Completion requirements
Read these sections to see how to create a vision and mission statement. Then, think about using the mission and vision statement in a modern organization. Attempt the exercises at the end of each section.
Stakeholders
Exercises
- What are stakeholders, and why are they relevant to mission and vision?
- Are stakeholders equally relevant to all parts of P-O-L-C, or only mission and vision?
- What is stakeholder analysis? What are the three identification steps?
- How does stakeholder analysis help you craft a mission and vision statement?
- Which important stakeholders might you intentionally exclude from a mission or vision statement?
- What are the risks of not conducting stakeholder analysis as an input to the formulation of your mission and vision?