Thursday, August 16, 2012

Business Leadership 2: Role of Leadership to Establish a Clear Vision

This continues our series on leaders roles and traits for owners of small-businesses

Small-business owners must fill several leadership roles. Most major leadership authors agree that establishing a clear vision for the business remains chief among the roles. Vision directs large companies to move in the same direction. In addition, vision stabilizes smaller companies. Small-business owners without vision can find their business tossing to and fro like a ship without a rudder.

Purpose of a Clear Vision

A business vision provides guidance in the midst of strategic decision making. The Women’s Business Momentum Center states “The purpose of a business vision and mission for that matter, is to

  • Guide not only YOU but also your employees, your clients, your affiliates, your partners and your tribe of raving fans
  • A great vision recruits people. 
  • It excites them about what you are doing
  • It compels them to ask ‘How can I get involved?’, ‘How can I help?’, and ‘How can I be a part of this?’”

Stephen R. Covey outlined the purpose of mission statement:

  • “It focuses on what you want to be and do.
  • It is your plan for success.
  • It reaffirms who you are, puts your goals in focus, and moves your ideas into the real world.
  • Your mission statement makes you the leader of your own life.
  • You create your own destiny and secure the future you envision.”

Peter Drucker wrote

  • "Mission and Philosophy is the key starting point in business.
  • A business is not defined by its name, statutes, or articles of incorporation.
  • It is defined by the business mission.
  • Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives."

Methods for Establishing a Clear Vision

Several authors share methods for establishing clear visions:

Saturday we continue our series by analyzing how leaders rally the staff to the vision 

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