What is Oracle?
Oracle is an American multinational company that works in the computer technology industry. It is a large corporation that is currently headquartered in Austin Texas. Oracle is popularly known for its database software. The reason for its popularity and success comes from security and database management options. Although their products and services are known to be quite costly, their efficiency is one of the best in the market, which makes it quite popular to use among different companies. Let’s know about Oracle Mission and Vision Statement.
Mission Statement
A mission statement is a concise summary of the company’s goals, aims, and values. It essentially talks about what the company stands for and what led to its creation in the first place. It is a short statement that coherently states what the company will service and provide for its customers.
What is Oracle’s mission statement?
Oracle’s mission statement aims to provide a service to the people and to help them see data in new ways and encounter new possibilities. In more exact terms, this is what the company’s mission states.
‘Our mission is to help people see data in new ways, discover insights, unlock endless possibilities.’
Since the company in itself is in the computer technology industry, it does deal with data and more efficient ways of using and storing them. As mentioned earlier, it is a known fact the company is one of the most in-demand companies for its database management and security. In a world like ours, everything is about data. Data is what runs the world. Oracle is one of the top companies that interact with them. It is also about efficiency. Time is everything. Managing that time well will get you ahead in your field. In this regard, Oracle seems to have understood the idea and is paving its way for a bright future.
Their mission statement is concise. The statement gets straight to the point of anyone who looks at the statement to understand what the company is all about. Mission statements are a company’s beginning. They help keep the company’s focus, especially when it comes to delivering to customers and maintaining satisfaction. In the case of Oracle, it helps serve as a director and keeps them grounded. Since the company has achieved their level of success, it may be easy to assume that they have followed their mission statement. While their statement is concise, it also seems to be a little vague. This is not necessarily a bad thing.
While the company’s statement does not explicitly state how they will deliver data in new ways or ‘unlock endless possibilities’ it does allow them to get creative and discover new ways of handling their data. As mentioned before, it seems like Oracle has discovered the best ways to serve their customers whether it is security or data management.
Vision and Values
Some of the company’s values include:
- Communication: Communication is a key value to aspire to. This is true especially when it comes to dealing with third-party customers. Communication helps maintain healthy relations and create an understanding. It also builds a level of trust. Data is exceptionally useful and when asking a company to handle another company’s data, it is important to build trust and have open communication. It is one of the ways that will help the company draw in more customers.
- Customer Satisfaction: As a service company such as Oracle, they deal with third-party clients. They will become your customers and if you play your cards right they will come back to you again and again. Customer satisfaction is the right way to go about this. Your customer is employing your services. Their satisfaction with your services will help build rapport and trust as well as increase your customer base. Oracle putting this up as one of their values is good. It shows that the company is concerned about their customers and keeps their needs and wants a priority. Oracle prioritizing their customer’s satisfaction is reflected in their progress in their industry.
- Quality: For any of their products or services quality is something that must not be negotiated. Quality is what helps in customer satisfaction and is also the reason why companies continue to ask for their services. Keeping quality as one of their values shows that they would take responsibility and is also something that they keep in mind when providing for their customers. Oracle services as mentioned before are known to be a little pricey, but many customers overlook that because of the quality of their services.
- Ethics: As a company, your ethics and standards are what will help build a well-functioning company. All the employees hired must feel like they can be heard regarding any issue. They must be treated with respect and given equal opportunity. Oracle mentioning this as one of their values portrays a welcoming environment. Any workplace should make an employee feel like they can work their best.
“At Oracle, we foster an inclusive environment that leverages the diverse backgrounds and perspectives of all our employees, suppliers, customers, and partners to drive a sustainable global competitive advantage.”
The above statement is also a part of their mission statement which helps build an understanding and helps emphasize that they are an inclusive environment for all their employees.
Apart from the above-mentioned values and visions, Oracles also lists other such as:
- Fairness
- Integrity
- Innovation
- Teamwork and so on.
The above list is not exhaustive but goes to show that the company strives to achieve success most methodically and strategically without compromising on ethics or quality. Their values and visions help keep them on their desired path. Their values will help them focus and know exactly what it is that they need to do and not compromise on.
A company’s values must be adhered to. They help keep a company upright and also give insight into how the company runs itself. This is important information for both employees and customers.
Oracle is a company that builds and welcomes diversity in its company. They believe in their mission statement and follow through to the very end. Their values incorporate a sense of belonging and build innovation.
