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Importance of values in business
Importance of values in business
Values in business
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Attaining Results Requires Visionary Thinking and Planning on Multiple Levels
Leaders have a responsibility to connect elements of their vision in the context of thinking, planning and actions. Connecting vision to action and then to expected results depends upon effectively applying "visionary thinking" practices and principles. Visionary thinking then provides the means for strategic direction and specific deployment actions.
Leaders need to define the larger picture of who the organization is, which defines its being, and what it does, or its mission. This also includes identifying what values are important to the organization, where it is going or its visional direction, and why it must go in the direction its leaders determine. It takes
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"Feelings" are associated with the organizational values and values, tend to define the culture. Therefore, leaders should consider how well the organizational culture is aligned with their vision, mission and actions.
Visionary Thinking Focuses on Values
Values are what are most important in relationship to attaining leadership and organizational vision. They provide organizational as well as personal parameters and boundaries, and help to guide behavior, prioritize decisions, and justify the rationale for vision-related decisions. With organizational values as a foundation, vision is where the organization needs to go.
One of vision's main functions is to provide excitement about the mission or destination. Visional communication that is value-based explains to employees how all the various vision-related elements come together and interlink to determine actions that accomplish the desired goals, objectives and changes.
Vision and Positive Workplace
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Among these three factors, vision becomes the "magnetic field" that works to align people, efforts and resources, which tends to generate a desire to incorporate positive planning, action steps and motivation to achieve successful outcomes.
Visionary thinking focuses on the ways and means to coordinate employees and resources that will make necessary changes a reality. It considers interconnections between organizational values, vision, and mission that work to provide a new sense of direction or drive higher levels of performance. This forms the basis for determining where the organization needs to go and the changes that will help get it there. Visionary thinking helps to eliminate management processes, practices and procedures that tend to void or negate positive vision-related efforts, workforce momentum and work-related enthusiasm.
Visionary Thinking Should Not be Confused with Strategic Planning
Leadership is based on change, and change is about thinking differently and being creative. Strategic planning void of visionary thinking is nothing more than a superficial to-do list and may not detail the more in-depth pursuits needed to accomplish the real desired
Both, vision and mission statements provide purpose to organizations. Therefore, they should set the foundation for the strategic planning process. However, if and organizations strategic direction evolves, leaders should consider revising the organization’s mission and vision
As stated by Simpson (1994), the intent of a company’s vision should be to move forward and create enthusiasm amongst employees. Masco Cabinetry’s vision faltered in the early days of the recession. The vision created by its previous president was “One brand in one out of every two homes” (Employee Handbook, 2012). This vision, at the height of the recession was meant to create energy and drive, the opposite happened as many employees felt the goal was too lofty given the state of the economy. Today’s executive team is hard at ...
It states that as the job process change a team must be able to change strategy, actions and goals in accordance with it. It is necessary to be able to transcend from one stage to another in other to achieve the groups aim and objectives. (Ancona & Bresman, 2007) p119. These capabilities are central to leadership in the sense that its involves sense making, relating ,visioning and inventing. The sense making entails having knowledge of which the team and members operate. The relating aspect explains developing key relations within the organization and outside the organization. The visioning explains envisioning new ideas and finding creative ways of achieving it. The inventing explains the developing and generating ways to achieve the
Andy Stanley begins with the origin of a vision. Stanley (1999) contends, “Visions are born in the soul of a man or woman who is consumed with the tension between what is and what could be” (p. 17). According to Stanley, a vision is the ability to see what is possible in light of the present reality. A leader will not a have a vision for an organization if he is content with the status quo. Conversely, it is out of discontent that a vision is birth within a leader’s heart.
After leaders develop their visions, they must make them convincing, and persuasive or as known as a compelling vision which is known as the vision that people can see, feel, understand and embrace. Therefore the effective leaders will give a rich and colorful image of what the future will be after their visions have been
Today’s resiliency leader requires unique skill sets to be successful in any organization. Leaders who capture leading by example, vision and helping others weather the storm have taken the first step to success. Followers seek the following key concepts to validate their need for the organizational structure. Visionary leaders look at the big picture of the organization, and they pave the way of future endeavors. Another concept that is equally important to a leader’s vision is leading by example. When the leader introduces the vision into an organization, they need to lead the way by setting the example of what they vision should look like. They must hold themselves and their subordinates accountable for the stage set. Lastly
Having and transmitting a successful "shared vision" requires true "buy-in" on the part of the employees and the organization as a whole, and must foster genuine commitment and active enrollment in order to bring that organizational vision to a personal level. For shared vision to become a product of personal vision, each individual must "feel it", and be able to see how this vision can be articulated to promote the long-term interests of the company's success, and position in the larger scheme of things. This road to the end result is usually not mapped out or even guaranteed, and the creative tension this inspires, through personal commitment and dedication, is the fire it produces form it's visionary fuel.
These values transcend the original ones from other organizations and ultimately represent more than that. For example, a warrior spirit represents the area where Southwest Airlines provides the tools for employees to better serve their customers. A servant heart implies that one is encouraged to treat each other with respect by showing concern for the customer. Lastly, a fun-loving attitude suggests that employees should have fun at work. Value is a strong concept created to guide or direct individuals behavior towards a desired or favorable outcome.
As a project team leader with an ever growing and dynamic project base, which often has four or five projects running simultaneously, this project leader has recognized the need for an authentic leadership vision that inspires others within the organization and correlated project teams to share the vision. Establishing consensus and evaluating the implementation of a vision process will be addressed within this document along with a step by step vision implementation process where a positive vision is created and fostered within this project oriented organization. The vision implementation process will consist of: a) eliciting a sense of urgency for implementing the vision; b) developing an expert vision implementation project team, c) developing interaction strategies where feedback is valued from the entire team, d) navigate challenges through scenario planning sessions, e) modify project strategies so changes are accepted and implemented quickly, and f) document and record project progress, obstacles and lessons learned. In conclusion, there will be a summary of what success within an authentic leadership organizational vision entails.
One way an entrepreneur does this is through the vision he or she creates for the organization. In fact, the driving force through the early stages of the entrepreneurial venture is often the visionary leadership of the entrepreneur. The entrepreneur’s ability to articulate a coherent, inspiring, and attractive vision of the future is a key test of his or her leadership.
Before a leader can be successful and before goals can be set, a vision is needed. A vision is something you want to achieve or accomplish, something you want for the future, and it is the most important thing for a successful leader to have. Without a clear vision, leaders will have problems inspiring others, and employees will have a difficult time being motivated due to not knowing what they’re working to achieve. Clark (1997) states that “As a leader, you have to get your followers to trust you and be sold on your vision” (p. 1)...
Additionally, a leader then needs to recognize and reward success of followers attempting to carry out the vision. A final way a leader can inspire others and motivate them to pursue the vision is by demanding excellence. By setting the standards high, people will naturally try to reach them. This was one of the methods of Steve Jobs at apple and while at times was implemented in an unloving way, it was effective in pushing the company toward Steve’s vision for it.
Creating a vision, carefully crafted, can help the team know who they are and who they are not. Miranda was able to get buy-in to her vision through her reputation and strategic thinking. Creating a vision for Runway proved to be very effective for Miranda to motivate the organizational member and get them to perform well.
Whit the rise of globalization and technology companies are looking for every advantage to gain a strategic advantage. Having a vision, mission and values statement are one way companies have attained these advantages. A vision is a long term aspiration of where the company wants to go. A mission is a long term goal, which is directed toward the stakeholders, and shows what the company wants to accomplish. Values are the principals on which the company operates. Having Vision, Mission and Value statements in place not only gives employees direction but it lets everyone else know what your company is about. Leaders within organizations who have these statements need to ensure full support so the company can continue to maintain a competitive