Open AccessAn Empirical Analysis of Employee Commitment and Impact of Mission Statements
Author(s) -
Rajbir Singh,
Aparna Datta Bakshi
Publication year - 2018
Publication title -
journal of business theory and practice
Language(s) - English
Resource type - Journals
eISSN - 2372-9759
pISSN - 2329-2644
DOI - 10.22158/jbtp.v6n4p323
Subject(s) - mission statement , statement (logic) , problem statement , process (computing) , business , public relations , management , process management , political science , engineering , management science , computer science , law , economics , operating system
Mission Statements drive the strategic planning process of organizations. Mission Statements adorn the receptions and websites of organizations the world over. It is a mission statement which defines the role that the organization plays in the society. A mission statement speaks about the essential purpose of the organization, concerning with why it is in existence, the nature of business it is in and the customers it seeks to serve and satisfy. Importance of mission statement in achieving vision pushes the organization to have a mission statement. On contrary there are several organizations that do not have any mission statement and doing well in business. This paper studies whether the mission statement plays a deciding role in growth and performance of any organization. Necessary statistical tools are used to analyse the data.