A mission statement is designed to inspire and unify employees by articulating the organization's purpose, values, and overarching goals. It serves as a guiding star for the company's strategic direction and helps align the efforts of all employees towards a common objective. This inspirational nature distinguishes it from more specific and tactical documents like a product innovation charter or product strategy. References: Kotler, P.,
& Keller, K. L. (2016). Marketing Management. Pearson.