A vision statement is a concise declaration that outlines an organization's long-term goals and aspirations. It serves as a guiding star, helping to align the efforts of employees and stakeholders towards a common future. A well-crafted vision statement is inspirational and forward-thinking, providing a clear picture of what the organization aims to achieve. Typically, vision statements are used by businesses, non-profits, and other entities to communicate their purpose and direction. They often reflect the values and culture of the organization, motivating team members and attracting customers or supporters who share similar ideals. Examples of effective vision statements can be found in companies like Google and Tesla.