Leaders today must be able to create a compelling vision

Assignment Help Finance Basics
Reference no: EM13395232

Leaders today must be able to create a compelling vision for the organization. They also must be able to create an aligned strategy and then execute it. Visions have two parts, the envisioned future and the core values that support that vision of the future. The ability to create a compelling vision is the primary distinction between leadership and management. Leaders need to create a vision that will frame the decisions and behavior of the organization and keep it focused on the future while also delivering on the short-term goals.

To learn more about organizational vision statements, do an Internet search and review various vision statements.
In this assignment, you will consider yourself as a leader of an organization and write a vision statement and supporting values statement.
Select an organization of choice. This could be an organization that you are familiar with, or a fictitious organization. Then, respond to the following:

  • Provide the name and description of the organization. In the description, be sure to include the purpose of the organization, the products or services it provides, and the description of its customer base.
  • Describe the core values of the organization. Why are these specific values important to the organization?
  • Describe the benefits and purpose for an organizational vision statement.
  • Develop a vision statement for this organization. When developing a vision statement, be mindful of the module readings and lecture materials.
  • In the vision statement, be sure to communicate the future goals and aspirations of the organization.
  • Once you have developed the vision statement, describe how you would communicate the statement to the organizational stakeholders, that is, the owners, employees, vendors, and customers.
  • How would you incorporate the communication of the vision into the new employee on-boarding and ongoing training?

Reference no: EM13395232

Questions Cloud

The production facility operates strictly eight hours per : 6 aztec furnishings makes hand crafted furniture for sale in its retail stores. the furniture maker has recently
You are attending your local pmi chapter meeting : you are attending your local pmi chapter meeting. fortunately it draws project managers from many different industries
What happens to balanced-growth-path values of capital per : consider a solow economy that is on its balanced growth path. assume for simplicity that there is no technological
What is the most efficient manner of multiple sequence : what is the most efficient way of multiple sequence alignment msa to get new msa based on k1 from based on k
Leaders today must be able to create a compelling vision : leaders today must be able to create a compelling vision for the organization. they also must be able to create an
What is integrative bargaining what are the key differences : what is integrative bargaining? what are the key differences between integrative bargaining and distributive
Find out at least 10 key success factors key financial : determine at least 10 key success factors key financial indicators to benchmark in any
Find out the average product function for input l determine : a certain production process employs only labor l. output q is a function of labor given by the following relationship
What are the stages of negotiation what are the three most : what are the stages of negotiation? what are the three most important steps in the negotiation planning process and

Reviews

Write a Review

Finance Basics Questions & Answers

  Evaluate the firms current stock price

Evaluate the firm's current stock price, growth model solve for the firm's current stock price

  Computation of bond''s nominal yield to maturity

Computation of bond's nominal yield to maturity and their nominal yield to call and what return should investors expect to earn on this bond

  What will be the percentage return on your investment

You purchase 100 shares for $50 a share ($5000), and after a year the price rises to $60. what will be the percentage return on your investment if you bought the stock on margin and the margin requirement was 25 percent, 50 percent, and 75 percent..

  Vulnerability characteristics

Choose assumptions that absolutely must remain valid. That is, if these assumptions don't hold true, international strategy success is in immediate danger.

  Calculation of implied growth duration of company

Calculation of the implied growth duration of company by using various parameters and What is the implied growth duration of Kayleigh Industries

  Should new issue be undertaken based on earnings per share

Assume that American Health Systems can earn 12% on the proceeds of the stock issue in time to include them in the current year's results. Should the new issue be undertaken based on earnings per share?

  Employee surveillance - provide a justification

Suggest at least three methods for an employer to monitor its employees’ use of company equipments. Provide a justification for your response

  Financing mergers and acquisitions

Think about the Textron Inc., and the possibility of it merging with Boeing Inc., Write a two to three page paper answering given questions:

  Assess loan options 50 36 calculate the ear for two banks

Assess Loan Options 50 36 Calculate the EAR for two banks

  Computation of number of shares to be used for requirement

Computation of number of shares to be used for required amount of requirement and How much will McDougal Entertainment receive from this stock offering

  Which projects should done using capital rationing thinking

Several smaller projects are available with much lower IRR's. Discuss which projects should be done using capital rationing thinking.

  How much will you receive as a percentage of par

A bond matures in 25 years, but is callable in 9 years at 125. The call premium decreases by 3 percent of par per year. If the bond is called in 15 years, how much will you receive as a percentage of par?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd