Statements & Mechanisms

7 important questions on Statements & Mechanisms

What is a mission statement?

A concise explanation of the organisation's reason for existence. It describes the organisation's purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.

What is a value statement?

This statement lists the core principles that guide and direct the organisation and its culture. In a values-led organisation, the values create a moral compass for the organisation and its employees. It guides decision-making and establishes a standard against which actions can be assessed.

What is a purpose statement?

A purpose statement is a single statement that defines the reason your company exists—beyond simply making a profit. It also illustrates how your product or service positively impacts the people you serve.
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What is a code of ethics?

A code of ethics puts the values of a values statement into practice. It outlines the procedures in place to ensure the organisation's values are upheld.

What are questions to consider when creating codes of ethics?

What are common ethical issues in our industry? What should someone do if he or she sees a violation of our values?

What is the whistleblowing mechanism often accompanied by?

A message that you do not have to reveal yourself.

Why are do people choose not to become whistle-blowers?

Due to fear for retaliation (demotions, death threats, job loss)

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