To create a vision, leaders focus on an organization's strengths by using tools such as Porter's Five Forces , PEST Analysis , USP Analysis , Core Competence Analysis and SWOT Analysis to analyze their current situation. They think about how their industry is likely to evolve, and how their competitors are likely to behave. They look at how they can innovate successfully , and shape their businesses and their strategies to succeed in future marketplaces. And they test their visions with appropriate market research, and by assessing key risks using techniques such as Scenario Analysis .
Mike-I think it is always a nice reminder to share a story that says to do what I do, and not just do what I say. Lately I have had the unfortunate exposure of running in to Leaders that really aren’t leaders because they don’t care about those that are they are supposed to be leading. It doesn’t matter if you are at the bottom of the so-called food chain in business or at the top, everybody’s position is important and everybody should be recognized for what they do and appreciated honestly and not superficially.