How To Develop Corporate Core Statements

What are Core Statements?

  • Purpose Statement: Why a company exists.
  • Vision Statement: What a company aims to achieve.
  • Mission Statement: How a company plans to achieve its vision.
  • Value Statement: What a company stands for and how it behaves.
  • Positioning Statement: How a brand differentiates from its competition.

What are the benefits to developing core statements?

  • Strategic alignment at the executive level
  • Clear direction to everyone throughout the entire company

Most companies do not have a clear vision. Most executives don’t understand the definitions of or difference between a corporate vision, mission or purpose. This overview provides a viewpoint on definitions and benefits but most importantly illustrates how core statements can work together to rationally and emotionally unite an organization and drive growth.

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