Video URL: http://ecorner.stanford.edu/videos/1172/Dont-Write-a-Mission-Statement-Write-a-Mantra
Transcript
The second thing I learned is to make mantra. Many of you have not yet been polluted by the desire to make a mission
statement. The desire to make a mission statement comes because you have a graduate school, business degree, or perhaps
you work for McKenzie for summer. Or something like that has ruined you. And so many, many entrepreneurs take it as one of
the fundamental things they have to do is figure out a mission statement. So what they do is they grab the core team. There's
somebody from marketing, from sales, from engineering, from production, finance, HR. And they go offsite and they craft this
mission statement. And everybody has to put their two cents in because this mission statement has to be workable for
employees, for shareholders, for customers, for the dolphins, for the purposes. In the ozone hole, all that has to be in a mission
statement.
So what I recommend is that you don't do a mission statement as a start-up because a mission statement usually ends up
crap. It's too long, it's impossible to remember. It cannot even focus the company which is what it should do. Inevitably you will
end up with the mission statement along these lines. "The mission of Wendy's is to deliver superior quality products and
services for our customers and communities through leadership, innovation, and partnerships." How many of you thought that
that was Wendy's mission statement when you bought a hamburger there? How many of you think you could go to Trixie or
Beef working at Wendy's and ask them, "What's the mission of Wendy's?" And they can repeat that word for word. It's
impossible. That is a $50,000 mission statement done by a consulting firm. I love Wendy's. Don't get me wrong, I love
Wendy's. But the mission statement leaves a lot to be desired.
By contrast, you should do a mantra. Do a mantra because it's only three or four words. It captures the essence of your
organization. When you have a thousand employees or 10,000 employees and you can hire a facilitator or you can go outside
and you can use McKenzie. God bless you! Write this mission statement. It will make you feel better. You can put it up in your
annual report. You can post it in your cafeteria or whatever you want to do. But right now, as an entrepreneur make a mantra.
Here are some mantras.
First thing is. I think Wendy's proper mantra is "Healthy fast food". Three words, healthy fast food. Somewhat oxymoronic I
must admit but healthy fast food is something very easy to remember. Another good mantra: FedEx. FedEx's mantra in my
mind should be "Peace of mind". Because when you absolutely, positively want something in some place, you think of FedEx.
The FedEx employee is thinking peace of mind for our customers. A third mantra from Nike, "Authentic athletic performance".
Just do it is the slogan.
Stanford eCorner
Don't Write a Mission Statement, Write a Mantra
Guy Kawasaki, Garage Technology Ventures
October 20, 2004
Kawasaki talks about how a mission statement,
while touted as necessary for any company,
often is not representative of the true meaning of
the company. Instead, a mantra is shorter and
captures the essence of the organization.
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