A well-articulated strategic vision is crucial for several reasons:
Direction and Focus: It provides a clear direction and focus for the company, helping to align resources and efforts toward common goals. Motivation: It inspires and motivates employees by giving them a sense of purpose and long-term objectives. Competitive Advantage: It helps the organization anticipate and adapt to changes in the market environment, thereby gaining a competitive advantage. Stakeholder Alignment: It ensures that all stakeholders, including employees, customers, and investors, are aligned and working towards the same goals.