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5 mission and vision statement words
Vision and mission statements essay
Vision and mission statements essay
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BUSM 4850- Business Strategy
Individual Assignment
Submitted By: - Gagan Singla
Student ID- 100271118
Submitted To: - Ivan Surjanovic
AIR CANADA
Introduction
Air Canada is Canada's biggest aircraft and the biggest supplier of booked traveler benefits in the Canadian market, the Canada-U.S. Trans outskirt showcase and in the worldwide market to and from Canada. In 2015, Air Canada together with its Air Canada Express provincial accomplices conveyed more than 41 million travelers, offering direct traveler administration to more than 200 goals on six landmasses. Air Canada is an establishing individual from Star
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So, there should be an efficient and optimum use of resources with the modernised techniques that provide them competitive advantage over the competitors and make them an efficient organization.
Mission and Vision Statement of Air Canada
Air Canada’s Mission is “Connecting Canada and the World” with its vision as “Building
Loyalty through passion and innovation”
This Company made their mission statement in 2012 and according to me this mission and vision statement is good but these need loads of changes as I have read in this course mission statement should be:-
The uniqueness of the Company is by its own particular and specific language. Describes the firm’s recent business and purpose—“who we are, what we do, and why we are here.” Also: “who our customers are” and “how we will serve them”
Statement should be in the form which is describing the company’s feature and work, not on “making a profit”—earning a profit is an objective not a mission.
New Mission statement could be:-
“To be the best airlines in whole world and providing excellent customer experience in our flights with full entertainment and loads of satisfaction.”
Vision statement could be:-
"We're not happy 'til you're not
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Wide market - They covers a large market in whole Canada domestically and as well as they cover international market as well.
2. Share costs- Air Canada share costs as they are the member with one of the star alliances in which they can contribute to the world and share cost. WEAKNESS
1. Weather conditions- Sometimes the bad weather conditions become the huge problem for the aircrafts as they are not able to operate in bad conditions by which they get losses.
2. Maintenance cost- Maintaining the old aircrafts is the biggest weakness for the airlines as they have to spend a huge amount on their maintenance by which their additional overhead cost raises.
OPPORTUNITIES
1. Growing globally- Air Canada have the opportunity to grow globally by building their network with different countries and this relationship should be long lasting for more growth.
2. Asian Market- As more students are coming to Canada for their further studies and they have now opportunity to increase more flights to those areas so that they are never short of their flight and all people are able to book with them. THREATS
1. Global competition- As more companies are coming into this airline market so there can be a threat to Air Canada from these
Westjet has a unique corporate spirit: To enrich the lives of everyone in WestJet's world by providing safe, friendly and affordable air travel (2). In order to fulfill this company mission, westjet pursue to become one of the five most successful international airlines in the world by 2016, providing the guests with a friendly and caring experience that will change air travel forever.
An effective mission statement at a fire department can be incredibly influential on the morale of the personnel—which as a result, can dramatically improve the performance of personnel when put into practice. Furthermore, because of the importance of a fire department’s mission statement, there should be a considerable amount of thought put into the drafting of one; and one of the most vital parts of an effective mission statement is to make sure that it can be put into practice. With that being said, the mission statement at my fire department is “One Team, One Group, One Fight”.
The major point of focus, which these two companies are trying to do by merging, is to establish the largest airline network that would be very influential in the airline market. The newly established American Airline has the capacity of operating 6,700 daily flights and this makes it the most prominent and influential global airliner (Karp 1). Its operating presence in more than 50 countries worldwide adds to the network it intends to establish. The 6,700 daily flights make it presence prominent across all the 330 destination points it operates in worldwide.
Product features; without superior cost advantages and meeting consumer (airline) demands/preferences e.g. Brasilia, the company would not have been able to enter other markets such as the US. Customer focus became a cornerstone of the strategy of the company e.g. design and "robust". Stayed away from the more profitable market e.g. larger carrier market dominated by Boeing and Airbus.
The Global Industry, with the help of globalization, has been connecting the world for the past few years, and have been the missing link to a global economy that is slowly but steadily dominating the world. Over the past 30 years, statistics have shown an average 5% increase of World Air Travel, with the statistics constantly fluctuating up and down, varying due to the economy influence all over the world but it is unquestionable that there has been a steady improvement of demand. Airlines have been increasingly gaining popularity from across the world. According to the International Air Transport Association (IATA), statistics has shown that the airline industry has been generating a lot of profit for the global growth of the economy, with
They are telling their customers that they would like Toronto, Vancouver or Montreal airports way more than Chicago or New York airports. Air Canada hubs are providing easy transit facilities to their sixth freedom travellers by deducting, the need to reclaim bags, and allowing those customers to proceed directly to US customs. It also serves several Asian destinations from its Toronto hub, including Beijing, Shanghai, Hong Kong and Tokyo Haneda. Air Canada also launched non-stop flights like Toronto to Delhi, Toronto to Mumbai and vice-versa (known as long-haul flights). Airline is also expanding its roots to almost six new small cities in states. The companies goal is to attract 1.5% US share which can add up to $600-$700 million in the incremental revenue. (Keenan,
Government regulations have a big impact on how the Airline Industry works, besides the strict policies and regulation Airlines must follow; Airlines are also entitled to large airport taxes including the cost for security changes, airport rent, and fuel excise taxes. The example in the article illustrated the regulatory Airport tax that Canada charges Air Canada to land on a Canadian Airport is much more than in comparison to if that plane was to land in America. Being a Canadian based company (with hubs in Canada) Air Canada must follow these regulations and it does cost them at a disadvantage.
The mission statement of the company was “As we grow as a company, it has become more and more important to explicitly define the core values from which we develop our culture, our bran...
This pursuit created unique challenges for Air Canada which primarily centered around operational efficiency issues, operating cost
When an airline does not have a sustainable competitive advantage, it does not have any properties of differences from there competitor and turns to a dangerous price war. The sustainable ...
...ry long and successful history in the airlines industry, which makes it one of the leading airlines in the world. Also, it provides the most comfortable flights and services to its costumers and employees, which makes it unique.
Several weaknesses in airline operations were identified as the causes of the RM1.3 billion loss. These included esclating fuel prices, increased maintenance and repair costs, staff costs, low yield per available seat kilometer ("ASK") via poor yield management and an inefficient route network.
Firstly, there are 2 major events that are taking place. First of all, is the ever increasing oil price. Second, is the "ASEAN OpenSkies" agreement that has been reached. The competitors seem like a threat for Air Asia due to increase of the fuel price. It cost will still remain as the lowest among the other regional airlines because Air Asia is a low cost leader. Hence, Air Asia have a great opportunity to attract parts of the existing consumers of full service and customers that prefer low cost from other airlines. The "ASEAN Open Skies" allows unlimited flights among ASEAN's regional air carriers beginning December 2008. Air Asia can still remain competence with other regional airlines and defeat them due to this factor. Furthermore, Air Asia have created some opportunity to partner with other low cost airlines as Virgin to enter into their
By dominating the global regions it will create a greater potential for foreign investments, allowing the Singapore Airlines to sustain their quality efforts.
Mission Statement: As an educator I will provide for students the opportunity to make a positive difference in their lives to help them accomplish unexpected goals. I will enhance learning to support my students in achieving their highest potential by integrating technology into the curriculum. I will integrate conceptual technology learning techniques that will implement concrete knowledge of technology that will emphasize mastery of understanding. Through committed support from educators, faculty, staff, parents, and the community, I will advance learning to support my students. This will allow students to become confident, creative, motivated, technology-ready students. I will provide leadership to achieve these standards of excellence each student deserves for a technology driven society.