Ending Soon! Save 33% on All Access

Redefining Your Mission Statement Haven't updated your mission statement since you started your business? Here's how to get started.

Reassessing your mission statement starts with asking youremployees how closely it reflects how the company works. Is itrealistic? Are we living up to it? Is it used on the job? Where canwe do better? This critical look in the entrepreneurial mirror isdaunting, but the rewards are great. You'll connect with youremployees, who will respect you for taking an honest, warts-and-alllook at your company. A staff meeting or a survey are both goodoptions for getting feedback.

If you find dissonance in your mission statement, get rid of it.That may require changing some of your company procedures.Don't leave yourself any wiggle room, either. If you write thatyour company will have "integrity," for example, whatdoes that mean? Your mission statement should define what integritymeans on the job, and how it will be measured in companyperformance. Make sure your mission statement is specific,measurable, attainable, relevant and trackable. You'll increaseits usefulness as a benchmark in staff meetings as well as in yourbrand strategy.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.

Leadership

Clinton Sparks Podcast: Global BMX Star Shares His Entrepreneurial Journey

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Starting a Business

Clinton Sparks Podcast: From Pepsi, Beats to Netflix — This Powerful CMO Shows How to Never Let Your Light Dim

Learn about the challenges high achievers face, the tenacity required to conquer self-doubt and the continuous pursuit of excellence.

Business News

Here Are the Cheapest Online MBAs You Can Do From Your Couch, According to a New Report

No in-person interaction is necessary and most cost less than $10,000.