Need an analogy?
Just like the North Star always stays due north, your foundational statement should serve as the guiding light that cements and guides all outputs for your organization, whether that is marketing, sales, or otherwise.
Why does it matter?
With the guidance and internal alignment that comes with a strong foundational statement, you enable your team to clearly articulate the value you provide and how you stand apart from the competition, and communicate a consistent message to your target audience.
How does it apply?
In the digital product world, your online presence may be the only interaction you have with your customers, so you need to make sure that this presence communicates a message that is clear, repeatable, and consistent.