Oracle is one of the world’s leading IT organizations. It is an American-based corporation. Its headquarters are present in Austin, Texas. It is a multinational company. It deals with database technology, selling database software, cloud-engineered products and services, and other hardware products and designs. Let’s know about Oracle’s Mission and Vision Statement.
Oracle thrives to maintain its global position. Oracle adheres to its mission, vision statements, and core values. The mission and vision statements enable the organization to achieve its intended goals. The mission and vision consistently provide the workforce with ways to be creative and innovative for the growth and development of the organization. The core values help the spiritual growth of the organization.
Mission
The mission statement of Oracle is “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.”
Mission Analysis
The mission defines the values and strategic goals of the organization. The mission statement defines how the organization should deal with its customers, clients, suppliers, and partners to increase the productivity of its business. It helps to identify the company’s operation goals. It highlights different processes and systems of the organization, that help in the growth of the organization.
The mission statement helps the organization in many ways such as-
- It helps the organization in providing the people with better opportunities.
- It enables the organization to focus on the customers’ areas of interest.
- It helps the organization to strive to maintain customer satisfaction.
- It helps the organization identify the target consumer groups and fulfil their requirements.
- It helps the organization make better use of the core competencies.
- It helps the organization make the processes simpler to understand by the stakeholders.
- It helps the organization thrive to achieve targets.
- It helps the organization work towards inspiring others.
- It helps the organization encourage its workforce to perform their best, for the company and their own benefit.
- It helps the organization to work for society.
- It helps the organization to reach its audience to the point of need.
- It enables the organization to communicate effectively the aims and goals with the stakeholders.
- It helps the organization to identify the deals based on ethical grounds.
- It allows transparency in the business of the organization.
Vision
The vision statement of Oracle is that statement that enshrines the mission statement. It helps the company “to become an organization that helps its customers and makes itself a better work environment for its employees.”
Vision Analysis
The vision statement defines the strategic plans for future endeavors. It helps to make strategic plans and execute them systematically.
The vision statement helps the organization in many ways such as-
- It helps the organization to make proper decisions.
- It helps the organization to be precise and deliver its decisions and opinions to the relevant clients, customers, and stakeholders.
- It enables the work to be comprehensive and to the exact point.
- It helps the organization to communicate the essence of the business.
- It helps the stakeholders to understand the future targets of the organization.
- It enables all the associates of the organization to understand the business strategies and work accordingly.
- It helps the organization to communicate the long-term goals to the relevant stakeholders and business partners.
- It enables the organization to identify its core strengths.
- It helps the organization to set up significant milestones to solve critical issues.
- It enables the organization to identify the potential resources.
- It enables the organization to improve its business with potential changes.
- It helps idea generation to improve the performance of the business.
- It enables the organization to identify the gaps and loopholes for the growth of the business.
- It helps to prioritize the key decisions.
Core Values
The core values of Oracle are-
- Integrity
- Mutual respect
- Teamwork
- Communication
- Customer satisfaction
- Quality
- Compliance
- Fairness
- Ethics
- Innovation
Core Values Analysis
Oracle treats its core values as the foundation of its company. It believes that the core values are essential to its business. The core values can be explained as follows-
- Integrity- Oracle believes in being honest at every point in time. It believes in doing the right thing. It encourages its employees to be responsible and take proper decisions for the growth and development of the business.
- Mutual respect- Oracle treats everyone with equal respect. It encourages its associates to treat each other with dignity. The organization values the uniqueness of every individual at the workplace. It believes that every contribution from any associate is essential for the company’s development.
- Teamwork- Oracle believes that a strong team can bring out the best in any task. Teamwork includes sharing ideas, thoughts, collaborating in work, and giving constructive feedback. The organization believes that collectively working on any critical task can make things simpler and correct. It believes that employees, together engaged in brainstorming, can come up with creative and innovative ideas. Teamwork also improves work performance and helps to meet deadlines.
- Communication- Oracle believes in sharing knowledge effectively with one another. It emphasizes prioritizing the non-disclosure of confidential information while communicating important strategy plans.
- Customer satisfaction- Oracle keeps its customers at top priority. It makes all the efforts to understand the customers’ requirements and meet those needs efficiently.
- Quality- Oracle strives for excellence. It believes in holding itself to high standards of business ethics.
- Compliance- Oracle always encourages its associates to comply with the rules, regulations, laws, policies, and procedures that govern its business.
- Fairness- Oracle believes in treating everyone fairly. It aims to maintain a work environment free from bias.
- Ethics- Oracle upholds high standards of ethical behavior and aims to maintain it.
- Innovation- Oracle always encourages its associates to try new ideas with creativity and technical expertise.
Frequently Asked Questions
- How Oracle maintains integrity?
Answer. Oracle incorporates governance and privacy policies to maintain integrity at work.
