Documente Academic
Documente Profesional
Documente Cultură
VIVEK TRIPATHI
jargons
Intent- purpose Fit-strategy in accordance with resources and environment Stretch- misfit between resource and environment Leverage-concentrating, accumulating meager resources to meet aspirations
Hierarchy of intent
Fewest in number
More in number
vision
Mental image of what the future will or could be like Organizational projections
A realistic, credible and attractive future for an organization Burt Nanus Vision should describe set of ideals and priorities, a picture of future, a sense of what makes the company unique, core set of principles that company stands for and set of criteria's that will help define organizational success Oren Harari
elements
Realistic Credible Attractive Futuristic Role in strategy formulation Provides clue were we are heading Place organisation in unique position Source of inspiration
IOC aims to achieve international standards of excellence in all aspects of energy and diversified business with focus on customer delight through quality products and services
Mission
Why an organisation exists HUL commitment to national priorities which ensures company is a part of peoples life making a difference to India and Indians
Mission is essential purpose of organisation , concerning why it is in existence, the nature of business(ess) it is in, and customers it seeks to serve and satisfy
Difference
Vision is forward looking view Mission states what organization is and why it exists Vision deals with long term concept of organisation Mission states how organisation will interact with environment
Business definition
Statement of business organisation engaged presently or wish to pursue in future.
textiles
Personal wears
Non wears
suitings
shirtings
sarees
undergarments
Cotton
silk
synthetics
High priced
Medium priced
Low priced
PETER F DRUCKER Who is customer? What does customer buy? What does customer value?
Abell
Product, technology, customer segment
Customer group
Customer function
Alternative technologies
We want to make our product number one selling brand In terms of units sold Our objective is to maximize profit
Assignment 1
articulate the vision, mission, business definition of an organisation that you have thought of establishing in your future as an entrepreneur or intrapreneur.