STRATEGIC VISION

Question 1

It is aforward looking, aspirational statement to achieve or become in the future.

Answer 1

Strategic vision

Question 2

Purpose of strategic Vision

Answer 2

1. Inspiration
2. Direction
3. Alignment
4. Differentiation

Question 3

Characteristics of an effective strategic vision?

Answer 3

1. Aspirational
2. Timeless
3. Inspirational
4. Clear and Concise
5. Customer and Value Oriented

Question 4

Benefits of a strategic vision?

Answer 4

1. Focus
2. Motivation
3. Continuity
4. Strategic alignment

Question 5

Benefits of a strategic vision?

Answer 5

1. Focus
2. Motivation
3. Continuity
4. Strategic alignment

Question 6

How do you develop a strategic vision?

Answer 6

1. Understand organizations’ core values
2. Analyze market trends
3. Engage stakeholders
4. Think long-term
5. Be ambitious, yet realistic

Question 7

It motivates employees, partners, and stakeholders by offering a clear and ambitious future outlook

Answer 7

Inspiration

Question 8

Serves as a guiding star for strategic planning and decision-making

Answer 8

Direction

Question 9

Unites all levels of the organization under a shared purpose.

Answer 9

Alignment

Question 10

It highlights the organization’s unique aspirations and distinguishes it from competitors.

Answer 10

Differentiation

Question 11

Reflects a bold and ambitious future state.

Answer 11

Aspirational

Question 12

While strategies may change, the vision remains a consistent beacon

Answer 12

Timeless

Question 13

Encourages commitment and engagement from stakeholders.

Answer 13

Inspirational

Question 14

Easy to understand and communicate.

Answer 14

Clear and concise

Question 15

Focuses on delivering long-term value to stakeholders.

Answer 15

Customer and value oriented

Question 16

Helps the organization prioritize resources and efforts toward achieving the envisioned future

Answer 16

Focus

Question 17

Inspires employees to contribute meaningfully and creatively

Answer 17

Motivation

Question 18

Provides stability and direction, even in times of change or uncertainty

Answer 18

Continuity

Question 19

Ensures that all strategic initiatives are aligned with the organization’s long-term goals

Answer 19

Strategic alignment

Question 20

Identify the principles that define the organization’s identity and purpose

Answer 20

Understand organizations core values

Question 21

Consider industry developments, technological changes, and societal shifts.

Answer 21

Analyze market trends

Question 22

Involve leadership, employees, and key stakeholders to build a shared understanding

Answer 22

Engage stakeholders

Question 23

Envision where the organization should be in 10, 20, or more years.

Answer 23

Think long-term

Question 24

The vision should challenge the organization while remaining achievable.

Answer 24

Be ambitious, yet realistic