Defining the business vision
The business vision is something that is the core of what your business is supposed to do. A rightly defined business vision provides an aim and the goal to the business. It gives a sense of direction and guides you on the right path. It is the first step in formulating any strategies or plans. Setting the right business vision will help in establishing the right direction for our platform. Defining the business vision is the first step toward defining the platform strategy. Once the business vision is specified, it enables the definition of the business strategy, which then helps in formulating the platform strategy.
Before going into the weeds of creating the platform strategy, we should understand how to define the business vision.
Steps for defining the business vision
Business vision should clearly mention the business's objective and where you see your business a few years down the line. It must be precise and straightforward and should...