corporate-vision

Vocabulary Word

Definition

'Corporate-vision' is a strategic statement about a company's long-term goals. It's like a north star, guiding the direction and decision making of a company in achieving its dream future.

Examples in Different Contexts

A clear and inspiring corporate vision motivates employees by providing a sense of purpose and direction. An HR manager might state, 'Communicating our corporate vision effectively helps employees understand their role in achieving our collective goals, boosting morale and productivity.'

Practice Scenarios

Tech

Scenario:

To innovate our product, we should contemplate about the unprecedented possibilities technology can bring in.

Response:

Our corporate vision should be connected to our innovation efforts; it should guide us in shaping future technology trends.

Leadership

Scenario:

We need to instil a sense of purpose in our team. Guide them towards our long-term objectives.

Response:

By consistently communicating our corporate vision, we can motivate our team to contribute to our long-term goals.