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Comcast Mission Statement | Vision | Core Values | Strategy (2024 Analysis)

Company: Comcast
CEO: Brian L. Roberts
Year founded:
1963
Headquarter: 
Philadelphia, PA 
Employees:
189,000 
Type:
Public
Ticker Symbol: CMCSA
Market Cap (Sept 2022): $126.5 billion
Annual Revenue (2021):
$116.39 billion 
Profit | Net income (2021): 
$14.159 billion

Products & Services: Smart Home and Security ǀ Internet ǀ Phone | SD-WAN services
Competitors: Broadview Networks | DISH Network | Netflix | Broadview Networks ǀ AT&T ǀ Google

Did you know? Comcast is the largest cable TV operator in the country. The network lines reach more than 21 million houses, surpassing competitors. The country’s largest broadband service has over 5 million high-speed Internet customers.

Comcast is one of the leading Telecommunication Corporation in the USA. The company provides services in more than 40 States. Founded in 1963, Comcast has expanded into a multinational corporation from a small cable startup.

Since then, Comcast has experienced exponential growth by expanding its operations and business segments. Comcast Corporation has become a global technology and media company with its two prominent primary businesses: NBCUniversal and Comcast Cable.

Comcast Cable is high-speed Internet, video, and phone provider for residential customers. It runs the operations under the brand name XFINITY and provides automation and security services to residential customers.

NBCUniversal is the second subsidiary of Comcast and a renowned media and entertainment company. It owns a valuable portfolio of entertainment and news broadcast, brands, and cable television networks, including Telemundo, NBC, NBC News, MSNBC, CNBC, NBC Sports, USA Network, and more.

Today, Comcast ranks in the second position within the industry and globally. The leading telecommunication company is the pioneer and shows its leadership in the corporate sector.

The revenue of Comcast is $116.39 billion.

Comcast Mission Statement

“Creating incredible technology and entertainment that connects millions of people to the moments and experiences that matter most.”

Comcast‘s corporate mission statement sets its future for the leading company. The inclusive statement highlights the company’s goals to provide seamless entertainment and technology that connect people. The characteristics of Comcast‘s mission statement are as follow;

Comcast Mission Statement Analysis

  • Creating a Future-Oriented Technology

Comcast’s mission statement emphasizes creating advanced communication technology and improved customer connectivity experiences. The company aims to devise business strategies to help customers make the most of products and services at low cost.

The mission statement also indicates that the company has always been eager to contemplate significant steps to bring innovation. Comcast’s drive to evolve and change makes it stand out. In fact, the innovative technologies allow the company to deliver ground-breaking information, news, and broadcast.

  • Powering Possibilities

Comcast‘s mission statement demonstrates its understanding of the ultra-connected landscape of technology. It strives to transform technology and entertainment and become a dependable and friendly company for its customers.

Comcast leads the business technology by providing customers with the advanced networks they require to stay connected. The statement shows the company’s belief in helping people and businesses get solutions that power possibilities.

  • Connecting People

Based on the mission statement’s first component, Comcast focuses on expanding its specialized niche via innovations in the company. To achieve that, Comcast uses the latest systems for dependability. The company uses excellent tech devices to help its customers stay connected. The strategy aids in staying ahead of its rivals in the services including mobile, Internet, TV & streaming, phone, and home security.

This way, the company keeps the customers entertained and connected.

Comcast Mission Statement Vision Core Values Analysis Image Credit F Muhammad
Image credit: F. Muhammad

Comcast Sustainability Goal

“To become Carbon Neutral by 2035.”

Environment sustainability has been the priority of Comcast since the beginning. It is also evident in its broad sustainability goals. The company is committed to becoming carbon neutral by 2035 to foster a healthier, cleaner environment across its global operations.

Comcast has played a vital role in creating a livable environment for its customers and communities. The renowned company is proud of its progress in lowering 19 percent emissions in 2021.

Comcast uses a roadmap to meet the sustainability goal for a better future. It reports data using the Greenhouse Gas (GHG) Protocol with the Sustainability Accounting Standards Board (SASB).

Comcast’s sustainability goal begins with lowering its Scope 1 and 2 emissions. The company takes meaningful actions to invest in renewable energy when buying electricity for the majority of emissions. It gradually switches to wind, solar, and other cleaner electricity sources.

Comcast Core Values

Comcast establishes its Company culture on respect and integrity. The culture promotes collaboration and collaboration to drive businesses and operations to be more innovative, creative, and competitive.

Here is the core value analysis of Comcast.

  • Incorporating an Entrepreneurial Spirit

With this core value, Comcast aims to embrace creative ideas and turn them into reality quickly. The company is forward-looking for innovative ways to bring new technologies to the customers.

  • Acting with integrity

The value is ensuring everyone does what is right and treats each other the right way. It helps Comcast build a culture and work practices that support equality and inclusivity.

  • Respecting Each Other

Linked to its last value, the company is committed to creating a culture of respect, fairness, and inclusion: within its leadership and workforce, with suppliers and customers, in programming, and in the community it serves.

Comcast strives to make employees feel respected and valued for who they are and their unique contributions. Its diversity, equity, and inclusion approach focus on the five pillars: governance, supplier diversity workforce, community impact, and programming.

  • Giving back

Comcast has a long history of promoting and supporting local communities and startups through its extensive reach and business. It uses its voice, reach, and resources to create substantive and positive change in the lives of people and communities.

 References & more information

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Kevin Johnson

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