Entrepreneurial strategic vision

Entrepreneurial

Strategic Vision

Center for Entrepreneurial Development

IBA – Karachi

Why are you

here ?

What is the

ultimate Purpose

of Your Life?

Workshop Participant

• Turkish Participant – Marriage

Gathering

• Dubai Participant – Home like

my Aunt

Without a direction, we are at severe risk!

Without a clear vision, we don’t have a direction!

So, if a=b=c, then, a=c,

Which means, without a clear vision, we are at a

severe risk!

!

A Meaningful Life1. Would you like to look back at your life at the time of your death and

exclaim: ‘It was worth it?’

• Yes

• No

• I don’t care

2. Suppose you are mentioned after your death in a gathering of a group of people with knowledge and wisdom. What would you like them to say about you?

• This person’s (your) life was really worth it

• This person’s life was not worthwhile

• They don’t care

Source: Timelenders.com

Meaningful Life

Strategic

Visions

Strategic Time

ManagementCompetence Leadership

Prioritization Azm(Determination)

Share Inspire Facilitate

Source: Timelenders.com

The Elements of Meaningful LifeMeaningful life has the following four elements:

1. Strategic Visions: A long term sound vision in our life. A sound vision is defined as a vision which has clarity and correctness.

2. Strategic Time Management: Strategic Time Management is defined as our ability to prioritize our lives in light of a long term vision and then to drive these priorities with Azm (determination).

Source: Timelenders.com

The Elements of Meaningful LifeMeaningful life has the following four elements:

3. Competence: Competence is the Knowledge, Skills and Abilities (KSAs) that are required for our visions. For example, our vision of scaling Mount Everest requires a minimum set of knowledge, skills and abilities.

4. Leadership: Leadership is defined as the ability to share our vision with others and to inspire and facilitate others in pursuing the shared vision. The key element behind the ability to inspire others to pursue the shared vision is a character worthy of the vision.

Source: Timelenders.com

“Some viewed vision as about having a crystal-ball

picture of the future marketplace. Others thought in

terms of a technology or product vision, such as the

Macintosh computer. Still others emphasized a vision

of the organization-values, purpose, mission, goals,

images of an idealized workplace. Talk about a muddled

mess! No wonder so many hardnosed practical businesspeople

were highly skeptical of the whole notion of vision; it just seemed

so –well--fuzzy, unclear and impractical.”-Jim Collins

Why Vision?

1. It gives us Direction.

2. A vision greatly reduces the risk of

realizing the Worst Case Scenarios in

Life.

3. It gives us Motivation.

4. It helps us to Fight Adversity.

5. If we don’t have a Clear Vision, we risk

becoming the instruments of an

Undesired Vision.

6. It helps us Select Some of Our Roles.

Source: Timelenders.com

Why Vision?

You will get

1. Fearless

2. Courage

3. Perseverance

4. Patience

How to Develop Vision?

A Sound Vision should be:

• Time less

• Correct

• Noble

Volks Wagon’s Vision

“to produce vehicle

that use less fuel”

3M’s Vision

“solve day to day

problems of people.”

Real life

Stories

Real life Stories

• Zobia’s Father – IBA EDP Student

• College Boy – Reason for Existence

• Girl student – Admission in Ivey League College

What is your strategy?

• What are you going to use to get there; How will you get there?

Use Time management to achieve your goals:

Four Steps for

Objective Setting

Step 1: Remember your SMART objectives very well!

Step 2: Prioritize!! Find your three main priorities and FOCUS your

activities on these!

Step 3: Organize and plan your activities: write down all your activities and use this instrument to organize them:

Plan your activities: use the method that suits you most!

Step 4: Control your time!Get to know yourself, your personal working rhythm and

plan your day according to this!

• 60/40 rule: plan only 60% of your day. Let 40% available for activities that will appear and could be “important and urgent”

• Pareto Rule: 80 % of your results will come from 20% activities

• Plan in detail

• Keep your objectives close to you. Visualize them!

• Plan time for yourself!!

Step 4: Control your time!Get to know yourself, your personal working rhythm and

plan your day according to this!

Don’t forget about time thieves! Control them!

Sound Ideology

Ultimate Purposen=number

of roles

ISVA (50) Intermediate Subvision for 50 yearsRole

Final Selection

of Roles

ISVs for 100 years

ISVs for 50 years

ISVs for 25 years

ISVs for 10 years

ISVs for 5 years

ISVs for Current year

ISVs for Current

month

ISVA ISVC ISVE ISVn

ISVA ISVB ISVC ISVE ISVn

ISVA ISVB ISVC ISVD ISVE ISVn

ISVA ISVB ISVC ISVD ISVE ISVn

ISVA ISVB ISVC ISVD ISVE ISVF ISVn

ISVA ISVB ISVC ISVD ISVE ISVF ISVn

ISVA ISVB ISVC ISVD ISVE ISVF ISVn

POVA POVB POVC POVD POVE POVF POVn

USVA USVB USVC USVD USVE USVF USVn

The Vision Framework

Thank for your

patience.