A Vision statement is the guiding star of your company strategy. It's a sentence or two that describes your overall vision for the way your business will interact with the world. It's looking to the future to describe the destination you are all on a journey towards.
Creating a Vision can be an enjoyable process and it’s worth spending some time on it, because a Vision underpins everything about your strategy.
A Vision statement is a couple of sentences that describe the future of the company or world with the company. It's a guide for your employees and customers, it provides a statement to align all activities towards.
Without a Vision statement it's impossible to form a good strategy. In addition, Vision statements have many advantages such as:
This can be confusing. Think of a Mission statement as what you do today or the HOW, and a Vision of what you will be like in the future or the WHY.
Example: Alzheimer’s Society (UK)
Vision: A world without dementia.
Mission: Our mission is to transform the landscape of dementia forever. Until the day we find a cure, we will strive to create a society where those affected by dementia are supported and accepted, able to live in their community without fear or prejudice.
Absolutely - your Vision can be refined, can alter over time, and be reviewed as much as other parts of your strategy. It's best practise to not alter the focus annually though, as you want people to believe in the Vision and go on the journey with you.
It should be short and memorable in order to engage your employees and customers. For reference, the average Vision statement is 18 words.
We'd recommend considering the following when constructing your Vision statement:
Remember to be bold - this is your Vision!
Take a look at our guide on how to create your company Vision statement! 😎
Here are ten Vision statement examples from a wide range of companies:
We seek to reflect the best of Arabian hospitality in everything that we do
A world in which all people have pathways to health and opportunity.
Dream, Achieve and Flourish
Horseendale Primary School, UK
To enrich people’s lives with programmes and services that inform, educate and entertain
To be the most competent, profitable and innovative financial organization in the world
To inspire healthier communities by connecting people to real food
To fill the earth with the light and warmth of hospitality
The enablers of global e-commerce
Lead the World in Essentials for a Better Life
We will help people live longer, healthier, happier lives
Lucidity has the largest database of company Vision statements in the world, so if you'd like more examples sign up to the strategy platform.