Ever wonder how crucial a Clear Mission Statement is to a Business' Success? Here are 6 reasons a Clear Mission Statement can make or break your Brand!
A mission statement is like a North Star, guiding your company towards its goals and purpose. A well-crafted one will inspire your employees, attract customers, and lead to massive success. But a vague or dull mission statement can do the opposite.
Did you know?
Having a clear mission statement can be an important factor in attracting and retaining employees. According to a survey conducted by LinkedIn, 72% of professionals want to work for a company with a strong mission statement. Additionally, 61% of those surveyed said they would be willing to take a pay cut to work for a company whose mission and values align with their own.
Here are some interesting facts to consider:
1. Clarity is Key: When a company has a clear mission statement, 91% of employees understand where the company is heading, according to ClearCompany. In comparison, only 29% of employees at companies without a clear mission statement have a sense of direction.
2. Simplicity is Essential: A study by Corporate Visions shows that a simple and concise message is 86% more memorable than a complicated one. Keep your mission statement simple, clear, and easy to remember.
3. Inspiration is Crucial: According to the Harvard Business Review, companies with an inspiring purpose outperformed their peers by a factor of 10. An inspiring mission statement can motivate employees, leading to more productivity, engagement, and innovation.
So why is it important to create a mission statement that is simple, clear, and inspiring? Here are some reasons.
1. Sets the Tone for your Company's Culture: A mission statement communicates your company's values, beliefs, and overall purpose. A well-crafted mission statement can create a positive and engaging workplace culture that attracts and retains talented employees.
2. Attracts Customers: A clear and inspiring mission statement can help differentiate your company from competitors. It can also attract customers who share your company's values and beliefs.
3. Provides a Roadmap for Success: A mission statement can serve as a guide for decision-making and goal-setting. It can help ensure that your company is focused on its core purpose and values.
Let’s take a look at two really awesome and inspiring missions statements from Nike andSpaceX.
1. Nike: To bring inspiration and innovation to every athlete in the world.
Nike’s mission statement is simple and inspiring. It emphasizes the company's commitment to innovation and inspiring athletes all over the world. It also promotes inclusivity by using the word "every" athlete, not just those who are already successful or well-known.
2. SpaceX: To enable humanity to become a space-faring civilization.
SpaceX mission statement is bold and ambitious. It clearly states the company's goal to revolutionize space exploration and pave the way for humanity to become a space-faring civilization. It also emphasizes the importance of collaboration and innovation to achieve this goal.
Both Nike andSpaceX have created mission statements that are simple, clear, and inspiring.They communicate the company's values, beliefs, and overall purpose in a way that resonates with employees, customers, and stakeholders. These mission statements have helped these companies attract and retain talented employees, attract customers, and provide a roadmap for the organizations future.
It can attract and retain talented employees, attract customers, and provide a roadmap for success. Take the time to craft a mission statement that communicates your values and inspires everyone involved with your business, and watch as it repels and attracts what you aim to achieve!
Hope this inspires you to challenge your company mission against some of the best!