Why Do Businesses Need a Mission, Vision, and Values?

Businesses Need a Mission, Vision, and Values

Many business executives nowadays feel that having a mission, vision, and values is outdated and overrated. But in reality, having a defined direction for your organization – from what you’re trying to create to where you want to be 5 years down the road – can make a world of difference in terms of achieving the success you desire. So what does a typical mission, vision, and values look like? And how do you get your team on-board with the plan? We addressed these questions, as well as many others, in this video.

How Do You Convince Your Team on the Importance of a Plan?

You need to preach the plan to your team – ingrain it. Overall, in the end, you need them to buy into it. If they don’t buy into it, it won’t work. You need them to want to be an important part of determining the values, vision, and ultimately, what you’re trying to create as an organization.

Why Follow the book “Traction” by Gino Wickman Method?

The book “Traction” by Gino Wickman is highly recommended for good reason. In this book, he talks about having a 10-year target, a 3-year picture, a 1-year plan, and quarterly rocks. Nexus IT practices this method and truly believes in its ability to create success.

How Do You Manage the Plan on an Ongoing Basis?

First and foremost, it’s vital to have a defined direction and product and/or service. Once you have a plan in place, you need to manage it, measure it, and evaluate it on a monthly or quarterly basis. Then you need to adjust when it’s not functioning the way you want.

Any questions or concerns about the concept of determining a mission, vision, and values? Contact us anytime.