A vision statement can be defined as the long term objective of an organization or a company or even a coterie. The statement speaks of about the principal aim of the concerned entity after a span of few years. In a nutshell, the vision statements are focused on the future of the respective entities. Few of the perspectives of the vision statements are discussed below -
- Vision statements as seen by the employers
The vision statements are clear statements that give the employers to design the various policies to be implemented within the framework of the management. These policies are to be implemented in gradual course of time. These statements give them the directions to think about the goals of the entities and streamline the resources for meeting the desired accomplishments.
- Vision statements as seen by the employees
They know, by reading the vision statements, the position or the status their companies want to reach. Moreover, the statements give an indication about the stability of the work in which they are involved. The employees get inspiration from the vision statements by assessing their own career growth path deduced from the long term objective of the companies.
- Vision statements as seen by the investors
It is very important for the potential investors to know about the long term objective of an organization, especially a business entity so that they are confident of putting their money on the development of the company to get the expected returns on investment. The vision statements tell them about the main focus of the company over a long period of time and accordingly investors modulate the amount of money which they put at stake.
In the conclusion, it can be said that no company or organization can begin functioning without a neatly prepared, concise vision statement that is often highlighted in their brochure advertisements of goods and/or services and on the official website.