Which of the following represent the features of good strategic vision statement?1. Be forward-looking2. Be specific and precise3. Ensure that the company’s journey is feasible4. Make it long and descriptive1 and 21, 2 and 31, 2 and 42, 3 and 4
Question
Which of the following represent the features of good strategic vision statement?1. Be forward-looking2. Be specific and precise3. Ensure that the company’s journey is feasible4. Make it long and descriptive1 and 21, 2 and 31, 2 and 42, 3 and 4
Solution
The features of a good strategic vision statement include:
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Be forward-looking: A good vision statement should provide a clear picture of the future that the company aspires to create. This helps to guide the company's strategic planning and decision-making processes.
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Be specific and precise: While a vision statement should be forward-looking, it should also be specific and precise. This means that it should clearly define the company's goals and objectives, and how it plans to achieve them.
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Ensure that the company’s journey is feasible: A vision statement should be realistic and achievable. It should reflect the company's capabilities and resources, and should be aligned with the market conditions and the company's competitive environment.
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Make it long and descriptive: This is not necessarily a feature of a good strategic vision statement. In fact, a good vision statement should be concise and easy to understand. It should communicate the company's vision in a way that is compelling and inspiring, without being overly complex or confusing.
So, the correct answer is 1, 2 and 3.
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