Values and vision as the foundations of a brand
Values and vision are at the heart of every brand. They are the foundation on which we build strategy and create a connection with the target audience. Clearly defined values and a vision enable a company to remain consistent, authentic, and true to its identity.
How to define a company’s mission and vision
A company’s mission and vision are the two core pillars that guide all of its activities and communication. The mission expresses the company’s purpose, while the vision defines the long-term goal the company aims to achieve.
Steps to define your mission and vision:
Identify the company’s core purpose:
Ask yourself: Why do we exist? What problem are we solving for our customers?
For example: Tesla’s mission is “To accelerate the world’s transition to sustainable energy.”
Define the long-term goal:
The vision should be ambitious, yet achievable.
For example: IKEA’s vision is “To create a better everyday life for the many people.”
Include key stakeholders:
Ensure that the mission and vision reflect the company’s values and resonate with your employees, customers, and partners.
Write it simply and clearly:
The mission and vision should be short, memorable, and easy to understand.
The importance of values for connecting with the target audience
A company’s values are the fundamental principles that guide its operations and decisions. They are key to building an emotional connection with customers and employees.
How values influence a brand:
Building trust:
Customers prefer companies that stand for values similar to their own (e.g., sustainability, innovation, transparency).
Creating loyalty:
Companies with clearly expressed values are more likely to build long-term relationships with customers.
Inspiring employees:
Values help employees understand and follow a shared goal.
Examples of values:
Patagonia: Sustainability and environmental responsibility.
Google: Innovation, user focus, and respect.
Examples of companies with a clear vision and values
1. Patagonia
Vision: “To be the most sustainable company in the world.”
Values: Environmental responsibility, transparency, and quality.
Why it works: Patagonia connects its values with its products (e.g., sustainable clothing) and actively contributes to environmental protection, which builds trust and loyalty.
2. Tesla
Vision: “To create a sustainable future through innovation in transport and energy.”
Values: Innovation, sustainability, and ambition.
Why it works: Tesla clearly communicates its vision through its products, which attracts environmentally conscious customers and investors.
3. LEGO
Vision: “To inspire and develop the builders of tomorrow.”
Values: Creativity, quality, and play.
Why it works: LEGO consistently expresses its values through high-quality products and programmes designed for children and adults.
A company’s mission, vision, and values are not just words on paper. They are key ingredients that shape brand identity, inspire employees, and create a strong connection with customers. Companies that clearly define and consistently live their mission and values not only improve their market position, but also create long-term value for all stakeholders.