How to Write a Company Vision Statement (Plus 10 Great Examples)
Capturing the essence of an entire company in just a few sentences is no easy task. But a compelling vision statement becomes the guiding light for every organization and its workforce. It encapsulates the values, principles, and ambitions that drive HR department's efforts, making it a key element for organizational development.
Connecting everyone within your organization through a vision statement may sound simple, but it has a profound impact on your company's success. Employees who align with their company's vision and values are more likely to recommend it as a great place to work, according to Qualtrics. This reflects higher employee satisfaction and engagement, which drive business results.
Ready to craft a vision statement that's truly impactful? Let’s get started.
What Is a Vision Statement?
A vision statement is a powerful, forward-looking declaration that outlines an organization's long-term aspirations, ambitions, and desired future. It serves as a guiding force, offering direction and inspiration to both employees and stakeholders. This vision statement shapes the organization's efforts, reflecting shared goals and values among all employees.
Not only does a vision statement guide, but it also enables companies to overcome organizational challenges. It establishes strategic priorities and provides a decision-making framework for leaders and employees alike. Furthermore, it unifies different teams and departments within the organization to foster a cohesive work environment. These benefits extend beyond culture — a strong vision statement reinforces values and identity, creating a sense of belonging and pride among employees.
What’s the Difference Between a Vision and Mission Statement?
A vision statement and a mission statement are both important components of an organization's strategy, but they serve different purposes.
A mission statement focuses on defining the core purpose and primary objectives of the organization. It answers the question: “What does your company do?” It focuses on your company's present state, and is meant to be more action-oriented than aspirational.
A company vision statement, on the other hand, is meant to outline the long-term aspirations of the company and describe the ideal future state of that organization. It’s a broad picture of what the organization wants to achieve.
The two statements should connect. Where the vision statement represents the long-term direction of the organization, while the mission statement describes the present activities that support the vision.
10 Best Vision Statements From Top Companies
What makes a good vision statement? These successful companies are good examples of what a vision statement should be, especially to drive success with organizational development and training and how it can shine a light on a corporate identity with clarity and creativity.
- Disney
Vision Statement: To be one of the world’s leading producers and providers of entertainment and information.
Why It Works: Disney’s statement is simple and quickly outlines its ultimate goal. Any decisions that Disney makes can be guided by this statement. Although it is an ambitious goal, Disney is easily one of the world’s leading entertainment and production companies.
- Tesla
Vision Statement: To create the most compelling car company of the 21st century by driving the world’s transition to electric vehicles.
Why It Works: Tesla wants to be leading one of the biggest shifts in vehicle technology by championing electric vehicles. This vision is especially good at explaining not only what they want, but how they will achieve their goal.
- IKEA
Vision Statement: To create a better everyday life for the many people.
Why It Works: IKEA’s statement gets straight to the point but uses a very noble and human tone to motivate its members and inspire its consumers. This vision matches their brand and the products they offer the public.
- Warby Parker
Vision Statement: 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.
Why It Works: Warby Parker’s statement is a strong example of speaking to their audience and tugging on our ethical heartstrings—everyone deserves the ability to see, which is made possible by their brand and products.
- Patagonia
Vision Statement: To use all of its resources to defend life on Earth.
Why It Works: Both customers and employees know exactly what this company is all about, and that level of clarity is exactly what a vision statement should do. When faced with decisions or resource allocation, leaders and stakeholders know where their priorities lie, and consumers know just what to expect of Patagonia in their marketing and actions.
- Apple
Vision Statement: To make the best products on earth, and to leave the world better than we found it.
Why It Works: Apple has a strong sense of both ambition and responsibility, which appeals to the users of this future-focused brand. People expect the best of the best, both in terms of Apple products and Apple behavior as a big corporation.
- Nike
Vision Statement: Do everything possible to expand human potential.
Why It Works: Nike has grown into one of the most memorable brands in the world, and not just in a clothing or sports aspect. They are one of the best examples of an inspiring vision that is impactful and memorable, and people see this vision come to life in their branding and marketing.
- Google
Vision Statement: To provide access to the world’s information in one click.
Why It Works: Even a hugely successful and expansive company like Google needs a vision statement, which is clearly stated here. Google is focused on not just providing information, but providing it quickly and extensively for the convenience of the entire globe.
- Khan Academy
Vision Statement: To provide a free world-class education for anyone, anywhere.
Why It Works: This is another inspiring vision statement, which prioritizes education for all by offering accessible resources. It establishes that Khan Academy is for everyone, especially those without access to traditional forms of education, and that this goal guides their provided services.
- TED
Vision Statement: We believe passionately in the power of ideas to change attitudes, lives, and, ultimately, the world.
Why It Works: TED’s vision statement is energetic and zealous, but by so ardently believing in the power of change and growth, they’ve created one of the most inspiring and recognizable brands, to the point that everyone knows exactly what to expect from a TED Talk. This is the level of vision execution companies should aim for.
How to Write a Vision Statement
Every HR leader can write a vision statement that will move the needle in their organizational development process. Following these steps will help generate the ideas that define the company's essence and shape its future growth and innovation.
Understand your Purpose
Start by identifying the purpose and values that drive your organization, and what impact your company wants to have on the world. Understanding what drives the organization will help you craft a vision that aligns with its identity and long-term objectives.
Envision the Future
Envision where your company wants to be in five, ten, and twenty-five years. How has your organization become a leader in your industry? How will your organization shape the future of the market? What kind of culture will you build to have a healthy and productive workforce? These questions will help you determine what is most important for your organization as it moves forward.
Involve Stakeholders
Collaborate with key stakeholders, including employees, executives, and customers, to gather diverse perspectives and insights. What do your customers want from you? What do employees need to be successful? Involving others ensures a more comprehensive and inclusive vision.
Define Your Target Audience
You also need to identify the primary beneficiaries of your vision, whether they are customers, employees, communities, or society at large. For example, Patagonia aims to protect the Earth. This is ultimately a global effort, but those most passionate about the mission are environmentalists, so this audience is considered in their vision statement. Tailor your vision to resonate with their needs and aspirations of your main audience.
Focus on Aspirational Impact
People looking to work for or spend money with your company want to know what the effects you will have on the larger whole. Consider the transformation you aim to bring about and the change you want to create. Emphasize the positive impact the organization will have on its stakeholders and community.
Test and Refine
The first draft or two won’t be perfect, so get as many relevant opinions on it as possible. Share the draft vision statement with various stakeholders and seek feedback. Revise and refine the statement based on the input received to ensure it resonates with the audience.
Communicate and Integrate
Once finalized, communicate the vision statement consistently across the organization so that the entire workforce understands its intention and effects. Integrate it into all aspects of the company's operations, including strategies, goals, and culture.
Quick Tips for Your Vision Statement
A vision statement can drive impact and optimization — or it can be a loose principle quickly forgotten. To give your vision sticking power, try following these tips.
- Be clear and concise. Keep the language simple and avoid jargon. Your vision should be easily understood by all members of the organization and have one clear, overarching idea.
- Inspire and motivate. Craft a vision that excites and energizes employees. It should be aspirational, challenging them to strive for greatness.
- Align with values and goals. Ensure that your vision aligns with the core values and goals of the organization, for both your business and your work culture. It should reinforce the company's identity and purpose.
- Consider the long-term impact. Your vision should be enduring and relevant in the long run, guiding the organization for years to come.
- Involve stakeholders. Collaborate with key stakeholders, including employees, executives, and customers, to gather insights and perspectives that contribute to a vision that resonates with all. A single vision statement represents a much larger whole, and including those voices ensures the statement accurately reflects the organization.
Vision Drives Employee Engagement
Having a clear purpose gives employees meaning for the work they do. Knowing they are contributing to a greater goal can boost motivation and build overall wellbeing, which is critical to building an engaged, purpose-driven culture.
A vision statement is just one of many ways to foster employee engagement at your organization. Research shows that employee wellness programs are another effective tool — nearly 90% of businesses that track employee wellbeing spending see a clear ROI through increased engagement (in addition to boosted profitability and customer satisfaction).
Wellhub’ vision is to reinvent wellbeing, making it engaging and accessible. We provide more than 15,000 companies with a flexible wellbeing platform that gives employees access to thousands of wellness services and apps. From yoga and meditation to fitness classes, nutrition tracking apps, virtual personal trainers, and more — our platform is designed to provide employees with the tools they need to be happy, healthy, and effective.
Speak with a Wellbeing Specialist today to kickstart your employee wellness journey!
References
- BrightPlan (2021, October 20). Four Critical Steps You Need to Take to Promote Employee Wellness and Maximize Engagement. BrightPlan.com. Retrieved September 26, 2023, from https://www.brightplan.com/webinar/four-critical-steps-you-need-to-take-to-promote-employee-wellness-and-maximize-engagement
- Qualtrics. (2022, April 25). Employees who feel aligned with company values are more likely to stay. Qualtrics. https://www.qualtrics.com/blog/company-values-employee-retention/
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The Wellhub Editorial Team empowers HR leaders to support worker wellbeing. Our original research, trend analyses, and helpful how-tos provide the tools they need to improve workforce wellness in today's fast-shifting professional landscape.
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