How to Coach Yourself and Others Essential Knowledge For Coaching | Page 356

might have a vision statement which read "A world without poverty" It is sometimes used to set out a 'picture' of the organisation in the future. A vision statement provides inspiration, the basis for all the organisation's planning. It could answer the qiestion: "Where do we want to go?" Values: Beliefs that are shared among the stakeholders of an organization. Values drive an organisation's culture and priorities. Strategy: Strategy narrowly defined, means "the art of the general" (from Greek stratcgos). A combination of the ends (goals) for which the firm is striving and the means (policies)by which it is seeking to get there. Mission statements and vision statements Organizations sometimes summarize goals and objectives into a mission statement and/or a vision statement Others begin with a vision and mission and use them to formulate goals and objectives. While the existence of a shared mission is extremely useful, many strategy specialists question the requirement for a written mission statement. However, there are many models of strategic planning that start with mission statements, so it is useful to examine them here.  A Mission statement tells you the fundamental purpose of the organization. It defines the customer and the critical processes. It informs you of the desired level of performance.  A Vision statement outlines what the organization wants to be, or how it wants the world in which it operates to be. It 1155