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Longman Dictionary of Contemporary English
mission statement
▪ And entrepreneurs have also found it useful to discuss any possible mission statement with their spouses or partners.
▪ Created in June 1990 and based in Berlin, Treuhandanstalt has a mission statement to privatise all former state-owned industrial enterprises.
▪ Defining your mission statement is the most critical first step in planning for your success.
▪ Putting it at its simplest it should be at least a clear mission statement which the whole organisation understands.
▪ Such a mission statement would combine his love for running with making money.
▪ This becomes part of your mission statement and will help you focus as your business grows.
▪ Your clearly defined mission statement will help you to focus on what you really want out of your entrepreneurial life.
mission statement

n. (context management English) a declaration of the overall goal or purpose of an organization

Mission statement

A mission statement is a statement which is used as a way of communicating the purpose of the organization. Although most of the time it will remain the same for a long period of time, it is not uncommon for organizations to update their mission statement and generally happens when an organization evolves. Mission statements are normally short and simple statements which outline what the organization's purpose is and are related to the specific sector an organization operates in.

Properly crafted mission statements serve as filters to separate what is important from what is not, clearly state which markets will be served and how, and communicate a sense of intended direction to the entire organization. A mission is different from a vision in that the former is the cause and the latter is the effect; a mission is something to be accomplished whereas a vision is something to be pursued for that accomplishment. Also called company mission, corporate mission, or corporate purpose.

The mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated." It is like a goal for what the company wants to do for the world.

According to Dr. Christopher Bart, the commercial mission statement consists of three essential components:

  1. Key market: Who is your target client or customer (generalize if needed)?
  2. Contribution: What product or service do you provide to that client?
  3. Distinction: What makes your product or service unique, so that the client would choose you?

A personal mission statement is developed in much the same way that an organizational mission statement is created. A personal mission statement is a brief description of what an individual wants to focus on, wants to accomplish and wants to become. It is a way to focus energy, actions, behaviors and decisions towards the things that are most important to the individual.

Mission Statement (Stone Sour song)

"Mission Statement" is a song by American alternative metal band Stone Sour. It was the single preview of their third studio album Audio Secrecy. It was released digitally through iTunes. The band put this single for free download on their website for 72 hours from 10 June to 12 June.

Usage examples of "mission statement".

The idea of a family mission statement and of having a weekly family time and regular one-on-one bonding experiences may be so far out of your comfort zone that you just can’.

Malenfant's joky company mission statement was repeated several times: Bootstrap: Making Money in a Closed Economy-Until Something Better Comes Along.

Liadof may have taken practical control of Changeling, but my name is still the one at the top of the mission statement.