As you embark upon your strategic planning process, your company’s vision statement is the foundation of your organization’s long-term goals and day-to-day activities. Knowing where to start when creating your vision statement can be tricky, but we’ve got you covered! We’ll cover the basics of vision statements, how they differ from mission and values statements, and how you can build your own using our vision statement template. As you work through the creation of your own vision, browse 37 of our favorite vision statement examples and learn some best practices.
Pro Tip: Without a clear vision statement, you’ll have a difficult time communicating that vision of your future to your team and to the people around you.
Your vision statement is the big, bold declaration that defines what you seek to accomplish or where you want to be in the next 5-10 years. It is foundational to your strategic plan and should not be overlooked in the planning process as a vision statement describes and crystalizes your future state.
While this is a common mistake, an organization’s vision can be confused with its mission statement and company’s core values/guiding principles.
Mission statements and vision statements work together, but they are not interchangeable. Mission and vision statements each have a clear purpose – missions express why you exist and what you do, a good vision statement paints a bold picture of your future, and company values outline how you expect your team to behave.
A company’s vision statement outlines your organization’s aspirations for the future, typically spanning multiple years. It asks (and answers) the fundamental question, “Where are we going?”
Your vision statement is your big, bold, lofty aspirations wrapped up in a clear and memorable sentence. It may feel, in some ways, a bit out of reach and overly ambitious. It’s okay; vision statements are supposed to be! The primary purpose of creating a vision statement is to provide direction and inspiration, setting a clear and ambitious target for what the organization aims to achieve.
Pro Tip: You need to create a unique vision statement! It needs to be distinct and paint a picture of the world if you reach your future goals. How will you change people’s lives? How will you change your organization? A great vision statement describes where you are going with clarity.
Unlike a vision statement, which answers the question, ‘Where are we going?’ a company mission statement focuses on it’s core purpose. A mission statement asks the question, “Why do we exist?”. Think of a mission statement like a purpose statement. It should provide the context for all the decisions made within the organization and be useful for both internal and external audiences.
It describes the organization’s current purpose and reason for its creation. Your mission is essentially your statement that defines the purpose of the work you do. It should provide the context for all the decisions made within the organization and be useful for both internal and external audiences. To better understand the impact of a mission statement, consider various mission statement examples that clearly articulate a company’s core purpose and values.
Pro Tip: A good mission statement clearly communicates your higher purpose and reason for existing. It should also guide business’s vision!
Again, this statement would ideally be clear, succinct, and memorable, as it will be something that you’d share with your customers, employees, and stakeholders.
Your guiding principles or company’s core values are the uncompromising principles or standards by which you guide your decision-making. They inform your approach to growth and impact. These can also serve as the clear guardrails and principles that keep your organization growing with quality and integrity.
They define the clear behaviors you expect of your organization and your team as you pursue your big, bold vision.
These elements make up essential aspects of your strategic plan and are not interchangeable. Each element is foundational and has a clear purpose. Missions are what you do conversationally, visions paint a bold picture of your future, and values outline how you expect your team to behave.
In summary, you need a vision and mission statement to articulate where you are going and why you exist. Core values help define your company culture and how you expect your team to behave. All three of these are necessary to create your company’s future.
There are several benefits to incorporating your vision statement into your strategic plan. Some key benefits that a well-defined business vision statement provides are:
A vision statement is not just a declaration of long term future intentions that is only shared during yearly board meetings or during fund-raising events; an inspiring vision statement is a strategic tool that benefits an organization by providing direction, inspiring stakeholders, fostering unity, guiding decision-making, and differentiating the organization from its competitors.
Coming up with a big, bold vision that encompasses your goals for the next 5 to 10 years may seem like a daunting task. Prior to drafting your vision statement, you need to go through a few ‘visioning’ exercises to determine what your vision for your organization actually is. To help you build a vision statement that matters, we’ve created a visioning guide and attached an easy-to-follow visioning template. Click here to download!
The first step to narrowing down your vision for your organization is to ask yourself and your team these two questions:
When thinking of your ideal future state, consider how your vision can impact a global workforce, connecting professionals and enhancing productivity on a worldwide scale.
These questions are a good way to put your team in the mindset of thinking about where you are today versus where you want to be tomorrow.
When thinking of your ideal future state, it may help to think about your team’s common goals in relation to four specific areas: people and organizational suitability, operational excellence and innovation, customer growth and retention, and financial results and impact.
Pro Tip:You may recognize these four areas in a balanced scorecard, which is exactly what it is. When you outline what the future would look like in these four areas, it will paint a clear and well-balanced picture of your overall vision for your organization and provides some guidance of where you want to focus your development efforts.
The best way to do this exercise is to follow this canvas to guide your exercise and with each matrix, ask yourself two questions; “What does success look like (in this area)” and “How is it different from today?” For each perspective you explore, write supporting vision descriptors, aka “min-visions,” that will ultimately support your larger vision of success.
These help your organization clearly understand your ideal future in all areas of your organization. Use the template provided in the canvas above to complete the following vision descriptors to include in your business plan and strategic plan.
The first perspective is internally focused based on our equity in our people and organizational stability. This includes areas such as organization structure, size, and capabilities, as well as overall company culture and skills.
What does success look like for your people? Think about your organization’s structure, size, capabilities, and culture.
Mini Vision Statement: Have a growing team of 200 people who are passionate about changing our industry.
The second area focuses on operational excellence, and innovation. This includes such concerns like facilities, processes, technology, innovation and environmental impact.
What facilities, technology, innovations, or environmental impact are needed to achieve that vision? How will it help you get there?
Mini Vision Statement: Scale our infrastructure to increase output by 50%.
This area focuses on the market/customer-facing perspective of growth and impact. Areas of concern could include the services, customer service, products, benefits, and value proposition that your organization brings to the market.
What does the volume, number of customers, geographies, or products/services look like once you reach your destination?
Mini Vision Statement: Become a top player in our market, positioned as ‘innovators’ in the minds of our customers.
Finally, this perspective focuses on a financial perspective, and includes concerns such as social impact, sustainability, profitability, and revenue growth.
What is the revenue growth, profitability, or social and community impact achieving this vision will help achieve?
Mini Vision Statement: Achieve sustainable, profitable growth by increasing profits by 10% year over year over the next 5 years.
Now that you have the four areas filled out, , you can use the vision statement template we’ve created as a guide to write your own. Begin by setting a target date or year to accomplish, followed by the phrase ‘we envision’ paired with your organization’s desired future state. Finally, end your statement with a ‘why’ to give your team vision a reason and purpose. Fill in the blanks to help write your own vision statement:
This doesn’t have to be explicitly stated in your vision statement, but you should have a timeline in mind as you draft it.
Again, you don’t have to explicitly keep this phrase in your vision statement once you’ve drafted it. But starting your vision statement drafting process with this phrase can help put you in the right frame of mind.
We envision being the #1 choice for premier organic, sustainable foods by changing the way produce is grown and sold in North America.
Now that you have a template to help create your vision statement, we’ve put together a list of 37 of our favorite vision statement from organizations around the globe. First, we will jump into some of our favorite vision statement’s from OnStrategy client’s:
To be the recognized leader in destination marketing by promoting Kissimmee and Central Florida’s tourism experiences to the world.
Bright Path Labs’ vision is to bring our advanced manufacturing technologies to the entire pharmaceutical industry where our cutting edge and proprietary chemical production techniques can significantly contribute to solving some of today’s biggest healthcare challenges, including:
To become the preferred provider of Emergency Medicine and Hospital Medicine services by embracing dynamic healthcare challenges and focusing on controlled growth in select markets.
Making the best product matters for saving the home planet.
CMSD is the number one choice in Cleveland; families enroll and remain with the District because they feel welcomed, valued, supported, and meaningfully engaged as partners in students’ success.
We are a thriving urban center known for our world-class colleges, vibrant culture, diverse outdoor activities, and innovative industries.
We envision being a trusted leader and global example in providing innovative technology services and solutions to all CCSF agencies, the people of San Francisco and worldwide.
We envision becoming the trusted, respected, and sought-after community partner by serving our citizens and taking care of our employees.
Serve people worldwide with the joy of expanding their life’s potential by leading the advancement of mobility and enable people everywhere in the world to improve their daily lives.
Progress for humanity. We’re here do the right thing for humanity.
The brand for those who follow their dreams.
Providing a new space that makes life more convenient and enjoyable by realizing superlative mobility based on innovative people-oriented, eco-friendly technologies and comprehensive services.
Microsoft’s vision statement is to help people and businesses throughout the world realize their full potential.
Lead the future of Streaming TV by creating new and familiar experiences for our viewers, amplifying bold voices, and challenging our diverse builders and creators to push the boundaries of storytelling and technology.
Becoming the best global entertainment distribution service.
We create the connections that shape the future. Verizon is transforming how people, businesses and technologies interact, setting the stage for the next Industrial Revolution.
…To create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.
Google’s vision is to provide access to the world’s information in one click.
To create a better everyday life for the many people.
This vision goes beyond home furnishing. We want to have a positive impact on the world– from the communities where we source our raw materials to the way our products help our customers live a more sustainable life at home.
LinkedIn’s vision is to create economic opportunity for every member of the global workforce. Our Economic Graph insights help us achieve this vision.
Renown Health, with our partners, will inspire better health in our communities.
Be the customer’s first choice by reinventing ourselves and the system.
We aspire to be the premier research-intensive biopharmaceutical company in the world.
To help people see better, connect better, live better.
Our aim is to be a world-leading medical equipment supplier committed to meeting and exceeding the expectations of our clients.
Guided by our purpose, CVS Health® is building an entire world of health care around each and every person we serve, no matter where they are on their journey.
Driven by innovative science and our entrepreneurial culture, we are focused on the delivery of life-changing medicines that are fueling growth and contributing value to patients and society.
Harvard College sets the standard for residential liberal arts and sciences education. We have committed to creating and sustaining the conditions that enable all Harvard College students to experience an unparalleled educational journey that is intellectually, socially, and personally transformative.
We will be an innovative and adaptable community of educators that creates a seamless and transformative experience for all Brown students by equipping them to succeed academically, empowering them to be in community together as their authentic selves, and supporting them in developing skills for life after Brown.
We are expanding avenues of discovery across all fields while creating new pathways for applying knowledge where it is needed in the world.
We are a diverse intellectual community, working together to reimagine the world and create positive, purposeful change.
The University of Nevada, Reno‘s vision is to educate and graduate the best-prepared, confident leaders for the state, national, and global community; to be a nexus for research and creativity that focuses on vital issues of our time; and to serve as a catalyst for the betterment of our society.
L.A. Unified will be a progressive global leader in education, providing a dynamic and inspiring learning experience where all students graduate ready for success.
Our vision is for all students to graduate from high school having the knowledge, skills, attitudes, and values necessary to achieve academically, prosper economically, and contribute in a global society.
The Global Fund for Children, envision a world where all children have the opportunity to learn, grow and thrive. This vision can be turned into reality with the help of grassroots organizations.
To accelerate progress against catastrophic disease at a global level.
All youth achieve their full potential.
Our vision is that all pets have a healthy, happy life.
Provide a world-class Club Experience that assures success is within reach of every young person who enters our doors, with all members on track to graduate from high school with a plan for the future, demonstrating good character and citizenship, and living a healthy lifestyle.
A world where everyone has a decent place to live.
The American Red Cross, through its strong network of volunteers, donors and partners, is always there in times of need. We aspire to turn compassion into action so that…
We envision the Beloved Community where injustice ceases and love prevails.
St. Jude has the obligation and the ability to help children around the world. Because of St. Jude’s success, we have the opportunity and the responsibility to establish an agenda that is aimed toward achieving the mission of St. Jude Children’s Research Hospital.
We want to make it simple for anyone to help the environment by planting trees. Together we can restore forests, create habitat for biodiversity, and make a positive social impact around the world.
Every person has the opportunity to achieve his/her fullest potential and participate in and contribute to all aspects of life.
To transform communities by inspiring people throughout the world to open their minds, accept and include people with intellectual disabilities and thereby anyone who is perceived as different.
We seek to save a planet, a world of life.
For a deep dive on Vision Statements, check out our Vision Statements post.
