Course
BUS 1101 – Principles of Business Management
Details
In the last unit, we learned about vision, mission, and values. In this unit, the text states: “…a strategy captures and communicates how vision and mission will be achieved and which goals and objectives show that the organization is on the right path to achieving them” (Carpenter et. al., 2010). What negative consequences can emerge when vision, mission, or values contradict strategy? Name a time when you believe strategy was not aligned with vision, mission, or values. How can leaders ensure that strategy matches the vision, mission, and values?
Please answer in 150 to 300 words. Use your own words – please do not copy and paste from a website. Be sure to reference your sources. Remember to post as early as possible, preferably by Sunday evening, in order to allow time for you and your classmates to discuss.
Then, engage in a dialogue with your classmates on the above question and any other perspectives you have on the above topics. You are expected to make at least three response posts to the discussion board during the course of the discussion period and rate your classmates’ posts. Don’t forget to rate the postings of your classmates according to the Rating Guidelines. Review the Discussion Forum rating guidelines to see how your classmates will be rating your post.
Reference
Carpenter, M., Bauer, T., & Erdogan, B. (2010). Management principles, v. 1.1. https://2012books.lardbucket.org/books/management-principles-v1.1/index.html
SOLUTION
McDonald’s Mission Statement: “McDonald’s brand mission is to be our customers’ favorite place and way to eat and drink. Our worldwide operations are aligned around a global strategy called the Plan to Win, which center on an exceptional customer experience – People, Products, Place, Price and Promotion.” (Comparably, n.d.).
In Unit 4, I briefly touched on how McDonald’s keeps its stakeholders happy. There have been times when the corporation’s strategy needed to align with its mission and vision statements. …..please click the icon below to purchase the solution at $5