Company Exercises:
Use this framework as a guiding context to articulate a vision within your organization.

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Fear not.
Apply Beethoven’s values of creation.
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It really matters that you have core values. It really doesn’t matter what they are!
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The foundation of all ideas generated by Jim and the Chimps is supported by years of research.
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A well-conceived vision consists of two major components—CORE IDEOLOGY and an ENVISIONED FUTURE. Notice the direct parallel to the fundamental “preserve the core/stimulate progress” dynamic. A good vision builds on the interplay between these two complementary Yin-and-Yang forces; it defines “what we stand for and why we exist” that does not change (the core ideology) and sets forth “what we aspire to become, to achieve, to create” that will require significant change and progress to attain (the envisioned future).

Core Ideology—the first primary component of the vision framework—consists of two parts: core values and core purpose.

Core Ideology = Core Values + Core Purpose

Core values are the organization's essential and enduring tenets—a small set of timeless guiding principles that require no external justification; they have intrinsic value and importance to those inside the organization.

Read on: Built to Last (English paperback)
Chapter 11, pages 222-224

Core purpose is the organization’s fundamental reason for being. An effective purpose reflects the importance people attach to the company’s work—it taps their idealistic motivations—and gets at the deeper reasons for an organization’s existence beyond just making money.

Read on: Built to Last (English paperback)
Chapter 11, pages 224-228

Envisioned Future—the second primary component of the vision framework—consists of two parts: a 10-to-30-year audacious goal (BHAG) and vivid descriptions of what it will be like when the organization achieves the BHAG.

Envisioned Future = BHAG + Vivid Descriptions

BHAG (pronounced bee-hag, shorthand for “Big Hairy Audacious Goal”) is a 10-to-30-year objective—like a big mountain to climb—that serves as a unifying focal point of effort, galvanizing people and creating team spirit. It is crisp, compelling and easy to understand.

Read on: Built to Last (English paperback)
Chapter 11, pages 232-234

Vivid description is a vibrant, engaging, and specific description of what it will be like to achieve the BHAG. Think of it as translating the vision from words into pictures, of creating an image that people can carry around in their heads.

Read on: Built to Last (English paperback)
Chapter 11, pages 233-234

Example of complete vision framework:

SONY VISION
Early 1950’s
CORE IDEOLOGY ENVISIONED FUTURE
Core Values
25-Year BHAG
Elevation of the Japanese national culture and status.

Being a pioneer—not following others, but doing the impossible.

Respect and encouragement of individual ability and creativity.

Become the company most known for changing the worldwide image of Japanese products as being of poor quality.
Core Purpose
Vivid Descriptions

To experience the sheer joy of innovation and the application of technology for the benefit and pleasure of the general public.

We will create products that become pervasive around the world. … We will be the first Japanese company to go into the American market and distribute directly. … We will succeed with innovations like the transistor radio that American companies have failed at. … Fifty years from now, our brand name will be as well known as any on Earth. … and will signify innovation and quality that rivals the most innovative companies anywhere. … “Made in Japan” will mean something fine, not shoddy.

 

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Laboratory illustrations: Jon Keegan