What is Vision?
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Vision is a macro level perspective of your future business direction. It is summary of what all you are committed to provide through business and where you see your business years down the line. A strong vision should be capable of conveying the core capability and commitment in a string of few words.
Why need to have Vision?
It gives a direction to your vision
Helps you, your business partners and your employees keep focused and keep going in difficult times
Vision directly interacts with customers and helps make brand image
It helps orient different projects and assignments in the desired direction acting as a common tying element
Represents company culture
It’s a sticky element that lingers on to the memory of customers and help in word of mouth publicity
To survive the tough business competition you should learn how to deal with business competition, discussed in the following article - http://fromthediaryofmentor.blogspot.in/2012/03/how-to-deal-with-business-competition.html
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