Helmut Jilling
Auditor / Consultant
Bill Pflanz said:I was in the process of saying just what Jim said about mission statements and the same thing is true of corporate mission statements. There have been lots of successful companies without mission statements. Whether it is personal or corporate, it is not the mission statement that is important but what actions you take. Regardless of what your mission statement says, your customers (or those around you) will know what is important to you by what you do.
There are plenty of self help books for personal and business use that insist that it will not be done unless it is written down. For some people that may be true but not everyone needs that assistance. If it works for you or your company than great, I just think that most companies have it as a plaque on the wall.
Bill Pflanz
I would argue that every company that has sustainable success has a mission statement. But, they don't all write them down. There has to be a clear understanding of the goal, the focus, something that ties the culture and team together. Some companies just don't write them down.
And, when a company loses that focus, they slowly begin to lose market share...