--- title: Does your business vision and passion inspire? description: Does your business vision and passion inspire? image: https://www.altusfinancial.com.au/hs-fs/file-3210420265-jpg/blog-files/altus-financial-business-vision-ghafur-barchia-sydney.jpg --- [![Logo](https://www.altusfinancial.com.au/hubfs/Logo.svg "Logo")](https://www.altusfinancial.com.au/) - [![](https://www.altusfinancial.com.au/hubfs/1.%202017%20Assets/Dark_Phone.svg)](tel:+61289083444) [![Talk with us](https://no-cache.hubspot.com/cta/default/512115/6a87cb2e-17ae-43a1-93c7-da9582e08c36.png)](https://cta-redirect.hubspot.com/cta/redirect/512115/6a87cb2e-17ae-43a1-93c7-da9582e08c36) ##### Accounting & Business Services ##### Wealth Services ##### Lending Sources ##### [Need Real-life Advice?](https://www.altusfinancial.com.au/request-a-consultation) [![Talk with us](https://no-cache.hubspot.com/cta/default/512115/6a87cb2e-17ae-43a1-93c7-da9582e08c36.png)](https://cta-redirect.hubspot.com/cta/redirect/512115/6a87cb2e-17ae-43a1-93c7-da9582e08c36) [![page-1 (5)](https://www.altusfinancial.com.au/hubfs/page-1%20(5).svg "page-1 (5)")](https://www.altusfinancial.com.au) - ![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/group-14%20(1).svg)![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/group-17%20(1).svg) - ##### MENU - [![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/phone-call%20(6).svg)![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/phone-call-2.svg)](tel:1300832962) - ##### MENU [![Talk With Us](https://no-cache.hubspot.com/cta/default/512115/11099956-4246-4311-83f2-64fc6560f370.png)](https://cta-redirect.hubspot.com/cta/redirect/512115/11099956-4246-4311-83f2-64fc6560f370) - [![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/phone-call-2%20(1).svg)](tel:+61%202%208908%203444) - ![](https://www.altusfinancial.com.au/hubfs/close.svg) CLOSE - [Instagram](https://www.instagram.com/altus_financial/) - [LinkedIn](https://www.linkedin.com/company/2339369/admin/) - [Facebook](https://www.facebook.com/AltusFinancial/) - [Business (242)](https://www.altusfinancial.com.au/blog/topic/business) - [Strategy (150)](https://www.altusfinancial.com.au/blog/topic/strategy) - [Wealth (142)](https://www.altusfinancial.com.au/blog/topic/wealth) - [Super (56)](https://www.altusfinancial.com.au/blog/topic/super) - [CFO (48)](https://www.altusfinancial.com.au/blog/topic/cfo) - [Growth (38)](https://www.altusfinancial.com.au/blog/topic/growth) - [Business Succession (25)](https://www.altusfinancial.com.au/blog/topic/business-succession) [![Helpful Resources](https://no-cache.hubspot.com/cta/default/512115/11b7293b-309b-4f1b-af85-27ec1dd19a35.png)](https://cta-redirect.hubspot.com/cta/redirect/512115/11b7293b-309b-4f1b-af85-27ec1dd19a35) Request a Consultation - Close![](https://www.altusfinancial.com.au/hubfs/Assets%20Jan%202019/Images/close%20(3).svg) ## Request a Consultation - [Wealth](https://www.altusfinancial.com.au/blog/topic/wealth) - [Super](https://www.altusfinancial.com.au/blog/topic/super) - [Tax](https://www.altusfinancial.com.au/blog/topic/tax) # [Division 296 tax: what high-balance super members need to do now](https://www.altusfinancial.com.au/blog/division-296-tax-what-high-balance-super-members-need-to-do-now) From 1 July 2026, Division 296 will introduce additional tax on superannuation balances above $3 million. For many Australians, this will be a marginal change. For high-balance super members, it’s something more significant — a shift that could reshape how sup..... ###### Altus Team #### Latest Posts [Wealth](https://www.altusfinancial.com.au/blog/topic/wealth), [Super](https://www.altusfinancial.com.au/blog/topic/super), [Tax](https://www.altusfinancial.com.au/blog/topic/tax) ##### [Division 296 tax: what high-balance super members need to do now](https://www.altusfinancial.com.au/blog/division-296-tax-what-high-balance-super-members-need-to-do-now) [Business](https://www.altusfinancial.com.au/blog/topic/business), [FBT](https://www.altusfinancial.com.au/blog/topic/fbt), [Accounting](https://www.altusfinancial.com.au/blog/topic/accounting) ##### [Common FBT Questions and Answers](https://www.altusfinancial.com.au/blog/common-fbt-questions-and-answers) [Super](https://www.altusfinancial.com.au/blog/topic/super), [Business](https://www.altusfinancial.com.au/blog/topic/business) ##### [Pay Day Super Is Coming: What SMEs Should Be Doing Now](https://www.altusfinancial.com.au/blog/pay-day-super-is-coming-what-smes-should-be-doing-now) [Lending](https://www.altusfinancial.com.au/blog/topic/lending) ##### [Supporting the Next Generation into Property](https://www.altusfinancial.com.au/blog/supporting-the-next-generation-into-property) [Wealth](https://www.altusfinancial.com.au/blog/topic/wealth), [Budget](https://www.altusfinancial.com.au/blog/topic/budget), [Risk](https://www.altusfinancial.com.au/blog/topic/risk) ##### [Rising Insurance Premiums: What’s Really Going On, and What You Can Do About It](https://www.altusfinancial.com.au/blog/rising-insurance-premiums) [Strategy](https://www.altusfinancial.com.au/blog/topic/strategy), [Business](https://www.altusfinancial.com.au/blog/topic/business) - 3 min read ## [Does your business vision and passion inspire?](https://www.altusfinancial.com.au/blog/does-your-business-vision-and-passion-inspire/) ###### Altus Team - SHARE: - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://www.altusfinancial.com.au/blog/does-your-business-vision-and-passion-inspire/) - [**](https://www.twitter.com/share?url=https%3A%2F%2Fwww.altusfinancial.com.au%2Fblog%2Fdoes-your-business-vision-and-passion-inspire%2F) - [**](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.altusfinancial.com.au%2Fblog%2Fdoes-your-business-vision-and-passion-inspire%2F) We have found that a common challenge for business leaders is to make their vision and passion for the business clear and relevant enough so that it keeps them and their team inspired to perform. Too often we see business owners spending too much time on the day-to-day tasks. It is easy to lose sight of the big picture and as a result, opportunities may pass them by. From our clients' experience and even our own, we have seen some effective ways to use your vision and passion to inspire performance. The more time you spend doing work that is planned, purposeful and systematic the better chance you have at success. Achieving the focus needed to become proactive requires continuous improvement and commitment. ![](https://www.altusfinancial.com.au/hs-fs/file-3210420265-jpg/blog-files/altus-financial-business-vision-ghafur-barchia-sydney.jpg) ### 3 Tips To Harness Your Business’s Vision #### 1. Make your vision compelling and meaningful - A vision needs to portray a situation that is different and better than today, because if it’s not significantly different and aspirational, then it’s just an observation of today; - A reasonable time frame (i.e. 2 to 4 years). This will allow accountability as well as making the vision more tangible; - Financial success is not enough of an inspiring vision. Articulating an aspiration that will benefit more than the company and the individual will have a greater chance of appealing to people’s values, which will build a stronger alignment; - Focus on winning the hearts and minds of the most influential people in your organisation (this is not limited to senior management); - Allow people to frame the story in their own way. This will help spread the vision and give it more credibility. #### 2. Make it easy to follow - Reward and recognise early adopters of the vision and those that share your passion; - Link behaviour to rewards & consequences; - Build the right structures, processes and systems that will support people to achieve the vision; - Acknowledge that not everyone is up for the ride and you may need to refresh the talent pool; - Equip people with the tools and resources to achieve the vision that increases both the technical and relational skills required. #### 3. Take the Lead - The senior leadership team need to be transparent with their own experience of striving to achieve which includes how they react to failure as well as celebrating success; - Make a big deal of symbolic acts and celebrate wins. [![Does your business vision inspire?](https://no-cache.hubspot.com/cta/default/512115/271b48b0-5b38-41c2-addb-ea5d1b2cf67e.png)](https://cta-redirect.hubspot.com/cta/redirect/512115/271b48b0-5b38-41c2-addb-ea5d1b2cf67e) ### **Could Your Business Benefit from an Outsourced CFO?** Set your business on the right path with this simple guide. [Access the Guide](https://www.altusfinancial.com.au/cfo-landing-page) ![Could Your Business Benefit From an Outsources CFO_Resources](https://www.altusfinancial.com.au/hs-fs/hubfs/1.Offers/Could%20Your%20Business%20Benefit%20From%20an%20Outsourced%20CFO/Could%20Your%20Business%20Benefit%20From%20an%20Outsources%20CFO_Resources.jpg?width=582&height=386&name=Could%20Your%20Business%20Benefit%20From%20an%20Outsources%20CFO_Resources.jpg) ## Financial insights you won’t delete. Delivered to your inbox weekly. ### Sign up for our newsletter ### **Prospective Business Owner** - Succession Checklist Make sure you’re on the right track with this online checklist. [Access the Checklist](https://www.altusfinancial.com.au/prospective-business-owner-succession) ![Business Owner - Succession Checklist_Resources](https://www.altusfinancial.com.au/hs-fs/hubfs/1.Offers/Business%20Owner%20-%20Succession%20Checklist/Business%20Owner%20-%20Succession%20Checklist_Resources.jpg?width=581&height=386&name=Business%20Owner%20-%20Succession%20Checklist_Resources.jpg) #### Featured authors [Adam Montana](https://www.altusfinancial.com.au/blog/author/adam-montana) [See all articles](https://www.altusfinancial.com.au/blog/author/adam-montana) [Alex Bouris](https://www.altusfinancial.com.au/blog/author/alex-bouris) [See all articles](https://www.altusfinancial.com.au/blog/author/alex-bouris) [Alex Thomaschuetz](https://www.altusfinancial.com.au/blog/author/alex-thomaschuetz) [See all articles](https://www.altusfinancial.com.au/blog/author/alex-thomaschuetz) [Altus Team](https://www.altusfinancial.com.au/blog/author/altus-team) [See all articles](https://www.altusfinancial.com.au/blog/author/altus-team) ###### Have a question for Altus Team? Connect with the author of this post and they'll get back to you. [Send a message](mailto:Chris.Pearce@altusfinancial.com.au) ![close (1)](https://www.altusfinancial.com.au/hubfs/Altus_LP_Images/close%20(1).svg) #### Related Insights [Strategy](https://www.altusfinancial.com.au/blog/topic/strategy) - 10 min read ##### [Demystifying Investment Structures: A Simple Guide for Investors](https://www.altusfinancial.com.au/blog/demystifying-investment-structures-a-simple-guide-for-investors) [Strategy](https://www.altusfinancial.com.au/blog/topic/strategy) - 9 min read ##### [Corporate Structuring Strategies: Refining Your Operations for Enduring Success](https://www.altusfinancial.com.au/blog/corporate-structuring-strategies-refining-your-operations-for-enduring-success) [Strategy](https://www.altusfinancial.com.au/blog/topic/strategy) - 10 min read ##### [Succession Planning for Family Offices: Ensuring Long-Term Continuity](https://www.altusfinancial.com.au/blog/succession-planning-for-family-offices-ensuring-long-term-continuity) [Strategy](https://www.altusfinancial.com.au/blog/topic/strategy) - 8 min read ##### [Agile Business Planning for SMEs: Navigating Uncertain Times](https://www.altusfinancial.com.au/blog/agile-business-planning-for-smes-navigating-uncertain-times) ## Financial insights you won’t delete. Delivered to your inbox weekly. ### Subscribe Here! ![page-1 (4)](https://www.altusfinancial.com.au/hubfs/page-1%20(4).svg "page-1 (4)") ##### Services ##### Company ##### Learning ##### Social © 2022 Altus Financial, All rights reserved. Altus Wealth Pty Limited ABN 55 649 956 212 is an Authorised Representative of Altus Financial Services Pty Ltd ABN 24 637 026 825 an Australian Financial Services Licensee (AFSL no. 520266). Altus Financial Services Pty Ltd is not responsible for the advice, products and services provided by Altus Accounting. Julie Azzi is a credit representative (CR No. 366834) of BLSSA Pty Ltd ABN 69 117 651 760 (Australian Credit Licence 391237).