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

Aithal, Sreeramana (2016): Creating Innovators through setting up organizational Vision, Mission, and Core Values : a Strategic Model in Higher Education. Published in: International Journal of Management, IT and Engineering (IJMIE) , Vol. 6, No. 1 (January 2016): pp. 310-324.

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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.

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