
We have consciously restrained from getting into depth of each of these, but we would just mention about two of the disadvantages that come in with an approach of this nature.
- Most of Mission/Vision is based on the values of the founders and this might be inconsistent with the underlying economic process of the industry or market.
- These Mission/Vision statements might sometimes be limited in providing significant guidance to managers in real organization.
Read in Kannada: http://somanagement.blogspot.com/2011/06/blog-post_06.html