The importance of mission in the Strategic Management process Essay

The importance of mission in the Strategic Management process - Essay Example System of management is the main means of development and practical realization of the general program of the organization development and realization of its strategy. An ultimate goal of system of management is the performance of the company’s mission. Strategy of corporation is a business concept of the organization on the given strategic prospect, submitted as the long-term program of concrete actions which are capable of realizing the given concept and to provide the organizations competitive advantages in achievement of the purposes. Strategic management is a subsystem of organization management which carries out all the complex of concrete works on professional action under the strategic analysis, to development, realization and controlling strategy of the organization. These characteristics may be various and concern to the product (base service), and to the additional services accompanying base, i.e. to modes of production, selling, sales etc., specific to the organization and its product. Humger insists that mission, vision and values are the links that connect the integral parts of the company together. They describe the purpose of the company, the approaches that are implemented for successful result, and a general goal of the company’s existence. Defining and realizing these points will help both the staff and heads of the company get an integral image of the company, which would be helpful in their working process. These notions may sound abstract for people that are not involved into strategic planning, especially for people, that are occupied with practical activities and are focused on getting benefits and do not trouble themselves with such abstract notions. Such pragmatic people, or people, who consider themselves to be pragmatic, pass this very important stage of building up a successful base for future functioning of the company. It is extremely important to find staff and time to forge out mission, vision and