Over the years, many business executives have asked me what the difference is between mission, vision, values, essence, promise and other statements of strategic intent. Here is my summary of that.
Strategy Component
|
Definition
|
Form
|
Mission
|
The
organization’s reason for existing
|
7 to 25 words
|
Vision
|
What
the organization wants to become – forward looking, aspirational,
inspirational
|
7 to 15 words
|
Values
|
What
an organization believes in and how its people should behave
|
5 to 10 core values in
words or phrases
|
Brand Essence
|
The
“heart and soul” of the brand, its timeless quality
|
Three words in the form
“Adjective adjective noun”
|
Brand Promise
|
The
one or two things the brand promises its target audiences that is/are very
important to those audiences and unique to the brand
|
In the form, “Only [brand]
delivers [one or two benefits] to [target audience]”
|
Brand Archetype
|
The
pattern or model that underlies the brand, especially regarding its
motivations and behaviors
|
Choosing the brand’s
primary and secondary archetypes
|
Brand Personality
|
Describing
the brand as if it were a person
|
7 to 12 adjectives
|
©
2015 by Brad VanAuken
For more information on this and other brand management and marketing terms, refer to Brand Aid, available here.
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