Preview

General Motors

Powerful Essays
Open Document
Open Document
2063 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
General Motors
"GM’s vision is to be the world leader in transportation products and related services. We will earn our customers’ enthusiasm through continuous improvement driven by the integrity, teamwork, and innovation of GM people."
"G.M. is a multinational corporation engaged in socially responsible operations, worldwide. It is dedicated to provide products and services of such quality that our customers will receive superior value while our employees and business partners will share in our success and our stock-holders will receive a sustained superior return on their investment."
"It is awfully important to know what is and what is not your business." —Gertrude Stein
I quote this phrase from Gertrude Stein because reading, talking, analyzing and explaining a big company vision and mission makes you understand what this company create not only for their costumers but what they can share with their employees and families.
But why is important for a company have a vision and mission?
A vibrant Vision of the company clearly and precisely affords an understanding of what your business is all about. Establishing the elementary principles of how you are going to accomplish your Vision defines the Values of the organization. Without Values in place, the company is unable to induce clear and directional decisions based on the long-term prosperity. For the Plan to be successful leaders must be prepared to become walking, talking exemplifications of the company’s Vision and Values.
Building on the Values of the organization, a Leader should proceed to composing a Mission Statement. The Mission Statement’s resolve is to provide a directional beacon that shapes and guides business Strategies. Through an efficient definition of the Mission, Leadership is enabled to determine the Unifying Goals which inevitably bring strategic factions together in a comprehensive progressive resolution.

The development of Visions, Values, and Missions, provides the organization with a Strategy



References: http://www.gm.com/company/about-gm http://www.samples-help.org.uk/mission-statements/general-motors-vision-statement.htm http://www.inc.com/resources/startup/articles/20050201/missionstatement.html http://en.wikipedia.org/wiki/History_of_General_Motors#Corporate_restructuring http://www.scribd.com/doc/23232458/GM-Competitive-Advantage-and-Market-Analysis-PDF William Pelfrey (2006) “Billy, Alfred and General Motors” New York, NY. AMACON

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The mission of an organization usually has a mission statement that is a broad description of the organization’s mission and values. The statement tells about the target population, it tells in detail how it plans to succeed, and how sets boundaries on what and how things need to be done.…

    • 348 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mission statements are used to symbolize the goals that an organization is trying to reach or obtain. The mission statement will help guide the way on how the organization should practice and also provide a complete structure of their practice. The Entrepreneur website defines a mission statement as “A sentence describing a company's function, markets and competitive advantages; a short written statement of your business goals and philosophies”. Most organizations mission statements will be different in some context, but the overall goal is to make sure the organization is successful and works at its fullest potential.…

    • 964 Words
    • 3 Pages
    Good Essays
  • Better Essays

    An organization’s mission statement is an opportunity to convey in a concise and compelling way the difference the organization is aiming to make in the world. Stakeholders want to be part of making this happen and they want the organization to be remembered for this in the future. Thompson et al 2005 states a strategic vision…

    • 1038 Words
    • 5 Pages
    Better Essays
  • Good Essays

    A Mission Statement is a brief summary of an organisations aims and values stating the main purpose of the businesses existence Every company no matter how big or small, should have a mission statement as a source of direction, a kind of compass, that lets its employees, its customer, and even its stockholders know what it stands for and where its heading. A good mission statement should indicate who your key customers are, the products/services you deliver and the geographical location in which you operate.…

    • 577 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ethos Pathos Logos

    • 271 Words
    • 2 Pages

    The vision is what the company wants to become. A vivid and clear description of a bright future.…

    • 271 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    An organization will develop a vision, mission and values for strategic direction. An organization’s vision is where it wants to be if the mission is successful and conveyed appropriately. The mission is an organizations reason for existence. The mission according to Hunger & Wheelen (2011) promotes a sense of shared expectations in employees and communicates a public image to important stakeholder groups in the company 's task environment (p. 6). The values of an organization should encompass its core competencies. Value can drive the intent of organizational planners. According to Harris (2007), "Guiding principles serve as a platform to nurture desired behaviors in the organization (p. 102). The mission, vision and values are guiding principles the managers and employees will not compromise while they are in the process of achieving the mission and pursuing the vision and strategic…

    • 1245 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Bus 475 Week 2 Individual

    • 1691 Words
    • 7 Pages

    The mission of a company is defined as a unique purpose that sets a company apart from its competitors and identifies the range of its operation. A mission statement often offers insight on a company’s market, technological areas of emphasis, the company’s product, and most importantly, the priorities and values of the decision makers (Pearce & Robinson, Chapter 1-2, 2009).…

    • 1691 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The Mission Statement is a crucial element in the strategic planning of a business. Creating a mission is a building block for an overall strategy and development of more specific functional strategies. By defining a mission an organization is making a statement of organizational purpose. There are some basic elements that should be incorporated into a mission statement. First, the target audience is important. It needs to be established whom the mission statement will be directed to. Some groups that may be considered are employees, stockholders, customers, and the community.…

    • 698 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The vision “invites entrance” into the future through the committed efforts of leaders and constituents. A vision is congruent with the organizational mission; working toward accomplishing a vision is taking a step closer to the mission. The vision provides leaders and constituents with a purpose to work toward: a preferred future. The vision becomes a tool to incorporate the moral and social responsibility of the leader, constituents, and the organization. The moral ends that people commit to achieving become a valued and meaningful purpose for work. The personal commitment and ownership in the organization’s vision transforms the experience of work from a job to a…

    • 790 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In a mission statement, an organization will answer three important questions 1) why; 2) how, and 3) what. Evaluating a mission statement is necessary to ensure the organization is meeting the establish objectives and goals. Leaders of an organization must research the company’s operational plans to make sure that the plans are in relationship to the objectives and goals of the organization. The organization’s leadership must implement practical goals and objectives in the organization’s operation, sales, marketing, finance, customer service, and accounting practices to measure the organization’s mission and vision statement.…

    • 976 Words
    • 4 Pages
    Good Essays
  • Best Essays

    General Motors Corporation is primarily engaged in automotive production and marketing, and financing and insurance operations. GM designs, manufactures and markets vehicles worldwide, having its largest operating presence in North America. The Company 's finance and insurance operations are principally those of General Motors Acceptance…

    • 3609 Words
    • 15 Pages
    Best Essays
  • Satisfactory Essays

    3. What is the purpose of a mission statement? What are the characteristics of effective leaders? The purpose of a mission statement is to provide a clear, long-term focus for the organization. Leaders are categorized into three leadership styles: autocratic, who are leaders that hoard decision making power to themselves and issue orders without consulting their followers; Democratic, who share power with their followers; Free-rein, who set objectives for their followers but give them freedom to choose how they will accomplish those goals. When it comes to effective leaders, most don’t use just one approach. They shift their leadership style, depending on the followers and the situation.…

    • 650 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    When discovering the idea for a business, an important element of the current strategy plan is a mission statement. This simple statement declares the goal of a business and defines the explanation for the company’s presence. It offers the platform and framework to helps guide the business strategies and activities by spelling out their overall goal. A mission…

    • 519 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Chevrolet Europe

    • 2381 Words
    • 10 Pages

    General Motors, one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM’s largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services.…

    • 2381 Words
    • 10 Pages
    Good Essays
  • Better Essays

    General Motors

    • 924 Words
    • 4 Pages

    If you were to read a story in the news that a government had assumed control of a private company, what country might come to your mind? Possibly Russia, Cuba, China, maybe even Vietnam? Probably the United States would be the furthest from your mind. Not everything the United States government does should be considered socialistic, but obtaining control of the private company General Motors was an act of socialistic behavior. As Lake Land students majoring in business and maybe future business owners, would you want the company that employed you or which you owned to be controlled by the government? Many government officials make the argument that this was the right decision, because it saved many jobs during tough economic time. This, however, is not a good enough reason to move toward socialism. The government should not have bought General Motors.…

    • 924 Words
    • 4 Pages
    Better Essays

Related Topics