Redefining Your Mission Statement Haven't updated your mission statement since you started your business? Here's how to get started.

Reassessing your mission statement starts with asking youremployees how closely it reflects how the company works. Is itrealistic? Are we living up to it? Is it used on the job? Where canwe do better? This critical look in the entrepreneurial mirror isdaunting, but the rewards are great. You'll connect with youremployees, who will respect you for taking an honest, warts-and-alllook at your company. A staff meeting or a survey are both goodoptions for getting feedback.

If you find dissonance in your mission statement, get rid of it.That may require changing some of your company procedures.Don't leave yourself any wiggle room, either. If you write thatyour company will have "integrity," for example, whatdoes that mean? Your mission statement should define what integritymeans on the job, and how it will be measured in companyperformance. Make sure your mission statement is specific,measurable, attainable, relevant and trackable. You'll increaseits usefulness as a benchmark in staff meetings as well as in yourbrand strategy.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Buying / Investing in Business

From a $120M Acquisition to a $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Buying / Investing in Business

Big Investors Are Betting on This 'Unlisted' Stock

You can join them as an early-stage investor as this company disrupts a $1.3T market.

Business News

Mark Zuckerberg 'Insisted' Executives Join Him For a MMA Training Session, According to Meta's Ex-President of Global Affairs

Nick Clegg, Meta's former president of global affairs, says in a new book that he once had to get on the mat with a coworker.