(Solved Homework): A strategic vision is a roadmap showing the route a company intends to take in…

A strategic vision is a roadmap showing the route a company intends to take in developing and strengthening its business. It portrays a picture of a company’s destination and provides a rationale for going there. Objectives are an organization’s performance targets – the results and outcomes it wants to achieve. They function as yardsticks for measuring how well the organization is doing.

Select a business with which you are familiar. Develop a strategic vision and strategic objectives for the business. Share your company’s vision and objectives with your class. How do your vision and objectives communicate the company’s aspirations to the customer? How are these statements distinctive and specific to the organization? Are the objectives measurable and quantifiable?

Don't use plagiarized sources. Get Your Custom Essay on
(Solved Homework): A strategic vision is a roadmap showing the route a company intends to take in…
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

Expert Answer

Strategic objectives are fundamental building blocks in any strategic plan. The strategic objectives of my business incorporate budgetary development to outperform $20 million in 10 years’ time and to improve income by 12% every year. Moreover, the other financial, strategic objectives include financial efficiency to reduce expenses by 5% and increase the net profit by 8% annually. Three also exist other constituent, operational and learning strategic objectives.

Strategic and vision objectives provide a vehicle for communicating a company’s values and aspirations to the stakeholders. The vision and target goals make an objective for the strategy advancements. The strategies give a specific manual for the objectives and visions indicating disappointment and achievement and the fulfillments of the bigger objectives’ set that are expressed in the vision and strategic objectives (Goetsch, 2014). The visions and objectives relate to a company’s aspirations and purpose and are typically communicated in various forms of the brief written statements. The vision objectives are future-oriented, narrower company aspirations and purpose’s declaration.

Administrators interpret the strategic visions and objectives into an operational technique which gets actualized, assessed and checked. The evaluation’s outcome determines whether any revision to vision and objectives is required. Well documented visions and objectives ensure that every strategic management process’ element is aligned to the organization’s long-term goals. Besides, managers utilize clear and concise objectives and visions in communicating the aspirations to stakeholders.

Also, workers appreciate on the areas to center their endeavors so that they can adjust to the daily work with the set vision and objectives. Clear strategic objectives and strategic vision objectives permit customers, shareholders, and suppliers to choose whether they want to transact business with the company or not.

The objectives are distinctive and specific to the company as they are the competitive advantages that get included in the mission statement. They are found in the organization’s quality services and products, financial resources, cost and proprietary technology advantage. Moreover, they give a sense of purpose and direction. They act as an anchor in times of growth and change, and they help managers in decision making. The objectives also clearly outline on how profitable it will offer excellent client services through its knowledgeable and friendly people.

The objectives are measurable and quantifiable as they assist the business in determining how efficient a specific approach, service, and product is performing from various standpoints.

Homework Ocean
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.


Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.


Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.


Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.


Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

× Contact Live Agents