Athersys mission statement is
that “we are committed to the
development of innovative and best-in-class therapies designed to address areas
of significant unmet medical need, and that have the potential to extend and enhance
the quality of human life.” The company primarily targets all its efforts
towards the enrichment of medical approaches by investing in areas that remain
scarcely explored, and with potential to add to the effectiveness of the
sector. The statement has the following main features:
Innovative therapies
Improving health
To satisfy the first feature
in this statement, Athersys exploits its expertise and experience to come up
with better treatment options for various diseases. For instance, the company is
currently carrying out multiple clinical trials on its MultiStem
therapy. This approach is
branded as the new era of medicine due to its potential to treat a wide
spectrum of conditions such as the inflammatory, neurological, cardiovascular
and immune-related ones. With such protective characteristics, Athersys shows
that it undeniably impacts positively on the health of humanity.
Athersys has rejuvenated the approaches used in the creation of regenerative medicines through its modern clinical-stage approaches. As a biotechnology company, Athersys recognizes the importance of improving the quality of human life through its work, something that its mission and vision statements similarly emphasize on. A corporate vision statement is a definition of what a business desires to achieve, while a corporate mission statement reveals the strategies that would make it possible for a firm to achieve its vision.
In this case analysis of Athersys, both the mission and the vision statements are all about the impact the company can have on human life. Particularly, the mission statement highlights the role of its innovative therapies when it comes to enhancement of the quality of life. Athersys also depends on its core values to drive its passion and ensure that everything it does contributes to the mission and vision of the firm.
Vision Statement
Athersys vision statement is yet to be published on its
site. Even without it, it is clear that this is a visionary company determined
to pioneer new therapies and lead in the growth of the biotechnology and
medicine industry.
The research and development section of this company is proof
of how advanced the company is when it comes to invention of adaptive treatment
options.
Core
Values
Athersys core values comprise “teamwork, honesty and integrity, scientific excellence and innovation,
personal and corporate responsibility.” These values guide the organization
towards its purpose of impacting on humanity. They create a conducive
environment that not only promotes collaboration but also enhance the
creativity to do better.
Darbi, W. P. K.
(2012). Of mission and vision statements and their potential impact on employee
behaviour and attitudes: The case of a public but profit-oriented tertiary
institution. International Journal of Business and Social Science, 3(14).
Dermol, V.
(2012). Relationship between mission statement and company performance. Analele
Ştiinţifice ale Universităţii» Alexandru Ioan Cuza «din Iaşi. Ştiinţe economice, 59(1),
325-341.
Kenny, G.
(2014). Your Company’s Purpose is Not Its Vision, Mission or Values. Harvard
Business Review. Sep, 3.
King, D. L.,
Case, C. J., & Premo, K. M. (2010). Current mission statement emphasis: be
ethical and go global. Academy of Strategic Management Journal, 9(2),
71.
