Title: Create a Vision For Your Company
1Create a Vision For Your Company
2What Is A Vision Statement ?
A vision statement is a statement, which reveals
where an organization hopes to be and what the
organization wants to achieve in a long term. A
vision statement provides all the relevant
information to the stakeholders and employees to
understand the basic purpose and objectives of
the business. A great vision is inspiring one
and it excities everyone within the orgainzation
to work together for the achievement of the
objectives. The vision of the company should not
be confused with the mission of the company. As
vision tells where we are going and mission
defines the outline of the company's purpose and
operations.
3Why Company Needs A Vision Statement ?
Without vision statement, you can not plan if you
dont know where you are going or what you want
to achieve in future. If employees and business
stake holders will not know the purpose of
purpose of business then how theyll work for the
objectives. So thats why Creating a Vision for
Your Company is required. A vision statement is
a practical guide which is used while making
plans, strategy and clarifying goals and
ojectives for the company. Without a vision, the
company will be like a ship without it's
captain. The vision statement is dynamic not
static. The vision statement should be changed,
renewed or adjusted over the time.
4Why Vision Statement Is Critical?
- Vision is crtical and here are the five reasons
why - Vision creates energy
- Vision provides purpose
- Vision fosters risk taking
- Vision promotes execlllence and creativity
- Vision enhances leadership
- Vision increases the productivity
- Vision align employees and owners
5How To Write A Vision Statement?
- In order to write a vision statement, follow the
basic steps - Set a time frame
- Compose or Write down the first draft
- Share it with top management, employees and get
feedback - Rewrite the vision statement
- Get feedback
- Share the vision statement
6How To Write A Vision Statement?
- Before writing down a vision statement, set a
time frame in which you want to achieve the
certain golas or objectives. There is no fixed
time, normally yhe vision statements are for 5 or
10 years. - Write the vision statement in maximum 35-40
words. It should not be longer than 40 words. It
should be clear, concise, realstic and meaninful.
While writing a vision statement consider
different factors too like orgainzation,
structure, type of employees etc. - After completing the first draft, share it with
the top management as well as with the employees.
Record their views on it because they will be the
one who will help to implement this vision
statement.
7How To Write A Vision Statement?
- On the basis of different suggestions from top
management and employees, write down the vision
statement again and get the feedback. - After getting feedback, daft the final version of
your vision statement and share it with your
company. - For writing a vision statement you can take the
help of top management, friends etc. Moreover you
can take the help of Business Coaching too for
the same purpose.