Explain the importance of an organization’s mission statement and its vision statement?
200-250 words in length and should use at least one resource as support. Use APA citation format
Whereas a mission statement defines a company`s business, its objectives and approaches, the vision statement describes the aspired future company’s position. These two elements are usually consolidated to outline the organizations goals, values and purposes. They are important to the extent that they assist the organization in outlining performance standards and metrics on account of goals they intend to achieve. They also provide the employees with particular goals to attain and consequently promoting productivity and efficiency.