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Management
QID: #9649
Subject: Management
Status: Verified Solution Available
Evaluate the Vision and Mission Statements of Unilever, Nestlé’s Competitor
There is always room for improvement in regard to an existing vision and mission statement. A major competitor to Nestlé is Unilever. Those two firms for example produce one third of all the ice cream sold on the planet. Go to the Unilever’s website, visit the “our vision” page, and review their corporate vision statement and purpose (mission) statement.
Instructions
Step 1 Nine mission statement components:
Components
Description
Customers
What are the firm’s major products or services?
Products or services
Geographically, where does the firm compete?
Markets
Is the firm technologically current?
Technology
Is the firm committed to growth and financial soundness?
Survival, Growth & Profitability
What are the basic beliefs, values, aspirations, and ethical priorities of the firm?
Philosophy
What are the basic beliefs, values, aspirations, and ethical priorities of the firm?
Self-Concept
What is the firm’s major competitive advantage?
Public Image
Is the firm responsive to social, community, and environmental concerns?
Employees
Are employees a valuable asset of the firm?
Step 2 Write “yes” or “no” beside each number to indicate whether you feel the Unilever mission statement has included the respective component. For any component that you record a “no,” write a good sentence to encompass that component.
Step 3 Write a new and improved vision statement for Unilever.
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