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19 Common Characteristics All Visionary Leaders Have

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visionary leadership qualities

When you look at business leaders like Bill Gates, Sam Walton, Sir Richard Branson, and philosophers like Bertrand Russell, Martin Heidegger, Ludwig Wittgenstein, David Bohm,  C. S. Peirce and inventors like Nikola Tesla, Paolo Soleri, Harvey W. Bailey, Thomas Edison, Alexander Graham Bell and Wright brothers and political leaders like Mahatma Gandhi, Martin Luther King, Jr. and Aung San Suu Kyi, it becomes very clear that they are all connected through one leadership—visionary leadership.

They might belong to different streams, but they are all visionary leaders at heart with an urge to take up leadership roles and make a difference in society. 

Any leadership starts with vision followed by mission and execution.  Therefore, vision becomes the bedrock of leadership.  It is the first pillar that sets things in motion.  Leadership alone focuses on vision not management as the latter deals with mission. 

A person’s vision comes from his convictions.  It comes from his passion.  It comes from his values.  It comes from his ethics and etiquette.  Vision makes things easier and clearer for others.  It clears the clutter and makes the path free from obstacles. 

Visionary leadership is not conventional leadership.  It is different and unique from normal leadership.  The primary focus of visionary leadership is to emphasize passion and vision and subsequently on mission followed by execution for achieving organizational goals and objectives.  It links from the present to the future.  

Succinctly visionary leadership is all about looking into the future and predicting the future.  It is all about seeing the invisible.  It is being enthusiastic about uncertainty and complexity. 

Here are the most common characteristics of visionary leaders.

  • Visionary leaders are farsighted and always look at the implications and complications while making decisions.   They go by the road less traveled.  They don’t indulge in continuous firefighting as it diverts their attention from their goals.   They are focused on their goals and objectives. They constantly change their strategies, styles, and approaches but not their goals.  
  • They take a long time to fix their goals.  Once goals are fixed they commit to them through thick and thin and work towards them.  They have gut feelings and follow intuition. 
  • They inspire others.  They are attentive listeners.  They facilitate teams successfully. They mobilize people towards their dreams successfully.  They have the charisma to connect with their people. 
  • They focus keenly on the journey to reach their destination. They endeavor to be within the track so that they don’t lose sight of their destination. 
  • They have vision and vigor. 
  • They focus on long-term results, not short-term setbacks.  They are highly focused on their goals. 
  • They lead from the front.  They inspire their people and take them forward energetically. 
  • They are imaginative at heart.  They have ideas and insights and are bold to take their people forward successfully.
  • They believe in themselves. They know where they are going.  They hardly care whether they are liked by others.  They mind their business and their goals. They are undeterred by shocks and setbacks. They are prepared to risk their lives for the sake of their people.
  • They dislike micromanaging.  
  • They are very clear and are highly focused. They continuously align themselves toward their goals despite external pulls and pressures.
  • They are born optimists and radiate positive energy and enthusiasm. 
  • For them, there are no failures but only lessons.
  • They take the blame in case of failure and spread the fame in case of success. 
  • They show visual pictures to their followers to accomplish organizational goals and objectives. Vision gives a kick to the people. It takes the people forward with energy and enthusiasm. 
  • They are path-makers and destiny makers
  • They combine emotions to convey and communicate their goals. 
  • Above all, they are moral leaders who walk the talk.

What is Vision and Mission?

Vision is all about seeing the invisible through imagination.  However, the mission is all about executing the activities.  Vision indicates where one wants to go and mission directs how one must go.

Visionaries always look for what is possible by discovering the potential and missionaries adopt through the right planning and execution. The visionaries are directors and the missionaries are actors.

Importance of Vision and Vision Statement

Vision enhances organizational excellence and effectiveness. It enhances the commitment of employees towards the organization.  It helps employees move in a specific direction in which the organization intends to move.  

Vision statement is the highest order of goals that takes the organization to the tipping point. It is for the long term that can transform the organization and keep it different from others. 

In contrast, the mission statement is different from the vision as it may change from time to time as the strategies to reach organizational goals and objectives change from time to time.

A vision statement serves as a catalyst.  It plays a pivotal for the success of any organization. It should be clear, crisp, simple straight, and above all jargon-free. It must energize employees to contribute their best.

They must be able to take pride and be proud of the organization.  There are no fixed rules and regulations and no fixed formula for crafting a better vision statement.   For instance, GE’s vision statement is “To become #1 or #2 in every market we serve and revolutionize this company to have the speed and agility of a small enterprise.” 

The idea of the vision statement is to ensure that all employees have one visual image of the organization connecting everyone emotionally, ethically, and energetically.  Besides, it must transform with changing times and technologies.  

However, the core content must remain the same and it should not be diluted because the company has been founded on fundamental ideas and ideals.

How to Craft Your Vision Statement

The vision statement must preferably be below 100 words and in the present tense to have effectiveness.  It requires the imaginative mind to craft one.  

We shall look at a few tools to craft a better vision statement. 

  • Vision must spell out a clear and compelling picture so that there is a strong reason to pursue and persevere. It must be audacious and SMART which is the acronym for specific, measurable, attainable, realistic, and time-bound. 
  • It should be simple and straight and challenging and inspiring.  
  • It must convey the company’s value system, culture, ethics, and etiquette.  It should never be a mere rhetoric but must be realistic.
  • It must be challenging enough so that people can put in their energies and efforts aggressively.
  • It must neither be too short nor too big.  It must convey the ideals and ideas of the organization for which it stands and aspires to achieve.  
  • Avoid jargon and buzzwords as it ensures better clarity.

When the vision statement is made to compete with another firm, the company must revise its vision once it is successful.  Besides, if the company reaches the target of magical numbers then it has to revise its vision statement.

Vision helps us to get prepared today for tomorrow.  It is like goal setting.  As individuals set their goals, the organizations also set their goals.  

It is like where they want to go.  And mission serves as a roadmap to reach their vision.  Succinctly mission spells out how they accomplish their vision.  

Vision is closely connected with leadership.  Legendary business leader, Jack Welch successfully articulated his vision and took GE to the tipping point through his visionary leadership.  

To put it in the words of Peter F. Drucker, “Leadership is lifting a person’s vision to higher sights, the raising of a person’s performance to a higher standard, the building of a personality beyond its normal limitations.” 

Political visionary leaders such as Theodore Roosevelt and Martin Luther King Jr have provided direction to America when needed.  Besides, John F Kennedy envisioned putting a man on the moon through his visionary leadership. 

To conclude, there should not be any gap between preaching and practicing to make the vision meaningful and realistic.  Companies must mobilize their people around a common cause by crafting better vision statements. 

The success of any company depends on its right presentation of vision statement and execution of mission statement and that is possible only through visionary leadership. 

Professor M.S. Rao, Ph.D. is the Father of “Soft Leadership” and the Founder of MSR Leadership Consultants, India. He is an International Leadership Guru with forty years of experience and the author of fifty books including the award-winning ‘See the Light in You’ URL: https://www.amazon.com/See-Light-You-Spiritual-Mindfulness/dp/1949003132. He is a C-Suite advisor and global keynote speaker. He brings a strategic eye and long-range vision given his multifaceted professional experience including military, teaching, training, research, consultancy, and philosophy. He is passionate about serving and making a difference in the lives of others. He is a regular contributor to Entrepreneur Magazine. He trains a new generation of leaders through leadership education and publications.

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Success Advice

How to Alter Your Business Approach With Technological Advancements

Keeping up with technological trends has become a challenge for almost every business owner.

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Image Credit: Midjourney

Technology’s evolution has impacted everything, and business is no exception. Keeping up with technological trends has become a challenge for almost every business owner. Entrepreneurs unable to do so are being wiped out of the market.

There is no doubt that AI (Artificial Intelligence) and ML (Machine Learning) have taken over the business world. These technological advancements are impacting decision-making, success percentages, and other entrepreneurial aspects.

Adapting to these developments is integral to business success. Let’s explore how you can accomplish these milestones.

Embed the strength of AI and ML.

AI has modified business operations in major ways. For instance, companies have employed bots for customer support. These bots go through an effective learning process via Machine Learning before being able to answer like humans.  

Bots can also perform detailed data analytics and make business moves with high success percentages.

ML is used more for the analysis of data chunks and generating successful predictions. This simply means that business owners do not have to worry about large-scale financial losses. 

In terms of deployment and usage, a reputed company like Netflix employs machine learning for decision-making.

Blockchain is increasing the count of business opportunities

Tampering of financial transactions is quite common and causes severe monetary damage to customers. With the rise of digital payments, this risk has increased. 

Blockchain is used to elevate your experience for monetary transfers. It combats penetrating events to extract confidential customer information. 

Most business sectors are using block chain but finance and supply chain management sections have a higher count. These two corporate sections have several monetary deposits and withdrawals taking place. 

In terms of percentage, approximately 72% and 5% of finance and supply chain firms have implemented block chain successfully.

Dedicate Yourself to Continuous Learning and Individual Development

You invest in learning some of the very important skills, including digital marketing, financial management, and how to gain customers as an entrepreneur.

You need to set up your knowledge base about doing business on Coursera and Udemy with the basics that are necessary for the business, building further by networking with experts through webinars.

Besides, Agile methodology will introduce elasticity to your company: this review and feedback system with further correction regularly will allow for enhancing efficiency and promptly reacting to the market.

Developing key skills to achieve goals

Running a business successfully is not only about having niche/domain knowledge. Business owners need to have communication / soft skills as well in addition to niche information.

Here are some key technical/domain-related areas that business owners should have a strong grip on.

Data Storage on Cloud: These days, companies do not store their data on physical servers. Therefore business owners should know how data is stored/edited/removed/updated via AWS, Azure, Google Cloud, and other platforms.

Data Analysis/Interpretation Qualities: These days, data is as precious as gold. Business owners with data analysis abilities make correct predictions. As a result, their ventures grow in volume.

Development/Coding Knowledge

Programming knowledge gives business owners an edge whether the application is developed in-house or outsourced. It assists in getting updates deployed and handling application underperformance without getting professional support every time.

Hacking proof framework

There is no benefit of having an advanced automated system if can be penetrated. Successful business owners have above-average knowledge of cyber security and hacking attempts. They are able to choose top-notch anti-hacking software without much of an ambiguity.

Communication Abilities/Soft Skills

Here are some key communication qualities that business owners should have:

Communication/Conversation: Business owners should use to-the-point sentences in both written and oral communication.

Issue Resolution Abilities: Business owners should be able to drill down to problems and solve them. This is done successfully only if an entrepreneur has in-depth business domain knowledge.

Agile Implementations

It is mandatory for business owners to have knowledge of iterative/agile models. With such a competitive environment, it is impossible for business owners to succeed without adopting an agile framework.

Create a productive well-crafted Business Strategy

A productive business venture starts with a clear vision. The first factor making a business successful is the idea behind it. It helps with endless growth and combating competition successfully. Katherine Philips once mentioned that business goals are inevitable if goals are set concretely.

  • Goals should be based on smart achievements instead of complexity. Focus on the value that each one of them adds. 
  • Business objectives should not be vague. Key indicators should be constructed to measure the success/failure of each milestone.
  • Be realistic when setting goals. Do not aim at impossible milestones since they can be demotivating.
  • Milestones/goals need to be time-bound. Set a completion deadline for each one of them. 
  • Business goals should not be alien. Owners can think out of the box but not be obsolete / unrelated.

Create a productive well-crafted Business Strategy

Business owners cannot succeed without having a network. Some tips help in this case. Attend conferences and professional gatherings to connect with other entrepreneurs.
Here are some other related points business owners should pay attention to.

  • Attend meetings and conferences to stay updated with trends and meet business owners who already have well-set ventures. This helps in enhancing the learning curve of new / growing entrepreneurs.
  • Being a part of business communities/groups is very productive. When one shares opinions and discusses decision-making tactics, it helps in preventing errors and enhancing success rate.
  • Even the most experienced business owners have mentors as learning never stops. Take part in mentorship programs so there is an assurance that you are following the correct roadmap.

Conclusion

There is absolutely no doubt that business dimensions have evolved with technological advancements. Successful entrepreneurs have grabbed these changes in due course of time and continue to evolve. On the other hand, people following old paths and conventional steps fade out of competition. In a nutshell, keep an eye on the processes and practices you follow as these factors decide success rate.

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Success Advice

Understanding the Power of Yes and No: How to Create Boundaries For Success

These words have a significant impact on how our success unfolds

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The two smallest yet most powerful words in life, “Yes” and “No,” have a big impact on our growth on both personal and professional levels. In addition to affecting the choices we make every day, these words have a significant impact on how our success unfolds. (more…)

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Motivation

From Couch Potato to Go-Getter: A Step-by-Step Motivation Plan for Everyone

By understanding what motivates you, you can turn your dreams into reality

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How to be motivated
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Are you tired of feeling like a couch potato? Do you want to transform your life and become a go-getter? You’re not alone! Many people struggle with motivation, but the good news is that change is possible. (more…)

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Success Advice

10 Micro Financial Habits for More Wealth and Peace of Mind

The World Economic Forum still reports that half of U.S. adults lack financial literacy

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micro financial habits
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You’ve heard about developing financial habits, but what about micro-financial habits? Micro habits are the tiny things you can do every day with minimal effort that, together, transform your future. (more…)

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