IDEAS home Printed from https://ideas.repec.org/a/jfr/jms111/v8y2017i1p10-17.html
   My bibliography  Save this article

Derivation Process of Vision That Bind the Overall Business Performance

Author

Listed:
  • Kim-Fatt Khiew
  • Ming-Chih Chen
  • Ben-Chang Shia

Abstract

This paper tried to unbundle three important factors related to vision: (1) what is the true definition of vision, (2) how to develop an implementable vision and (3) how to relate the vision to the overall strategy. The study performed series of comprehensive literature reviews from 40 published manuscripts while using an explanatory approach to explain the stated research question. From these steps, this study found that vision is not only a dream, but more to achievable dreams. Organizational vision must become a true direction for the overall strategy; therefore, it must be equipped with the ability to introduce several quantitative indicators. This study succeeded in explaining how the derivation process should be done. Our proposed model consisting of major steps introduce vision in a more practical basic way, thus providing guidance for a company that wants to be fruitful from their vision. Lastly, the study also provides a guidance related to how vision can be adopted into individual daily performance. By having this mechanism, we believe that vision will no longer mere a dream, but more to a dream that can be achieved.

Suggested Citation

  • Kim-Fatt Khiew & Ming-Chih Chen & Ben-Chang Shia, 2017. "Derivation Process of Vision That Bind the Overall Business Performance," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 8(1), pages 10-17, February.
  • Handle: RePEc:jfr:jms111:v:8:y:2017:i:1:p:10-17
    DOI: 10.5430/jms.v8n1p10
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/jms/article/view/10997/6722
    Download Restriction: no

    File URL: http://www.sciedu.ca/journal/index.php/jms/article/view/10997
    Download Restriction: no

    File URL: https://libkey.io/10.5430/jms.v8n1p10?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:jms111:v:8:y:2017:i:1:p:10-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jenny Zhang (email available below). General contact details of provider: http://jms.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.