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Mission & Vision Statement Analysis

Audit of Existing Mission & Vision

The case provides a paraphrased mission and several conflicting vision statements, indicating a lack of strategic clarity and focus at the highest level.

Existing Mission: "To enhance athletes' performance through exemplary design and relentless pursuit of innovation." (p. 2, para. 2).

Existing Vision: Conflicting statements exist, including "to empower athletes globally by providing innovative products" and the CEO's goal for "women's business to one day be larger than our men's business." (p. 2, para. 2). This lack of a single, unified vision is a significant weakness.

Mission Statement 9-Component Audit

ComponentPresent in Mission?Justification & Case Reference
1. CustomersYes"athletes"
2. Products/ServicesYes (Vague)"exemplary design" (Lacks specificity about apparel, footwear, etc.)
3. MarketsNoFails to mention geographic scope (e.g., global).
4. TechnologyYes"relentless pursuit of innovation"
5. Survival/Growth/ProfitabilityNoNo mention of financial goals, a critical omission given the -$48M loss (p. 4, Ex. 2).
6. PhilosophyNoDoes not state a clear, guiding belief. The "four wills" are separate (p. 2, para. 2).
7. Distinctive CompetenceNo"Exemplary design" is not distinctive, as competitors copy it (p. 7, para. 2).
8. Public ImageNoNo mention of social or community responsibility.
9. EmployeesNoFails to mention the role or value of employees.

Proposal for New Vision & Mission Statements

A new, clear vision and a comprehensive mission are required to unify the company and guide its turnaround strategy.

Proposed Vision Statement

"To be the world's most trusted and innovative performance brand, empowering every athlete to push their boundaries."

This vision is clear, futuristic, concise, and inspiring. It sets a high standard and focuses on the core customer.

Proposed Mission Statement

"We are dedicated to empowering athletes (1) worldwide (3) by delivering the most innovative performance apparel, footwear, and digital fitness solutions (2). Through our mastery of advanced material technology (4) and authentic relationships with elite endorsers (7), we are committed to achieving profitable growth (5) while honoring our 'us versus them' underdog spirit (6). We strive to be a positive force in every community (8) and are powered by our dedicated team of employees who make all athletes better (9)."

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