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The Vision Thing
By John Humphreys
Summer 2004
Reprint 45414
Volume 45, Number 4, pages 96-96, 1 pages
Primary Topic: Corporate Strategy
Secondary Topic: Leadership

Summary

Today's notion of the hero-leader demands that vision be a pre-eminent executive trait. However, says the author, vision is but one component of the strategic management process, and too much focus on it can lead organizations to pursue less than ideal strategies and objectives. An organization without appropriate vision is likely to fail, but too many companies have fallen victim to the idea that managerial vision is a substitute for a complete and effective strategic examination.

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