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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 810 |
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The mission statement should be combined as the vision and mission statement. It should describe what the organization is now and what the organization would like to become. This is important because the mission statement promotes a sense of shared expectations in employees and communicates a public image to important stakeholder groups in the company's task environment...
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(Wheelen & Hunger, 2006)
The last order of business is that Mr. Wallace needs to implement is to begin the strategic management process. In doing this, Mr. Wallace may need to hire a consultant who specializes in strategic management. This will help them adapt the correct way to start the process and continue to stay on tract with the new process...
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