Strategic Vision: Meaning, Examples, and Benefits

Hello Friends, Today, we are going to discuss the Meaning, examples, and benefits of Strategic Vision. Let’s start with some basics of the Strategic Vision

Introduction to Strategic vision

A Vision statement outlines what the organization wants to be, or how it wants the world in which it operates to be. It concentrates on the future. It is a source of inspiration. It provides clear decision-making criteria.

Let’s go with some popular Definitions of strategic Vision.

“Description of something (an organization, corporate culture, a business, a technology, an activity) in the future”.

Kotter

Mental perception of the kind of environment an individual, or an organization, aspires to create within a broad time horizon and the underlying conditions for the actualization of this perception.

EI Nakami
meaning of strategic vision image
Strategic Vision

A Vision Statement defines what your business will do and why it will exist tomorrow and it has defined goals to be accomplished by a set date.

A Vision Statement takes into account the current status of the organization and serves to point the direction of where the organization wishes to go.

Examples of Strategic Vision

Let’s read some most popular company visions so you will make some vision for your company.

Our vision is to be earth’s most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.

Amazon

To bring inspiration and innovation to every athlete* in the world.(*If you have a body, you are an athlete.)

Nike

To become the most successful premium manufacturer in the car industry.

BMW

Suggested: What is Strategy? Characteristics and Level of Strategy

Benefits of Strategic Vision

  • Good visions are inspiring & Exhilarating (generate excitement)
  • Good visions help in the creation of a common identity and shared sense of purpose.
  • Good visions foster risk-taking and experimentation.

Leave a Comment