Professional Documents
Culture Documents
Performance Management
Case study 3-2 (GAP INC)
Submission Date: 10/08/2022
1. Mission statement and vision:
The mission of GAP Inc. is to initiate a bond of passion that strikes the emotions of our
customers by developing one-of-a-kind designs, brands and experiences.
Our vision is to expand profits by providing the greatest clothing for adults and kids with a great
price and excellent quality. Focusing on comfort and casual clothes.
3. Summary:
The task requires us to devise a new strategic plan that will bring alignment between
organizational and store-level strategies. Our brand will be a clothing brand to young adults and
professionals demanding casual wear. Our mission will be to make a strong emotional bond with
our customers by using uniqueness in our designs, branding and experience. And the vision is to
increase revenue on our side whereas reducing prices, increasing quality for the customers. We
would also like to increase our sales by 12% every month with continuous improvement (costs
and quality). We would like to bring our customers’ demands into reality. There were 2 basic
problems related to the company firstly the performance management of employees was not
effective. Secondly decreasing sales every month. By devising our appropriate mission and
vision statement we can not only solve both of these problems but also create a balance between
organizational and retail-store strategies.
4. Two key takeaways about the link between strategic planning and performance management
systems:
Second, we move on to the next issue which is also there was decrease in sales in every
month. Now the chief executive thinks that this is because of lack of the strategic
alignment between the company's overall mission and its retail stores. But as we
discussed in first step that strategic plan which the organization thought to carry like not
in decrease of the sales but to increase the sales. But it got decreased 10% as well
monthly. But the organizations mission was to “create emotional connections with
customers through our brands, unique designs, and enjoyable store experiences." This
mission doesn’t mean it’s the fault of strategic management which the chief couldn’t
carry out. Even like performance of the employees would have been seen or checked
whether they were performing properly or not. But we also follow the objectives, vision
etc. to carry out the goal. So, we can say that the objectives or the vison has also not been
carried out. In performance we missed our assessment, planning or we can say the
components of performance management to carry. Or the manager didn’t take seriously
or didn’t understand the task.