Oracle Mission Statement | Sustainability Goals | Core Values | Strategy (2024 Analysis)

Company: Oracle
CEO: Safra Catz
Year founded: 1977
Headquarter: Austin, Texas
Number of Employees: 143,000
Type: Public
Ticker Symbol: ORCL
Market Cap (Sept 2022): $168.26 billion
Annual Revenue (FY2022): $42.44 billion
Profit | Net income (FY2022): $6.72 billion

Did you know? Oracle’s first client was the CIA (the Central Intelligence Agency). The project code name of the CIA’s project was Oracle 4. Oracle’s first commercial version was Oracle 2, which gave tech insiders an idea that the bugs or viruses were worked out of the products

Oracle is a famous global tech firm that has shown prominence through its unparalleled integrated system. Founded in 1977, the organization has demonstrated brilliant success throughout its journey. Over the years, Oracle’s remarkable performance helped it transform from a chain of trusted software development labs to a multinational corporation.

This leading computer company’s solidity indicates its commitment to providing better services. They believe in providing technological freedom via a wide range of services and products. Its mission statement and core values significantly contribute to the company’s operations.

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Oracle’s Mission Statement

“Our mission is to help people see data in new ways, discover insights, and unlock endless possibilities”.

The corporate mission statement of the leading computer company outlines its future goals. It indicates that they’re always willing to find innovative methods to unlock possibilities and help customers.

Mission Statement Analysis

Impacting Customers’ Businesses

Oracle’s mission statement specifically highlights its operations and targeted audience. It also indicates how the Company aims to facilitate a wide variety of businesses. The company’s primary objective is to offer unparalleled services and help customers see data in innovative ways so that they can encounter multiple possibilities.

To achieve this, Oracle ensures to provide customers with efficient database security and management. Its reliable services in the tech industry have made it one of the most sought-after and highly demanded firms. They know that everything in the business landscape is about data.

As data runs and operates the world, Oracle masters the art of managing and interacting with it. The mission statement reveals its goal to improve customers’ business by helping them manage and secure data and time. Oracle is a company that understands the importance of maintaining customer satisfaction and fulfilling expectations. It paves the way for a progressive future.

Inclusive Presence

The idea “unlock endless possibilities” in Oracle’s mission statement signifies the major purpose in its services and the products it designs. The renowned Company has taken many initiatives to get creative and learn new ways to handle its data. Oracle believes technology is crucial for growth in the digital and modern era as it can enhance efficiency in education, health, and other domains.

The company aims to improve customers’ lives and make them easier with its software systems. They can help customers at the business level and avoid technological obsolescence and risks in the long term. It also assures customers of the difference and impacts its data management system can have on their businesses, regardless of where they are in the world.

Oracle Mission Statement Sustainability Goals Core Values Analysis Image Credit Renato Ramos Puma — Image credit: Renato Ramos Puma

Oracle’s Corporate Responsibility and Sustainability Goals

“Steadfastly philanthropic and socially responsible.”

Oracle’s corporate responsibility and sustainability goals define its purpose to become a socially aware business. In addition to giving everyone technological freedom via its various services, the company plays a vital role in creating a progressive and environmentally friendly community that benefits everyone from employees to customers.

Here are some critical components of Oracle’s corporate responsibility goals.

Philanthropy to Improve Communities

Oracle supports many nonprofit organizations worldwide through sponsorships, cash grants, and workplace giving. Education, community, and environment are the company’s key focus.

Creating a Sustainable Environment

Oracle believes that this planet is its stakeholder and needs equal attention. It’s why Oracle continually invests in innovative initiatives that help employees run operations more sustainably. It develops services and products that add to customers’ lives without impacting the environment.

Promoting Support Culture

The company knows that the health crisis has necessitated improved collaboration and resilience. That is why its workforce remains firm in supporting communities, clients, and each other.

The company works with the Tony Blair Institute to provide African nations, including Rwanda, Ghana, and Sierra Leone, with a cloud-based, modern electronic health record system to manage large vaccination programs.

Oracle’s Core Values

Oracle’s core values make it an inclusive and successful company. Its significant values include:

Integrity

The firm’s values show its honesty when making responsible decisions. It always speaks up for what’s right.

Customer Satisfaction

Customer satisfaction is another significant value of Oracle’s culture. The company considers it a top priority. It makes efforts to understand the needs and demands of its customers.

Mutual Respect

Oracle believes in treating each other with dignity and respect. The company values the unique contributions each employee can bring.

Quality

The company considers it an essential core value and strives for excellence. It holds itself to the highest standards and makes sure to improve with each imitative.

Teamwork

Oracle encourages employees to work together and come up with the best products. The value allows employees to share ideas, collaborate, and provide constructive feedback.