Building Your Company's Vision

Description
how to articulate your vision, core values, core purpose, core ideology. How to identify core purpose, discovering core ideology.

Building Your Company’s Vision

Contents
? Introduction

? Core Ideology
? ?

Core Values Core Purpose

? Envisioned Future
? ?

Vision level BHAG Vivid description

? A few key points ? Conclusion

Introduction
James C. Collins Jerry I. Porras

Vision
? Aspirational description ? Achieve or accomplish in long term future ? Serves as clear guide
? ?

Current Course of Action

Future Course of Action

Articulating a Vision

Core Ideology

? Enduring Character

? Consistent Identity

? Glue that holds an organization together

Core Values
? Essential and Enduring tenets ? Intrinsic Value

? Independent of current environment
? No Universal core values ? Need not be likable or humanistic

Identifying Core Values
? Define values truly central ? Push with relentless honesty ? Must stand the test of time ? Articulating core values ? Mars Group

Core Purpose
? Reason for being ? Reflects idealistic motivation ? Captures the soul of the organization ? Deeper reasons for an organization’s existence ? Not to be confused with goals or strategies

Identifying Core Purpose
? Five WHYs
?

Start with descriptive statement Deepen and enrich a discussion Helps frame work in meaningful way

?

?

? Random corporate serial killer ? Ask members of “Mars Group”

Discovering Core Ideology

? Do not create or set, discover core ideology ? Do not deduce looking at external environment,

understand by looking inside
? Has to be authentic, cannot fake it
? Role of core ideology to guide and inspire, not

differentiate

? Meaningful and inspirational to people of the

organization
? Core ideology and core ideology statements separate

? Core ideology not core competence

Envisioned Future

? What we aspire to become, achieve and create

? Will require significant change and progress

? Paradoxical

Vision Level BHAG
? Clear and compelling ? Unifying focal point ? Catalyst for team spirit ? BHAG engages people ? BHAG at different levels ? Vision requires special BHAG

Vivid Description
? Need of envisioned future ? Vibrant, engaging and specific description ? Essential parts of vivid description
? ?

?

Passion Emotion Conviction

A Few Key Points
? Core ideology and envisioned future are different ? Core ideology- discovery process ? Envisioned future- creative process ? Different priorities about BHAG and vivid

description
? Analysis of envisioned future

Creation of Effective Envisioned Future
? Requires a certain level of ? Unreasonable confidence and commitment ? Audacity ? Dream ? “Lets try a lot of stuff and keep what works” ? Beware of We’ve Arrived Syndrome

Conclusion
? Lets not make it a muddled stew

? Should bring life to the ? Preservation of core ? Stimulate progress
? Visionary company requires ? 1% vision ? 99% alignment



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