Killian decides that he needs a few days away from it all to think out his ideas.He takes up an offer from a friend to spend a few days in his mountain cabin.During this time,Killian imagines what his business will look like in 3 years.He pictures his customers using his product and coming into his facility.Killian is engaging in a practice called ______.

Question

Quizplus · Accepted Answer

Killian is engaging in a practice called Vivid Vision, which involves creating a detailed visualization of what the business will look like in the future, including the customers, facilities, and products. This is a form of strategic planning, but the specific term for this type of visualization exercise is Vivid Vision. Detailing is not a term commonly used in business strategy, and Business Model Canvas is a tool used for analyzing and mapping out a business model, not for visualizing future growth.

Killian Decides That He Needs a Few Days Away from It