How LinkedIn thinks about vision
December 6, 2018
Scott Levy
First Round Capital publishes the First Round Review - a super useful online magazine that highlights tactics and strategies that have propelled their most successful startups to success.this article on LinkedIn’s management framewor k, they share CEO Jeff Weiner’s thoughts on vision and mission and the role they take.
Many people working in tech use the terms ‘mission’ and ‘vision’ interchangeably, and usually fail to implement them beyond lip service from executives. Weiner is convinced that clearly defining both, and living by them every day is a key defining aspect of building a successful technology company.
“Vision is the dream,” says Weiner. “A company’s true north. It’s what inspires everyone day in and day out. It’s what you constantly need to be aspiring to.” He defines LinkedIn’s vision as “Creating economic opportunity for every professional," where 'professional' refers to every single one of the over 3.3 billion people in the global workforce.
The mission, on the other hand, defines how the company strives to fulfill that vision. For LinkedIn, that means “connecting the world’s professionals to make them more productive and successful.” Here the term ‘professional’ is all about the company’s immediate audience of more than 600 million knowledge workers in its network, and the opportunity to change their lives.
Visions aren’t immediately achievable. They’re pie in the sky ideals that may take generations, many partnerships, and many people to achieve — and even then, perhaps only in part. Missions, however, can be defined in terms of concrete objectives, and a company can be measured by how well it achieves them, Weiner says. Most companies, even startups, will only have one or the other. But a vision without reference to what the company actually does is unmoored from reality, and may not serve its purpose to inspire and organize employees.
Weiner uses Google as a prime example of a company with a mission that includes the hallmarks of an effective vision statement: it wasn’t “to be a faster search engine that also offered marginally better first-page results.” It was “To organize the world’s information to make it universally accessible and useful.” The search engine and the company’s other products aspire to fulfill that mission. It’s how Google built a team of missionaries and not mercenaries. It’s how you can get the best people and inspire them to be great, Weiner says.
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