A VISION WITH THE QUALITY OF WORKABILITY TRANSCENDS THE REALM OF DAYDREAMING.
An effective vision presents a picture of what the future will look like, favours the long-term interests of employees, customers, shareholders, and other stakeholders, flaunts realistic, attainable goals, provides clarity and guidance in decision making, tolerates individual initiative and alternative responses in dynamic conditions, and lends itself to easy communication and explanation within a handful of minutes.
For restructuring and other transformation programs to be effective, the vision guiding them must cater for the long-term interests of stakeholders in the enterprise or organization.
In demanding sacrifices for a better tomorrow, a good vision upholds the rightful interests of all stakeholders.
When a vision has workability, it transcends the realm of daydreaming.
If the transformation goals appear impossible, credibility will fail them, and thus they will fail to inspire people into action.
The strategy supporting a vision must take into account all the peculiarities of the organization and the industry, where it operates.
Effective vision enumerates important actions and forbidden ones. It specifically describes the desired traits of the organization, points directly to areas that need change, and states a clear target that is desirable to stakeholders.
Vision must be simple and clear enough to be expressed in a handful of minutes, in a way that will capture the interest of your audience.
A viable vision initiates strategies to force people out of their comfortable routines. The goal is often to be the best at something.
Providing better goods and services at lower costs is a typical aim that nestles at the heart of a vision. Through such an aim, the vision takes care of the long-term interests of customers and shareholders.
Transformational visions make the best of fundamental trends and technology and have a very strong moral basis abhorring exploitation.
Leadership creates a workable and desirable picture of the future and adorns it with strategies, a clear logic for its actualization. Management is responsible for creating specific steps and time schedules for implementing the strategies; it also develops financial projections and targets.
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