Tiger Brand’s vision and mission should be consistent with mission and values. Describe the implication(s) of this statement in firms operations.

Running Head: HUMAN RESOURCE MANAGEMENT                    1
HUMAN RESOURCE MANAGEMENT                            10
HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction    3
Statement of Vision    3
Statement of Mission    4
Difference between Mission and Vision    5
Statement of Value    5
Implications on a Firm's Operations    7
Values, Mission and Vision: What Roles Do They Play?    8
Strategy Formulation    9
Performance of Organisation    9
Human Resource Management    10
Conclusion    11
References    12
Introduction
All operations of an organisation are founded on the values, mission and vision, declarations. Hence, mission and vision should be consistent with values and mission. The vision statement defines the organisation's future direction. It is an inspiring and wide phrase meant to inspire stakeholders' support. The mission statement explains how the company sets itself apart from competitors in its field. It is meant to demonstrate how stakeholders' requirements will be met and is more precise than the vision statement.
Statement of Vision
A declaration that expresses an organisation's broad goals for what it wishes to become or achieve is a vision statement. A vision is a broad statement of the value that a company delivers. It is a visual representation of what the company is attempting to become or become. It should encourage and inspire individuals to want to be a part of the organisation and participate. Vision statements should be clear and succinct and should be no more than a brief paragraph in length (Winburn et al., 2021).
The institution's endpoint for the strategic plan's dimension is the model vision statement. This encompasses the specific characteristics that are utilised to inspire and motivate future success and will characterise the organisation's future condition. It explains the institution's predetermined future position as well as the particular rudiments of that stance in relation to the mission statement. It gives information regarding the organisation's future expansion (Winburn et al., 2021).
Stakeholders are given a vision of their ideal organisation, which effectively collaborates to accomplish that goal. Because it articulates purpose but a preferred future for the company, a vision statement is fundamentally different from a mission statement. A vision-driven organisation's stakeholders have a clear concept of how they will know when they have arrived, what they are about and where they are going (Clemente et al., 2021).
According to Simpson, Kumar, Kemp, Awate and Manning (2020), a shared, articulated vision is the most potent generator of organisational transformation on multiple levels. Vision is an uncompromising projection of the firm in the near future, usually in a successful and mature position, of what it may be and achieve. In the current business dynamics of the corporation, the roots of this predictable image should be thoroughly defined.
Visionary businesses have a strong commitment to growth that allows them to adapt and adjust without compromising their basic values. Authors identified six characteristics of an organisation's vision as emotional, multifaceted, self-determining, purposeful, concrete and powerful. NESTLE'S major goal, for example, is to "be a leading, competitive Nutrition, Health and Wellness Company."
Statement of Mission
The mission statement is more concrete and actionable, in comparison to the vision statement. The mission statement communicates to stakeholders the reason for the organisation's existence. Adding value to the community or to the market is described. Strategic goals are the broad aims that the corporation will attempt to attain. To support the mission, leaders must develop a clear set of goals that fit together (Northern Ireland Local Government Officers' Superannuation Committee, 2018).
The mission of an organisation is defined as a detailed, clear and short statement of the organisation's existence, present services, tradition and culture, curriculum performance, establishment and goal. The strategic strategy for the organisation's growth bridges the gap between the two. Most large corporations, such as Square, have a mission statement that not only paints an image of being the best in the business, but also protects the rights of society and stakeholders (Northern Ireland Local Government Officers' Superannuation Committee, 2018).
Despite the existence of a distinct school purpose statement, the reasons given by stakeholders for a school's existence might vary greatly, even among stakeholders within the same institution. This lack of agreement in defining a common mission might lead to a misunderstanding. The objective of developing a broadly accepted organisational mission is to focus on members' efforts in order to achieve precise and clearly specified goals, rather than to constrain others (Northern Ireland Local Government Officers' Superannuation Committee, 2018).
The purpose of an organisation encapsulates its reason for adding and for being value to society, as well as its vision. According to Rossmann (2019), a company's mission statement enunciates a collection of concepts that serve as a decision-making framework and address basic concerns about the purpose. A business exists because it must meet and provide value to consumers their requirements.
Difference between Mission and Vision
The words mission and vision statements are used interchangeably by business and are frequently interchanged. The vision statement defines where the company wants to go in the future, while to attain this vision, what the organisation must accomplish today is explain by mission. The mission statement is more precise and outlines how the organisation will differ from others in its field.
Statement of Value
The values statement explains how employees are expected to act and what the organisation believes in. The organisation's...