A vision statement is the heart of every successful business. Big company, small business, organizational institution, and government agencies, all of which incorporates vision statements. It is a statement that guides them, communicates their overall goals, and it serves as a tool for a better decision-making and effective strategic plan for the future hopes of their business.
Establishing a vision statement can improve the company’s quality of work, improve the productivity of the employee, and set priorities and directions for the purpose of company’s growth. However, a vision statement is also essential to one’s personal life. It is what they called a personal vision statement that provides guidance and directions in a person’s life.
A vision statement is an aspirational declaration of the company’s goals, objectives, value statement, and what would they like to accomplish in the mid-term and long-term future. A vision statement also serves as a guide to the company’s decision-making, especially in economic foresight.
This statement can be a single sentence or a short paragraph as long as it indicates the company’s overall initiatives that direct to its growth.
Some company often confused vision statement to mission statement. These two are completely not the same. However, some companies provide one or the other, and some provide a combination of both.
It doesn’t matter how lengthy your vision statement is, as long as it serves as a description of your business’s future action plan and overarching goal. Writing a vision statement should be filled with creativity and fun, but writing a vision statement should also be taken seriously.
Here’s how to write a vision statement for your business.
A vision statement is not only important in a company or business entities. This is also important in your personal life. A personal vision statement can guide you through the course of your life and gives you direction necessary to guide your decision, choices, and personal statements.
Follow these steps in writing your personal vision statement.
As stated above, Many companies confuse vision statement to mission statement. Some provide both, some only have one or the other, and some combines both vision and mission statement. But these two statements are completely different from one another.
A mission statement focus on the purpose of the company or business. It defines the aims, goals, and the core value of an entity. While vision statements are future-based and are meant to guide and inspire the company or business as well as its employees. It focuses on the goals, objectives, and the need statement or the needs analysis of the company.