Why Business Vision is Important
Article by: Sara Pantaleo
Do you have a crystal clear mental image of what you want to be like in five years’ time? This vision can stop you from heading off course.
The best way to come up with your vision, I’ve found, is by creating an image in my head that depicts what success looks like at this point or somewhere down the line when these goals are accomplished! However, we need to be able to formalise and communicate our vision; this is crucial for the success of any company.
A good way to formalise it, which also helps you communicate more effectively with co-workers or clients alike, would be through writing down what this entails in terms of how best your company can achieve their goals in making an impact within said industry/field goes.
Setting a vision is the first step to creating something great. It means we are passionate and have dreams for where we want to end up! Having this larger-than mini goal clarifies everything that needs doing right now so you can get on board with achieving them all at once instead of spreading yourself thin over many different tasks/projects, which ends up giving less impressive results because there isn’t enough time spent working towards your ultimate objective.
What is the Business Vision?
It is often confused with a mission statement. The difference between a vision and a mission statement is that the former looks towards what you want to achieve in future, whereas the latter focuses on current activities. Vision provides a sense of purpose and direction for your business. “Your” vision will help you define short-term and long-term goals. It can also guide decisions that are made along the way. A company’s vision must align with its mission, strategic planning, culture, and core values. A vision statement is not necessarily set in stone; it can be returned to and changed as the business evolves over time.
How to Define Your Vision?
Now that we’ve established what a vision statement is, here are some steps to use when defining yours:
- Be specific. It needs to be detailed yet easily understood by everyone. It should clearly spell out the future direction.
- Make it challenging. Your vision statement should create excitement and inspire. You want it to be ambitious and motivating.
Why vision is crucial
A vision statement provides a focal point for goals, culture and everything else. Most importantly, a company’s clear vision can unify employees and create more profound meaning for their work. Not only does this bring people together, but it also helps them achieve success as they are all contributing towards achieving shared goals. And if tough times arise, it provides the motivation and drive to persevere through those challenges. A vision is designed to inspire and align.
We can help you articulate your business vision.