diversestakeholders
stakeholders
Finely
Finelybalanced
balancedbetween
between
specificity
specificity&&generality
generality
Arouse
Arousepositive
positivefeelings
feelings&&
emotions
emotions
Motivate
Motivatereaders
readersto
toaction
action
Generate
Generatefavorable
favorableimpression
impression
of
ofthe
thefirm
firm
Reflect
Reflectfuture
futuregrowth
growth
Provide
Providecriteria
criteriafor
forstrategy
strategy
selection
selection
Basis
Basisfor
forgenerating
generating&&
evaluating
evaluatingstrategic
strategicoptions
options
Dynamic
Dynamicin
innature
nature
needs
Identifies the utility of a firm’s products
to its customers
Copyright © 2011 Pearson
Education, Inc. Ch 2 -33
Utility of Firm’s Products to Customers
Mission Technology
Employees Components
Survival,
Growth,
Public Profits
Image
Self-Concept Philosophy