Corporate Visioning and Organizational Growth to Multinational Corporation

Abstract

The broad objective of the study was to examine Corporate Visioning and Organizational Growth for Multinational Corporations. The research method used was secondary research method and particularly literature review which is the use and review of data available on the internet. The secondary data sources referred to were articles and various journals. The objective of ascertaining whether a vision statement affects the organizational growth of a Multinational Corporation appears to be positive from reviewed literature because it reveals that there is a direct impact of vision on organizational growth and performance, and vision can determine the organizational ideal future condition. The other objective of ascertaining the impact of vision communication on organizational growth networks from reviewed literature can be concluded that vision communication, which can be classified as shared vision, is very imperative for organizational growth. It will position the organization well for global competition and the actualization of goals and objectives that can lead to superior performance and, ultimately, organizational growth and transformation. The study recommends that organizations that want to expand and achieve superior performance and transformation must have an inspiring vision and a vision that is properly crafted and communicated to all stakeholders of the organization in order to serve as a guiding light towards growth focus.