1. Explain what is a vision and describe how a vision is created. Then create a vision for your chosen field: Healthcare.
2. Define what is a mission statement and describe how a mission statement is developed. Then create a mission statement for your chosen field: Healthcare.
3. Describe what are values and describe how vaules are developed. Then create your values for your chosen field: Healthcare.
4. Discuss how the creation of the vision, mission, and values statements are critical in the formation of the overall company strategy.
Context for task 4:
A company’s strategy is the set of coordinated actions that its managers take in order to outperform the company’s competitors and achieve superior profitability. They do this by determining:
How to position the company in the marketplace.
How to attract customers.
How to compete against rivals.
How to achieve the company’s performance targets.
How to capitalize on opportunities to grow the business.
How to respond to changing economic and market conditions.
