Mission Vs Vision Statement Difference Between Vision And Mission Sometimes the terms “mission statement” and “vision statement” are used interchangeably or even combined into a single statement. but they mean two very different things. your mission statement is what your company is doing right now, while your vision statement is what you hope to achieve in the future – where you are in this moment. Vision and mission statements serve unique functions in your organization’s strategic plan. while a mission statement explains why the company exists in the present, your vision statement defines where the organization is going next in the future. despite their similarities, mission and vision statements are not interchangeable, and neither.
6 2 The Roles Of Mission Vision And Values вђ Principles Of Leadership The main difference between mission and vision statements is the time frame they focus on. a mission statement talks about what the organization is doing right now, while a vision statement describes the ultimate goal the organization wants to achieve in the long run. in simple terms, the mission is about what and how, and the vision is about why. A mission statement is a definition of the company’s business, who it serves, what it does, its objectives, and its approach to reaching those objectives. a vision statement is a description of the desired future state of the company. an effective vision inspires the team, showing them how success will look and feel. See why leading organizations rely on masterclass for learning & development. from small businesses to nonprofits, companies use mission and vision statements to guide their current operations and future goals. Goals are easy to remember statements of what needs to be accomplished to move towards the vision. they differ to strategy, with goals explaining what needs to be achieved, while strategy explains how this will be achieved. examples include: increase efficiency. capture a bigger market share.
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