Vision
The impact the brand aspires to make on the world
Vision is the reason the brand goes on when the work gets hard.
Vision describes the change a brand aspires to bring about in the world: the future state it is working toward. It is distinct from mission (what we do now) and purpose (why we exist). A compelling vision is ambitious enough to be inspiring and concrete enough to orient real decisions. It gives the brand a horizon to aim for, beyond the next product launch or financial quarter.
The weakness of most vision statements is that they are written to impress rather than to guide. 'A world where everyone thrives' or 'the future of X' are common placeholders that lack the specificity to actually drive strategy. A vision that works is one that people inside the organization can use to evaluate whether a given path is moving toward it or away from it.