Amex Case Study

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The best example of a mission statement will define your company and its purpose in 30 seconds or less. Great ones avoid buzz words, empty phrases, or mission statements that are so general they could apply to many different companies. It’s a challenge, but you want to capture what your company stands for in a brief and memorable way. Sometimes it helps to look at the mission statements of other companies to get a better idea of how to write your own mission statement. Gathered below are the mission statements of the world’s 25 most valuable brands in 2015. We’ve also graded each mission statement to demonstrate how effective they are.

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CASE: SI-134(A) DATE: 01/31/16 Jaclyn Foroughi, CFA, and Professor Maureen McNichols prepared this case as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 2016 by the Board of Trustees of the Leland Stanford Junior University. Publicly available cases are distributed through Harvard Business Publishing at hbsp.harvard.edu and The Case Centre at thecasecentre.org; please contact them to order copies and request permission to reproduce materials. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means –– electronic, mechanical, photocopying, recording, or otherwise –– without the permission of the Stanford Graduate School of Business. Every effort has been made to respect copyright and to contact copyright holders as appropriate. If you are a copyright holder and have concerns, please contact the Case Writing Office at [email protected] or write to Case Writing Office, Stanford Graduate School of Business, Knight Management Center, 655 Knight Way, Stanford University, Stanford, CA 94305-5015. BENEFICIAL STATE BANK (A): ORGANIZATION AND MEASUREMENT OF SOCIAL IMPACT We’re not just trying to develop a new bank model at the firm level and hope that has better and salutatory effects. We’re really trying to change the banking system for good. 1 —Kat Taylor (JD/MBA ’86), co-founder and co-CEO, Beneficial State Bank In November 2004, as presidential hopeful John Kerry conceded the presidential race to George W. Bush, husband and wife team and Democratic supporters Tom Steyer (MBA ’83) and Kat Taylor found themselves at an impasse in their political endeavors. Having served as a delegate to the Democratic National Convention and as a significant backer of Kerry, Steyer was considered a certainty for a position in Kerry’s administration. Taylor, meanwhile, had recently emerged from a 20-year career hiatus, during which she raised four children and supported her husband’s esteemed career as founder and senior managing member of Farallon Capital Management. The lost presidential bid was not only disappointing but left the couple seeking out new avenues to benefit from their time, passion, and energy. For Taylor, the idea of a beneficial bank was not new; in fact, the notion of starting a bank to help underserved communities had been suggested to her almost 20 years earlier when Taylor sought career advice from then-economic advisor to Governor Jerry Brown of California, Michael Kieschnick. At the time, the idea seemed implausible but now, with their newly unleashed resources, the idea of community banking as a leverage point in both communities and the overall financial system seemed almost compulsory. Specifically, they wanted to create a triple bottom-line 2 bank that produced social justic ...

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OCTOBER 2OO4 Public Allies Building the Infrastructure for Growth Copyright ©2005 The Bridgespan Group, Inc. Bridgespan is a registered trademark of The Bridgespan Group, Inc. All rights reserved. 2 Summary Strong support from AmeriCorps, fees from organizations who sponsor “Allies,” and clearly documented program results have propelled Public Allies’ growth. Over the years, Public Allies has worked hard to find the appropriate level of control and decentralization with its branches, and the organization recently decided to migrate all of its sites to a licensee model in which organizations or universities manage local programs, relieving some of the administrative and financial burden on local sites. Public Allies also is planning future growth with a new, lower cost model and a more targeted approach to site development. Organizational Snapshot Organization: Public Allies Year founded: 1992 Headquarters: Milwaukee, Wisconsin Mission: “Public Allies advances diverse young leaders to strengthen communities, nonprofits, and civic participation.” Program: Public Allies identifies talented young adults (known as “Allies”) ages 18 to 30 from diverse and underrepresented backgrounds and develops their leadership potential through a 10-month program of full-time, paid apprenticeships in nonprofit organizations, weekly leadership trainings, and team service projects. The organization aims to change community leadership with a new generation of young adults from diverse and underrepresented backgrounds committed to careers working for community and social change and with practices emphasizing collaboration, diversity and inclusion, identifying assets, continuous learning and integrity. Public Allies believes such leadership will unite people and groups together, create more effective and responsive organizations, engage the assets of more citizens, and ultimately build a more just and equitable society. In 2004, 203 Allies served nonprofit organizations and local communities in 11 sites. Over the 3 organization’s history, over 600 nonprofits have been served and 1,523 Allies have graduated from the program. Eighty-two percent of Ally graduates continue careers in community and public service with very high levels of civic engagement. Ninety- six percent of partner organizations report that their Ally’s impact met or exceeded their expectations and 83 percent reported that they would sustain the services expanded and enhanced by their Allies. Size: $7.3 million in revenue; 12 employees in the national headquarters, and 55 employees across the entire organization (as of 2003). Revenue growth rate: Compound annual growth rate (1999-2003): 9 percent; highest annual growth rate (1999-2003): 39 percent in 2001. Funding sources: In 2003, more than 70 percent of Public Allies’ network revenues come from an almost even split of government funding (AmeriCorps) and earned-in.

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1 3-1 Final Project Milestone One: Introduction January 19,2022 Sierra Club Sierra Club is an environmental organization that operates in all the US states, promoting the importance of preserving the environment. The environment is primarily polluted, and Sierra Club is doing all it can to bring people together to develop solutions for protecting the environment. Sierra Club has organized over four thousand rallies and events for different causes like racism, mainly focusing on environmental issues (About the Sierra Club, n.d.). Sierra Club, over recent years, they have been lobbying the government to promote environmentally friendly practices by implementing policies that promote environmental conservation (About the Sierra Club, n.d.). Sierra Club focuses on promoting environmental sustainability, solving and preventing further global warming and its effects, and using coal by large manufacturing companies. Sierra Club does not only deal with ecological protests; they organize outdoor activities like rock climbing, camping, and wilderness excursions for its members. Sierra Club’s vision states that they envision themselves being an inclusive, diverse, and knowledgeable movement that has achieved a sustainable environment making their achievement an inspiration to other communities (About the Sierra Club, n.d.). Its mission includes exploring and protecting the wild areas of the earth, promoting effective and responsible use of the environment and its resources, and educating people on protecting and restoring the natural environment (About the Sierra Club, n.d.). Disney Corporation The Walt Disney Company, popularly known as Disney corporation, is a multinational entertainment company that aims at entertaining and inspiring its viewers. Disney began as an animation production company, and with time it grew its products and services. Disney products and services include Walt Disney Pictures, responsible for several film production companies (About the Walt Disney Company, n.d.). The products and services also include the ABC broadcast network, several cable services like Disney Chanel, Live streaming services like Disney+, several theme parks in the country hotels and cruise ship lines (About the Walt Disney Company, n.d.). Disney focuses on innovation to create new and customized products for its customers due to the high competition in the film production industry and live streaming services. The vision of Disney is to be among the leading producers, entertainers, and information in the world (About the Walt Disney Company, n.d.). Disney’s mission is to entertain and inform its users through storytelling using innovation and technology, making Disney the premium entertainment company globally (About the Walt Disney Company, n.d.). Miami-Dade County Florida Miami-Dade County in southeastern Florida is the largest county in Florida State. Miami-Dade County has more than two million five hundred people makin ...

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