Podcast
Questions and Answers
What is the purpose of a vision statement?
What is the purpose of a vision statement?
Which element is included in a vision statement?
Which element is included in a vision statement?
What differentiates a mission statement from a vision statement?
What differentiates a mission statement from a vision statement?
What does strategy entail?
What does strategy entail?
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What is the relationship between strategy and goals?
What is the relationship between strategy and goals?
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Which best describes the nature of strategy in relation to competition and business environment?
Which best describes the nature of strategy in relation to competition and business environment?
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Study Notes
Organizational Management
- Rules: how to do it, very long-term, documented, and signed by people, mostly limited to internal resources, conservative, and difficult to change, related to vision.
- Why to do: long-term, documented, related to goals, and influenced by competition and business environment.
- Tactics: how to do, short-term, non-documented, influenced by competition and business environment, and frequently changed, related to goals.
- Policy: a combination of why to do and how to do, with a long-term perspective, documented, and influenced by competition and business environment, related to goals.
Systemic Perspective
- Open systems: characterized by variety of organizational inputs, organizational type and structure, feedback, and environmental factors.
- Closed systems: lack of external influences and limited feedback.
Implications of Low-Motivation Teacher
- Negative entropy: a state of disorder or randomness, resulting from a low-motivation teacher.
- Feedback: indirect variable, affected by the teacher's performance.
Environmental Factors
- Religion and cultural factors
- Political-social rules
- Governmental and economic factors
Bloom's Taxonomy
- Six dimensions: Remember, Understand, Apply, Analyze, Evaluate, and Create
Vision and Mission
- Overarching vision: a short statement of why an organization exists, its overall goal, and its idealistic emotional future.
- Mission statement: a short statement of why an organization exists, its overall goal, and its operations, including its primary customers or market, and geographical region of operation.
Strategy
- A general plan to achieve one or more long-term or overall goals under conditions of uncertainty.
- Definition: a detailed proposal for doing or achieving something.
- Characteristics: how to do, short-term, non-documented, influenced by competition and business environment, and frequently changed, related to goals.
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Description
Test your knowledge on vision and mission statements which define the overarching goals and purpose of an organization. Understand the differences between a vision statement - outlining the future aspirations, and a mission statement - focusing on the present objectives and actions.
