Date post: | 21-Jan-2015 |
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Small Business & Entrepreneurship |
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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.