Cover of Beyond Entrepreneurship by James Charles Collins, William C. Lazier - Business and Economics Book

From "Beyond Entrepreneurship"

Author: James Charles Collins, William C. Lazier
Publisher: Business & Professional Division
Year: 1992
Category: Business & Economics

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Chapter 4: Vision
Key Insight 3 from this chapter

The Collins-Porras Vision Framework Overview

Key Insight

The Collins-Porras Vision Framework was developed to demystify the concept of vision, which is often perceived as fuzzy despite its recognized importance for greatness. It offers a concrete and useful approach to setting a coherent corporate vision by breaking it down into three core, interconnected components: Core Values and Beliefs, Purpose, and Mission. This structure aims to provide clarity and preserve the inherent spark of vision, moving beyond ambiguous terminology.

To illustrate the relationship between purpose and mission, an analogy describes pursuing a guiding star across a mountain range. The purpose is the 'guiding star,' an eternal ideal always on the horizon, never fully attainable, but consistently pulling the organization forward and providing its ultimate reason for being.

The mission, in this analogy, represents the 'specific mountain you are climbing at any moment.' It is a focused, achievable goal for a defined period, requiring concentrated effort. Throughout this entire journey, from the overarching purpose to the specific mission, the organization remains steadfastly true to its core values and beliefs, which serve as the fundamental, unchanging foundation of its actions and identity.

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