Our Recommendations

  • Best Small Business Loans for 2024
  • Businessloans.com Review
  • Biz2Credit Review
  • SBG Funding Review
  • Rapid Finance Review
  • 26 Great Business Ideas for Entrepreneurs
  • Startup Costs: How Much Cash Will You Need?
  • How to Get a Bank Loan for Your Small Business
  • Articles of Incorporation: What New Business Owners Should Know
  • How to Choose the Best Legal Structure for Your Business

Small Business Resources

  • Business Ideas
  • Business Plans
  • Startup Basics
  • Startup Funding
  • Franchising
  • Success Stories
  • Entrepreneurs
  • The Best Credit Card Processors of 2024
  • Clover Credit Card Processing Review
  • Merchant One Review
  • Stax Review
  • How to Conduct a Market Analysis for Your Business
  • Local Marketing Strategies for Success
  • Tips for Hiring a Marketing Company
  • Benefits of CRM Systems
  • 10 Employee Recruitment Strategies for Success
  • Sales & Marketing
  • Social Media
  • Best Business Phone Systems of 2024
  • The Best PEOs of 2024
  • RingCentral Review
  • Nextiva Review
  • Ooma Review
  • Guide to Developing a Training Program for New Employees
  • How Does 401(k) Matching Work for Employers?
  • Why You Need to Create a Fantastic Workplace Culture
  • 16 Cool Job Perks That Keep Employees Happy
  • 7 Project Management Styles
  • Women in Business
  • Personal Growth
  • Best Accounting Software and Invoice Generators of 2024
  • Best Payroll Services for 2024
  • Best POS Systems for 2024
  • Best CRM Software of 2024
  • Best Call Centers and Answering Services for Busineses for 2024
  • Salesforce vs. HubSpot: Which CRM Is Right for Your Business?
  • Rippling vs Gusto: An In-Depth Comparison
  • RingCentral vs. Ooma Comparison
  • Choosing a Business Phone System: A Buyer’s Guide
  • Equipment Leasing: A Guide for Business Owners
  • HR Solutions
  • Financial Solutions
  • Marketing Solutions
  • Security Solutions
  • Retail Solutions
  • SMB Solutions

Business News Daily provides resources, advice and product reviews to drive business growth. Our mission is to equip business owners with the knowledge and confidence to make informed decisions. As part of that, we recommend products and services for their success.

We collaborate with business-to-business vendors, connecting them with potential buyers. In some cases, we earn commissions when sales are made through our referrals. These financial relationships support our content but do not dictate our recommendations. Our editorial team independently evaluates products based on thousands of hours of research. We are committed to providing trustworthy advice for businesses. Learn more about our full process and see who our partners are here .

What Is a Vision Statement?

Follow these tips, steps and examples to construct a meaningful vision statement.

author image

Table of Contents

Writing a vision statement for your business can be challenging because it must define your company, values and future goals. While many established companies focus on their mission statement , a vision statement is a valuable tool for inspiring your team and forging a corporate identity. 

We’ll explore vision statements and their importance, as well as offer tools and best practices for crafting an inspiring vision statement that powers your growth strategy. 

What is a vision statement?

A vision statement is a written declaration clarifying your business’s meaning and purpose for stakeholders, especially employees. It describes the desired long-term results of your company’s efforts. For example, an early Microsoft vision statement was “a computer on every desk and in every home.” 

“A company vision statement reveals, at the highest levels, what an organization most hopes to be and achieve in the long term,” said Katie Trauth Taylor, owner and CEO of Untold Content, a writing consultancy. “It serves a somewhat lofty purpose – to harness all the company’s foresight into one impactful statement.” 

A vision statement matters because it outlines the common goal of everyone in the company. Businesses that are working toward a higher aspiration are more appealing to current and future employees. 

A vision statement can affect a company’s long-term success, so take the time to craft one that synthesizes your ambition and mobilizes your staff.

What’s the difference between a vision statement and a mission statement?

Mission statements are based in the present and convey to stakeholders and community members why a business exists and where it currently stands. Vision statements are future-based, and they are meant to inspire and give direction to employees. 

“The vision is about your goals for the future and how you will get there, whereas the mission is about where you are now and why you exist,” said Paige Arnof-Fenn, founder and CEO of Mavens & Moguls, a global strategic marketing consulting firm. “The vision should motivate the team to make a difference and be part of something bigger than themselves.” 

Mission statements and vision statements are both crucial for building a brand . “While a mission statement focuses on the purpose of the brand, the vision statement looks to the fulfillment of that purpose,” said Jessica Honard, co-CEO of North Star Messaging + Strategy, a copywriting and messaging firm that serves entrepreneurs. 

Although mission and vision statements should be core elements of your organization, a vision statement should serve as your company’s guiding light. 

“A vision is aspiration; a mission is actionable,” said Jamie Falkowski, chief creative officer at marketing and communications company Day One Agency.

Creating the perfect vision statement may seem overwhelming, but it doesn’t have to be. Follow these suggestions and best practices when crafting your vision statement. 

Determine who will shape your vision. 

The first step in writing a vision statement is determining who will craft it. In a small business, you may be able to ask everyone for their insight. In a larger operation, you may need to be more selective while still capturing a range of employee voices.

Evaluate your company’s published materials. 

Your company likely already has published goals and established values in its employee handbook , marketing materials and other publications. Use this information to guide your work, suggested Alison Brehme, an author and content, marketing and media strategist.

“A company’s mission, purpose, goals and values are all involved in the creation of a company vision,” Brehme said. “Weave these concepts and beliefs into your vision statement.”

Hold workshops to brainstorm your vision. 

Brandon Shockley, former vice president of market research at branding and marketing firm 160over90 and now head of investor research and insights at Vanguard, recommended hosting workshops with key stakeholders representing a cross-section of your organization. Then, he said, assemble teams and use collaboration tools to create alternate versions of the statement, and gather employee feedback about how each version resonates. 

Get individual input. 

Falkowski also suggested conducting interviews with individual stakeholders to encourage honest feedback. Employees can identify common themes, describe the organization’s future in words or use visual branding tools as a basis for the vision statement. 

Check out competitors’ vision statements. 

Look at your competitors’ vision statements to determine how you can differentiate your business from theirs. [Related article: How to Do a Competitive Analysis ]

Keep it short but meaningful. 

A vision statement should be concise – no longer than a sentence or two. You want your entire organization to be able to repeat it quickly and, more importantly, understand it. However, a vision statement must be more than a catchy tagline.

“[It] can be smart and memorable, but this is for your team and culture, not for selling a specific product,” Falkowski said. 

Create a longer version for leadership’s eyes only. 

Don’t fret if you feel that a short vision statement doesn’t fully express the intricacies of your vision. You can create a longer version, but it should not be the one you broadcast to the world.

“Let’s be honest – most business leaders, not to mention boards of directors, won’t be able to sum up their vision in a pithy sentence or two. That’s OK,” said Shannon DeJong, owner of brand agency House of Who. “Have a full-length version of your vision for the leadership’s eyes only. Think of the long version as your reference guide to why you’re in business in the first place.” 

Map out your business’s biggest goals. 

When you’re crafting your vision statement, start by mapping out your business’s most audacious goals, Taylor suggested. “Reviewing your long-term goals in a collaborative setting will help you then zoom out on what your organization and the world will look like if you achieve them. That zoomed-out view of your success is really the heart of your vision statement.”

Consider your company’s potential global impact. 

Ask questions that reflect your business’s eventual scale and impact, Honard advised. “Once you’ve answered these questions, you’ve created a roadmap between your present and your future.”

These are a few of the questions Honard uses in guiding clients to identify their vision statement:

  • What ultimate impact do I want my brand to have on my community, my industry or the world?
  • In what way will my brand ultimately interact with customers and clients?
  • What will the culture of my business look like, and how will that play out in employees’ lives? 

Dream big. 

Don’t be afraid to dream big once you gather all the information and get down to writing. Don’t worry about practicality for now; what initially looks impossible may be achieved down the road with the right team and technologies. Work on shaping a vision statement that reflects the specific nature of your business and its aspirations. 

Be daring, not generic. 

Shockley said there’s nothing wrong with a vision statement that is daring, distinct or even disagreeable. “If a vision statement sets out a generic goal that anyone can agree with, it is likely to produce mediocre results. A goal like ‘delivering an exceptional experience’ applies equally to a hospital, bank or fitness club.” 

Consider creating a brand vision board. 

If you’re interested in taking your vision one step further, create a brand vision board, Taylor suggested. A vision board includes your company’s tagline, a “who we are” statement, a “what we do” section, a business vision statement, an overview of your ideal clients, client pain points, your content mission statement, advertising, products and SEO keywords.

“A vision board serves as a one-page business plan that anyone in a company can reference quickly to remember the key concepts that drive the work,” Taylor said.

Quick tips for your vision statement

Here’s a quick breakdown of what to do when formalizing your vision statement:

  • Project five to 10 years into the future.
  • Dream big, and focus on success.
  • Use the present tense.
  • Use clear, concise, jargon-free language.
  • Infuse it with passion, and make it inspiring.
  • Align it with your business values and goals.
  • Create a plan to communicate your vision statement to your employees.
  • Prepare to commit time and resources to the vision you establish. 

Your completed vision statement should offer a clear idea of your company’s path forward. Honard said many of her clients have used their vision statements to direct their overall plans for the future. For example, they’ve adopted new marketing initiatives to move them closer to their vision, pivoted their focus to clearly reflect their desired outcome, or doubled down on one particular aspect of their brand that is working to serve their vision.

What to avoid when writing a vision statement

  • Don’t mix up your mission statement and vision statement. Mission statements are generally easier to write because they reflect what you’re doing now. Remember, a mission statement is what you are working to accomplish today, while a vision statement is what you want to accomplish in the future.
  • Don’t overthink your wording. One of the hardest parts of creating a vision statement is coming up with the right wording. You may find yourself endlessly rewriting and fretting about getting it right. Does this sentence or two define your values and shine a light on your corporate identity without sounding too vague? Don’t get lost in the pressure of perfect wording; a specific and unique vision statement is a good place to begin distinguishing your business from the rest of the industry. 

How to use your vision statement

Determine where your vision statement will appear and what role it will serve in your organization. This will make the process more than an intellectual exercise, Shockley said. It’s pointless to hang a vision statement in the lobby or promote it via your business’s social media channels if you never genuinely integrate it into your company culture . 

“The vision business statement should be thought of as part of your strategic plan,” Shockley said. “It is an internal communications tool that helps align and inspire your team to reach the company’s goals.” 

As such, you should view a vision statement as a living document that will be revisited and revised. Most importantly, it must speak directly to your employees. 

“If your employees don’t buy into the vision, you’ll never be able to carry it out,” said Keri Lindenmuth, director of marketing with the Kyle David Group, a web and tech solutions provider. “The vision statement should be something your employees believe in. Only then will they make decisions and take actions that reflect your business’s vision.”

20 examples of inspiring vision statements

Some memorable and distinct vision statements may be all the inspiration you need to write your own. Here are some of the best examples of inspiring vision statements: 

  • Amazon: “Our vision is to be earth’s most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.”
  • Ben & Jerry’s: “Making the best ice cream in the nicest possible way.”
  • Caterpillar: “Our vision is a world in which all people’s basic needs – such as shelter, clean water, sanitation, food, and reliable power – are fulfilled in an environmentally sustainable way, and a company that improves the quality of the environment and the communities where we live and work.”
  • Cradles to Crayons: “Provides children from birth through age 12, living in homeless or low-income situations, with the essential items they need to thrive – at home, at school, and at play.”
  • Google: “To provide access to the world’s information in one click.”
  • Habitat for Humanity: “A world where everyone has a decent place to live.”
  • Hilton Hotels & Resorts: “To fill the earth with the light and warmth of hospitality by delivering exceptional experiences – every hotel, every guest, every time.”
  • IKEA: “To create a better everyday life for the many people.”
  • Intel: “If it’s smart and connected, it’s best with Intel.”
  • LinkedIn: “Create economic opportunity for every member of the global workforce.”
  • Oxfam: “To be a self-organized people actively creating a just democratic and sustainable world where power and resources are shared, everyone lives in dignity, and poverty and inequality are no more.”
  • Patagonia: “Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.”
  • Prezi: “To reinvent how people share knowledge, tell stories, and inspire their audiences to act.”
  • Samsung: “Shape the future with innovation and intelligence.”
  • Southwest Airlines: “To become the world’s most loved, most flown and most profitable airline.”
  • Sweetgreen: “To inspire healthier communities by connecting people to real food.”
  • TED: “We believe passionately in the power of ideas to change attitudes, lives, and, ultimately, the world.”
  • Walgreens: “To be America’s most-loved pharmacy-led health, well-being and beauty company.”
  • Warby Parker: “We believe that buying glasses should be easy and fun.”
  • Wyeth: “Our vision is to lead the way to a healthier world.”

Can vision statements change?

Many companies benefit from having a vision statement from their inception, but it’s perfectly acceptable not to commit to one specific vision immediately. 

“Getting too tied into one master statement can really mess with the learning and creation process in the early stages,” said Sonia Elyss, president of marketing and communications collective Round Twelve. She encourages her clients to write a vision statement monthly, save the previous drafts, and see what sticks and what doesn’t over time. 

“After the first year, you can look back and see how much you have evolved,” Elyss said. “What parts or words within the statement stuck around, and what was dropped? Those key words tend to end up being major brand pillars you can always come back to and eventually become part of the brand ethos.” 

Tying yourself to a particular vision statement in the early days of your business may limit your opportunities for growth or blind you to the need for change. 

“At the end of the day, trust your gut; test and check; look at the analytics; invest in the feedback your customer is giving you,” Elyss said. “If you aren’t willing to step outside of your initial vision for your business, you might miss a huge opportunity!” 

Regardless of how many years you have been in business or how long you have had your vision statement, you’re not stuck with it. Don’t be afraid to change it – even if you spent time and money developing it – if it stops feeling right. 

The vision for your vision statement

A vision statement is a tool that can help your business grow and achieve brand success. Along the journey of growing your business, you’ll face good months, rough months, and every detour and roadblock imaginable. 

Above all, your vision statement should constantly remind you and your team of the end goal. This message is important to hold on to, especially on the most challenging days. 

Bassam Kaado and Paula Fernandes contributed to the writing and reporting in this article. Source interviews were conducted for a previous version of this article.

thumbnail

Building Better Businesses

Insights on business strategy and culture, right to your inbox. Part of the business.com network.

  • Business Planning

How to Write a Vision Statement

how to write a vision statement

Written by Vinay Kevadiya

Published Sep. 20 2024 · 11 Min Read

There’s no starting a business without a vision statement.

It’s like a vision board but for your business, minus the magazine clippings of your favorite beach destination. Instead, you’re crafting a sentence or two, to show the world where you’re headed and how epic your journey is going to be.

But do you need one? And how do you even create it?

Don’t fret.

This article will explain what a vision statement for a business plan is, why you need one, and how to write a vision statement. We’ll also share some common mistakes to avoid while creating a vision statement and examples of real statements for inspiration.

What is a vision statement?

A vision statement outlines the long-term objectives of a company. It gives an overall idea about what your company would like to achieve in the long run and what impact it would create.

When writing your company vision statement, ask yourself—where do you see your company in the next 5 to 10 years? What are some milestones you want to achieve in these future years? Answering these questions will help you find the desired vision that will serve as a guiding framework for your entire organization.

A vision statement is part of a living document, your business plan . Hence it needs updating as and when changes in the company culture or industry happen.

Vision vs. mission statements

Business owners often confuse a vision statement with a mission statement. While both these statements are crucial for any business, each serves its own purpose. The major difference between a mission and a vision statement is that they indicate different periods.

A mission statement focuses on the present. It answers questions like What you do, why you do it, and how you do it. Vision statement, on the other hand, is future-oriented. It reflects your future goals and where you see your company in the long run.

Why is a vision statement crucial for your business?

Despite its importance, many companies choose to function without creating a unique vision statement. Sometimes, they combine the mission and vision statements into one—not realizing there’s a substantial difference between the two  (more on that later).

For now, let's understand why your own vision statement is crucial for a business.

what is the vision of a business plan

1. Aligns team

A vision statement aligns team members by providing a shared purpose and direction. It ensures everyone works towards the same goal, encouraging collaboration and boosting team spirit.

Example: Amazon's vision statement , "To be Earth's most customer-centric company," aligns employees towards a common goal, i.e., customer satisfaction.

2. Drives decision-making

A clear vision statement provides a guideline for decision-making by providing a framework for evaluating choices. With a good vision statement in place, leaders can prioritize initiatives that align with the vision.

Example: Google’s vision is “to provide access to the world's information in one click," which drives decisions that support innovation and information accessibility.

3. Enhances organizational culture

A good vision statement contributes to a strong organizational culture by providing a shared purpose and a clear direction.

Example: Patagonia's vision "To build the best product, cause no unnecessary harm," promotes a culture of environmental responsibility. Employees passionate about environmental safety will feel more connected and will likely stick with the company.

4. Attracts stakeholders

A compelling business vision statement can help attract investors, potential customers, and other stakeholders by communicating the company's ambition and potential. It’s a great tool for building trust and credibility.

Example: Tesla's vision , "To accelerate the world's transition to sustainable energy," attracts stakeholders passionate about sustainability.

5. Motivates employees

Having a strong vision statement helps increase the motivation levels of workers as it instills a sense of purpose. It also encourages employees to go beyond their defined roles and take up new challenges thanks to clarity of purpose.

How to write a vision statement

Now that you understand the importance of having a vision statement in your business let's talk about how you can create one for your company. Just follow the six steps we’ve explained below to craft the perfect vision statement to make the world realize your company's vision.

how to write a vision statement

1. Define your purpose

Defining your purpose is the first step in crafting a meaningful vision statement. You need to identify the core reasons why your business exists—things like why you created your organization, what you’re trying to achieve, and your company’s future goals. Having a clear purpose is important as it sets the base for your vision.

While defining your purpose, consider the following aspects:

  • Core values: Determine your company's core values and moral principles. Your company values indicate what really matters to you and what are some things that you won't compromise on.
  • Long-term goals: Find out precisely what you want to accomplish in the long term and where you see your company in the next 5 to 10 years. This may include entering new markets, introducing a new product, global presence, etc.

For example:

  • Patagonia states that its purpose is to "build the best product, cause no unnecessary harm, and inspire solutions to the environmental crisis." (Core values: environmental responsibility, sustainability).
  • Whereas Google aims to "organize the world's information and make it universally accessible and useful." (Long-term goal: innovation, expansion)

2. Visualize your future

Imagining where you see yourself in the future is a crucial step in writing a vision statement. It involves envisioning your organization's ideal future state—what you want to achieve and what impact you want to create in the world. This step allows you to think big and push your boundaries.

As you imagine the future, consider asking yourself:

  • What will you have achieved in the next 5-10 years?
  • What impact will you have made?
  • What innovations will you have introduced?
  • What kind of culture and work environment will you have created?

For example, a company like Tesla might envision a future where sustainable energy solutions have transformed the world, and their electric vehicles have become the norm. A non-profit organization might imagine a future where their efforts have eradicated a particular disease or social issue.

3. Identify your stakeholders

Stakeholders are individuals or groups who have a vested interest in your organization's success and will be impacted by your vision. Identifying your stakeholders clearly will help you understand their needs, expectations, and concerns. This will help you craft a vision statement that addresses their pain points and resonates with them.

Stakeholders may include:

  • Customers: Individuals who use your products or services—whose needs and expectations you aim to meet.
  • Employees: The team members who will work towards achieving your vision and whose engagement and motivation are crucial to the organization's everyday life and success.
  • Investors: Those who provide funding or any kind of financial support and whose interests align with your organization's growth and profitability.
  • Partners: Suppliers, collaborators, or allies who contribute to your organization's ecosystem and shared goals.
  • Community: The broader social and environmental context in which your organization operates, including local communities, associations, and regulatory bodies.

4. Make a list of keywords

Your vision statement is just about 1-3 sentences long. You have to ensure it contains the most suitable and relevant words. Rack your brains and compile a list of keywords and phrases that best describe your company's aspirations, values, and objectives.

These keywords may be related to:

  • Your product or service
  • Your core values
  • Long-term goals
  • Desired outcome

Your keywords may include:

  • Values-defining words (e.g., innovation, sustainability)
  • Outcome-related words (e.g., "to become the first," "to provide the best")
  • Adjectives defining your company, product, or its future (e.g., expert, creative, flexible, customer-centric.)

For example, a tech company may include keywords like "digital transformation," "innovative technology," etc. A non-profit organization may include keywords like "better world," "empowerment, "accessible to all," etc.

5. Hold brainstorming sessions

Great vision statements aren't something you will change often—maybe once in 5 years. So, it becomes very important that to special attention to what your vision statement describes and not be casual about it. Since it’s a short statement, it becomes even more challenging. You want to use the most appropriate words that resonate with your stakeholders.

To do so, take help from different minds to write an inspiring vision statement. Sit down with your team and hold brainstorming sessions. Take everyone's ideas and suggestions. Sometimes, it only takes a few hours to come up with a nice line, but sometimes, it can take days.

6. Write and revise

After considering all the above points, the final step is condensing them into a sentence or two to create the final vision statement. It may take a couple of trials. Don't worry if your first draft doesn't turn up as you expected. A great vision statement may not come to your mind magically. You’ll have to devote some time.

A simple way to do it is first to jot down all the phrases and words that come to your mind—about your company's purpose, aspirations, product, and long-term objectives. Now, prioritize and pick the most important ones. Eliminate unnecessary words and keep it simple. Make sure your language resonates with your target audience.

Fun fact: You can even utilize the steps above to create your personal vision statement to clarify your purpose and objectives in life.

Common mistakes to avoid while writing a vision statement

Here are a few common mistakes that you must avoid while writing your vision statement:-

1) Lack of clarity

Many companies lack clarity in their vision statements or use too many generic words. Generic statements don’t inspire anyone. Be specific about what kind of company you are and what you aim to achieve.

2) Not focusing on the customer

This is a common mistake that many companies make while writing their vision statements-–not stepping in the customer's shoes. You should think from your customer's perspective—how your solution will help them in the future.

3) Using complex or hard-to-understand language

Many companies think they will sound more impressive if they use complex words or jargon. But it’s actually the opposite. The simpler your language is, the more attractive it is.

4) Lacking emotional appeal

A great vision statement evokes the readers' emotions and inspires them. Just describing your aim isn’t enough; you must connect it to some emotion.

For example, if you say, "We aim to increase our market share by 20% within the next 5 years and maintain a profit margin of at least 15%", it's not a good vision statement. Because you are only focused on numbers, it's not motivating. Rather, it would be more impactful if you said “We aim to grow by providing our customers with the best experience in XYZ”.

Vision statement examples

Below are some statement examples of inspiring vision statements by leading global brands:

1. LinkedIn

linkedIn

"Create economic opportunity for every member of the global workforce."

Why it’s good:

  • Ambitious and aspirational: "Create economic opportunity" sets a high goal, inspiring employees and stakeholders.
  • Inclusive language: "Every member of the global workforce" emphasizes equality and accessibility.
  • Global scope: Recognizes the global nature of the workforce, reflecting LinkedIn's international presence.

2. Coca-Cola

coca cola

"Our vision is to craft the brands and choice of drinks that people love, to refresh them in body and spirit."

  • Emotional appeal: Coca-Cola has used high-impacting words like "people love" and "refresh body and spirit" to create an emotional bond with its customers.
  • Aligns with values and purpose: It reflects Coca-Cola's values of quality, excellence, and customer satisfaction, aligning with its purpose to create a positive impact.

meta

"Give people the power to build community and bring the world closer together."

  • Empowering language: Using phrases like "give people the power" emphasizes Meta's commitment to enabling users rather than just being a service provider.
  • Focus on community: Prioritizing community-building highlights Meta's understanding of social media's potential for connection and collaboration.

All successful companies have one thing in common—a compelling vision statement. Even if you start small, you can accomplish great things with a strong vision. It gives purpose to your business and acts as a motivation for your employees to perform better.

Clearly, even though it’s a short statement, it holds immense value. We’ve already discussed its importance and how you can create an impactful vision statement.

But if you need further help creating inspiring vision statements, try Bizplanr . With its powerful AI, you can effortlessly create not just a vision statement but an entire business plan in no time!

Get Your Business Plan Ready In Minutes

Answer a few questions, and AI will generate a detailed business plan.

Generate your Plan

Frequently Asked Questions

How is a vision statement different from a mission statement?

A vision statement is different from a company’s mission statement for one major reason—it’s forward-looking. A vision statement explains and emphasizes what your company aims to achieve in the future. Contrary to that, a mission statement describes your present—where it stands today and what it does.

What to avoid when writing a vision statement

A few things to avoid while writing your company’s vision statement are:

  • Using overly long sentences: Concise statements have the maximum impact.
  • Not considering your values: Write a vision statement that aligns with your company's values and fundamental principles.
  • Vagueness: Your vision statement must be clear and specific with no generic language.

How long should a vision statement be for a business plan?

A good vision statement is no more than a few sentences—typically, 1 or 2 sentences (around 15-30 words).

When to update your vision statement?

It's a good idea to update your vision statement every 3-5 years. Consider factors such as changes in the organization's goals, external environment changes, milestones achieved, etc.

word text icon

As the founder and CEO of Upmetrics, Vinay Kevadiya has over 12 years of experience in business planning. He provides valuable insights to help entrepreneurs build and manage successful business plans.

Follow Vinay Kevadiya

Related Articles

Learn more about How to Write a Company Overview for a Business Plan

How to Write a Company Overview for a Business Plan

Learn more about How to Write an Internal Business Plan

How to Write an Internal Business Plan

Learn more about How to Write a Business Plan Appendix?

How to Write a Business Plan Appendix?

Logo

How To Write A Vision Statement In 4 Steps + Tips & Examples

Download our free Vision Statement Toolkit Download this toolkit

In this comprehensive guide, we'll cover the basics of a vision statement —what is it, why is it important, what a good one looks like— and provide you with a bullet-proof step-by-step formula and tips on how to write a vision statement. We will also provide inspiring vision statement examples from top organizations.

🎁As a bonus, you can download our free Vision Statement Tookit with all the resources you need to create a great business vision statement that rallies your whole organization towards achieving your ultimate goal.

Here's what you will discover inside:

What Is A Vision Statement?

  • Why Is A Vision Statement Important For Company Goals?

Vision Statement Vs Mission Statement: What's The Difference?

Key characteristics of great vision statements, helpful tips for writing your own vision statement, fail-proof formula: how to write a vision statement in 4 simple steps, what to avoid when writing a vision statement, bad vision statement examples (and why), great vision statement examples for inspiration.

  • How To Effectively Communicate Your Company Vision?
  • Turn Your Vision Into A Strategic Advantage

Free Download Download the best Vision Statement Toolkit available Download this toolkit

A company vision statement describes the desired future state of the organization in the long term —generally within a 5 to 10-year timeframe— and guides the direction of the business's efforts. It serves as a guiding framework for the business's strategic efforts being a critical component of a highly effective business strategic plan .

🎥 If you’re more of a visual learner, watch our video on how to write a vision statement for a straightforward, step-by-step guide:

Why Is A Vision Statement Important For Company Goals? 

By clearly defining the long-term aspirations of your business, a vision statement outlines a roadmap for the future. It guides decision-making , aligns efforts, and inspires stakeholders to work towards common goals.

Here’s a detailed look at the critical functions of a vision statement:

Drives strategic decision-making

A well-defined vision statement acts as a filter for strategic initiatives , ensuring that every decision aligns with the company's ultimate goals. This focused approach optimizes r esource allocation and prevents distractions.

Aligns teams and fosters unity

A shared vision statement creates a sense of purpose and belonging among employees enabling organization-wide alignment . When everyone understands the company's direction, collaboration improves, and teams become more effective.

Enhances organizational culture

A strong vision statement contributes to a positive company culture by defining shared company values and aspirations. It inspires employees to go above and beyond, fostering a sense of pride and commitment.

Influences external stakeholders

A clear and compelling vision statement attracts investors, customers, and partners. It communicates the company's ambition and potential, building trust and credibility.

As you can see, a company’s vision statement isn't just a nice-to-have; it's a critical component of every business plan and strategy discussion. Including it in the strategic planning process ensures that the organization and its departments remain aligned with the vision and avoid getting sidetracked.

Vision statement vs mission statement comparative table with differences

The most common mistake we see across the internet and with our customers is that most people do not understand the difference between a company's mission and vision statements. Mistaking one for another can prevent an organization from reaching its full potential.

While we covered this a bit more in-depth in this article , here's a short recap: 

  • A vision statement describes a long-term, idealistic state of your company’s FUTURE. 
  • A mission statement describes a roadmap to a specific destination (your VISION) that explains how will you achieve it.

Let’s see an example from LinkedIn:

  • Vision statement : To create economic opportunity for every member of the global workforce.
  • Mission statement : To connect the world's professionals to make them more productive and successful.

LinkedIn's mission and vision statements clearly articulate their long-term goals and the practical steps they are taking to achieve those goals, serving as a best practice for distinguishing between the two.

linkedin vision and mission statements

💡Tip from our Cascade strategy experts: If you're in doubt about what is a vision statement and what is a mission statement, do this simple test with two questions. 

  • What do they want to achieve? To create the most compelling car company of the 21st century… (vision statement)
  • How? … by driving the world's transition to electric vehicles (mission statement)

Free Download Download our Vision Statement Examples Ebook Download this ebook

Crafting your company’s vision statement involves more than just jotting down a few inspiring sentences and sharing them with your teams. A well-constructed vision statement should have several key characteristics to effectively guide and inspire your organization.

Evocative and inspiring

Powerful vision statements stir emotions and ignite imagination. They tap into the human spirit, creating a sense of purpose and excitement that resonates with employees at every level. Think memorable and inspiring—something that leaves a lasting impression.

Customer-centric

An effective vision statement puts the customer first, showing a deep understanding of their needs, desires, and challenges. It should clearly articulate how your organization will create value for customers and build lasting relationships.

Future-oriented

Your vision statement should look beyond the present to imagine a better future. It should challenge the status quo and inspire innovation, providing a clear path toward progress and growth for the entire organization.

Differentiating and unique

A great vision statement sets your organization apart from the competition. It should highlight what makes your company unique, showcasing your value proposition and competitive advantages. What makes your company special and different? Make sure to include that in your vision.

Action-oriented

Vision statements should be more than just a statement of intent; they should inspire action and provide clear direction and motivation for employees, empowering them to contribute to actually achieving that vision. Remember, even if your vision is the best one yet, without effective execution, it remains just words on paper. It's the daily actions, decisions, and strategies driven by that vision that turn it into reality.

By incorporating these characteristics, your vision statement will become a powerful tool for driving growth and success.

📹 Watch this episode of The Ultimate Strategy Podcast for insights from Miriam Lesa, Devina Patel, and Laura Blackmore on building a compelling vision that aligns with your organization’s purpose and inspires action.

Keep in mind that vision creation doesn't begin with sitting behind a desk and writing black on white. Reach out to your stakeholders and team members who will play a role in realizing the company's vision. Organize a workshop, or more if necessary, to brainstorm ideas and gather their feedback.

Our free Vision Statement Toolkit includes a template and workbook designed to guide you through brainstorming exercises and streamline the entire vision creation process.

As a result, including other stakeholders in the vision-creation process will not only yield ideas but also get buy-in from the beginning since it will be their vision too. 

Here are 8 tips to help you write an inspiring vision statement:

8 tips to write  good vision statement diagram

Tip #1 Keep it short

Your vision statement should be punchy and easy to remember. Aim for a maximum of two sentences to ensure it is concise and impactful.

Tip #2 Make it specific

Tailor your vision statement to your business and describe a unique outcome that only your organization can provide. This specificity sets your vision apart and makes it more relatable.

Tip #3 Write in the present tense

Craft your vision statement in the present tense to create a sense of immediacy and relevance. This approach makes the vision feel more attainable and actionable.

Tip #4 Avoid ambiguity

Steer clear of words that are open to interpretation. For instance, stating that you will maximize shareholder return in 2022 is vague unless you specify what that means. Be precise in your language to avoid misunderstandings.

Tip #5 Simplicity is key

There is a tendency to overcomplicate vision statements, but clarity is essential. Make your vision clear enough for both internal and external audiences to understand. Avoid jargon, metaphors, and business buzzwords.

Tip #6 Be ambitious yet realistic

Your vision statement should be ambitious enough to inspire excitement, but not so unrealistic that it seems impossible to achieve. Find a balance that motivates without discouraging.

Tip #7 Allow for evolution

A vision statement should evolve with your business. When brainstorming your future vision, consider a five-year timeframe. This period is long enough to set an ambitious goal but short enough to maintain focus and commitment.

Tip #8 Align with core values

Ensure your vision statement aligns with your company's core values. Once you have established your company values, review your vision to confirm that they are in sync. This alignment reinforces your organization's identity and purpose.

💡 If anything, you should memorize these 4 words before you go into crafting your own vision statement: Short, Specific, Simple , and Ambitious

There are hundreds of articles out there that give examples of good and bad vision statements. There are also plenty of articles that give a high-level overview of what to consider when creating your own.

However, what we noticed was lacking was a concrete step-by-step process to go through to help you create one. As such, we've outlined a process that we often use with our customers that might work for you too.

There are plenty of great vision statements out there that will not conform to the process below. But if you're struggling or just need a place to start, then hopefully this will help.

how to write a vision statement in 4 steps

Step 1: Define what you do as an outcome

Start by being exceptionally clear about what it is your organization actually does. Be careful to remain 'outcome focused' rather than 'output focused' .

For example, Microsoft famously had a vision statement to “ Put a Microsoft-powered computer on every desk in the world” (slightly paraphrased).

Strictly speaking, what Microsoft 'does' is make computer software, but for the purposes of their vision, they looked forward to the actual outcome of this process - i.e. computers on desks.

Let's look at some other vision statement examples:

  • A bakery makes bread. But the outcome is consumers enjoying that bread.
  • A consulting company gives advice. But the outcome is the success of others based on that advice.
  • A government department does...lots of things. But the outcome is better lives for the citizens they serve.

Whilst this process may seem obvious, you would be surprised by how rarely organizations actually go through this process in a formal, written way.

Doing so will take you a long way towards creating your vision statement—BUT it's not enough alone. If it was, all bakeries, for example, would have the same vision statement which is hardly inspiring!

💡TIP: If you are not sure where your organization wants to be in the future, you can use different tools, like SWOT or SOAR analysis , that will help you formulate your vision and future-oriented goals.

Step 2: Define what unique twist your organization brings to the above outcome

Very few products or services these days are truly new—most are more like reinventions of something that exists already, but with a different approach, focus, or spin.

At some point in your organization's lifespan, someone will have believed that the reason that THIS organization would be successful where others have failed, was because of.........something.

You need to define that something!

Let's take our bakery example. So far, our vision statement looks pretty generic, along the lines of customers enjoying our bread. But why will they enjoy our bread more than the bread from the place next door?

Is it because we use centuries-old traditions passed through generations of our family? Because we only use premium grade locally sourced ingredients? Whatever your unique selling point is, let it shine through in your vision statement.

Step 3: Apply some high-level quantification

Ironically, a common problem with a vision statement is that it's too visionary. With no possible end in sight (or a totally unrealistic one) the initial inspiration derived from a solid vision statement can quickly turn to frustration or even cynicism among employees and customers.

That said, this doesn't mean you should put numbers or any financial metrics in your vision statement —this will come later in your planning process .

However, you still want to add some high-level quantification to make it achievable.

Sticking with our bakery example, we might want to refine our target audience to 'every customer who walks through the door' . That's fine, or maybe we want to be bolder: 'every customer within walking distance of a store'.

The quantification we apply could also be industry-specific. If you're a B2B, are you shooting for small businesses or multinationals, for example?

Step 4: Add relatable, human, 'real world' aspects

Your vision statement by this point should be getting pretty close to finished. But one final trick you can apply to help make it even more memorable is to add a real-life aspect.

This will allow people to conjure up a solid mental image to associate with your vision statement.

Let's look at two different vision statement examples. Which of the following do you think is likely to be more memorable?

a) To have every working person in the world using Microsoft product

b) A Microsoft-powered computer on every desk

We would argue that (b) is more memorable because as you read this, you're actually visualizing a computer sitting on a wooden desk in a room.

There's nothing wrong with (a), but it's highly conceptual and thus difficult to transform into a mental picture. Let's look at another example:

"Ensure that every customer who leaves our store does so smiling." 

Here, using the word 'smiling' instead of 'happy' is powerful because it conjures a mental image of a person smiling.

It won't always be possible to bring this level of tangibility to a vision statement, but if it is, we strongly encourage you to do so.

Putting it all together

Following our 4-step process, the final vision statement of our bakery would look something like this:

Producing and selling locally sourced cakes and pies that are so delicious and satisfying , that every customer who leaves our store does so with a smile.

If we deconstruct it into the various steps, we can see each at work as follows:

Step 1 - The output Step 2 - The twist Step 3 - The quantification Step 4 - The human connection

Even if yours doesn't look like this at the end, following the process above will help you to bring structure and purpose to your effort.

Final check

Our tip for creating a good vision statement is to use our formula, which we explain below, in conjunction with the 4-step framework. 

Ask yourself the following questions to check if your vision statement checks all the boxes of a good vision: 

  • Is it C lear? 
  • Is it A mbitious, but not seemingly unattainable? 
  • Is it S timulating? 
  • Is it C oncise?
  • Is it too A bstract? 
  • D uration: Is it limited to a specific time range? 
  • Does it E ncourage you to take action?

While it’s essential to focus on what makes a vision statement effective, it's equally important to be aware of common pitfalls to avoid.

Here are some key mistakes to steer clear of when writing your vision statement:

Mixing up vision and mission statement

One of the most common errors is confusing the mission statement with the vision statement. Remember, a mission statement outlines what your organization does today and how it plans to achieve its goals, while a vision statement describes where you see your company in the future . Keep these distinct to ensure clarity and effectiveness.

Combining vision and mission statement into one

Avoid the temptation to merge your vision with your mission statement. This can dilute the purpose of each and create confusion. A vision statement should inspire and provide a long-term view, whereas a mission statement should be more action-oriented and focused on the present.

Being too vague or generic

A vision statement that is too broad or generic fails to inspire and guide. Avoid using vague language or clichés that could apply to any organization. As we saw in our step-by-step formula, make your vision statement specific to your company, highlighting what sets you apart and where you aim to be in the future.

So, while keeping all these tips in mind, let's look at some vision statement examples and analyze where they fit so you can either use them as inspiration or use them to avoid making the same mistake when crafting your own vision statement.

Here are some real-life examples of vision statements that, in our opinion, could do with a little tweaking. For each, we will explain what could be done better.

"Provide maximum value for our shareholders whilst helping our customers to fulfill their dreams."

If this was your vision statement → Well, let's hope it isn't. That's a classic mission statement example that describes HOW the company will achieve its vision. 

"Our company vision is to make every brand more inspiring and the world more intelligent by 2023."

If this was your vision statement → You would want to make it more specific and relatable. Is it realistic that 'every brand' will use the services of this company? How about 'making the world more intelligent.' Can you be more specific on which brands? What does it mean to make the world more intelligent? That said, 'making brands more inspiring' has potential—it’s specific and meaningful.

"We aspire to be the most admired and valuable company in the world."

If this was your vision statement → We’d suggest rethinking it. This is too vague and generic.  Which company doesn't want to be the most admired and most valuable? Your vision statement should be more specific than that. 

"We are committed to achieving new standards of excellence by providing superior human capital management services and maximizing the potential of all stakeholders - clients, candidates, and employees - through the delivery of the most reliable, responsive..." [and it goes on, but that's probably enough]...

If this was your vision statement → You’d want to make it clearer and more tangible. Phrases like 'new standards of excellence,' 'superior human capital management,' and 'maximizing potential' are full of buzzwords and vague concepts. A good vision statement should be memorable and inspiring, not filled with jargon.

We know we’re being a bit harsh, but hopefully, these examples highlight some common pitfalls to avoid when creating your own vision statement.

First, let's revisit the bakery vision statement example from the previous sections:

"Producing and selling locally sourced cakes and pies that are so delicious and satisfying, that every customer who leaves our store does so with a smile."

This is a great example that follows our 4-step fail-proof formula, but there are many ways to craft an effective vision statement. Let’s explore some other inspiring vision statements that, while they don’t adhere to our exact formula, still manage to create an engaging and memorable company vision: 

amazon vision statement

Vision statement: To be Earth's most customer-centric company, Earth's best employer, and Earth's safest place to work. 

disney vision statement

Vision statement : To be one of the world's leading producers and providers of entertainment and information.

lego vision statement

Vision statement : A global force for Learning-through-Play. 

We love this one because it's short, sweet and easy to remember.

tesla vision statement

Vision statement : To create the most compelling car company of the 21st century by driving the world's transition to electric vehicles.

ikea vision statement

📚Want to see more examples of a great vision statement? Check this article with 35 vision statement examples from top companies, such as Patagonia, Microsoft, Netflix, and Starbucks. 

How To Effectively Communicate Your Company Vision? 

Let's say you've finally crafted the perfect vision statement that makes everyone in the C-suite proud. Marketing updated the website, ran a PR campaign, and posted across all company social media and internal channels. The new direction is making waves in the company, but as time passes, everyone forgets about it and gets on with their business-as-usual. 

If you have a vision but take no action, your organization has no future.

In other words, you need to keep the company's vision top of mind 24/7/365 if you want to achieve it. Consistent communication is the key to success.

Cascade is a powerful strategy execution tool designed to help organizations plan, execute, and track their strategy in one central location. Having everything in one place, enables organizations to keep their vision, mission, and company values top of mind.

In Cascade, you can add your vision statement, mission statement, and company values not only at the company level but also at the team level. This flexibility allows different teams to have specific elements tailored to their unique goals and challenges while still aligning with the overall organizational strategy.

Different teams within an organization may have unique functions and objectives that require tailored vision and mission statements. For example, the Marketing team might focus on being the most innovative in brand strategy, while the Sales team might aim to be the most customer-centric in the industry. These specific visions help teams align their daily activities with their broader goals and maintain a strong sense of purpose.

product screenshot with vision mission and values in cascade strategy execution platform

Another best practice is to integrate your vision into daily operations and decision-making processes. Encourage leaders at all levels to reference the vision statement when setting goals , planning projects, and making strategic decisions. This integration helps embed the vision into the organizational fabric, making it a constant guide for all activities.

You can also include your vision in every company-wide meeting. Here at Cascade, we make sure to run the all-hands meeting every week. Here's what our agenda usually looks like: 

  • Drive alignment around company vision and overall strategy 
  • Communicate the strategy priorities 
  • Share updates and progress toward key business goals
  • Celebrate our accomplishment 
  • Establish two-way communication between employees and executives 

Turn Your Vision Into A Strategic Advantage 

You may have a top-flight board and a great executive team, but the success of your organization depends on your leadership. Your vision for the future needs to be clear and strong so people can understand it and join forces behind it.

In short, unity and a laser-sharp focus are what separate winning businesses from losers these days.

To ensure your vision drives business growth, use Cascade to centralize your strategy so that you can be 100% sure that every team and department aligns with the overarching vision. This focus on strategy execution transforms your vision from a statement into actionable steps that drive business growth.

See Cascade in action! Create a free forever account or schedule a call with our strategy experts for a personalized tour and discover how you can transform your vision into reality.

🎁Don’t forget to download our free Vision Statement Toolkit and our eBook with +100 vision statement examples for inspiration!

#1 Strategy Execution Platform Say goodbye to strategy spreadsheets. It’s time for Cascade. Get started, free  forever

Editor's note:

This article is part of our ‘How to Write a Strategy' series:

  • How To Write A Strategic Plan: The Cascade Model
  • How to Write a Good Vision Statement (This Article)
  • How To Create Company Values
  • Creating Strategic Focus Areas
  • How To Write Strategic Objectives
  • How To Create Effective Projects
  • How To Write KPIs

Popular articles

what is the vision of a business plan

VRIO Framework Overview: Step-By-Step, Template & Examples

what is the vision of a business plan

The 7 Best Business Strategy Examples I've Ever Seen

what is the vision of a business plan

Corporate Strategy Breakdown: Components, Types & Examples

what is the vision of a business plan

Strategic Analysis Complete Guide: Definition, Tools & Examples

Your toolkit for strategy success.

what is the vision of a business plan

22 vision statem ...

Journal Home

22 vision statement examples to help you write your own.

When launching a startup, founders typically have an idea of what they want to achieve — a vision of what success will look like. During the strategic planning process, it’s important to put this vision into concrete terms. Not only does a vision statement clarify your thoughts, but it helps employees and stakeholders understand what the business has set out to accomplish. No matter what the business, a good mission and vision statement can inspire and motivate employees to make that vision a reality.

Whether it’s your first or fifth business, writing a compelling vision statement can be challenging. Below, we'll share how to write a vision statement — one that inspires your employees and positively impacts your business — and we'll look at a few vision statement examples to help you get started. 

What is a vision statement? 

A personal mission statement and personal vision statement can be used to guide our decision-making and help us stay focused to meet our long-term goals. Company statements are no different. A company vision statement is one of your most important business documents, along with your mission statement and core values. Although it’s easy to confuse the three, each one is unique and serves its own purpose. 

Core values are the organization’s long-term beliefs and principles that guide employee behavior. A mission statement deals with “why” an organization exists, while a vision statement outlines “what” that existence will eventually look like. A mission statement has to do with what the organization is doing in the present, while a vision statement focuses on the future. Mission statement examples include L’Oreal’s “Offering all women and men worldwide the best of cosmetics innovation in terms of quality, efficacy, and safety.” Conversely, Disney’s vision for itself is “to be one of the world’s leading producers and providers of entertainment and information.”

Primarily intended for internal employees and shareholders, a vision statement describes what an organization aspires to be. It helps to think of a vision statement as part roadmap, part inspiration. By outlining a long-term vision, rather than just short-term goals, a vision statement helps give the organization shape and purpose. 

Why it’s important to have a vision statement.

Despite the importance of a vision statement, many companies choose to operate without one. Some simply combine their mission and vision into one general document. Others do away with the idea altogether, thinking that corporate visions are vague statements that serve no actual purpose. 

Furthermore, studies show that highly aligned organizations grow revenue 58% faster, and are 72% more profitable than ones that are unaligned. If an organization doesn’t have a vision or a clear idea of what it wants, it will greatly limit its opportunities and have a difficult time inspiring employees to stay committed.  

How to write a vision statement.

Writing a vision statement may seem like a daunting task. It’s read by every employee and shareholder, and greatly impacts the success of the organization. And a vision statement takes time and thought. When done well, a vision statement can provide the encouragement your company needs to achieve its goals. To streamline the process, keep the following steps in mind while crafting your vision statement:

1. Determine who will help write your vision statement.

When starting out, it’s likely you and your partners will be responsible for writing your company’s vision statement. Once you start hiring, you can ask managers and employees to contribute additional insights. Interviewing a range of individuals will help create a vision statement that integrates and speaks directly to the entire organization. 

2. Project your goals for the future.

Imagine your company five or ten years down the line. The outcome you envision — your dream for the future, your success as a company — should be captured in the vision statement. Keep in mind that the statement should only include the vision, not an actual step-by-step plan for implementing solutions. 

The following questions can help you clarify your vision: 

  • Where do we want the organization to go? 
  • What can we realistically achieve?
  • What problem does the organization intend to solve?
  • What are the changes we believe the organization can make for individuals? For the industry? 
  • How will things be different if the vision is realized?
  • What phrases or keywords describe the type of organization and outcome we want?

3. Stick to the specifics.

A generic vision statement — one that sounds like it could apply to any company — will not be enough to motivate your team. Vision works best when it’s specific and describes an end goal only your organization can provide. Don’t be afraid to dream big. A lukewarm vision will only yield lukewarm results. So it’s important to be bold, and even risky, when writing your vision statement. 

4. Keep it short and simple.

While it should be specific, a vision statement shouldn’t be overly detailed. It should be concise. Start by jotting down all of your ideas, and then pare those down to the essentials. Keeping just one or two key points helps create a clear vision that’s easy for everyone to focus on and fulfill. Stay away from technical terms and jargon, and use the present tense. Rather than trying to write something catchy, aim for clarity. A great vision statement works best when it’s simple, memorable, and inspirational. 

Revisit your vision often as your company evolves.

A vision statement sets an organization’s sights on the future. However, once that future is reached, the vision needs to continue moving forward. Your vision statement is a living document, not a set of static sentences. It plays an important part in your overall strategic plan for a certain time frame. It should therefore be regularly updated to reflect your organization’s current purpose. 

Constantly communicate your vision.

Once you have a vision statement that articulates your end goal, make sure it’s clearly communicated. A vision is more effective when your entire organization takes it to heart. Commit the proper resources and time toward realizing the vision you’ve set. This can mean investing in seminars and training or launching a new product. It can also include offering the lowest possible prices, entering new markets, or exploring other areas of opportunity. A good way to help everyone align with a company's vision statement is by inviting them into the process. Ask for employees’ input, and suggest ways to incorporate the vision into their work. Then, make sure to recognize or reward individuals for their standout contributions.

Vision statement examples.

Sometimes, seeing what works for notable companies is just the inspiration you need to create your own vision statement. Below are some inspiring vision statements from today’s top companies:

Concept-based vision statements.

Some vision statements are based on concepts of what the company hopes to be or achieve in the future. This can be a general statement focused on customers, or a position the company wants to hold within the industry. Below are a few examples of concept-based vision statements:

  • BBC: “To be the most creative organization in the world”
  • Disney: “To make people happy.”
  • Google: “To provide access to the world’s information in one click”
  • IKEA: “To create a better everyday life for the many people”
  • Instagram: “Capture and share the world’s moments”
  • LinkedIn: "Create economic opportunity for every member of the global workforce”
  • Microsoft: “To help people throughout the world realize their full potential”
  • Nike: “To bring inspiration and innovation to every athlete in the world”
  • Oxfam: “A just world without poverty”
  • Shopify: “To make commerce better for everyone”
  • Sony: "To be a company that inspires and fulfills your curiosity.”
  • TED: “Spread ideas”
  • Tesla: “To accelerate the world’s transition to sustainable energy”
  • Uber: “We ignite opportunity by setting the world in motion”
  • Whole Foods : “To nourish people and the planet.”

Quality-based vision statements.

Other common vision statements are focused on internal goals. These include the type of products and services the company hopes to provide as they grow. Quality-based vision statements can also relate to company culture and operations. The following are some examples from actual United States companies in different industries:

  • Amazon: “Our vision is to be earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.”
  • Avon: “ To be the company that best understands and satisfies the product, service, and self-fulfillment needs of women—globally.”
  • Ben & Jerry’s: “Making the best ice cream in the nicest possible way”
  • Ford: “People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.” 
  • IBM: “To be the world’s most successful and important information technology company. Successful in helping our customers apply technology to solve their problems. Successful in introducing this extraordinary technology to new customers. Important because we will continue to be the basic resource of much of what is invested in this industry.”
  • McDonald’s: “To move with velocity to drive profitable growth and become an even better McDonald’s serving more customers delicious food each day around the world.”
  • Nordstrom: “To serve our customers better, to always be relevant in their lives, and to form lifelong relationships”
  • Starbucks: “To establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles while we grow.” 
  • Warby Parker: “We believe that buying glasses should be easy and fun. It should leave you happy and good-looking, with money in your pocket. We also believe that everyone has the right to see.”
  • Zappos: “To provide the best customer service possible. Deliver 'WOW' through service”

Brex is trusted by 1 in 3 startups for credit cards and spend management — are you next?

Keep a clear vision.

Even if it’s just a few sentences, a vision statement provides a lot of value. Not only does it outline the company’s desired outcome, but it can communicate intentions and hopes for the future. The best part is that a vision statement changes with your organization. When a vision is reached or updated, it’s time to create a new vision statement. This encourages everyone toward greater goals, and opens your company to more possibilities.

Brex-CTA

Ready to bring your vision to life? Brex can help.

  • Product overview
  • All features
  • Latest feature release
  • App integrations
  • project icon Project management
  • goal icon Goals and reporting
  • asana-intelligence icon Asana AI
  • workflow icon Workflows and automation
  • portfolio icon Resource management
  • my-task icon Admin and security
  • list icon Personal
  • premium icon Starter
  • briefcase icon Advanced
  • Goal management
  • Organizational planning
  • Project intake
  • Resource planning
  • Product launches
  • View all use cases arrow-right icon

what is the vision of a business plan

  • Help Center
  • Asana Academy
  • Certifications
  • Work management hub
  • Customer stories
  • Get support
  • Developer support
  • Customer Success
  • Project plans
  • Team goals & objectives
  • Team continuity
  • Meeting agenda
  • View all templates arrow-right icon
  • Business strategy |
  • How to write a vision statement: Steps ...

How to write a vision statement: Steps and examples

Julia Martins contributor headshot

The vision statement is designed to inspire employees, compel investors, and engage the imaginations of your customers. It paints a picture of your company's future and the impact you want your business to have on the world.

It takes work and creativity to write an inspiring vision statement. Here, we'll break down the elements of a great vision statement, guide you through the process, and walk through a few examples of excellent vision statements and explain what makes them great.

Create a prioritization matrix template

Take the guesswork out of task prioritization by creating a prioritization matrix template in Asana. Prioritize your work by business impact and expected effort, so you can be confident you’re focusing on the most important work.

What is a vision statement?

A vision statement is your company’s guiding beacon. It zooms out to give perspective on the overarching reasons for your company's mission. Rather than articulating the specifics of your business operations, the vision statement describes how your company seeks to impact and improve the world around it.

Vision statement vs. mission statement

While both statements help define your company's character and personality, there are some key differences between a vision statement and a mission statement.

The mission statement describes what your company does in the present. It's comprised of three parts: what you do, how you do it, and why you do it. 

A vision statement outlines the company's long-term goals and aspirations for the future in terms of its long-term growth and impact on the world. Your mission defines what your organization does and what you stand for, while your vision statement speaks to your goals and ideals for the future. 

[inline illustration] Vision vs. mission statement (infographic)

Characteristics of a great vision statement

Vision statements are like snowflakes—each one is unique to its company in length, form, structure, and scope. Your vision statement should reflect your company's personality. However, there are a few traits that all great vision statements share. No matter how unique a statement is in terms of size, shape, or structure, a good vision statement should be:

The purpose of a vision statement is to inspire employees, investors, and customers to believe in your company's mission. Great vision statements are aspirational and ambitious. They convey a sense of passion for the ideal future toward which the company is working.

Though your vision needs to be ambitious in order to be inspiring, it shouldn't be so far out of reach that it feels impossible. You want to choose something that your company will have to strive for, but a completely unattainable goal isn't a vision—it's a fantasy.

A vision statement connects your company mission to your goals, but it isn’t a goal in and of itself. If your vision statement feels too finite or specifically achievable, try to zoom out and broaden the scope of your vision.

Don’t try to cram every detail of your vision into your vision statement—be strategic in selecting the ideas that feel the most relevant and compelling to your stakeholders . You might dream of someday having offices in every major city in the world, but your vision statement should focus on aspirations that speak to your company's mission and purpose.

[inline illustration] Characteristics of a great vision statement (infographic)

Vision statement writing tips

Here are a few best practices to keep in mind as you start writing your vision statement:

Collaborate. The vision statement should reflect the character of your entire company, and there's no better way to accomplish this than to write the statement alongside key members of your team. Gather leaders from across the organization to participate in vision statement brainstorms, and run drafts by these same people to get buy-in on your final vision statement.

Write first, edit later. Don't try to write a succinct, well-crafted vision statement right out of the gate. Put everything you think of down on paper, no matter how small. You may not see the value in a particular idea when it crosses your mind, but if you write it down anyway, it may spark better ideas later on.

Keep your own vision statement separate. Many people have personal vision statements that reflect their individual goals, and if you're a business owner, our own vision statement may overlap strongly with the vision of your company. It's important to keep your personal aspirations and your company's vision separate, so that your company's vision statement is something that your entire company can relate to and feel represented by. 

Avoid buzzwords and jargon. Using "industry-speak" makes a brand feel aloof and inaccessible, even to people within the industry. Plain language is always more powerful than jargon, so if you find yourself falling back on buzzwords, isolate the phrase in question and picture a friend or family member asking, "What does this actually mean?" Write or record the explanation you would give to that person and use that language to replace the buzzwords in your vision statement.

Avoid ambiguity. Vision statements don't have to be concrete the way a mission statement should be, but you want to avoid using words that could potentially be interpreted in a way that changes the entire vision statement's meaning. You won't be there to clarify or offer context to everyone who reads your statement, so it needs to be able to stand on its own.

7 steps to write your company's vision statement

There's a lot more to crafting a great vision statement than just writing a few sentences. In order to create a statement that's truly aspirational and inspiring, you're going to need to do a little bit of work. Here's our seven-step process to write a great vision statement:

1. Identify important stakeholders

Your vision statement speaks on behalf of your entire company, so make a list of co-founders, fellow executives, and high-level employees who can help you craft and refine your statement so that it represents your organization as a whole. Getting buy-in from company leaders is also a smart strategic move—the more they believe in the vision statement, the better they'll model it in their daily work and communicate it to their own departments and teams.

Make a second list of stakeholders that represent your vision statement's audience. This list may consist of personas rather than actual people, and should include:

Board members

Partner organizations

Different customer personas

Shareholders

Depending on your industry, this list may be longer or shorter; the main point is to write down a basic overview of the group of people you're writing for. If you're only thinking about your customers, your vision statement may not feel as relatable to employees or might not inspire potential funders to invest. Check your drafts against this list to make sure it feels applicable to all of your key stakeholders.

2. Start with a list of keywords

Ultimately, you're aiming to craft a few concise sentences—and the process of crafting those sentences will be a lot easier if you have a "word bank" of sorts to draw from as you write. Hold an open brainstorming session with your internal stakeholders to come up with a keyword list. 

Make sure your keyword list is comprehensive by subdividing it into smaller categories and making sure you have a good list of keywords for each. At a minimum, you should collect keywords related to:

Your product or service

Your mission and values

Your company's goals and initiatives

Your company's long-term strategic plan

Adjectives that describe your company, product, teams, community, and ideal future (e.g. expert, innovative, affordable, inspiring)

Adverbs that describe the way in which your company operates (e.g. flexibly, sustainably, cooperatively, fearlessly)

Just like your list of stakeholders, the number and type of keyword lists you should generate will vary depending on your industry and company. The important thing is to create a document filled with keywords that you can draw from as your writing, if you get stuck trying to communicate an idea, or if you need to replace some jargon-y text.

3. Answer foundational company questions

In addition to your keywords document, take time during your brainstorm to answer the following questions:

What is our organization’s main purpose?

What are our company’s main strengths?

What are our company values?

Why does what we’re building matter?

How do we want to make a difference as a company?

What is our vision for our company culture ?

What are our most ambitious goals?

What impact do we want our company to have on the world?

What are our company wants? What about company needs?

If our company succeeded in everything it set out to do, how would the world be different?

4. Sort your answers by importance

By the time you're finished brainstorming, you should have a lot of stuff written down.Put all of this content aside for a few days, so that your mind is clear when you return for the next step: deciding what goes in your vision statement and what gets left on the cutting room floor.

Sit down with your vision statement tiger team and a highlighter and review everything you have written down. Highlight ideas and phrases that your group feels are the most important to your company, and cross out items that you're ready to eliminate from consideration (however, don't throw this content out entirely—everything you brainstormed can be helpful in creating other important documents, like your core values, roadmap, or business plan). 

5. Write your company's vision out longform

At the end of step four, you'll have a smaller "word bank" of your most important phrases, ideas, keywords, and answers to foundational company questions. Your next step will be to organize these ideas into sentences that flow logically and are ordered according to your company's priorities.

Right now, don't worry about length—focus instead on communicating your vision in a way that makes sense, touches all of the key points you want to include, and feels relatable to your stakeholders and your audience. It's much easier to edit a long but comprehensive statement than it is to bulk up a statement that's missing pieces.

6. Step back and evaluate

Before you go through the work of editing your vision down to size, take a step back and look at your vision paragraph from afar. This is another point where you may benefit from setting it aside for a few days and returning with fresh eyes.

As you review your vision paragraph, check for the following things:

Is it ambitious enough? Your paragraph should feel aspirational, not like a finite goal to be accomplished.

Is it too ambitious? Make sure you strike a balance between idealistic and unrealistic.

Does it accurately reflect your organization? Run your paragraph by internal stakeholders who weren’t involved in creating it, and as for their feedback on what may be missing, what parts may be unnecessary, or how certain ideas may be phrased more effectively.

Does it make sense? Have friends and family members read your paragraph to confirm that it makes sense to the average reader.

7. Write your final vision statement

Once you've adjusted your vision paragraph and made the changes you wanted to make, it's time to edit your vision paragraph down to a vision statement. In many cases, your paragraph may naturally shrink as you solicit and implement feedback from others, and you may even want to specifically ask for opinions on how your paragraph could be more concise.

Here are a few ways to shorten your vision paragraph:

Eliminate what's unnecessary. Now that you've stepped away from your paragraph a few times and gotten a few rounds of feedback, are there any phrases or ideas that don't feel as necessary as they did when you wrote it? Cut any parts that feel lackluster or less impactful than the rest of the paragraph.

Look for synonyms. Are there any areas where you used several words to say something that there's already a word for? For example, you might replace the phrase "give people the ability to," with "provide access."

Edit each concept individually. Chop your paragraph into sentences and chop your sentences into phrases. Pick up each small segment on its own and see if you can come up with a shorter way to phrase it. It helps if you evaluate the smaller segments out of order—hopping around or going backwards piece by piece will help you notice things that your brain smooths over when you're reading a full sentence.

When your vision statement is finished, bring it back around to your stakeholders to get final feedback and make any finishing tweaks. 

Vision statement examples

There's no way around it—writing a vision statement is hard, especially if it's your first time doing so. Before you get started, or if you get stuck and need to spark some new ideas, take a look at some of these example vision statements for inspiration. 

Note that not all companies have both a mission and a vision statement. Some companies combine the two into a single small paragraph that touches on tangible objectives (mission) as well as more long-reaching aspirations (vision). In some cases, companies won't label either statement, encasing them in a broader page dedicated to "purpose," "who we are," or another similar title.

Here, we've gathered mission and vision statements for a few companies that have publicly set both. 

Mission: To act in the public interest, BBC serves all audiences through the provision of impartial, high-quality and distinctive output and services which inform, educate and entertain.

Vision: To be the most creative company in the world.

Mission: IKEA offers a wide range of well-designed, functional home furnishing products at low and accessible prices.

Vision: To create a better everyday life for the many people.

Southwest Airlines

Mission: Southwest connects people to what’s important in their lives through friendly, reliable, and low-cost air travel.

Vision: To become the world’s most loved, most flown, and most profitable airline.

Mission: Hasbro creates the world's best play and entertainment experiences.

Vision: To make the world a better place for all children, fans and families.

Mission: To make things universally accessible and useful, Google organizes the world's information.

Vision: To significantly improve the lives of as many people as possible.

Mission: To harness the next wave of innovation and solve customers’ toughest challenges, VMware uses disruptive technologies like edge computing, AI, blockchain, machine learning, Kubernetes, and more.

Vision: To build a sustainable, equitable and more secure future for all.

Use your vision statement to help you grow

A company's vision statement is a living document—it should adapt and change as your company achieves its business goals and sets new ones, grows in size, expands its offerings, and updates its mission. Revisit your vision statement once every year or so to make sure it still accurately reflects your company's ideal future; if not, adjust it! 

But for now, enjoy the fact that your vision statement is written. Share it with your team, announce it to your customers, and use it to proudly guide your company forward.

Related resources

what is the vision of a business plan

4 types of concept maps (with free templates)

what is the vision of a business plan

6 tips to build a strong organizational culture

what is the vision of a business plan

How to use benchmarking to set your standards for success

what is the vision of a business plan

How to scale retail management operations with Asana

Jump to navigation

Home

  • --> --> --> -->