Definitions of Strategic Leadership: Mission, Vision and Beyond
February 2nd, 2011
Many knowledgeable people offer perspectives about strategy discussions. I find the most useful perspectives keep us grounded and practical. For a good example, see Seth Godin’s post explaining why all abstract strategy discussions are useless.
One of the power secrets of strategic leadership is this: Once the organization understands its mission, strategic vision, strategic goals and guiding strategies, the entire organization can employ this knowledge in dialogue and decision-making daily.
But what do these terms mean? How is a “mission” different from a “strategic vision,” for example?
Glossary of Strategic Terms for Highly Differentiated Organizations
I’ve created a glossary, of sorts, to help my clients understand the critical terms. Here are five key definitions:
Mission: The mission states the difference the organization intends to make in the lives of those it serves. By its nature, mission is simple, directional, differentiating and relational.
Strategic Vision: A vision statement is a set or summary of descriptions that express how the world will be when the mission is fully and competently operating. The descriptions may be written from the perspective of the various stakeholders. Vision is developed with “future perfect” thinking and it serves as a check on mission clarity. By its nature, vision is generative and inspirational.
Strategic Goals: Strategic goals identify the major achievement targets or results the organization must attain, consistent with the mission.
Guiding Strategies: Strategies express how the organization must operate in alignment with its mission. Strategies are keys to success, rules to live by …wisdom for creating the desired future (e.g., vision).
Guiding strategies are developed for the priority activities needed to achieve the mission (e.g., principle virtues or values, customer relations, quality of service, training and development, communications, teamwork, recruiting, compensation, marketing, product development, performance measurement, financial resources, public relations, and decision making).
Strategies are put into place – strategic goals are accomplished, mission and vision are fulfilled – through a series of tactical actions.
Tactics: These are the specific investments, action steps or programs that the organization chooses to take: to accomplish its goals, in accordance with the strategies, in pursuit of its mission and strategic vision. Exceptional leadership, project management and teamwork are required to translate a list of priority tactics into accountable, implementable endeavor.
What are your wisdoms about being strategic, focused and practical? I’d like to know.