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The Double Win

#103: 4 Strategic Benefits of Having a Vision | LTW Favorite

The Double Win

Michael Hyatt

Management, Intentionality, Selfdevelopment, Education, Teamleadership, Personaldevelopment, Productivity, Self-improvement, Business, Achievement, Influence, Selfleadership, Leadership

4.81.5K Ratings

🗓️ 22 June 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

As a leader, you know you’re responsible for the vision of your company. And you have one—sort of. It exists in the back of your head, but it’s really hard to get it down on paper. There never seems to be enough time to do it. And, when it comes right down to it, you’re not all that sure why it matters. It’s hard enough to keep your business going from day to day. Who has time for navel gazing? If there’s one thing we’ve learned with over 50 years of combined business experience, it’s that vision matters! Rather than thinking of it as another task on your list. Start to see vision as a tool for creating the future you desire. In this episode, we’ll show you four ways that having a clear vision gives you a strategic advantage over your competition. When we’re done, you’ll know exactly how important this process is, and you’ll be dying to turn off the podcast and start writing a vision script of your own! Here’s what you’ll get from this episode— Get a simple, practical definition of vision. Find out why vision is a low priority for many leaders, and why that’s dangerous. Learn the best way to keep your business proactive (not reactive). Discover the biggest single pitfall of lacking vision. See how a clear vision makes it easier to make big decisions. Get tips on improving your execution by connecting it to vision. Understand why team members won’t (and can’t) follow a leader who lacks vision. Get clear on the best way to keep yourself (and your team) focused when things get tough. Learn the very best way to make your vision real for your team. Get fired up about articulating your own vision for the future! After you’ve listened to this episode, here’s your next step. Download our free resource 3 Strategic Pitfalls to Avoid in 2020, and use it to begin formulating your vision for the next three to five years. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Hey, everybody. It's Nick and we're continuing our run of some of my favorite episodes of

0:06.1

Leeds Who In while Michael Meckin are out. And so this episode actually is the first of

0:12.9

a series of episodes that we did back at the beginning of 2020 about Vision. And actually

0:19.6

it was part of the launch for Michael's book, The Vision Driven Leader. And look, I've

0:24.4

been running a podcast company for a long time. And something about asking me to think about

0:30.4

my vision was super important. Look, I listened to all these episodes. I sit in studios with Michael

0:36.2

Meckin. I get all this advice up close. I have access to them and these ideas. And it was really

0:42.2

this vision concept that was so important to me personally. And so I think that if you missed

0:48.9

it the first time or you were in a different stage of your career or life or whatever,

0:53.0

that you should check these out and start with episode number 103, which is what we're going to

0:56.5

do today. And then it's the next few after that. So give it a listen and I hope you enjoy.

1:05.4

Hi, I'm Michael Hyatt. And I'm Megan Hyatt Miller. And this is Lead To Win, our weekly

1:09.8

podcast to help you win at work and succeed in life. And today we're going to be talking about

1:13.6

something that every leader needs, but a surprising number of leaders don't value. And that's vision.

1:23.2

This is really one of those things that is often at the bottom of a leader's to-do list because

1:31.9

daily operations can feel like they just take up all the time. That's where the urgency is,

1:36.0

that's where the fires are. And vision just seems far out. Something I don't need to worry about

1:40.4

right now. And consequently leaders will just downplay the need for it. Or maybe they're confused

1:48.0

by how to create it. This can feel mystifying, can feel confusing and hard. But it's very

1:54.4

difficult to successfully run and lead a business into the future unless you have vision.

1:59.2

It's true. A lot of leaders look at this and think it's optional. And that's true. It is optional.

2:03.5

It's only essential if you want to be effective. If you want to be effective as a leader,

...

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