Preview

Mission and Vision Statement of Rim

Powerful Essays
Open Document
Open Document
1638 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mission and Vision Statement of Rim
To: Board of Director
From: Managing Consultant
Date: 4th November 2010
Subject: Research In Motion (RIM): Managing Explosive Growth 1. Introduction
After reviewing the background and operation of the Research in Motion (RIM) organization, it showed that the organization itself does not provide vision and mission statement to their employees as well as the public. According to Thompson and Strickland (2010), a strategic vision delineates management’s aspirations for the business, providing a panoramic view of “where are we going.” It lay out the company’s strategic course in preparing for the future. A clear strategic vision communicates the management’s aspirations to stakeholders. It also helps steer the energies of company personnel in a common direction. In short, developing a good vision statement and components of a mission statement are vital for RIM in order to achieve organization’s future strategic decisions and actions.
Hence, best fit vision and mission statements for RIM will be discussed and justify its affection on the company’s future strategic decision and actions. Also, evaluate RIM’s resource strengths and competitive capabilities fit the industry’s critical success factors. 2. Vision Statement
With the assistance of Appendix 1, come out with the new RIM Vision Statement, “Our vision is to be recognized as the world’s best telecommunication and wireless devices company, by infinite the possibility of the innovation and creation to produce our product and software devices; to ensure and enhance product quality as well as to satisfy our customers’ unlimited demand in future. Thus, we will provide ongoing development towards our product and customer services (including service after sales) in order to become the best in terms of customer value, employee talent and predictable growth. We also intend to create a strong culture in our organization so that it may achieve competitive advantage in this industry.” |

3.1

You May Also Find These Documents Helpful

  • Better Essays

    Mission, vision and value statements are guiding principles that need to be at the forefront of an organization’s strategic initiative. In order to have a successful organization a strong strategic objective must be in place. This essay will discuss the descriptive analysis regarding the mission and vision of Southwest Airlines and it differentiate its organization from its competitors. Southwest Airlines values are, governed by their mission and vision statement, which is satisfying to our stakeholders, increased profitability, and differentiates from our competitors.…

    • 1353 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Creating a clear and effective future company vision delivers many benefits to the business. Not only does a clear, shared vision help define the values of a company and its employees, but it also helps guide the behavior of all employees. A strong vision also leads to improved productivity and efficiency, in which seems to be a growing problem for Mountainside Industries. With a clearly communicated vision, Mountainside Industries will encourage involvement from its employees and create a sense of shared vision that will enable the organization to realize the benefits associated with a strong sense of vision. It is important to create this company-wide vision in order to benefit the company.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Good Essays

    “We enable consumers to improve the quality and convenience of their lives by providing innovative electronics solutions.”…

    • 2539 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    BUSS3500

    • 1002 Words
    • 4 Pages

    Vision: the forward looking picture of future, what to do to reach the mission, the desired future state of the organization…

    • 1002 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    MHA 612 FINAL PAPER

    • 3334 Words
    • 10 Pages

    Improvement is also needed to incorporate the values of customer, staff, and community. The public image of a company is also needs review. Further, priorities of activities for company survival in a competitive market have not been addressed. The largest gap is insufficiently detailing crucial elements allowing staff the ability to prioritize how products and services should also be rendered. The next element in the strategic process is the vision statement. A vision statement needs to portray a visual image of the organization as it performs its functions. Updated vision statements should motivate staff toward working forward to the companies preferred values. The value statement needs to present the true values of the company as opposed to the preferred or idealistic values of the vision statement.…

    • 3334 Words
    • 10 Pages
    Best 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
  • Powerful Essays

    Cellular communications is such a large aspect of today’s industries, and with the number of consumers already with cell phones drastically increasing all the time, it is good to think about the future, and maybe making the customers you already have, happy and content. There are only so many “new” customers you can gain in today’s market. Phone companies have a serious untapped market for raising profitability month by month. What is this untapped market in the cell phone industry? The loyal customer that continues to give you money every month for your services! Why not focus on keeping the customers you have already and making them happy?…

    • 2080 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Rim: Case Study

    • 3231 Words
    • 13 Pages

    Research In Motion (RIM) is a Canadian multinational telecommunications company that designs, manufactures and sells cellular phones and other communication devices. RIM’s success started in August 1998 when they launched the inter@active pager 950. In 2003 RIM became one of the most recognized brand names with the introduction of their most popular device the BlackBerry. In June 2011, RIM announced that their revenue was going to drop for the first time in eleven years. From June 2008 to June 2011, RIM's shareholders lost almost $70 billion (The Economic Times 2011). The following paper will analyze and compare different strategies and which factors have ultimately led to RIM’s recent financial decline.…

    • 3231 Words
    • 13 Pages
    Best 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
  • Better Essays

    Strategic Plan Part 1

    • 1090 Words
    • 5 Pages

    “A vision statement is sometimes called a picture of your company in the future but it’s so much more than that. Your vision statement is your inspiration, the framework for all your strategic planning. A vision statement may apply to an entire company or to a single division of that company. Whether for all or part of an organization, the vision statement answers the question, "Where do we want to go?" What you are doing when creating a vision statement is articulating your dreams and hopes for your business. It reminds you of what you are trying to build” ("Vision Statement," 2013).…

    • 1090 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Blueprint Exam 6

    • 5822 Words
    • 22 Pages

    When reviewing the CBC for a patient admitted with an elevated temperature and flank pain, which information will be most important for the nurse to communicate to the health care provider?…

    • 5822 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    Sprint

    • 1166 Words
    • 3 Pages

    “Sprint Corporation provides wireless communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands” (Sprint Corporation Profile, 2014). These are all considered critical customers to the Sprint Corporation. A critical customer is defined as having “the greatest impact on product design, sales, and future growth opportunities” (Swink et al., 2011, p. 12). It is important that Sprint recognizes that their customers are considered critical customers because they are in a business where the customers shape the product and growth of the company. Having the ‘latest and greatest’ is so important to the materialistic society that is the United States and if a cell phone company cannot keep up with these demands, they will not hold the attention of the customers.…

    • 1166 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    Capstone

    • 756 Words
    • 4 Pages

    vision statement is what the company wants for the future and it must have excitement and motivation.…

    • 756 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Ancient Greek Religion

    • 938 Words
    • 4 Pages

    Ancient Greek religion was one of the most unique religions of its time period. Its many gods and stories behind them are famous and have been passed down for centuries. The beliefs, practices, and history of religion in the world of Ancient Greece make this religion unlike any other ever established in any part of the world.…

    • 938 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Rim Case Study

    • 1069 Words
    • 5 Pages

    1. It is a known fact that software - fully licensed software, to be specific - includes features and services that improve the effectiveness and efficiency of business enterprises. Based from the study, enumerate and explain each one.…

    • 1069 Words
    • 5 Pages
    Better Essays