vision and strategic framework - strategic management - - manu melwin joy
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Manu Melwin JoyAssistant Professor
Ilahia School of Management Studies
Kerala, India.Phone – 9744551114
Mail – [email protected]
Examples of vision statement
• Hindustan Lever Ltd –
Our vision is to meet the
everyday needs of people
everywhere.
Defining Vision
“description of something in the future”
“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”
Vision
Strategic intent should lead
to an end.
That end is the vision of an
organization or an individual.
It is what the firm or a
person would ultimately like
to become.
Examples
BSNL Vision Statement
“To become the largest telecom service provider in Asia.”
Walt Disney vision Statement
“Make people happy”
Stokes Eye Clinic, Florence, South Carolina
“Our vision is to take care of your vision.”
Characteristics
1. Vision is developed through sharing across an organization
2. Methods of convincing the others about vision
3. Change agents
Benefits of having a vision
Good visions are inspiring and exhilarating.
Good vision foster long term thinking.
Good vision foster risk-taking and
experimentation.
Good vision help in the creation of a
common identity and a shared sense of
purpose.
Good visions are competitive, original and
unique.
Good visions represent integrity, they are
truly genuine and can be used for the benefit
of people.
Example vision statement
Infosys
Vision “To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people."
VISION
Our Vision is to be the world’s mobile communication leader – enriching customers’ lives, helping individuals, businesses and communities be more connected in a mobile world.