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Discribe the three state elements of a strategi...

Discribe the three state elements of a strategic vision.

Discribe the three state elements of a strategic vision.

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Chiranjibi Chapagain Mar. 08, 2018

The Vision is a goal. It is not the same as a strategy; business strategy tells you how a company is going to achieve (or maintain) its Vision. The strategy is a plan, the tactics are how the plan will be executed and the Vision is the end-result.

The three elements of a strategic vision are:

  1. Coming up with a mission statement that defines what business the company is presently in and conveys the essence of “Who we are and where we are now?”
  2. Using the mission statement as basis for deciding on a long-term course making choices about “Where we are going?”
  3. Communicating the strategic vision in clear, exciting terms that arouse organization wide commitment.

Discribe the three state elements of a strategic vision.

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