Big Hairy Audacious Goals (BHAG)

Post on 09-Feb-2017

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Transcript of Big Hairy Audacious Goals (BHAG)

Big Hairy Audacious Goals

BHAG as your goal setting system

Don’t be afraid to give up the good to go for the great.

— John D. Rockefeller

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BITCOIN

A radical vision for the future of moneycc: fdecomite - https://www.flickr.com/photos/21649179@N00

SMART and BHAG

Short Term Certainty with Long Term Visioncc: Cedric_Ramirez - https://www.flickr.com/photos/44736910@N03

BHAG for Motivation

Common purpose with urgencycc: thirtyfootscrew - https://www.flickr.com/photos/8519457@N04

4 CHARACTERISTICS OF A GREAT BHAG LEADER.

1. Patience and humble2. Understands that “comfortable” is

the wrong feeling and place to be.3. Enthusiasm to learn4. Your behavior becomes a mirror

of the values implied within the BHAG

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3 Benefits in creating a BHAG

1. High frequency reviews.2. Collaboration.3. New skills are developed and

created.

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The BHAG Framework

1. Establish values2. Strategic vision3. Accountability4. Strategic + Tactical actions5. Attainments

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Dealing with failure

BHAG has a 50-70% chance of successcc: amphalon - https://www.flickr.com/photos/72427312@N00

4 BHAG Fine Tuning steps

1. Alignment2. Audacious and clear3. Compelling4. Actioned

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4 Types of BHAG1. Beacon2. Targeted3. Transformational4. Competitive

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BHAG Key Lessons• Great ideas bring great results• Expectations set the results• Purpose focused• Continual development

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