HR Glossary

Mission Statement

Mission statement, also known as company mission, refers to a written description of a company’s core purpose and focus which stays unchanged over time.

What-is-mission-statement

Mission statement definition

Mission statement, also known as company mission, refers to a written description of a company’s core purpose and focus which stays unchanged over time. Description includes what the company does, what is important to it, what markets it serves and what direction it is going in.

Mission is the effect of the company’s vision. There are many varieties of mission statements, from those with just one punch sentence to the more elaborate ones stating company’s purpose, history, values or set of beliefs.

Importance of mission statement in business

In today’s more socially aware modern world companies started using mission statements as part of their corporate social responsibility policies.

This way they can promote transparency, allow outsiders to ‘feel’ the mission of the company and make sure that all business actions can be judged against standardized criteria.

See TalentLyft in action

Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!


Related content

  • Accessibility refers to the ease with which company's facilities, products, services, functions or people are available to as many employees as possible.Definition of accessibilityAccessibility refers to...

  • Co-employment is the relationship between an employer and a firm specialized in employee leasing or a Professional employer organization (PEO).Co-employment definitionCo-employment is the relationship between an...

  • A cover letter is a written document submitted with a resume to provide additional information on skills and experience and to explain the applicant's credentials and...

  • Due diligence refers to the process of investigating and assessing a person, business or details of an investment to assess suitability, risk, potential value and reward...

Explore more topics

  • SMBs HR

    Unlock effective HR strategies tailored for small and medium-sized businesses (SMBs). Learn how to manage recruitment, employee engagement, compliance, and talent development on a budget. Discover tools and best practices to streamline your HR processes and build a strong, thriving workforce in your growing business.

  • Skill Assessments

    Enhance your hiring process with skill assessments. Evaluate candidates' abilities and competencies through tailored assessments designed to measure job-specific skills. Learn how to incorporate skill assessments to identify top talent, ensure the right fit, and make data-driven hiring decisions that improve performance and reduce turnover.

  • Recruitment Software

    Optimize your hiring process with powerful recruitment software. Streamline candidate sourcing, applicant tracking, and interview scheduling while improving efficiency and reducing time-to-hire. Learn how the right recruitment software can help you attract top talent, enhance collaboration, and make data-driven hiring decisions for better results.

  • Attracting Candidates

    Discover innovative methods for attracting top candidates and winning the talent war. Learn how to strengthen your employer brand, leverage social media, create engaging job postings, and use targeted marketing strategies to stand out in a competitive job market. Attract and secure the best talent to drive your organization’s success.

  • Recruiting Stats

    Stay informed with the latest recruitment statistics that can help you refine your hiring strategies. Discover key metrics on time-to-hire, candidate sourcing, retention rates, and more. Use these data-driven insights to improve your talent acquisition processes and make better hiring decisions.

  • Best HR Blogs

    If you’re an HR professional seeking a stimulating read, explore these top HR blogs. Stay informed with the latest industry insights, trends, and expert advice. From talent management to recruitment strategies, these blogs offer valuable content to help you stay ahead and succeed in the dynamic world of HR.

Simple and affordable recruitment software