Leaders today must be able to create a compelling vision

Assignment Help Corporate Finance
Reference no: EM13381872

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: EM13381872

Questions Cloud

It is january 2 2005 and the president of byfield : it is january 2 2005 and the president of byfield corporation has approached you with a problem. the president has
Giant enterprises stock has a required return of 148 the : giant enterprises stock has a required return of 14.8. the company which plans to pay a dividend of 2.60 per share in
An imposed budget forecast approach does not allow input : an imposed budget forecast approach does not allow input from those who are directly affected by the process. this can
An imposed budget forecast approach does not allow input : an imposed budget forecast approach does not allow input from those who are directly affected by the process. this can
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
Question 1company hta had a free cash flow for the firm : question 1company hta had a free cash flow for the firm fcff of 1500000 last year. it is expected the fcff will keep a
Question 1history proves thata countries with low rates of : question 1history proves thata. countries with low rates of money growth have high rates of inflationb. money growth
1 conduct a dupont decomposition of lucents roe for the : 1. conduct a dupont decomposition of lucents roe for the 1998 1999 and 2000 first december quarters. what factors
Considering genesis s aggressive growth plan sensible : considering genesis s aggressive growth plan sensible essentials suggested that its client should broaden the scope of

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of capital.

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