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Glossary of Performance Terminology Value A desirable or
worthy personal/organizational ideal or principle that influences individual and collective behavior. The behavioral manifestation of a strongly held belief. An organization’s
values openly declare how it expectspeople to behave.
Virtual
Team Teams consisting
of people who primarily interact electronically to work across time, space, and organizational boundaries.
Vision
A conceptualization
of what an individual or organization intends to become. It incorporates a person
ororganization’s mission and values and articulates a long-term direction. An effective vision statement gives as concrete a picture as possible of a desired state and articulates a mental image
that helps lend shape to an abstract future. Vision Statement
A concise
statement that describes an organization’s vision.
Visualization The
technique of using one's imagination to describe the elements and characteristics of a specific desired
outcome.
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