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Red Bull Mission and Vision Statements Analysis

Red Bull Mission and Vision Statements Analysis

Red Bull mission statement and vision statement analysis

Introduction

Red Bull is an Australian-based soft drink manufacturing company known for the production of the popular Red Bull. The value of this company is inseparable with that of its soft drink, Red Bull. Since 1987, this company has gained global attention with its marketing strategies that have enabled this soft drink to rank top amongst all other competing drinks in the soft drink categories in terms of market shares.

The ability of Red Bull to achieve so much is linked to the specificity of its core values, mission and vision statements. The company vision is safe considering the declaration presented by its vision statement that Red Bull will remain focused on maintaining high standards and leadership in the sector. This is strengthened by the strategies implied in the mission statement of this company such as prioritization of progressive ideas. The core values further put Red Bull in a winning position as they create a serene working environment for everyone involved with the firm.

Red Bull Mission Statement

Red Bull mission statement is “giving wings to people and ideas.” Though manufacturing the soft drinks is the primary operation of Red Bull, there is so much more than the company does as inferred in this statement. The statement does this through:

  1. Distinguished products and services. Red bull is labelled as one of the most satisfying soft drinks across the globe. It is produced under very strict and specific conditions that make it a competitive product. Other than this, the company provides other products while maintaining top standards.
  2. Improving lives. This company is renowned for the support that it gives to a wide range of sporting activities and teams globally. By sponsoring these events, Red Bull contributes to the growth and development of societies as these sports are economically and socially beneficial.

Vision Statement

Red Bull vision statement is “to upholding Red Bull standards while maintaining the leadership position in the energy drinks category when delivering superior customer service in a highly efficient and profitable manner.” The statement has the following components:

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  1. Maintaining Red Bull Standards. To preserve its reputation, this company emphasizes on quality. It leaves nothing to chance in the protection of this brand
  2. Leadership. Red Bull leads in the soft drink manufacturing sector by displaying its undivided attention to both products and people.

Core Values

Red Bull core values include “people, ideas, and culture.”

The popularity of this company is all because of how it approaches its business. Red Bull has shown that it places people second to nothing else, and this is why it has one of the healthiest cultures. In this way, it can capitalize on ideas drawn from its experts to grow.

References

  • Cunningham, S., Cornwell, T. B., & Coote, L. V. (2009). Expressing identity and shaping image: The relationship between corporate mission and corporate sponsorship. Journal of Sport Management23(1), 65-86.
  • Ingenhoff, D., & Fuhrer, T. (2010). Positioning and differentiation by using brand personality attribute: Do mission and vision statements contribute to building a unique corporate identity? Corporate Communications: An International Journal15(1), 83-101.
  • Lee, M. Y., Fairhurst, A., & Wesley, S. (2009). Corporate social responsibility: A review of the top 100 US retailers. Corporate Reputation Review12(2), 140-158.
  • Red Bull – Home.
  • Verma, H. V. (2009). Mission statements-a study of intent and influence. Journal of Services Research9(2).
  • Williams, L. S. (2008). The mission statements. Journal of business communication45(2).
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