Reconciliatory
Revision as of 14:38, 17 July 2020 by QiratH (talk | contribs) (Created page with "Reconciliatory is in regard to mission statements, the need for the statement to be sufficiently broad to "reconcile" differences effectively among diverse stakeholders, i...")
Reconciliatory is in regard to mission statements, the need for the statement to be sufficiently broad to "reconcile" differences effectively among diverse stakeholders, ie appeal to a firm's customers, employees, shareholders, creditors – rather than alienate any group.
Definition
According to the Strategic Management by David and David (15th edition),
- Reconciliatory. In regard to mission statements, the need for the statement to be sufficiently broad to "reconcile" differences effectively among diverse stakeholders, ie appeal to a firm's customers, employees, shareholders, creditors – rather than alienate any group.
