CHAPTER 4 Management Principles DEVELOPING MISSION, VISION & VALUES PRESENTATION CARPENTER/BAUER/ERDOGAN CHAPTER 4 MANAGEMENT PRINCIPLES • THE ROLES OF MISSION, VISION & VALUES 1 MISSION STATEMENT: "communicates the organization's reason of being, and how it aims to serve its key stakeholders." 2 VISION STATEMENT: "future-oriented declaration of the organization's purpose ad aspirations." 3 VALUES: "beliefs of an individuals or group in which they are emotionally invested." CHAPTER 4 MANAGEMENT PRINCIPLES MISSION & VISION 3 CRITICAL ROLES 1 Communicate the purpose organization to the stakeholder of the 2 Inform strategy development 3 Develop measurable goald and objectives CHAPTER 4 MANAGEMENT PRINCIPLES MISSION AND VISION IN P-O-L-C FRAMEWORK CHAPTER 4 MANAGEMENT PRINCIPLES CREATIVITY & PASSION Vision statement should reflect and communicate something that is relatively novel and unique. CREATIVITY POWER OR ABILITY TO INVENT PASSION INTENSE CONVICTION 4 TYPES OF CREATIVITY CHAPTER 4 MANAGEMENT PRINCIPLES CREATIVITY TOOLS: • SCRAMPER • Nominal Group Technique These tools help to manage TWO Divergent Forms of thinking necessary for Creativity: A. PROGRAMMED THINKING B. LATERAL THINKING CHAPTER 4 MANAGEMENT PRINCIPLES CREATIVITY Tools SCRAMPER A checklist tool that helps you think of changes you can make to an existing marketplace to create a NEW one - new product, new service, or both. NOMINAL GROUP TECHNIQUE A method of facilitating a group of people to produce a large number of ideas in a relatively short time. CHAPTER 4 MANAGEMENT PRINCIPLES IAN MONTOJO Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec eu varius ipsum, at aliquam mauris. Donec mollis at mi et luctus. Maecenas porta. Our Team JENAMIE MELLINA Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec eu varius ipsum, at aliquam mauris. Donec mollis at mi et luctus. Maecenas porta.