What Is the Difference Between Vision and Mission Statements?

The starting point of strategic planning is the identification and formulation of the organization’s goals. In this case, a general goal is usually distinguished, which is defined as a mission, and specific goals of a lower level. So, what is the difference between these concepts? Here is more about it. Formation of a strategic vision, …

Importance of Board Job Descriptions

The job description prescribes the rights and obligations of the board management: its powers, area of ​​responsibility, conditions for bonuses, and penalties. These documents help the head of the company manage subordinates and control their work. What is a job description? The legislation does not require the creation of such documents. They are created taking …