Difference between mission and vision

	Mission Statement	Vision Statement
Function:	It lists the broad goals for which the organization is formed. Its prime function is internal, to define the key measure or measures of the organization's success and its prime audience is the leadership team and stockholders.	It lists where the organization sees itself some years from now. For employees, it gives direction abouthow they are expected to behave and inspires them to give their best. It shapes customers' understanding of why they should work with the org.
Answer:	It answers the question, “What do we do?”	It answers the question, “Why are we here?”
Employees:	It helps team to act and guides them in what they should do	It identifies why they need to workwith the organisation and their differentiator
Change::	Your mission statement may change if your company outlives the industry it started in, but it should still tie back to your core values and vision.	Your vision should remain intact, even if the market changes dramatically, because it speaks to what your company represents, not just what it does.
Time:	A mission statement talks about the Organization's present leading to its future.	A vision statement talks about the organization's future.
About:	A Mission statement talks about HOW the organization will get to where it wants to be. Defines the organization's purpose and primaryobjectives.	A Vision statement outlines where an organization wants to be. Communicates both the purpose and values of the organization