Exxonmobil 's Vision, And Mission Statement

If I were to analyze the company's mission statement according to the elements of a mission statement enumerated by David and David, it would be as follows:

Ideally, a good mission statement also provides information regarding the organization’s overall management philosophy, its business model, its technical and social competencies, and its values and beliefs (Aguinis, 2009; Azaddin, 2011; Bart & Hupfer, 2004; Covin, Slevin, & Schultz, 1994). Moreover, to make mission statements of large companies more individually relevant, Azaddin (2011) advocates flexible “guiding statements” that account for the “context, culture, structure, and needs of an organization” (p. 31). Thus, a mission statement must be meaningful and applicable to all stakeholders for strategic decision-making to be effective.

ExxonMobil is the largest publicly traded oil and gas producing company. ExxonMobil does business in 200 countries world-wide (1). Some countries are designated for exploring gas and petroleum, and some are designated for manufacturing chemicals, lubricants, and market fuels (1). ExxonMobil's world-class petroleum portfolio gives access to proven reserves of 21.9 billion oil-equivalent barrels of oil and gas, which is the highest in the industry (1). The company's discovered resources consist of 72 billion oil equivalent barrels of oil and gas. On average, each day, they produce 2.5 million barrels of oil and 10.5 billion cubic feet of gas (4). Their asset base, includes more than 60,000 production wells in 1,800 fields in 25 countries.

The Prudential Douglas Elliman Real Estate mission statement follows the KISS rule: Keep it short and simple. The statement is striking in its simplicity, as if there is nothing more to say than ‘1. We intend to be the best, and 2. It’s important that we exceed your expectations’. That strength of resolve for the mission was what I took away from the statement, reading it as if I were a potential customer. Too many service industries weigh down their mission statements with superfluous words and promises so that the eyes glaze over before reaching the end, or they sound unrealistic. This mission statement is one that I can get behind. On the ‘About Us’ page, they manage to unabashedly explain how they’re at the top of the field in many different

All indications are that the Company’s behavior pre oil spill was irresponsible and negligent and was potentially driven primarily by a focus to provide strong returns on their investments while compromising the integrity and internal controls of the operations. Post oil spill, the Company has had to learn from the consequences of a very costly disaster in order to stay in business and thrive. The Organization appears to understand now the need for effective communication, transparency and detailed due-diligence in all their efforts.

1. Consider and discuss the impact of the rising price of gasoline on as many other products and services as possible.

Student Answer: Most every company has a mission and vision statement, but some companies do poor jobs conveying the true intention or depth of these statements. The mission statement should state its purpose and drive its collective efforts. The vision statement should state its desired future and drive its strategic plan (MacLeod, L. (2016). According to these standard of a mission and vision statement most companies would be considered lacking. I am currently employed at GEODIS logistics. Our mission statement states, “We help our clients

As an employee I would be satisfied with the mission statement. I would foresee excellent benefits if I was employed there as well as know that I will be properly trained in my workplace. I would compare them to other competitors in the same market and compare numbers of growth and stability. I would also like to talk to a current employee and find out their work environment is and where they could improve. The mission statement would be very influential for me because

The Vision statement is XYZ organization will be the industry leader in providing “Best Practices” that support homeland security among employees, suppliers, partners, and customers. The second step is to develop the Mission statement, and Mission statement creates ownership of homeland security initiatives among all levels of employees throughout the organization.The third step is developing the Shared Values.Shared Values include Sharing of “Best Practice” homeland security initiatives with all employees, suppliers, partners, and customers. Also it

The Volkswagen Groups’ mission statement is not made public but the closest statement that could be called VW Group’s mission statement is expressed as their company’s goal, which is, “The VW Group’s goal is to offer attractive, safe and environmentally sound vehicles which can compete in an increasingly tough market and set world standards in their respective class.”1

It does not define the entire plan but is recognized as “…an essential first step in the strategic management process” (Cochran, David, & Gibson, 2008). My mission statement is also not a one-and-done but evolves as I evolve in life and career. It is, in fact, a living document (King, Case, & Premo, 2010). My mission statement, furthermore, reflects my goals and answers the core question, “What do [I] want to become” in terms of my personal conduct and behaviors, and in how I touch and enrich the lives of those I interact with on a daily basis

Exxon Mobile is one of the most successful companies in the oil and energy industries today. But what makes them so successful? In an effort to answer this question, a thorough internal investigation can be helpful in determining what aspects of this company are making it an industry leader. Two aspects of this internal analysis of Exxon Mobile are the company’s resources and capabilities.

Exxon Mobil has a research and development department that is evolving its technologies to stay competitive. The company is continually working on assessing its products environmental life cycles to lessen the long term environmental impact. Exxon Mobil is striding for less greenhouse gas emissions then it has in the past.

Other activities have included the provision of training in areas such as business entrepreneurship, management skills and record keeping, plus practical training on farming techniques and livestock care (MPNCN as cited in Idemudia 2009). From this perspective, it can be seen that the corporation has endeavoured to improve “host” communities in a number of instances. Such examples provide evidence that ExxonMobil’s efforts have been aimed at increasing (local) community capacity and sustainability. By engaging with communities in this way ExxonMobil are able to present themselves as part of the community. As a consequence there is less likelihood of negative outcomes for the company’s operations including concerns for worker safety and damage to worksites (Idemudia 2009). Thus, the benefits for the corporation are wide reaching but include an improvement to corporate reputation through improved relationships with local stakeholders as they come to accept and identify with the corporation. In addition, to ExxonMobil’s credit, they show a concern for the community beyond that of wealth generation for shareholders.

A mission statement addresses the actions that are needed to meet the organizational objectives of a business goal (Thompson, 2015). Ford Motor Company’s current mission statement is about the response to current challenges that company has experienced in dealing with new market risks, such as the American recession and the global financial crisis that started in the late 2000’s (Thompson, 2015a). Ford’s mission statement is “One Team, One Plan, One Goal (Thompson, 2015a). The company’s mission statement emphasizes teamwork to achieve synergy at Ford (Thompson, 2015a). It is important for Ford to unify all of their organizational stakeholders into one cohesive unit.