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What is a Strategic View?

Published in Strategic Planning 2 mins read

A strategic view is essentially a forward-looking perspective that defines an organization's aspirations and goals for the future. It outlines the desired direction a company is heading in the mid-to-long term. This often takes the form of a strategic vision statement.

Understanding Strategic Vision

A strategic vision helps to align everyone within an organization towards a common objective. It serves as a guiding light, informing decision-making and resource allocation. According to the provided reference, a strategic vision statement is a brief document that defines where the organization aspires to be and what it wants to accomplish in the mid- to long-term future.

Key Characteristics of a Strategic View:

  • Forward-Looking: Focuses on the future rather than the present.
  • Directional: Indicates the path the company intends to take.
  • Aspirational: Describes what the company hopes to achieve.
  • Guiding: Informs strategic decisions and actions.

Example of a Strategic View

Imagine a small, local coffee shop wants to expand and become a regional chain. Their strategic vision statement might be: "To be the preferred coffee destination in the tri-state area, known for our exceptional coffee, community engagement, and commitment to sustainability." This statement clearly outlines the company's aspirations for the future.

Strategic Vision Statements:

These statements are the written articulation of a strategic view. They're concise and easy to understand, ensuring everyone in the organization is on the same page.

Key Components of an effective strategic vision statement:

  • Clarity: Easy to understand and unambiguous.
  • Conciseness: Short and to the point.
  • Inspiration: Motivates and excites employees.
  • Realism: Achievable and grounded in reality.

A strategic view, therefore, is more than just a wish; it's a well-defined aspiration that drives the company's strategic direction.