This document discusses the importance and characteristics of vision and vision statements for leadership. It defines vision as imagined ideal future goals and ends that are realistic and attractive. An effective vision should be clear, challenging, inspiring, and people-oriented. When crafting a vision statement, leaders should involve team members and ask questions to understand what they want for the future. Communicating the vision with passion and serving as a role model are important for helping the team embrace the vision. Examples are provided of Disney's vision for Disneyland and Martin Luther King Jr.'s vision of freedom and equality. An achievable and shared vision can power an organization towards excellence.