How to Write Your Vision Statement
Vision statement outlines where our
business is headed. It's about where we are going, it is future-oriented. At
the same time, it provides a guiding light for the day-to-day work of our
business.
Step 1:
What is a Vision Statement?
·
It provides
direction and inspiration for our company. It sets out our most important
goals, but doesn't include a practical plan to achieve those goals.
·
It outlines
how you help people, the value you offer to the world, and what you plan to
achieve as a business.
·
Ideally, a
vision statement should be written in ordinary, everyday language that is
meaningful to you, your customers, and your employees. Where possible, avoid
business jargon.
·
A vision
statement is:
–
Aspirational in that it's about your goals. Once you
achieve your vision, you'll need to write a new vision statement.
–
Inspirational in that it provides life and direction to
your day-to-day work (the root of the word “inspiration” relates to breathing
life into things).
–
Motivational in that it provides a reason for the work
you do.
Step 2:
Revisit Your Strategic Plan
Everything you need to write your vision
statement is in your strategic plan. If you've already started work on your
strategic plan, you can go back through what you've done. Otherwise, you'll
need to work on the following:
·
Elevator Pitch:
This
outlines what you do and how you help people. For this exercise, you may want
to expand on your elevator pitch, going into more depth.
·
Business
Values:
Your values
can form part of your business statement, especially if you're still moving
toward a place where your business reflects your values. Even if your values
don't explicitly make it into your vision statement, they should be present
below the surface, informing everything you write.
·
Business
Goals:
Goals are a
key part of your vision statement. Only include the business goals that reflect
the essence of your business. For the purpose of your vision statement, it's a
good idea to look for patterns in your goals and combine them into a single
aspiration. The down-to-earth part of how you'll achieve this big goal comes
later, in your mission statement.
·
Business
Strengths and Opportunities:
Your vision
statement can include maintaining your current strengths or taking advantage of
new opportunities.
·
Business
Story:
Your story
gives your business an identity. As with your values, your story may not be explicit
in your vision statement, but it should be present, supporting your vision
statement.
Step 3:
Make a Vision Board
·
Everything
you've collected from your strategic plan forms your vision board. This is the
mixing pot out of which you'll write your vision statement.
·
You can
expand on your vision board by writing detailed answers to the following
questions:
–
Who does
your business help?
–
What's the
purpose of your business?
–
How do you
want to make the world a better place with your business?
–
What
problems does your business solve?
–
What's your
ultimate aim for your business?
·
Additionally,
if you're a visual person, you may find it helpful to collect pictures of
successful businesses you admire that serve the world in a similar way to your
business. Images can help you discover vibe, energy, and words you might not have
thought of to include in your vision statement.
Step 4:
Distill to the Essentials
·
You've
collated a ton of information in your vision board. Work through everything
you've collected, and discard anything that's not absolutely core to your
business. You will need to be ruthless. Remember that anything you discard can
form part of your business plan.
·
After you've
finished this step, you'll have the skeleton of your vision statement.
Step 5:
Write
·
Take the
skeleton of your vision statement, and craft it into something special.
·
Use short
words and sentences to keep it engaging. In general, the shorter the better for
everything in your vision statement, including the vision statement itself.
·
Limit
yourself to concrete language. Remember the lesson from writing an elevator
pitch? If you can't put it in a wheelbarrow, it's not concrete language.
·
Focus on
what your business does for others - how you help your customers and inspire
your employees.
·
It's totally
okay to make a mess! If you come up with ten different ideas for your vision
statement, keep them. You'll need to choose one, but you don't have to do that
yourself.
Step 6:
Ask for Feedback
·
Next, take
what you've created to ask others what they think. Get feedback from your
mastermind group, your customers, your employees, and friends and family.
·
Ask everyone
to be honest, but bear in mind that anyone you ask may be positive out of
kindness. Look for genuine enthusiasm, and beware of reserved endorsements.
·
After you've
collected your feedback, choose the best vision statement. Don't freak out if
it's not perfect! You don't have to keep this forever; there's always room for
improvement in the future.
Step 7:
Continually Review
·
Your vision
statement is continually up for review. That doesn't mean you need to think
about changing it every day. But it does mean that any time you think of a way
to improve your vision statement, you can update it.
·
Your vision
statement grows with your business. If your business gets too big for your
vision statement, it's time to get a new one.