Top business schools also have clearly focussed and purpose-driven mission
statements. The following are just some of such statements. The mission of Haas
School of Business, University of California Berkeley reads: “To develop leaders
who redefine how we do business”; that of Harvard Business School declares: “We
educate leaders who make a difference in the world”; and the MIT Sloan School of
Management mission is: “to develop principled, innovative leaders who improve the
world and to generate ideas that advance management practice.”
Examples of other exemplary organizations abound, but the ones cited above are
enough to illustrate the value of the proposed definition of mission. I outline below
some of the reasons why this definition is worthy of consideration: