M2A3 Paper: How Important are Vision and Mission? Instructions Your paper should be 2 to 3 pages in length (not including title and reference pages). Your paper should be double-spaced, with 1-inch margins, in-text citations and references for all sources following proper APA formatting. Use the EC Library resources to properly cite your work: APA Format Tip Sheet Citing Sources Plagiarism & Copyright Use the EC Library guide to conduct your research: Business Research Guide Compose your work using a word processor (or other software as appropriate) and save it frequently to your computer. When you’re ready to submit your work, click Browse My Computer and find your file. Once you’ve located your file, click Open and, if successful, the file name will appear under the Attached Files heading. Scroll to the bottom of the page, click Submit and you’re done. Be sure to check your work and correct any spelling or grammatical errors before you post it. Review the SBT Short Paper Rubric by clicking on the “View Rubric” button at the top of this page, or by going to the “Start Here-Course Information” section of the course to see more information on grading criteria. Background Information Creating a compelling vision and developing a strategy to achieve it is one of leadership’s primary functions. Historically, only top leaders understood the organization’s vision well enough to organize human and material resources to achieve it. Today, however, leaders at every level of the organization must understand the vision. Strategic leadership and excellence in organizational performance does not come about by accident. It is a conscious choice made by organizational leaders. Top leaders know their organization’s environment, have a five- or ten-year vision for the organization, and set believable plans to achieve their vision. However, in this complex and ever-changing world, anticipating the future can be very difficult. This complexity explains why many leaders are more comfortable focusing on clear, short-term goals than on uncertain, long term visions. Therefore, leaders must keep their focus on the long-term vision as daily tasks that meet the long-term goals of the organization. Leadership gets their marching orders from the mission statement. The mission statement sets the purpose of the company. Here is Alphabet’s mission statement: “Organize the world’s information and make it universally accessible and useful” (Google, n.d., para. 1). Alphabet’s vision statement is “to provide access to the world’s information in one click” (Thompson, 2015, para. 3). As you can see, the vision statement is a long term outlook. Alphabet’s mission and vision statements are aligned, which is important. As you imagine yourself as the leader or CEO of Alphabet, which would you want to base your quarterly or annual goals on – the mission statement, or the vision statement? References Google. (n.d.). Company – Google. Thompson, A. (2015). Google’s vision statement and mission statement. Prompt Write a 2-3 page paper examining the importance of leadership vision to the leader and to the organization. Examine the consequences of a leader without a vision and an organization without a vision. Consequences may relate to the organization internally, as well as relationships with vendors, shareholders, customers, or clients. Explain how the mission statement helps drive the vision of a company. Tasks Assess the importance of vision to the leader and to an organization. Evaluate the consequences of a leader without vision and an organization without a vision.

M2A3 Paper: How Important are Vision and Mission?

Name

Date

 

 

Abstract

Write at least 2 pages examining the importance of leadership vision to the leader and to the organization. Examine the consequences of a leader without a vision and an organization without a vision. Consequences may relate to the organization internally, as well as relationships with vendors, shareholders, customers, or clients. Explain how the mission statement helps drive the vision of a company.

 

Tasks

 

Assess the importance of vision to the leader and to an organization.

Evaluate the consequences of a leader without vision and an organization without a vision.

 

M2A3 Paper: How Important are Vision and Mission?

Introduction

The understanding and application of vision and mission are an integral entity in strategic management. Organizations and leaders’ preference on the use of the vision and mission in their functionality determines the kind of future they set course towards fulfilling. A discussion of the application of vision and a mission steer the actions and agendas of performance, in turn, accelerating growth and development (Grusenmeyer, 2001). They both are essential to giving the priority of agendas and time frame of application to eliminate redundancy and resources misappropriations. The analysis below offers a thorough scrutiny of the importance of leadership vision to a leader and an organization. Also, provides an evaluation of the consequences of a leader or organization without a vision.

Importance of Leadership Vision to the Leader

The importance of leadership vision to the leader is a significant entity that allows the leader to develop a clear future they have for their organizations in terms of development and performance. Such leaders are referred to as visionaries that steer the organizations forward with high expectancy. For example, visionary leaders in organizational over the years include Steve Jobs, Bill Gates, Henry Ford, among others (Pers & Daura, 2012). Leadership vision gives a strategic purpose to a leader aiming at inducing change. Also, leadership vision helps create a compelling image of the future that a leader sets his employees towards achieving. As well, leadership vision provides a driving force that a leader requires to keep pushing on irrespective of the challenges they encounter.

Importance of Leadership Vision to an Organization

It is critical to have a leadership vision in an organization since it manifests the strategic purpose of the organization’s functionality in the long-term. The importance of leadership vision to an organization entails the essence of short-term goals as they are all implemented in line to the realization of the vision. Leadership vision gives an organization a perpetuated corporate concept of existence (Papulova, 2014). It is a guiding strategy that allows organizations to choose their priorities and objectives right in the aim of achieving long-term growth and development. In an organization, leadership vision helps draw employees’ closer to the organization and serve with diligence through motivation and future orientation.

Consequences of a Leader without a Vision

There are adverse effects on a leader without a vision. The leaders are bound to make unprecedented choices without a practical plan for what they intend to do. This undermines their efficiency, hence pushing employees further from them (Papulova, 2014; Pers & Daura, 2012). As well, leaders without vision end-up misappropriating funds intended for certain purposes as they do not have any intent to what they can do with the available scarce funds. Also, leaders without a vision are bound to function aimlessly making them achieve intangible goals and objectives as there is no course of action, hence, results to failure.

Consequences of an Organization without a Vision

An organization without a vision is headed to shambles. There is no future or purpose for the existence of such an organization, hence, end-ups losing a sense of direction and essence of its existence. Such an organization with no strategy is bound to lose the essential employees that are critical to its future and growth. The possibility of aligning with failure are high, hence, increasing the chances of collapse and becoming extinct in the industry. Lack of vision implies that the organization is working with no long-term strategic plans, hence, undermining its short-term goals.

 

 

References

Grusenmeyer, D. (2001). Mission, Visions, Values, & Goals.

Papulova, Z. (2014). The Significance of Vision and Mission Development for Enterprises in Slovak Republic. Journal of Economics, Business and Management, 2(1), 12-16.

Pers, T., & Daura, M. (2012). Purpose, Vision and Mission-A clarification of fundamental concepts.