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Difference between mission and vision

lavanya (CA FINAL STUDENT) (62 Points)

08 April 2012

what is the difference between vision and mission statements

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Devadas K S (One life one Dream) (3525 Points)
Replied 08 April 2012

	Mission Statement	Vision Statement
Function:	It lists the broad goals for which the organization is formed. Its prime function is internal, to define the key measure or measures of the organization's success and its prime audience is the leadership team and stockholders.	It lists where the organization sees itself some years from now. For employees, it gives direction abouthow they are expected to behave and inspires them to give their best. It shapes customers' understanding of why they should work with the org.
Answer:	It answers the question, “What do we do?”	It answers the question, “Why are we here?”
Employees:	It helps team to act and guides them in what they should do	It identifies why they need to workwith the organisation and their differentiator
Change::	Your mission statement may change if your company outlives the industry it started in, but it should still tie back to your core values and vision.	Your vision should remain intact, even if the market changes dramatically, because it speaks to what your company represents, not just what it does.
Time:	A mission statement talks about the Organization's present leading to its future.	A vision statement talks about the organization's future.
About:	A Mission statement talks about HOW the organization will get to where it wants to be. Defines the organization's purpose and primaryobjectives.	A Vision statement outlines where an organization wants to be. Communicates both the purpose and values of the organization

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Harshal Fifadra (Chartered Accountant) (1489 Points)
Replied 09 April 2012

Good reply by Devu . . .

Agree with Devu ...

lavanya (CA FINAL STUDENT) (62 Points)
Replied 10 April 2012

Thanks a lot devu

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 10 April 2012

It is very imp for all of us to understand the diff between Mission and vision.

According to my personal opinion vision is very first activity. First we have to work upon our vision. One can only fix his mission if his vision is clear. You can set a goal or mission only of you have ample clarity about your vision.

A clear vision/decision about future help you to achieve your mission/goal.

Regards