Last
week we examined what makes a team and/or organization effective in their social
venture endeavor(s). In the lecture slides there was a diagram titled “Balanced
Scorecard”, from The Balanced Scorecard Institute. In that diagram, there were
four tables: Financial, Internal Business Processes, Learning and Growth, and
Customer. In the center of the model was a box titled “Vision and Strategy”. Personally,
I felt that this model fell short of properly connecting all of the
stakeholders and organization members. However, it does accurately illustrate
the importance and centrality of vision, and the leadership it takes to maintain
such vision. Upholding a specific, vivid vision is essential to any
organization because it allows them to preserve their core ideology, but stay
flexible and adaptable with regard to their prospective future.
One of our readings for week 5 was
titled, “14 Ways To Be A Great Startup CEO” by Jason Baptiste. In this article,
Baptiste talks about common, identifiable traits found in successful startup
CEOs. Some of these characteristics included assuaging and diffusing stress and
pain for the team, referring to specialists’ expertise, saying no to decisions
that could potentially jeopardize the mission, etc. The reoccurring theme throughout
the article was emphasizing the importance of vision. For example, one of the
key traits for a great CEO was to “Be A Keeper of the Company Vision”. Great
leaders have keen discernment of whether or not certain projects work well within
the confines of the organization’s vision. But you might ask: Why must these
leaders be so stringent with their vision?
Building off this question, I came
across a piece in the Stanford Social Innovation Review (SSIR) called, “Mission Matters Most” by Kim Jonker and William F. Meehan III. In the article, it talks
about recent social ventures have adopted overly broad mission statements
lacking clarity and specificity. It also mentions how most volunteers,
employees and even customers in some cases fail to fully grasp the mission of
the organization, which usually causes lack of enthusiasm/commitment to the
cause. Going back to answer the question posed above, the reason that great leaders
feel the need to be strict with their vision is because many organizations tend
to overextend their operating capacity to programs and initiatives that are
often unrelated to their original vision. My argument, in congruence with these
experts, is that the wisest CEOs know the innate value of their vision and constantly
strive to preserve it. I personally relate to this argument because my social
venture idea, Impact Youth, was initially an ambiguous youth program; it had a
straightforward mission, but the vision itself was not very apparent.
This brings me to my final and most important takeaway from this past week: clearly articulating my organization’s vision. In James C. Collins and Jerry I. Porras’ Harvard Business Review article titled, “Building Your Company’s Vision”, they discussed what exactly a strong vision is comprised of. Basically, a vivid vision is split into two primary parts: (1) Core Ideology, which is the defining nature/character of the organization, and (2) Envisioned Future, which describes what the future will look like when the organization’s objective is realized. Within Core Ideology, there are the two sub-categories of core values (internal, intrinsic principles justified within the org) and core purpose (an org’s reason for being and what difference they hope to make). It is essential that, before we move any further with our social venture ideas, we must establish this clear vision. I would like to conclude these blog posts with one final question: Is your vision, regardless of how outlandish it may sound, enticing enough to attract loyal followers and supporters?
This brings me to my final and most important takeaway from this past week: clearly articulating my organization’s vision. In James C. Collins and Jerry I. Porras’ Harvard Business Review article titled, “Building Your Company’s Vision”, they discussed what exactly a strong vision is comprised of. Basically, a vivid vision is split into two primary parts: (1) Core Ideology, which is the defining nature/character of the organization, and (2) Envisioned Future, which describes what the future will look like when the organization’s objective is realized. Within Core Ideology, there are the two sub-categories of core values (internal, intrinsic principles justified within the org) and core purpose (an org’s reason for being and what difference they hope to make). It is essential that, before we move any further with our social venture ideas, we must establish this clear vision. I would like to conclude these blog posts with one final question: Is your vision, regardless of how outlandish it may sound, enticing enough to attract loyal followers and supporters?
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