Organizations often decide to produce their mission statement as a way to communicate what they are trying to achieve in the future.
SpaceX’s Mission Statement
SpaceX’s mission statement is “To revolutionize space technology, with the ultimate goal of enabling people to live on other planets.”
This statement is broken down into four parts: space technology, people living on other planets, revolutionizing space technology and enabling people to live on other planets.
SpaceX’s mission statement is both descriptive and future-oriented. It describes what they hope to achieve in the future as well as provides an idea of how they plan to do that.
Mission Statements Defined and Why They Matter
Missions statements are a set of guidelines and goals that an organization, business, or group wants to achieve.
A mission statement defines who you are and what you want to do. It provides direction for the company or organization and gives employees a sense of identity. A mission statement is often used as part of a company’s branding strategy.
SpaceX’s mission statement is a great example of a mission statement in practice
SpaceX’s mission statement is a great example of a mission statement in practice. Their mission statement is “to accelerate the world’s transition to sustainable energy”, and they’re living up to it.
When Elon Musk founded SpaceX he knew that the company would have a huge impact on our society. It is already one of the most important companies in the world, and it will continue to grow in size and importance as we transition into a more sustainable future.
Great mission statements should have three key traits: a core purpose, measurable goals, and a clear vision.
A good mission statement should be able to inspire readers and help them understand what the company is trying to do. It should also be understandable and achievable.
One example of a great mission statement is from the organization, The Nature Conservancy:
“The Nature Conservancy’s vision is to ensure healthy, diverse natural environments that sustain the world’s plant, animal and human life.”
This vision defines their core purpose – to conserve natural resources for every creature on Earth. In order to achieve this goal, they have measurable goals in place. They want to prevent species extinction and habitat destruction by taking care of our land one acre at a time.
Clearly Defining Your Mission Statement Can Be the Difference Between Success and Failure
Mission statements are easy to write and can sometimes seem unnecessary. They just make it harder to work on the mission. However, having a clear mission statement is incredibly important in the digital world – because it sets you up for success.
Mission statements are a tried and true method in business that increase morale, productivity, happiness, and profit. They also allow employees to have a sense of direction when working on projects.
A good mission statement can be as broad as “to build our community” or “to be the leading professional network.” It is flexible and simple enough where anyone can relate to it.
This introduction goes into detail about why having a clearly defined mission statement is important in the digital world and how they help companies increase morale, productivity, happiness, and profit.
Conclusion: Spacex has clearly defined their mission statement well. Their vision is not only achievable but also supports their core purpose.
In the end, SpaceX has clearly defined their mission statement well. Their vision is not only achievable but also supports the company’s overall goal of proving that reusable rockets are possible.
References
- The real mission of the mission statement: A systematic review of the literature. Journal of Management & Organization, 24(4), 456-473. [Accessed on 27 Oct, 2020]
- Bjelde, B., Capozzoli, P., & Shotwell, G. (2008). The SpaceX Falcon 1 Launch Vehicle Flight 3 Space Exploration Technologies.[Accessed on 27 Oct, 2020]
- Church, E. C. (2016). Vision statement.[Accessed on 27 Oct, 2020]
- Fitch, P. (2017). The Value of Vision. The Canadian Journal of Hospital Pharmacy [Accessed on 27 Oct, 2020]