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What is strategy and how is it different from Vision and Mission of the company?

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Question added by Nitin Gupta, ACA , FP&A , Rockwell Automation
Date Posted: 2014/01/18
Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

Strategy is a short term tactics against a competitor while vision or mission is the very core value of the co. Strategy would dependon the vission and missionof a co.

Abdul Wahab
by Abdul Wahab , Credit Controller - Group , Al-Jazeera Paints Factory

Mission Statement

A Mission statement talks about HOW you will get to where you want to be. Defines the purpose and primary objectives related to your customer needs and team values

 

Vision Statement

A Vision statement outlines WHERE you want to be. Communicates both the purpose and values of your business.

 

Yahya Bah
by Yahya Bah , Principal & Marketing Consultant , International Community

Mission and vision are both corporate goals. Mission is a statement of purpose for the existence of an organisation . Vision is statement of future target design to drive the mission whilst strategy is the course of action design to successfully realised an organisation's corporate goals; mission,vision, goals and objectives.

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