Archives: Glossary Terms

A business strategy in construction where a company controls multiple stages of a project, such as design, material supply, and construction, to increase efficiency and reduce costs.

Vision alignment refers to the extent to which an organization’s strategies, operations, and culture are consistent with and supportive of its vision statement. Achieving vision alignment requires clear communication, stakeholder engagement, and ongoing monitoring and adjustment to ensure that all aspects of the organization are working together towards the desired future state.

Vision communication refers to the process of sharing, explaining, and promoting an organization’s vision statement to internal and external stakeholders. Effective vision communication requires clear and compelling messaging, delivered through a variety of channels and tailored to the needs and interests of different stakeholder groups.

A description of an organization’s desired future state and long-term aspirations, often more abstract and far-reaching than its mission statement.

The structured, collaborative process of developing and refining an organization’s vision statement, typically involving input and engagement from a diverse group of stakeholders. The visioning process may include activities such as brainstorming, stakeholder analysis, and scenario planning.

Facilitated sessions that bring together key stakeholders to generate ideas, insights, and alignment around an organization’s future vision. Visioning workshops often use a variety of creative and collaborative techniques to encourage bold thinking and build consensus.

A technology used to track and monitor the usage of a physical location while providing temporary credentials.

A sacrificial structure placed under concrete slabs or foundations to create space that prevents soil expansion from exerting pressure on the structure.

Organic chemicals that have a high vapor pressure at ordinary room temperature, many of which have short- and long-term adverse health effects.

A legal document signed by a contractor, subcontractor, or supplier relinquishing their right to file a lien against the property after receiving payment.