RUNNING HEAD: VISION STATEMENT NAME: UNIVERSITY: TEACHER: 2 FORTUNES UNILEVER LIMITED-VISION STATEMENT FORTUNES UNILEVER LIMITED Business Description: Our company is one of the top most brands in home care products and consumer goods with a heritage of almost 40 years and touches the lives of almost 5 out of 8 Americans. Our company will always thrive for making a better future for our customers and others every day, by making their lives better, beautiful and enriching in all respect. Look good, feel good and make your life better with our products and services. With over 20 brands spanning almost 10 different categories including skincare products like soaps, hair care products like shampoos conditioners and different daily care products like toothpastes, deodorants, cosmetics etc. We also have a strong presence in tea, coffee and various eatables through our food processing division and are continuing to expand further in to different consumer good market. With an annual turnover of about $1.2 billion USD (2012-2013) and over 20,000 employees worldwide, we are currently one of the leaders in this segment of the market. 3 FORTUNES UNILEVER LIMITED-VISION STATEMENT Core values and principles: Our global purpose states that in order to succeed there are many things that should happen at the same time and we require "one of the highest standards of corporate behavior towards every employee, customers and the communities we touch, and the environment on which we have an impact." (Unilever, 2013) Always work with integrity: Respecting the customer relation and working always to improve the relationship between clients is the main value and principle of this company. Continuous Commitment towards work: We as a group are committed to continuous improvement in our work culture and how we manage our environment and the people around us. We are working towards the improvement of our fundamentals and will continue to work in order to attain a sustainable business model over time. Purpose and significance of Vision statement: “A strategic vision delineates management’s aspirations for the business, providing a panoramic view of “where we are going” and a convincing rationale for why this makes good business sense for the company” (Concepts and Techniques for Crafting and Executing Strategy). A strategic vision thus points an organization in a particular direction, charts a strategic path for it to follow in preparing for the future, and builds commitment to the future course of action. A clearly articulated strategic vision communicates management’s aspirations to stakeholders and helps steer the energies of company personnel in a common direction. 4 FORTUNES UNILEVER LIMITED-VISION STATEMENT VISION: Our products touches a billion lives every year, and we as the producer feels extremely proud when we hear our products in far distant off places making the life of some person better than ever. The vision statement of our company is based on the four pillars theory and has been set out for a long term direction for the company. We work to create better future everyday and help people look good, feel good and get more out of their life which will eventually become more beautiful. We have several brands that are continuing to make people stay healthy, look good and we here believe in the strength of brands in transforming lives and so we are always ready to improve our current brands and services. The third pillar is inspiring people to make small changes in their lives and the lives of the others to eventually make it better than before. All those small difference will add up to something very significant in someone’s life. We have to keep on expanding and making the company grow to double its strength and making the environmental impact half of what it is now. Profit: Maximize long-term return to shareowners while being mindful of our overall responsibilities. Productivity: Be a highly effective, lean and fast-moving organization. 5 FORTUNES UNILEVER LIMITED-VISION STATEMENT COMMUNICATING THE VISION AT LOWER-LEVEL: As a successful leader, you must try to incorporate everyone with you and set their vision to yourself. One must always keep in mind these points: 1. Properly describe and communicate the values and vision of the company to each stakeholder, whether employee, worker shareholders etc. 2. He has to align the company’s vision and everyone in the same line 3. And then he must try to engage every individual towards achieving and following that vision (Communicate the Vision) The logic behind communicating the goals is that the values of the company and the vision of you as a leader must be understandable by everyone who is going to join. “A company's vision and mission provide the direction for the business's future”. By detailing the core values of the company, the vision and mission statements target the central ideas that every employee should focus on during their employment. When company leaders design new vision and mission statements, they must clearly communicate them to employees to keep everybody on the same page, moving forward. Effective communication of the new vision and mission can be handled in person when possible or by e-mail if necessary. As a leader, you can always stand in front of groups, large and small, and directly explain, teach and preach your values and your vision, how they were derived, and why they are important. The goal is to teach all members of your team about your company, about your values, and about your vision for the company. 6 FORTUNES UNILEVER LIMITED-VISION STATEMENT REFERENCES: (2013). Retrieved January 4, 2014, from Unilever: http://www.unileverusa.com/aboutus/purposeandprinciples/ Communicate the Vision. (n.d.). Retrieved January 4, 2013, from MoveYourCompanyForward: http://moveyourcompanyforward.com/2010/09/30/communicate-the-vision%e2%80%a6-teach-thevision/ Concepts and Techniques for Crafting and Executing Strategy.