Proton Holdings Berhad Company Vision & Mission Critique Essays

While a business would either undergo a quick or gradual, constant adaptation to its changing and competitive environment, there are certain core ideas that would stay the same and provide guidance in the process of strategic decision making (www.capsim.com.). These unchanging ideals are known as the business vision. The business vision statement comprised of three main components; core values, core purpose and visionary goals (www.quickmba.com). Core values are those that would remain unchanged regardless of time, current industry environment and any management trends. Core values are the building blocks of a company and are consisted of those values which strongly hold by the company. Core purpose is the reason that

Ans – Vision Statement of an organization can be defined as an inspirational description of what an organization would like to achieve or accomplish in the mid-term or long term future. It becomes basis of choosing current and future actions for an Organization.

Collins and Porras (1996) states that when organizations provide a vision for its management and employees as a whole, its vision should provide guidance about what core to preserve and what progress to be made in the future (p. 78). Nonetheless, when understanding the purpose of organizations providing a vision, I found that it is important to acknowledge that a vision consists of the major components of Core ideology and Envisioned future. First, Collins and Porras (1996) states that the major component of Core ideology helps organizations defined its vision by organizations acknowledging what they stand for and why they exists in society overall. Second, Collins and Porras (1996) states that the major component of Envisioned future entails what organizations aspire to become, achieve, and create (p. 78). Furthermore, the Envisioned future of organizations also aspire them to acknowledge the significant change and understand the progress

Vision statement of a business is very imperative in summarizing the strategic path of the business. The vision of a business should summarize what precisely the business is encompassed in and what the business plan to develop into in future. The vision of the business should highlight what precisely the business plans to do for its shareholders. Summarizing I could say visions should be the communication approaches through which the business communicates with its workforces regarding the planned leadership of the business. Proverbs 29:18 states, “Where there is no prophetic vision the people cast off restraint, but blessed is he who keeps the law” (NKJ). In order for persons to perform well, individuals should know God’s practices and sustain his

The company’s strategic vision is “To be world’s leading company in IT industry ...and a reputable global auto brand by offering ECO friendly, high quality & low cost products & services.” (BYD Co. Ltd, 2007)

A strategic vision thus points an organization in a particular direction, charts a strategic path for it to follow in preparing for the future, and molds organizational identity. A clearly articulated strategic vision communicates management’s aspirations to stakeholders and helps steer the energies of company personnel in a common direction. For instance, Henry Ford’s vision of a car in every garage had power because it captured the imagination of others, aided internal efforts to mobilize the Ford Motor Company’s resources, and served as a reference point for gauging the merits of the company’s strategic actions.

According to Pearce and Robinson, “A vision statement presents the firm’s strategic intent that focuses the energies and resources of the company on achieving a desirable future,” (2009, p. 37). To put it simply the vision will paint a picture of what it will be in the future. The vision statement is going to be where the owners or board of directors, see the business going, and will change as the business grows. In order to achieve that goal it is good to have it in writing to help all those who are in the business visualize where the business is going and helping make that vision a reality in the future.

Here, from my readings, I will define the two related terms and concepts which are the corporate strategy and Strategic Operations Management. Then, I will discuss the link between them. Next, I will provide four perspectives of the operations strategy. Finally, I will highlight some examples from the operations strategy of Jaguar Land Rover and how it is helping the company to achieve its business objectives.

A vision is basically the target goal for the company’s future. After reading the Mystic Monk Case, I came to the conclusion that the vision for the company is to earn enough profit to be able to purchase a Ranch called Irma Lake. In the case study, Father Daniel Mary states his vision, “We beg your prayers, your friendship and your support that this vision, our vision may come to be that Mount Carmel may be refounded in Wyoming’s Rockies for the glory of God”. In this statement, the Irma Lake Ranch is located in what he refers to as the Wyoming Rockies. The mission statement essentially is what is happening in the company at that time

A well written vision statement will give aspirations about how we feel and think about the future of the company. The message conveys a powerful statement that is frequently used in communicating the organizations vision and dream. It builds a frame of mind and helps to envision in the minds of others. The statement defines a conclusion of the company’s best achievements to inspire and challenge their people.

A company's vision is a "general statement of its intended direction that evokes emotional feelings in organization members." (Dessler, 2003). The mission statement determines the type of business it will be by setting the purpose for the company, and

Vision Statement: We want to create value for our customers so as to enable them achieve their vision.

Malaysian Automotive Industry should like towards globalization because globalization factor is essential to push Proton moving forward. This research promises some rebuilding strategies in Proton. Knowledge Management would be the best solution for the automotive performance. KM strategy can help idea and knowledge coordination in Proton. I believe this can help the Malaysian Automotive Industry to revamp their industry to make Proton as one of the growing force in the automotive sector. Research and development should be given extra

An effectively communicated vision is a valuable management tool for enlisting the commitment of company personnel to actions that get the company moving in the intended direction.

Vision is defined as the image that the organization aspire to became in the future. In order to develop a vision, it is important to ask how will the corporation look like “x” years from now if they accomplish their objectives? Thus, this vision will essentially set directions for the organization. There are some useful principles that makes a great vision such as, it should