Please summarise the following article:

Chism, N. V. N. (1998). Developing a philosophy of teaching statement. Essays on Teaching Excellence, 9(3), 1-2.

The article discusses the importance of developing a philosophy of teaching statement. It emphasizes the benefits of reflecting on one's teaching beliefs and practices, and articulating them in a structured statement. This process can help educators clarify their goals, values, and approaches to teaching, and ultimately improve their effectiveness in the classroom.