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Vision
CREATED BY ANONYMOUS, CREATIVE COMMONS LICENSEDragon1 Definition for
Vision:
A vision is the image of the future of something that someone, like a stakeholder, has.
What is Vision meaning?
A vision is the image of the future of something that someone, like a stakeholder, has. Often, Vision is mistaken for future goals.
A vision should mention future aspects, situations, issues, and concerns on particular themes. The strategy should address the opportunities outlined in the Vision, focusing on the relevant themes.
Symbol
The symbol for Vision is an eye.
Vision on themes
Over the last ten years, a general trend has been observed regarding societal developments. This trend is that developments are progressing at an increasingly rapid pace.
Developments are driven by the rapidly changing demands of consumers and organizations on the one hand and globalization on the other.
To make it a little more concrete, we can say that it concerns 'technological developments', 'business process developments', 'chain developments', and 'digitalization'. These developments and their impact on information provision are of crucial importance.
Organizations must work transparently and meet all legal criteria and compliance. The rapid changes in consumer behavior require an organization to be able to adapt quickly. However, compliance prevents that.
A phenomenon we are already experiencing: complexity. This complexity will only increase in the coming years.
One consequence of this is that it becomes more difficult for managers of organizations to make decisions. Overseeing the consequences and impact of decisions is virtually impossible, as it endangers the continuity of companies.
A major issue for entrepreneurs is, therefore, 'How do I ensure that my company can change in a short time and remains changeable?'
To achieve this, a company will, among other things:
- Must concretize Vision into goals, strategy, and policy.
- Must be able to facilitate changes to guarantee the progress of changes.
- Being able to manage risks in change projects adequately.
- Being able to draw up impact analyses quickly to implement the decisions taken.
Companies will increasingly opt for an integrated architectural method (standardization).
Example of Vision Statements
Here you can see a visualization of the vision of the enterprise 4.0. and why vision is crucial for leadership to achieve fundamental change
On this page, you can read some examples of vision statements, for example, the vision statement of Disney: “To make people happy.”
If you have comments or remarks about this Vision definition from Dragon1 or other terms, please email specs@dragon1.com.