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Management article
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Reference no. SMR3747
Authors: Mark Lipton
Published by: MIT Sloan School of Management
Published in: "MIT Sloan Management Review", 1996
Length: 12 pages

Abstract

Although few would deny that vision serves a critical role in today''s organizations, in practice, most managers are intimidated and frustrated by the challenge of developing one. The author explores the notion of vision by first explaining how and why visions work. He presents a template, tested in organizations representing the corporate, nonprofit, and public sectors, that outlines the principal themes necessary for an effective vision. Because not all great visions succeed, the author analyzes why they sometimes fail.

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Abstract

Although few would deny that vision serves a critical role in today''s organizations, in practice, most managers are intimidated and frustrated by the challenge of developing one. The author explores the notion of vision by first explaining how and why visions work. He presents a template, tested in organizations representing the corporate, nonprofit, and public sectors, that outlines the principal themes necessary for an effective vision. Because not all great visions succeed, the author analyzes why they sometimes fail.

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