SlideShare uma empresa Scribd logo
1 de 25
Vision is a long term view, sometimes
describing how the organization would
like the world in which it operates to be.
“description of something in the future”
A vision statement answers the question,
VISION STATEMENT
Your vision statement is your inspiration, the
framework for all your strategic planning.
Reasons for having a vision statement
o Gets team focused.
o Shows a picture of where the company is going.
o Focus, discipline, and structure within the organization.
o Ensures that team understands company direction.
o Look at vision statements of competitors in
the industry.
o Use wording that will inspire your team.
How to write a
Vision?
o State what the organization’s visions itself to
be in terms of values, employees, growth
and contributions to society
Benefits of having a vision
o Good visions are inspiring.
o Help the organization to prepare for the future.
o Clarifies the senior executives views about the companies
long term direction.
o Good vision reduces risk-taking and experimentation.
o Good vision help to motivate of employees.
o Good visions are competitive, original and unique.
A sentence describing a company's function,
markets and competitive advantages; a short
written statement of your business goals and
philosophies
In short the mission describes the product,
market and technological areas of emphasis for
the business.
A mission statement defines what an
organization is, why it exists, its reason for
being.
At a minimum, mission statement should define
who your primary customers are, identify the
products and services you produce, and
describe the geographical location in which you
operate.
How to write a Mission?
Ask "What do we do?"; "How do we do it?";
and "For whom do we do it,"
Look at competitors in the industry and use
their mission statements for research
Ask yourself what works and what does not
work. Revise your mission statement as
needed.
Get feedback from other members of the
organization once the statement is drafted.
o Feasible
o Precise
o Clear
o Motivating
o Exist
o Purpose and values of the organization
Features
Differences b/w vision and
mission
Mission Statement Vision Statement
About A Mission statement talks about
HOW you will get to where you
want to be..
A Vision statement outlines WHERE you
want to be. Communicates both the
purpose and values of your business.
Answer It answers the question, “What do
we do? What makes us
different?”
It answers the question, “Where do we
aim to be?”
Time A mission statement talks about
the present leading to its future.
A vision statement talks about your
future.
Change
Your mission statement may Vision may not change.
VISION
oPeople: Be a great place to work where people are inspired to
be the best they can be.
oProductivity: Be a highly effective, and fast-moving
organization.
oPortfolio: Bring to the world a portfolio of quality beverage
brands that anticipate and satisfy people's desires and needs.
oProfit: Maximize long-term profit.
Vision
o To refresh the world in body, mind and spirit
o To inspire moments of optimism through our
brands and our actions
o To create value and make a difference
everywhere we engage.
Mission
oCoca-Cola’s first objective is to maximize
share owner value over time.
oMaximize long-term cash flow.
oTo ensure the strongest and most efficient
production, distribution, and marketing
systems possible.
Coca-Cola’s Objectives
oDifferentiated Marketing
oConsumer connecting advertisements
oAvailability in every local market
Strategies
oCustomer satisfaction
oReasonably priced
Our mission is to be the world's premier
consumer products company focused on
convenient foods and beverages.
We seek to produce financial rewards to
our investors as we provide
opportunities for growth and
enrichment to our employees
Comparison b/w Coke vs. Pepsi
cola
35%
thumsu
p
20%
pepsi
45%
mazza
80%
slice
20%
fanta
75%
mirinda
25%
Vision and mission
Vision and mission
Vision and mission

Mais conteúdo relacionado

Mais procurados

HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
ADITYA .
 
Organizational Conflict
Organizational ConflictOrganizational Conflict
Organizational Conflict
Shagun Lidhoo
 
HRD culture & climate
HRD culture & climateHRD culture & climate
HRD culture & climate
E P John
 
Strategic Management Environmental Scanning
Strategic Management Environmental ScanningStrategic Management Environmental Scanning
Strategic Management Environmental Scanning
Yashika Parekh
 
Introduction to business policy
Introduction to business policyIntroduction to business policy
Introduction to business policy
Hanish Sharma
 

Mais procurados (20)

Environmental Threat Opportunity Profile (ETOP)
Environmental Threat Opportunity Profile (ETOP)Environmental Threat Opportunity Profile (ETOP)
Environmental Threat Opportunity Profile (ETOP)
 
Cross Cultural Business Environment
Cross Cultural Business EnvironmentCross Cultural Business Environment
Cross Cultural Business Environment
 
objectives of a firm
objectives of a firmobjectives of a firm
objectives of a firm
 
Basic Concepts Of Strategic Management
Basic Concepts Of Strategic ManagementBasic Concepts Of Strategic Management
Basic Concepts Of Strategic Management
 
Social & cultural environment ppt
Social & cultural environment pptSocial & cultural environment ppt
Social & cultural environment ppt
 
Valuation of securities
Valuation of securitiesValuation of securities
Valuation of securities
 
Pricing decisions under different market structures
Pricing decisions under different market structuresPricing decisions under different market structures
Pricing decisions under different market structures
 
HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
HUMAN RESOURCE MANAGEMENT (OBJECTIVE & FUNCTION)
 
Organizational Conflict
Organizational ConflictOrganizational Conflict
Organizational Conflict
 
HRD culture & climate
HRD culture & climateHRD culture & climate
HRD culture & climate
 
Behavioural implimentations
Behavioural implimentationsBehavioural implimentations
Behavioural implimentations
 
Work Ethos
Work EthosWork Ethos
Work Ethos
 
Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBA
Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBADeveloping a Strategic Vision, Mission,Objectives and Policies - SM - MBA
Developing a Strategic Vision, Mission,Objectives and Policies - SM - MBA
 
Ge9 final ppt
Ge9 final pptGe9 final ppt
Ge9 final ppt
 
Wage policy
Wage policyWage policy
Wage policy
 
Indian business environment
Indian business environmentIndian business environment
Indian business environment
 
Theory of firm
Theory of firmTheory of firm
Theory of firm
 
New industrial policy 1991
New industrial policy 1991New industrial policy 1991
New industrial policy 1991
 
Strategic Management Environmental Scanning
Strategic Management Environmental ScanningStrategic Management Environmental Scanning
Strategic Management Environmental Scanning
 
Introduction to business policy
Introduction to business policyIntroduction to business policy
Introduction to business policy
 

Semelhante a Vision and mission

bm_unit_1.3_organizational_objectives_ppt.pptx
bm_unit_1.3_organizational_objectives_ppt.pptxbm_unit_1.3_organizational_objectives_ppt.pptx
bm_unit_1.3_organizational_objectives_ppt.pptx
SwatiChamaria2
 
Tell me again_ difference between Vision Mission and Strategy
Tell me again_ difference between Vision Mission and StrategyTell me again_ difference between Vision Mission and Strategy
Tell me again_ difference between Vision Mission and Strategy
Andrew Scantland
 
LECT-5-VISION.pptx
LECT-5-VISION.pptxLECT-5-VISION.pptx
LECT-5-VISION.pptx
debajanipalai
 

Semelhante a Vision and mission (20)

bm_unit_1.3_organizational_objectives_ppt.pptx
bm_unit_1.3_organizational_objectives_ppt.pptxbm_unit_1.3_organizational_objectives_ppt.pptx
bm_unit_1.3_organizational_objectives_ppt.pptx
 
Vision and mision
Vision and misionVision and mision
Vision and mision
 
Tell me again_ difference between Vision Mission and Strategy
Tell me again_ difference between Vision Mission and StrategyTell me again_ difference between Vision Mission and Strategy
Tell me again_ difference between Vision Mission and Strategy
 
Strategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and missionStrategic management and leadership_unit2_ vision and mission
Strategic management and leadership_unit2_ vision and mission
 
Business Vision And Mission
Business Vision And MissionBusiness Vision And Mission
Business Vision And Mission
 
Vision and Mission Difference in Agile
Vision and Mission Difference in AgileVision and Mission Difference in Agile
Vision and Mission Difference in Agile
 
Vision, mission and values statements
Vision, mission and values statementsVision, mission and values statements
Vision, mission and values statements
 
10 steps to build the perfect business plan
10 steps to build the perfect business plan10 steps to build the perfect business plan
10 steps to build the perfect business plan
 
How to build a perfect business plan with innovatics
How to build a perfect business plan with innovaticsHow to build a perfect business plan with innovatics
How to build a perfect business plan with innovatics
 
Impacting Element for Effective Mission Statement
Impacting Element for Effective Mission StatementImpacting Element for Effective Mission Statement
Impacting Element for Effective Mission Statement
 
Strategic management individual
Strategic management individualStrategic management individual
Strategic management individual
 
Vision and Mission PPT (Roll No. 40 ) Parimal Abruk.pptx
Vision and Mission PPT (Roll No. 40 ) Parimal Abruk.pptxVision and Mission PPT (Roll No. 40 ) Parimal Abruk.pptx
Vision and Mission PPT (Roll No. 40 ) Parimal Abruk.pptx
 
Vision vs mission
Vision vs missionVision vs mission
Vision vs mission
 
Vision and mission
Vision and missionVision and mission
Vision and mission
 
2,.
2,.2,.
2,.
 
Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...Mission and Vision Statements: What They Are, Why They're Important, and How ...
Mission and Vision Statements: What They Are, Why They're Important, and How ...
 
LECT-5-VISION.pptx
LECT-5-VISION.pptxLECT-5-VISION.pptx
LECT-5-VISION.pptx
 
Mission statement vs vision statement By Aneek
Mission statement vs vision statement By AneekMission statement vs vision statement By Aneek
Mission statement vs vision statement By Aneek
 
High Performance Organization
High Performance OrganizationHigh Performance Organization
High Performance Organization
 
Sm individual
Sm individualSm individual
Sm individual
 

Último

Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
amitlee9823
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
lizamodels9
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 

Último (20)

Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 

Vision and mission

  • 1.
  • 2.
  • 3. Vision is a long term view, sometimes describing how the organization would like the world in which it operates to be. “description of something in the future”
  • 4. A vision statement answers the question, VISION STATEMENT Your vision statement is your inspiration, the framework for all your strategic planning.
  • 5. Reasons for having a vision statement o Gets team focused. o Shows a picture of where the company is going. o Focus, discipline, and structure within the organization. o Ensures that team understands company direction.
  • 6. o Look at vision statements of competitors in the industry. o Use wording that will inspire your team. How to write a Vision? o State what the organization’s visions itself to be in terms of values, employees, growth and contributions to society
  • 7. Benefits of having a vision o Good visions are inspiring. o Help the organization to prepare for the future. o Clarifies the senior executives views about the companies long term direction. o Good vision reduces risk-taking and experimentation. o Good vision help to motivate of employees. o Good visions are competitive, original and unique.
  • 8. A sentence describing a company's function, markets and competitive advantages; a short written statement of your business goals and philosophies In short the mission describes the product, market and technological areas of emphasis for the business.
  • 9. A mission statement defines what an organization is, why it exists, its reason for being. At a minimum, mission statement should define who your primary customers are, identify the products and services you produce, and describe the geographical location in which you operate.
  • 10. How to write a Mission? Ask "What do we do?"; "How do we do it?"; and "For whom do we do it," Look at competitors in the industry and use their mission statements for research Ask yourself what works and what does not work. Revise your mission statement as needed. Get feedback from other members of the organization once the statement is drafted.
  • 11. o Feasible o Precise o Clear o Motivating o Exist o Purpose and values of the organization Features
  • 12. Differences b/w vision and mission Mission Statement Vision Statement About A Mission statement talks about HOW you will get to where you want to be.. A Vision statement outlines WHERE you want to be. Communicates both the purpose and values of your business. Answer It answers the question, “What do we do? What makes us different?” It answers the question, “Where do we aim to be?” Time A mission statement talks about the present leading to its future. A vision statement talks about your future. Change Your mission statement may Vision may not change.
  • 13.
  • 14. VISION oPeople: Be a great place to work where people are inspired to be the best they can be. oProductivity: Be a highly effective, and fast-moving organization. oPortfolio: Bring to the world a portfolio of quality beverage brands that anticipate and satisfy people's desires and needs. oProfit: Maximize long-term profit. Vision
  • 15. o To refresh the world in body, mind and spirit o To inspire moments of optimism through our brands and our actions o To create value and make a difference everywhere we engage. Mission
  • 16. oCoca-Cola’s first objective is to maximize share owner value over time. oMaximize long-term cash flow. oTo ensure the strongest and most efficient production, distribution, and marketing systems possible. Coca-Cola’s Objectives
  • 17. oDifferentiated Marketing oConsumer connecting advertisements oAvailability in every local market Strategies oCustomer satisfaction oReasonably priced
  • 18. Our mission is to be the world's premier consumer products company focused on convenient foods and beverages.
  • 19. We seek to produce financial rewards to our investors as we provide opportunities for growth and enrichment to our employees
  • 20.
  • 21.
  • 22. Comparison b/w Coke vs. Pepsi cola 35% thumsu p 20% pepsi 45% mazza 80% slice 20% fanta 75% mirinda 25%