Great business leaders are often described as visionary. But what does that even mean? And how do you develop that capability?
I believe there are three forms of vision that are essential for today’s business leaders:
- Global Vision: How is the world changing and how will that impact our business?
- Industry Vision: How is our industry changing and how will that impact our business?
- Business Vision: What is the future to which we aspire for our business?
All three of these, to some extent, are in constant flux, and yet it is valuable to periodically take the time to document your current beliefs about each. In the article linked here, I examine each of these in turn. I use two real-world examples to demonstrate, one of a startup and the other of a large corporation.