Wednesday, May 27, 2009

Is My Company Strategy-Led or Vision-Led? (Part 2)

With ambiguous vision statement, I am, quite convinced that my company is not Vision-Led. But is it Strategy-Led? I definitely hope so……

If a company is neither Vision-Led nor Strategy-Led, it is in BIG trouble!
What is a Strategy-Led company? What is the definition of a Strategy-Led company?
In the course notes, a Strategy-Led company looks at where they are today. Then from there, the Strategy-Led company defines a strategy of where they can go and where they want to go is their vision. On the other hand, a Vision-Led company defines the vision first, then creating the strategy later.

I think my company is Strategy-Led. It has good moving forward strategies but have yet to define its vision.

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