Essays.club - Get Free Essays and Term Papers
Search

Assignment Based on Evaluation of Three Company's Vision Statement and Ranking the Same

Autor:   •  February 8, 2018  •  949 Words (4 Pages)  •  609 Views

Page 1 of 4

...

While it has four shortcomings like from the statement we can evaluate that it's not distinctive, it's vague as it does not disclose clearly what kind of products they are going to apply to achieve its target in the market. In the finance industry, the vision statement is applicable to any company, so it seems too broad. The words used in the statement are do not seems setting the essential appetite especially the word 'great' shows comparatively unbeatable nature hence its bland and uninspiring.

Other than that using verbose for example words like financially and financial are used more than twice within a sentence. The use of wrong English like 'great' in place of writing the word 'greatest'. These silly analytical part makes me feel that Wells Fargo's Vision Statement is suited to rank 2nd among three companies.

Rank 3 - BASF

BASF, they are the chemical company short form known after Badischeanilin Und Soda fabric. Its statement do shows the effective elements but not as effective as other two company's vision statements assembles. Through mentioning the graphic factors in their vision statement, it's establish a sense of direction. In addition to that it's direction seems very clear which makes the vision quite focused, the statement can also be considered as feasible as it demonstrates clear jurisdiction and I found the company's vision statement (quite desirable but not distinctive means that its statement does not set this company set apart from ) competitors and as it lacks the motivating power, inspiring power to gain shareholder's confidence about the company's direction; it's vision is bland and uninspiring.

CONCLUSION

Outlining the whole affair above would like to point out that formerly, I was of the view that the Vision Statement of Hilton Hotels Corporation missed to mention the deadline by when their company wants to attain its vision. Nevertheless, I am amazed to state that I overlook the part meanwhile the very first thing the company said through its statement is that their vision is to be the first choice of the world’s travelers.

Consequently, I would like to change the shortcoming of the other point that I strongly felt about the statements as I analyzed that in none of company's vision statements the timeline of is mentioned to attain their objectives and aims.

...

Download:   txt (5.9 Kb)   pdf (68.5 Kb)   docx (12.5 Kb)  
Continue for 3 more pages »
Only available on Essays.club