Vision & Values
 
 

Values

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There seems to be disagreement about the differences between vision, purpose, mission and values. Here is one approach:

Vision is something outside of you - it is the overview of what you see as possible or probable for others and/or yourself in life. Purpose is the "why" you are here and provides the direction. Mission is the road or path; it is what you are focused on doing, how you are going to get “there”. Values are what are most important to you about life. Only then do goals and strategy -  specific action steps and tasks to realize your vision and purpose - come into play.

Using these as signposts for success - both in personal and work life - can be extremely effective. Lots of research has now been done and there are some excellent books on the subject. But, when done badly, the results are dire.

For vision statements are "excellent" for dysfunctional management. Give them the challenge of writing a vision statement and it should keep them happily occupied for months, and out of harm's way. The end product will use up some space in the annual report, and otherwise be quite harmless.

Vision statements can be created through the original vision machine. All you need to do is put the following statements into a random number generator, and then assemble the vision statement in the order the numbers come up. Here are the statements you need:

1. We will be the best at what we do.

2. We will be the market leader in all the markets we serve.

3. People are our most important asset.

4. Our business is built on respect for the individual.

5. We aim to exceed the expectation of all the constituencies we serve: our customers, shareholders, employees and their families, government and the local community.

6. We will never compromise our ethical standards.

7. Diversity is where it's at, man.

8. We care passionately about caring passionately.

9. We care particularly passionately for the environment.

10. We seek to make above average returns for our shareholders over time.

11. We will all live happily ever after.

Note that this is a non-discriminatory vision statement. You can use it for any industry in any country, in any order. Should your dysfunctional managers produce the vision statement too fast, confuse them by asking them to produce a values statement to go alongside the vision statement. There will ten be long discussion about vision versus values and what values really are, and is it culturally biased to have the same values across the world. Don’t worry. The same statements used in the original vision machine can also be used for the value statement.

 Vision and values are not about crafting elegant statements for the annual report. They are about guiding the daily business and behavior of the business. They are about what people do, not say. It is about the walk, not the talk.

 

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