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The three of them sort of complement and supplement each other, these are not alternatives to each other, so there is no point finding which one is more important than others.
There are no rankings for vision, mission and core values. All these matters to an organization to be successful in business.
Vision is something which tells where an organization should be in long term - Ex: We should be a world leader car industry
Mission is something which tells the stages to reach vision - Ex: Should reach a turnover of $20 B by2020
Core values - Are the guiding principles which will ensure sustainability of an organization to achieve their mission and vision. Without this, an organization may not succeed in its vision. Values are the path to prevent organization getting in to legal hurdles, become preferred employer, Maintain ethical standards, etc
All three are must, there are no ranks for any of them
Core vlaues are the main source of company vision and mission , you cant start any step without a basic values that provide the foundation to get to the next step creating vision and then doint the mission ...... give me acore value that all people will follow and i will give you a vision and deliver you mission
Good vision, mission, and values statements are all of equal importance, but what is most important is how senior leadership uses them. If they are not the basis for everything the organization does.
three of them are fundamentals, each is actually compete the other with equal importance
I think mission because it represents what we should be doing. Vision and core values are important but they still aspects we can modify as we go along.
those three are the fundamentals of an organization to realize its business and environmental objectives as well
This is because vision is a long term goal that includes mission with the needed core values.
Therefore, the vision is reached when the organization has been continuously progressive and successful in its mission or specific tasks using the set or prescribed core values.
VISION is the most important, it foreseen the future of the organization, it drives the focus of the organization to where it will be, it gives an understanding to the direction for which all works shall follow. It shows the purpose and what the organization is all about.
Mission and Core Values are secondary importance; without a Vision, they are obsolete.