The purpose of this exercise is to give you practice on a key aspect of strategic leadership, articulating where you want your organization to be, and how to arrive at that in future.
Step1 write down at the bottom of a page a brief description of where the organization is today. This might include product or service offerings, annual revenues, and number of employees.
Step 2 write down where you want the firm to be at a future date
Step 3 write down what must be done to get from Step 1 to Step 2. You have therefore created future goals for your organization and the strategy required to achieve those goals (or vision).