Wednesday, May 6, 2020
Analysis Of Pilkingtons Mission Statement - 1328 Words
Overall, the Group’s performance is poor due a lingering global economic slowdown, which brought down market shares throughout its automotive and architectural business lines; however, there has been a slight increase in its market share for technical glass due to the Group’s strategy to expand into a niche market and providing a superior technological component compared to its competitor. Additionally, the Group saw an increase of 5% net income over the last four-years; nevertheless it still has not posted a positive net income profit, which means the Group’s 2007 strategic management of re-establishing a firmer financial foundation, and improving its financial strengths by 2014 was not a sustainable strategy. Mission Statement Analysis Pilkington’s mission statement: â€Å"To be the global leader in innovative high performance glass and glazing solutions, contributing to energy conservation and generation, working safely and ethically†(NSG Group, 2015). By using Campbell’s evaluation method, the Group’s mission statement scored 18 out of 20 points, indicating a well-conceived statement. However, the mission statement does not identify a specific standard of behavior; hence, the two-point deduction using Campbell’s 10-question test, but ethical behavior is encouraged. The Group’s mission statement motivates the organization and its shareholders’ by providing direction, vision, and a sense of purpose. The mission statement was devised to encompass the entire scope of the
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