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What Drives General Motors Forward?
Mission and vision statements provide critical strategic direction for any corporation. For an automotive giant like General Motors, these principles are essential for navigating the industry's massive shift toward electrification and autonomy. They serve as a compass for its multi-billion dollar transformation.
These core tenets shape every decision, from product development to global market strategy. They define GM's identity for stakeholders in a highly competitive landscape, a dynamic further explored in the General Motors Porter's Five Forces Analysis.
Key Takeaways
- Guiding principles are ambitious, quantifiable, and socially relevant
- Directly tied to measurable EV production and carbon neutrality goals
- Indispensable to GM's strategic credibility and market transformation
- Key driver for capturing EV market share and achieving $90B+ revenue by 2025
- Challenges the auto sector to solve societal problems, not just build vehicles
Mission: What is General Motors Mission Statement?
General Motors' mission is 'to create a world with zero crashes, zero emissions and zero congestion.'
This triple-zero declaration is profoundly innovation and sustainability-focused. It targets global citizens, offering comprehensive solutions for fundamental societal challenges. The latest data shows a direct investment of over $35 billion through 2025 into electric and autonomous vehicle programs to realize this mission.
GM aims for a carbon-neutral future, with plans to offer 30 new global electric vehicles by 2025.
This goal is pursued through advanced driver-assistance systems and the development of autonomous vehicle technology.
The company is improving EV infrastructure, targeting 40,000 public charging points in North America.
The General Motors vision statement extends this ambition, aiming to lead the automotive industry in the transition to an all-electric future. This Growth Strategy of General Motors is evident in its commitment to launching a portfolio of EVs across different price points. This corporate philosophy directly informs GM core values and its overall brand identity.
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Vision: What is General Motors Vision Statement?
General Motors’ vision is 'a world with zero crashes, zero emissions and zero congestion.'
This ambitious vision statement seeks to eliminate the core negatives associated with automobiles, targeting a complete transformation of personal mobility. It is highly aspirational and guides the company's strategic investments in electric and autonomous vehicle technology.
Focuses on advanced safety and autonomous driving technologies like Ultra Cruise to eliminate accidents.
Drives the shift to an all-electric future, with plans to offer 30 EV models globally and sell 1 million EVs in North America by 2025.
Aims to revolutionize transportation through connectivity and self-driving technology to improve traffic flow.
The General Motors vision statement outlines a future where transportation is safe, sustainable, and seamless. This vision is central to the mission, vision & core values of General Motors and its ongoing cultural transformation, guiding massive investments like the $35 billion allocated for electric and autonomous vehicle development through 2025.
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Values: What is General Motors Core Values Statement?
General Motors core values serve as the foundational principles guiding its global operations and strategic direction. These values are integral to its corporate culture and drive its commitment to customers, innovation, and societal responsibility.
This value dictates a market-back approach to innovation, exemplified by the development of the Ultium platform to power a diverse portfolio of EVs like the Cadillac Lyriq.
Emphasizing collaboration, this is evident in strategic partnerships with LG Energy Solution and Honda for developing battery and autonomous vehicle technology.
This drives a culture of continuous improvement, with a strategic focus on achieving low-single-digit pre-tax margins on its EV portfolio by 2025.
As the bedrock of governance, this is demonstrated by transparent reporting on progress towards its 2040 carbon neutrality goal across its global operations.
These principles shape every strategic move, from electrification to governance. Discover how the Owners & Shareholders of General Motors influence this direction in our next analysis.
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How Mission & Vision Influence General Motors Business?
A company's mission and vision serve as the foundational pillars for its long-term strategic direction. For General Motors, these guiding statements directly influence massive capital investments and shape its entire product portfolio.
The GM vision statement articulates an ambitious future state focused on sustainability and safety. It aims for a world with zero crashes, zero emissions, and zero congestion.
- A world with zero crashes
- A world with zero emissions
- A world with zero congestion
GM is dedicated to earning customers for life through world-class innovation and quality.
The company values building strong, mutually beneficial relationships with all of its stakeholders.
A relentless focus on achieving excellence in everything they do is a core tenet of the GM business philosophy.
GM's General Motors mission statement and vision directly dictate its capital allocation, such as its $35 billion EV investment through 2025. This strategic focus is detailed further in our analysis of the Revenue Streams & Business Model of General Motors. Read next: Core Improvements to Company's Mission and Vision.
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What Are Mission & Vision Improvements?
General Motors' mission and vision articulate a bold 'zero crashes, zero emissions, zero congestion' ambition, yet strategic refinements could bolster its market positioning. Enhancements would better integrate customer-centricity and the software-defined future central to its Target Market of General Motors and its $171 billion 2023 revenue.
While the 'zero' framework is problem-oriented, infusing the General Motors vision statement with a direct commitment to enriching customer lives would make it more relatable and align with the company beliefs of human-centric innovation.
The GM mission statement could be modernized to encompass 'seamless connected experiences', directly acknowledging the strategic goals around software and the $20-$25 billion in annual software revenue it projects by 2030.
GM's vision for electric vehicles is clear, but the mission could more explicitly detail its corporate social responsibility, such as its aim for a fully zero-emissions light-duty vehicle portfolio by 2035.
Embedding the GM leadership principles and GM employee values more visibly into the core values would strengthen the internal culture driving its ambitious cultural transformation under Mary Barra.
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