Vision vs. Mission
By Mike Myatt, Chief Strategy Officer, N2growth
Today’s Myatt on Monday’s question was posed by a CEO who asked: “Can you define the difference between vision and mission?” Let me begin by stating that it is always refreshing to me when executives check their ego and ask clarifying questions (a characteristic of great executives by the way). Over the years I have witnessed many an executive confuse vision and mission to the detriment of their organizations because they simply wouldn’t take the time to stop and understand the differences. In today’s post I’ll clearly explain the difference between vision and mission…
I developed a simple organizational framework several years ago which defines the order of operations surrounding management theory. It has been widely adopted by business schools and corporations alike, and will serve as a useful backdrop to answering today’s question…It goes like this: “Values should underpin Vision, which dictates Mission, which determines Strategy, which surfaces Goals that frame Objectives, which in turn drives the Tactics that tell an organization what Resources, Infrastructure and Processesare needed to support a certainty of execution.” (Mike Myatt, 1988)
You see vision statements are design oriented, while mission statements are execution oriented. In fact, it is the corporate vision that should determine its mission. The vision is bigger picture and future oriented, while the mission is more immediately focused on the present. It is the vision that defines the end game, and the mission is the road map that will take you there.
Vision statements, as implied in the construction of the phraseology itself, put forth a statement of envisioned future. This vision, if successful, must be underpinned by core ideology and then expressed with clarity and conviction. A non existent, ambiguous, or ideologically weak corporate vision is nothing short of a recipe for disaster…It would be akin to the proverbial ship without a rudder adrift without any direction or control.
As noted above mission statements should reflect greater focus on more immediate concerns that support the overarching vision. Mission statements tend to be more functional in nature dealing with touch points from pricing, quality, marketplace and other items throughout the value chain.
Lastly, even though this is a discussion of the differences between vision and mission, don’t forget the first and most important step…basing everything upon core values. Don’t get caught up in attempting to develop something catchy to be encapsulated within a piece of framed artwork that hangs in your reception area yet never put into practice. It is much more important that your vision and mission be understood by company employees, and translated into the resultant authenticity of their actions. Your customers don’t care what you put on paper, but they care immensely about whether or not a company’s vision and mission are reflected in a fulfilled brand promise.
Mike this is one of the clearest and best descriptions I’ve seen on this topic. I think it might also help to supplement it on a couple of points. Firstly is the importance of connecting emotionally. The best statements touch people emotionally, uplifting and inspiring them to be a part of something great and good. Stanton Royce, MBA, The Millionaire's Coach (R)
Secondly, values are also about emotions. Values should be more than abstract concepts. By their nature values are how we feel about things, for or against, good or bad. So the second point I want to make is that all actions to achieve the mission should be evaluated by each acting individual as appropriate or inappropriate, go or no-go, against corporate values. Think about that. If all enterprises had socially acceptable values and based all behavior on those values, how would that have changed the outcomes of things like, for example, Enron Corporation, Bernard L. Madoff Investment Securities LLC, the financial derivatives market collapse, Toyota concealing owner reports of sudden acceleration (resulting in a USA man sentenced to prison) and the BP Gulf of Mexico Deepwater Horizon oil spill? These are some examples of why I think values and their purpose is essential to any discussion of vision and mission. Stanton Royce, MBA, The Millionaire’s Coach®