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Analysis of Seagate Technology's Mission, Vision, and Values

   

Added on  2023-04-11

7 Pages1602 Words211 Views
Management
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Contents
Introduction......................................................................................................................................3
Part 1............................................................................................................................................3
Part 2............................................................................................................................................5
References........................................................................................................................................6
2

Introduction
A company through strategic management can either make or break itself besides faltering in the
absence of a robust strategy. Entrepreneurs having a strong vision and hold of the needs of their
companies are likely in having a leg up on market competition. According to Qehaja, Kutllovci
& Pula (2017), when a roadmap for growth is being developed it is critical to set business goals
and tie them with the vision of a company. A strategic plan with a company evolving and
changing significantly contributes in providing benchmarks and measuring success. The key
purpose of this report focuses on analysing the mission, vision, and value statements of the
selected enterprise Seagate technology, which is an American data storage company.
Part 1
According to Comparably (2019), the mission statement of Seagate states that the company
recognizes that data is always in motion, alive, connected. For maximizing the potential of
humans it is controlled at Seagate whose mission revolves around giving peace of mind to people
by providing help in protecting their digital lives. Precision-engineered data storage technologies
have been created by the company since 1978, delivering high-caliber capacity, speed, safety,
and performance. Seagate is diverse workforce of 40,000 creative, hardworking, and passionate
people spread across the globe—Silicon Valley, UK, Singapore, India, China, and many more.
On the other hand, the company’s vision statement stresses on crafting the datashare while
Caring, Creating and Collaborating are the values.
Seagate’s vision and mission statements and its values are a critical part of the strategic
management process. The managers with the help of the company’s vision and mission that is
well-defined find ease in setting the strategic objectives aligning with the long-term goals of the
business. According to Comparably (2019), these strategic objectives are further translated into
an operational strategy by the managers for implementation, monitoring and evaluation. It has
been observed that at Seagate Technology these guiding documents that also include its values
are thoroughly aligned with the business’s goals in the long run. This gets reflected when
managers communicate their objectives to stakeholders and employees comprehension about
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