What is a Social Mission?
In simple terms, a social mission is a cause that benefits the society, economy, or the environment. This type of mission isn’t done for profit-making. Instead, it is considered part of a larger social responsibility that involves giving back to those in need. For instance, a loan company may create a social mission to offer free loans or specific discounts to certain groups of people, especially those with lesser resources. There are different types, styles, and forms of social missions out there depending on the involved company.
When a company has a social mission, it communicates your key values to employees, administrators, stakeholders, and investors in your company. Your customers will begin to feel like they are making a difference in the world around them. Employees will also think that their work is important and meant for the greater good. Investors will also find it easier to commit to any of the social mission goals you have outlined for yourself.
When you include a social mission into your affairs, you stand a chance of gaining any of these;