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View Full Version : What is difference between the company policy & company vision or strategy


wessamsheta2000
18th June 2006, 02:05 AM
Hi all,
I am confused bet. the diff. between these two concepts which they are mandatory in every company.
they seem very similar to me
so please if any one knows exactly what should be written in policy and not in the company vision and vise versa

or that they are just titles

Marc
18th June 2006, 07:47 AM
To start out, see if these discussions help:

Quality Policy vs. Objectives, Goals, Mission, Target, Vision - Differences (http://elsmar.com/Forums/showthread.php?t=2662)
Vision Mission, Quality Policy, Quality Objective, Divisional Objective (http://elsmar.com/Forums/showthread.php?t=10933)

Wes Bucey
18th June 2006, 10:28 AM
To start out, see if these discussions help:

Quality Policy vs. Objectives, Goals, Mission, Target, Vision - Differences (http://elsmar.com/Forums/showthread.php?t=2662)
Vision Mission, Quality Policy, Quality Objective, Divisional Objective (http://elsmar.com/Forums/showthread.php?t=10933)
Interesting, isn't it, how many times the same themes are revisited by Quality professionals throughout the world?

In addition to Marc's suggestions, you should be aware the Forum software picks up similar threads and lists them in a table at the bottom of each thread.

Using the Advanced search function (see the thumbnails below) should probably be the first option before posting a new thread.

Randy
18th June 2006, 02:25 PM
Hi all,
I am confused bet. the diff. between these two concepts which they are mandatory in every company.
they seem very similar to me
so please if any one knows exactly what should be written in policy and not in the company vision and vise versa

or that they are just titles


Well 1st off, you're incorrect about policy and vision. The terms may be used seperately, concurrant, or even not at all. It all depends on the company.

With regards to Management Systems...a Policy is nothing more than the documented intent of the organization, established by Top Management, to fulfill whatever the specific requirements for a Policy are.

An organization can have a Policy, a Vision statement, a Statement of Intent, or anything else they want to call it. In essence all that is being stated or has to be stated is "Here's who we are, what we promise, and how we intend to do it" That's it! Anything else is just rhetoric, gibberish and tripe.

apestate
19th June 2006, 01:30 AM
Many of these statements and plans termed "quality policy", "company policy", "vision", "mission statement", and so forth have been used forever to carry a consistent message across an organization.

The standards have, for the most part, repeated this aspect of organizations in their requirements.

I found it interesting to make a company quality policy in accordance with ISO 9001:2000. It's a simple thing, really, but not so easy. The standard introduces many requirements for the content of the quality policy, and it's hard to touch on all those things in decent language.

The most trying thing about this was getting the input of the other people in the company, who had no idea where I was going with ISO 9000 and didn't want to know. Without their help, that consistent message across the company didn't carry any weight. It sounded great though.

Does ISO 9001:2000 for example hold any requirements for strategy and vision for the company's future? What standards do refer to a business plan?

Marc
19th June 2006, 02:36 AM
What standards do refer to a business plan?
TS 16949 refers to and requires a business plan, as I remember.

Jim Wynne
19th June 2006, 10:03 AM
TS 16949 refers to and requires a business plan, as I remember.

Not exactly; 5.4.1.1 says,
Top management shall define quality objectives and measurements that shall be included in the business plan and used to deploy the quality policy.

The standard doesn't define "business plan," however, nor does it make further reference to it, as far as I can see. Use of the definite article (the business plan, as opposed to a business plan) affects the meaning of the statement to the extent that it may interpreted to mean, "If there is a business plan..."

ddunn
19th June 2006, 11:01 AM
Per PDMA (Product Development and Management Association) a strategy consistis of the following and forms the basis for your company culture:

STRATEGY

• MISSION, VISION AND VALUES
Who is Your Company?
Mission – A statement of the purpose of your company used to focus the energy and resources.
Vision – A statement to provide a direction for your company and a picture of our future.
Values – A code of conduct expected of people in fulfilling the mission.

• BUSINESS STRATEGY
What is Your Company’s game plan?
What our business is and is not
Who are your customers
How will you play the game
What are your strategic assets and capabilities
What is the right organizational environment

• PRODUCT STRATEGY
How is Your Company going to achieve the company vision?
Define Core Strategic Vision
Where you want to go
How you expect to get there
Why you believe we can be successful
Will we be:
Prospectors – First to market, high technologies
Analyzers – Fast followers to Prospectors, often better products
Defenders – Maintain niche is a stable market
Reactors – Respond only under duress
Align internal resources to market opportunities
What products will be offered
Why will your customers prefer our products

• PRODUCT INNOVATION CHARTER
What are Your Company’s expectations for product development?
An agreement between Management and Engineering to:
Link the strategy to product policy
Define management expectations
Provide direction and clarity to focus engineering work

wessamsheta2000
20th June 2006, 01:55 AM
Dear Ddunn
I don't get it here, did you mean that whenever you write your company strategy. you should take all of this in consideration
I thought that will be basically about a statement to provide a direction for your company and a picture of its future in general.

ddunn
20th June 2006, 08:53 AM
Dear Ddunn
I don't get it here, did you mean that whenever you write your company strategy. you should take all of this in consideration

Yes.
In order to have a coherent flow throughout your strategy and to align all resources (personnel, equipment, facilities, schedules and FUNDING) to achieve the mission and vision all of these must be considered.

None of the statements should be long or complex. That would defeat the purpose of them. Keep it well defined, clear and short.