One good thing about the passing of time is the diminishing popularity of bad corporate ideas. Near the top of this list should be company mission statements.
Whether you call it a mission statement. Philosophy. Vision. Code of conduct. Goals. Commitment. There are a lot of names for it, but it’s almost always meaningless.
A committee-written document with little relevance. It’s not that the content – the idea – embodied in most is bad. The content, itself, is almost always good.