Thursday, November 15, 2012

Vision: Looking At the End from the Beginning


What Vision Is

A King James Version of the Bible says that “without vision the people perish.” Vision has been a fundamental principle throughout history due to its innate ability to stimulate hope in people. For example, as a fly fisherman vision is cast before a fishing lure in order to ensure the time, resources, and energy are utilized to their fullest capacity. In the movie A River Runs Through It, Paul, a character played by Brad Pitt, beautifully displays his vision each occasion taken to fly fish in the nearby Blackfoot River. With each trip Paul is depicted with a look of determination to bring home not one, but several Brown and Rainbow Trout. This zeal is then executed in an artful display as Paul tactfully casts his line upon the water to entertain and cajole his audience to impulsively act on their instincts and bite the lure.
The culmination of A River Runs Through It is witnessed in Paul’s enduring performance to catch a fish who does not reel-in as easily as others. Paul’s vision becomes tested significantly more than past casts. In order for Paul to catch this fish, he must survive being pulled with the fish down the powerful rushing river containing rapids, rocks, and tree limbs. However, having the image of completely reeling in the fish, every necessary action is taken regardless of backlash, fight of the fish, or bruising from being pulled into oncoming rocks. After a considerable change in traditional fly fishing measures, Paul is rewarded for the strides taken toward his vision.
Jick says the true value of a vision is to guide behavior. There is no question that Paul’s victorious experience with the Hawg-like trout was led by an adapting behavior. In order to become the recipient of Paul’s end objective, it was necessary for him to adjust his behavior by degrees in order to attract, set the hook, and successfully bring home the prize.
This fly fishing event is further supported as the result of vision when Jick identifies various characteristics of vision being memorable, exciting and inspiring, challenging, excellence centered, and tangible. Each of these attributes has been peppered throughout Paul’s story, especially the experience being excellence centered. Paul’s brother Norman said of this awe-inspiring occurrence that “he knew at that moment he was witnessing perfection.” [1]These words hold considerable weight considering the majority of Norman and Paul’s childhood was spent fly fishing together. Over the many years fly-fishing, Paul’s expertise had developed into near perfection in the sport. His ability to visualize his objective, recognize the need to be a creator of circumstances, and shift behaviors to meet the demands of his craft’s vision became incredibly fruitful.

What Vision Is Not

Without a strategic process to meet the demands vision, vision becomes merely a nice thought. If it is not effectively constructed, shared vision can be perceived as being unrealistic and be met with skepticism. Vision is not a whimsically conceived idea in the mind and then quickly announced as the current guiding element for the organization. Rather, in most cases, vision is developed over-time; as an idea is planted in the mind, and then refined and supported with purpose, tactic, and accountability.

How Failure to Create Effective Vision Does Not Lead to Success

In the article The Vision Thing it is said that “vision is considered fundamental for helping a firm, quite literally, visualize its future.” In 2011, an effective visionary forecast was not well executed by Reed Hastings (Hastings), the Chief Executive Officer (CEO) of a popular DVD-by-mail business called Netflix. Rather than craft a vision with a long-term strategy, Hastings announced a change with the hopes for a short-term gain in profit margin. Without considering the end results to his subscriber base, Hastings introduced the separation of DVD and streaming into two payment plans and price increase changes in an e-mail. In addition, the formerly all-encompassing service offered at a reasonable one-time fee, would not be called Netflix anymore, but would be changed to Qwikster. [2]
 Jick says that vision “grabs people” to feel proud of something they can contrast with the realities of today and tomorrow. Hastings decision to make extremely drastic and abrupt changes did not grab people in a positive manner what-so-ever. In fact, almost 800,000 subscribers cancelled their Netflix memberships in the quarter after the e-mail announcement was sent. [3] Additionally, in just a couple of months their stock price plummeted from around $300 per share in July 2011 to about $69 per share in November 2011.[4] As a change implementor, Hastings’s experience not creating an effective vision is analogous to an Indiana Jones movie Jick describes in Implementing Change, “It started out with a real nice beginning. Then suddenly we got one disaster after another. The boulder just missed us, and we got the snake in the cockpit of the airplane—that’s what it’s all about! You’ve got to be down in the mud and the blood and the beer.” However, Jick uses this analogy to describe how implementing visionary changes can lead to success.

How to Develop Vision

According to Jick, visions have been created in many different ways. Sometimes personal experiences and inspiration is sufficient to create effective vision. However, most organizations craft their vision based on a systematic process of information-gathering. Either way, whether this process takes places at a workshop or off-site retreat with key players or via public relations or advertising staff, I agree with Jick when he says that the three most common are: CEO/leader developed, CEO-senior team develop, and bottom-up developed. What these three groups have in common is the leader at the top.
The CEO/leader must be heavily involved in the process of developing effective vision as he/she naturally commands acute communication sensitivity from the constituents involved. When this leader speaks, it is authoritative in nature, and is received as the guiding resource for all upcoming organizational activities.
Warren Bennis discovered that when creating vision for long-term success, a study of the top leaders throughout history indicates that a visionary CEO/leader must adequately search for ideas until there is a clear on concise vision that articulates a strategic direction and cultural values, and then motivate the organization to adopt the vision through as many persuasive communication channels as available. Also, since most of the recipients of change will not understand or embrace the vision immediately, it will be critical that leadership at all degrees advocate an empathetic approach to understand concerns and how the vision affects people as an individual and as a department. The vision should concentrate of the rudimentary strengths of the organization and resonate with how the people being guided by the vision can grow as a bi-product of the implemented vision.  Measures of success must also be enacted in order to assist the organization in being accountable to the end results.

How Creating Effective Vision Can Lead to Success

Effective visionaries are born out of many years of persistence, patience, and improvement. Over the many years fly-fishing, Paul’s expertise had developed into near perfection in the sport. Eventually, he developed an incredible ability to visualize his objective, recognize the need to be a creator of circumstances, and shift behaviors to meet his visionary objective. These characteristics were developed from his childhood.  
In the case of Netflix, Hastings may have had vision, but in order to execute it effectively it should have had the long-term interests in mind for stakeholders. If he would have delineated the impact to the organization in the long-term, considering the role he plays as a change leader, the stock price of Netflix may have risen over $300 a share instead of the 60% decline they devastatingly experienced.
When crafting effective vision, the end result of success must be defined. Next, distinct and measurable tactics should be directly correlated with the end objectives to ensure accountability and to instill an increase in motivation to that end.




Bibliography


1.
Drew. (n.d.). A River Runs Through It Script. Retrieved November 15, 2012, from Script-o-rama.com: http://www.script-o-rama.com/movie_scripts/r/river-runs-through-it-script.html
2. Fox Business. (2011, September 19). Netflix CEO Aplogizes, Renames DVD Division Qwikster. Retrieved November 15, 2012, from FoxNews.com: http://www.foxnews.com/tech/2011/09/19/netflix-splits-in-two-renames-dvd-division-qwikster/
3. Pepitone, J. (2011, October 24). Netflix loses 800,000 Subscribers. Retrieved Novemeber 15, 2012, from CNN Money: http://money.cnn.com/2011/10/24/technology/netflix_earnings/index.htm
4. Reisinger, D. (2011, November 23). How low can Netflix's stock go? Much lower, analysts say. Retrieved November 15, 2012, from cnet.com: http://news.cnet.com/8301-13506_3-57330305-17/how-low-can-netflixs-stock-go-much-lower-analysts-say/



 



[1] (Drew)
[2] (Fox Business, 2011)
[3] (Pepitone, 2011)
[4] (Reisinger, 2011)

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