Creating Innovators through setting up organizational Vision, Mission, and Core Values: a Strategic Model in Higher Education

Sreeramana Aithal

MPRA Paper from University Library of Munich, Germany

Abstract: Vision, mission, objectives and core values play major role in setting up sustainable organizations. Vision and mission statements describe the organization’s goals. Core values and core principles represent the organization’s culture. In this paper, we have discussed a model on how a higher education institution can prosper to reach its goal of ‘creating innovators’ through its vision, mission, objectives and core values. A model for the core values required for a prospective graduate from higher educational institutions is developed, discussed and analysed. The model identifies some of the core values which are essential for a student/graduate to become successful and stand-out in his/her life. Based on the core values, a set of core principles for higher educational institutions is developed. Finally, the benefits of core values and core principles are discussed.

Keywords: Organizational Vision; Organizational mission; Organizational core values; Creating innovators. (search for similar items in EconPapers)
JEL-codes: O31 O35 (search for similar items in EconPapers)
Date: 2016-01, Revised 2016-01
New Economics Papers: this item is included in nep-edu
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Citations: View citations in EconPapers (10)

Published in International Journal of Management, IT and Engineering (IJMIE) 1.6(2016): pp. 310-324

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:71954

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