Levi Strauss & Co.’s corporate mission statement and corporate vision statement reflects the leadership and success in the branded apparel industry and related industries.
Levi Strauss & Co.’s mission and vision statement contributes to the company’s status as one of the largest apparel manufacturing brands in the world. This success is attributed to its strict business ethics and innovation and designs that supports the brand, which is one of the major business strengths identified in the SWOT Analysis of Levi Strauss & Co.
The company’s corporate mission and vision statement motivates the employees to support and contribute to the organizational direction of balancing goals to superior profitability and return of investment and reach the corporate vision. For example, the company emphasizes that target customers must be given superior products which in effect satisfies their needs which results in product loyalty.
In relation, the company’s vision statement represents the company’s efforts in addressing business opportunities in the branded apparel industry.
Levi’s Mission Statement
Levi Strauss & Co. mission statement is, “ To sustain responsible commercial success as a global marketing company of branded apparel. We must balance goals of superior profitability and return of investment, leadership market positions, and superior products and service. We will conduct our business ethically and demonstrate leadership in satisfying our responsibilities to our communities and to society. Our work environment will be safe and productive and characterized by fair treatment, teamwork, open communications, personal accountability and opportunities for growth and development.” This corporate mission evidently shows what the company portrays what it strategically do and be the industry leader worldwide. The following are the main characteristics of Levi Strauss & Co.’s mission statement:
- Global success
- Product excellence
- People empowerment
The first component of the corporate mission statement is the core of the company’s
desire to attaining superior profitability and high rates of the return of investments resulting in Levi Strauss & Co. being the leader in the branded apparel industry. This best describes the company’s products in being “the most creative, innovative and profitable,” Levi Strauss & Co. implies leadership through its products.
The second component of the Levi Strauss & Co.’s statement specifies the target market, which in this case involves the satisfaction of the community and the society as a whole in the purchase and use of their product which is done with high ethical conduct and social responsibility which motivates customers and gets their trust and loyalty.
The third component of the corporate mission states that Levi Strauss & Co. will be able to fulfill its corporate mission by attracting sufficient talent with safe and productive work environments and characterized by good human resource administration such as giving fair treatment, teamwork, open communications, personal accountability and opportunities for growth and development.
Levi Strauss & Co. Vision Statement
Levi Strauss & Co. vision statement is, “We are the embodiment of the energy and events of our times, inspiring people with a pioneering spirit.” This vision statement depicts Levi Strauss Co.’s developmental path as the company maintains its position as on the leaders in the branded apparel industry in the world. The following are the main components of Levi Strauss & Co.’s vision statement:
- Energy embodiment
The first component of the corporate vision statement partly defines the Levi Strauss &
Co.’s description of the future of company as the building block on the foundation they inherited.
The second component of Levi Strauss & Co.’s vision statement shows their affirmation of the company’s tradition, closing gaps that may exist between principles and practices and updating some of their values to reflect contemporary circumstances.
The third component upholds the commitment of offering products that are right for every generation and to seek to reflect on the voices of the communities where they have a business presence.
Levi Strauss & Co.’s core values comprise “innovation, sustainability, progress, originality, integrity, courage, empathy, creativity and hard work.” This is reflective of the Levi Strauss & Co.’s long standing tradition of community involvement and employee volunteerism that continues to this day which has the following main factors:
- Hard work
The first component provides that Levi Strauss & Co. started the tradition of being an apparel
innovator and still upholds the commitment of offering products that are right for every generation.
The second component is why the company survived for the past 165 years because they believed that profits through principles and everything that they do is built on the founding principles and values of Levis Strauss & Co.
The third component is evidently manifested in the continuing global expansion of the business through new Levi Strauss & Co. locations worldwide.
The fourth component shows how the company has shown its adjustment to new trends in society by acquiring more companies, creating more brands, and applying traditional brands to different kinds of apparel.
In the fifth component it has shown its high moral standards by having a quality of honesty incorporated with strong moral principles. In the process of its moving on to higher levels of business progress, the sixth component shows how Levi Strauss & Co. has faced business challenges and has overcome it by hiring top talents for its corporate offices.
The seventh component indicates strategic efforts that includes Levi Strauss & Co.’s corporate social responsibility for improving people’s lives and contributing to social prosperity with a genuine concern for people and a recognition of the people that make the business successful.
The eighth component is based on the company’s ability to provide the technology in branded apparel that is fit for the clothing need of the customer.
The ninth component is the assurance that the Levi Strauss & Co. does its best to achieve their financial goals through diligence and strategies that is manifested by good management practices.
Therefore, Levi Strauss Co. ‘s corporate values shows how the company wants to achieve its mission and vision with good ethical and moral standards.
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