What is a vision statement? (2024)

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What is a vision statement? (1)

Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2016/02/20

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  • 39 Answers

What is a vision statement? (2)

by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

I agree with all the answers as provided above by colleagues above. I am proud to say that we are on same wave length. Wish you all the best

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What is a vision statement? (3)

by sardar mardookhy , PMP certified Project manager , MCCI

very good descriptions.

Agreed with all friends.

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What is a vision statement? (4)

by Ahmad Alhusainy , Customer Service , National Bank Of Kuwait - Nbk

A vision statement is a declaration of an company's objectives,

ideally based on economic foresight, which is intended to guide its internal decision-making of the company.

What is a vision statement? (5)

by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

It can benefit an organization as well as an individual. The benefits are: .....1) Makes it easier to define the actions and goals that will help you achieve your vision.

.....2) Acts as a yardstick against which you can measure your current reality and your progress.

.....3) Allows you to evaluate your values. If, for example, one of your values is honesty, you know if you're compromising your vision by being dishonest.

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What is a vision statement? (6)

by Sara Khan , financial and admin assistant , Ministry Of Defence

Vision statement clearly tells about what organizations want to do their objectives and goal..Thank you Sir for inviting me.

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What is a vision statement? (7)

by Asad khan , Product specialist , shaigan pharmaceutical

An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.

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What is a vision statement? (8)

by Joel Nermal , Vice President for Operations , IVQ Landholdings, Inc.

One question I am asked regularly is – what is the difference between a vision and a mission statement? Now by putting this opinion out there, many may disagree and say it’s the other way around, but this is what I believe is the difference, and what I follow when working with customers to define vision and mission statements.All you need to do is look at the words – vision and mission – to know in your heart that that this explanation makes sense right? I will let the global brand leaders speak on my behalf with the examples below, but I’m not surprised people are confused. When doing research to make sure I had the current vision and mission statements I’ve referenced, a lot of the professionals advising in this space have it the wrong way around and back to front! It’s confusing, and so I will put my stake in the ground and stand by my opinion below.VisionA vision statement is a short and inspiring phrase of what a business intends to become and achieve at some point in the future. It is something a company constantly strives towards and should always be positioned in a future focused way. It captures the essence of a company’s’ goal but does not explain how you are going to achieve those goals.The most important thing a vision statement must do is inspire and energize its employees. If it’s that good, every employee in your organisation will be guided by it and remember it. Is yours that good? Or worse, is it hidden in the back room because someone forgot to put it up?I believe that both vision and mission statements should be in every office where employees can see them and embrace the ideas. Everyone needs to “live” them and be reminded of them as the core drivers of business.

What is a vision statement? (9)

by Deleted user

Agree with above expert answer.

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What is a vision statement? (10)

by abdulrhman frikha , MEDICAL CLAIMS SPECILAIST AND PROVIDER RELATIONSHIP , GLOBEMED SAUDI

THANKS FOR INVITATION I HAVE NO IDEA ABOUT THIS SUBJECT BUT I ENJOY WITH THE COMMENTS

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What is a vision statement? (11)

by Gurjit Singh , Global Sales and Business Development Manager- Actively looking for change , Saudi Rubber Products Co.

Vision statement is brief a declaration of an organization's objectives,

A one-sentence statement describing the clear and inspirational long-term desired change resulting from organizations work

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What is a vision statement? (12)

by Ghada Eweda , Medical sales hospital representative , Pfizer pharmaceutical Plc.

A carefully craftedvisionstatement can help you communicate your company's goals to employees and management in a single sentence or a few concise paragraphs. While a well-thought-out statement may take a few days or weeks to craft, the result will be a tool that helps inspire strategic decision making and product development for your business for years to come.

Why is this important if your company is already successful? According to a recent study that appeared in theHarvard Business Review, up to percent of employees do not understand their company's strategy. Failure to understand your company's position can lead to poor decision making at all levels of an organization. For that reason, the first step toward crafting a vision statement is to take a careful look at where you are as a company, your place in the industry and your realistic goals for the intermediate and long term.

Vision statements are aspirational; they lay out the most important primary goals for a company. Unlikebusiness plans, vision statements generally don't outline a plan to achieve those goals. But by outlining the key objectives for a company, they enable the company's employees to develop business strategies to achieve the stated goals. With a single unifying vision statement, employees are all on the same page and can be more productive.

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What is a vision statement? (17)

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What is a vision statement? (2024)

FAQs

What is a vision statement example? ›

Below are a few examples of concept-based vision statements: BBC: “To be the most creative organization in the world” Disney: “To make people happy.” Google: “To provide access to the world's information in one click”

What are the three parts of a vision statement? ›

Vision statement vs.

It's comprised of three parts: what you do, how you do it, and why you do it. A vision statement outlines the company's long-term goals and aspirations for the future in terms of its long-term growth and impact on the world.

What is a vision and mission statement? ›

What are mission and vision statements? A mission statement defines the organization's business, its objectives, and how it will reach these objectives. A vision statement details where the organization aspires to go. Why does your company exist?

What are the 5 main characteristics of a vision statement? ›

Effective vision statements are characterized by conciseness, clarity, abstractness, stability, future orientation, challenge, and desirability or ability to inspire, and are associated with higher performance outcomes 5.

What is a powerful vision statement? ›

Here's the place to put it. Your vision statement should be aspirational and showcase how your business will grow in the future. Practical and achievable. While your statement should be ambitious, it shouldn't be impossible. Set a goal that is both challenging and practical.

What is a bad example of a vision statement? ›

Bad Vision Statements

There are a few ways to tell a bad Vision Statement. Bad Vision Statements are unbelievable. For example, "To sell food in a fast, friendly environment that appeals to price conscious, health-minded consumers..." was the Vision Statement for KFC in 2013.

What does a good vision look like? ›

A vision should unite the organization and provide a stable, transcendent goal. The vision should avoid using jargon and buzz words and should use understandable terminology. Writing concise sentences is another way of clarifying a vision statement. An effective vision statement sets an abstract yet challenging goal.

How to write a vision statement? ›

To write a vision statement, first, identify the actions your organization takes to achieve the goals set out in its mission statement. Think in big-picture terms, rather than literal day-to-day operations. Then, summarize these actions in a concise statement, one to three sentences long, in the active voice.

What must a vision statement be? ›

Your vision statement should be clear, concise and easy for anyone to understand. It should be one or two short sentences. This is where it can be challenging to fit in all the necessary information into one-to-two sentences.

Which comes first, vision or mission? ›

The first is a statement of vision. It provides a destination for the organization. Next is a statement of mission. This is a guiding light of how to get to the destination.

What is an example of a good vision and mission statement? ›

Mission statement: Creating products to minimize human labor, so we can focus more on living and less on working. Vision statement: To reduce the need for human labor and create a more AI-focused labor force in the next five years. Value statement: Scientific study, innovation and cost reduction.

How long should a vision statement be? ›

Vision statements are less effective when they are too short (such as a one- sentence vision statement) or too long (such as a two- or three-page vision statement). But exactly how long should it be? The average vision statement is about 35 words, or two to three sentences.

What are 3 guidelines for a vision statement? ›

Keep it simple and digestible. Avoid metrics – these don't belong in your Vision. Be specific in your wording and your make it relevant to your market. Make it inspiring and ambitious.

What is a good strategic vision? ›

A strategic vision statement supports the mission statement but is more tangible. It describes an achievable future state of an organization—exact timelines may vary, but typically range from three to 10 years. This statement should help you and your employees visualize where the organization is headed.

What are the 2 types of vision statement? ›

Types of vision statements

Vision statements can be classified as quantitative or superlative.

How do you write a short vision statement? ›

THE STEPS FOR WRITING A SHORT-TERM VISION STATEMENT
  1. Pick a date. ...
  2. Identify a couple of key goals to include in your short-term vision statement. ...
  3. Determine what you are going to give to achieve your goals. ...
  4. Write out the strategies and activities you need to do consistently in order to achieve your goals.

What is Amazon's vision statement? ›

Amazon Vision Statement

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.

What are four main components of vision? ›

Whether you're running a Fortune 500 company or a small boutique on Main Street, an effective vision must incorporate the following four elements.
  • Brevity. ...
  • Specificity. ...
  • Consistency. ...
  • Emotional connection.
Nov 25, 2008

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