Vision and execution work in conjunction with planning. But the former is long-term while the latter is real-time. Vision can sometimes hinder fair business competition because of this very conditioning factor.
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both work hand in hand to get to the target good, you won't have a vision without working hard to execute it.
Balancing vision and execution is a delicate interplay in business. While vision sets the long-term course, real-time execution brings plans to life.
You’re right about Vision being long term. Most times the Competence and Vision walks side by side. You need competence to help achieve most visions. I do not think vision hinders fair business competition. The Vision produce competition