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All main topics / BWL / Personalwirtschaft / Management II
40
Why is a vision essential in a change process?
• The purpose of a vision in a change process
 Clarifying the general direction for change
 Motivating people to take steps in the right direction, even if they are initially painful
 Helping to coordinate actions of different people

• The relationship among vision, strategies, plans and budgets
Leadership creates vision (a sensible and appealing picture of the future) and strategy
-> Management plans the budget
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Flashcard info:
Author: Egregius
Main topic: BWL
Topic: Personalwirtschaft
School / Univ.: Universität Mannheim
Published: 11.03.2010

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