Importance of Project Management for Organizations
Project management is the art of managing the project and its deliverables with a view to produce finished products or service. There are many ways in which a project can be carried out and the way in which it is executed is project management. Project management includes: identifying requirements, establishing clear and achievable objectives, balancing […]
The Pitfalls of Quarterly Capitalism
Creating the maximum possible shareholder value had always been the cornerstone of capitalism. All economic theories had always been aimed at maximizing long term shareholder value. However, in the late 90s and early 2000’s, this situation changed rapidly. Instead of reporting annually, companies had to report their profits or losses on a quarterly basis. It […]
Theory of Human Resource Development (HRD)
This module covers the HRD function in organizations from a wide variety of perspectives. At the outset, after the introduction to the module in the previous article, it is time to look at some theoretical perspectives about the HRD function. When the field of management science and organizational behavior was in its infancy, the HRD […]
The Rise of the Knowledge Worker
Who is a Knowledge Worker ? A knowledge worker is one who uses knowledge as the capital for work and who uses brain power rather than brawn power to get the job done. In other words, knowledge workers “think for a living”. A knowledge worker is also one who uses creative thinking, out of the […]
Is the Canadian Government Creating a new Real Estate Bubble?
The housing market in Canada has gone through a full cycle since 2009. During 2009, the prices were at an all-time low. Ever since the prices have increased at break-neck speed. The prices rose so much that real estate simply became unaffordable for most people. However, in the past couple of years, the housing prices […]
True leaders have a vision, that is, they have a potential to view the present as it is and to invent a future culminating out of the present. A leader with a vision can foresee the future and can remain in the present.
A vision is an end towards which leader can spend and direct his energy and resources. Leaders share a dream and a path which the employees want to share and follow.
Leadership vision is not restricted to organizational written mission statement and vision statement. It is well demonstrated in the actions, beliefs and values of organizational leaders.
“If there is no vision, people cannot survive.” This is applicable both in business as well as in life. Leaders who lack vision cannot succeed in life and they work in a standard and monotonous manner.
Vision is not a fantasy for leaders; rather it is a truth that has yet to come into practice. So as to achieve vision, a leader must exert special extra efforts and have robust confidence and devotion to realize the vision.
Vision acts as an internal force propelling a leader to act. It provides a leader an objective. The consistent existence of a vision makes a leader progressive despite various hardships and obstacles. Vision is a bond that unites the individuals into team with a mutual goal.
Recognition of a leader’s vision by the organizational employees is very essential as it makes the employees well aware of what the organization is trying to achieve.
Vision has the strength to move the employees out of monotonous work life and to place them into a new challenging and dynamic work. Vision must be:
It is a leader who moulds, interprets, communicates and represents the vision. Vision is a portrait and depiction of what a leader aspires his organization to be in long-term.
Your email address will not be published. Required fields are marked *
