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Corporate Vision
A statement that outlines the long-term goals and aspirations of a company, providing direction and motivation for its strategic initiatives.
Implications
The long-term aspirational goal of a company, describing what it aims to achieve in the future and guiding its strategic direction and decision-making processes.
Example
Example: A renewable energy company�s corporate vision is to become a global leader in sustainable energy solutions, driving its investments in wind and solar power technologies.
Related Terms
Different from mission statements, which focus on the company�s purpose and current operations, a corporate vision is forward-looking, outlining future aspirations.
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