Vision is a key quality for business leaders. Profiles of just about all the titans of industry will extol how they were visionaries, had great vision, or saw things differently than others. This may be true, but what is also true is that there is a limit to vision. A place beyond which even the most savvy business person just can’t see.
This uncertainty, this risk, paralyzes some people. The simple reality of not knowing leads these people to inaction and fear, which inevitably means missed opportunities. The question, then, is how do you manage this risk? How do you overcome the doubt produced by limited vision?
Have a plan based on the best information you have.
Execute on this plan. When the fog that limits your vision clears, adjust the plan as necessary and execute again. You can never know everything, you can only do the best with the information you have. Be proactive, even if that means waiting for your time to act. Vision is about seeing more from the information you have, not seeing further than everyone else.