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Vision statement
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== Characteristics == A consensus does not exist on the characteristics of a "good" or "bad" vision statement. Commonly cited traits include:<ref name="Kantrabutra">{{cite journal |last1=Kantabutra |first1=Sooksan |last2=Avery |first2=Gayle |date=2010 |title=The power of vision: statements that resonate |url=http://www.collegeofmanagement.mahidol.ac.th/research/images/VisionstatementsJBS.pdf |journal=Journal of Business Strategy |volume=31 |issue=1 |pages=37β45 |doi=10.1108/02756661011012769}}</ref> * concise:{{sfn|Project Management Institute|2021|loc=Β§4.6.1 Strategy Artifacts}} able to be easily remembered and repeated * clear: defines a prime [[goal]]{{sfn|Project Management Institute|2021|loc=Glossary Β§3 Definitions}} * time horizon: defines a time horizon * future-oriented: describes where the company is going rather than the current state * stable: offers a long-term perspective and is unlikely to be impacted by market or technology changes * challenging: not something that can be easily met and discarded * abstract: general enough to encompass all of the organization's interests and strategic direction * inspiring:{{sfn|Project Management Institute|2021|loc=Β§4.6.1 Strategy Artifacts}} motivates employees and is something that employees view as desirable
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