When asked, 98% of executives listed the most important characteristic of effective strategic leaders as having a "strong sense of vision" first. Surprisingly, 90% of those surveyed also expressed a lack of confidence in their own ability to create a vision. Many organizations that have vision statements find that employees do not embrace and pursue the visions. Having a well-formulated vision can give an organization an edge over its rivals. Why can having a well-formulated vision give an organization an edge over its rivals