What is an audacious goal?
What is an audacious goal?
A big hairy audacious goal, or BHAG, is a clear and compelling target for an organization to strive for. The term was coined in the book “Built to Last: Successful Habits of Visionary Companies” by Jim Collins and Jerry Porras.
What is a Bhag example?
What is a BHAG? The simple words “crush Adidas” are an example of a so-called “Big Hairy Audacious Goal.” A BHAG (pronounced bee-hag) is a visionary business goal that will inspire employees.
How do I make a big hairy audacious goal?
A true BHAG requires a long-term commitment and cannot be achieved in three or five years. Plan on a minimum of ten years to accomplish a BHAG, possibly even two or three decades. Make sure your BHAG is doable, however—not a long shot or pipedream. It should, at a minimum, have a 50% chance of being achieved.
How do you pick a Bhag?
How to set target-oriented BHAGs:
- Make sure you’re selecting a target that’s big enough to inspire your organization, and far enough away to take at least 10 years to achieve.
- Target-oriented BHAGs aren’t short-term goals, so they shouldn’t focus on only one arm of your organization or one aspect of your business goals.
Why is Bhag important?
BHAGs help build great companies because you can’t achieve a BHAG without greatness in place. And finally, is your BHAG measurable? Using the NASA example above, they knew they had achieved their BHAG when they safely put a man on the moon and brought him back to earth.
What is your personal Bhag?
A BHAG is a 10+ year visionary goal that describes your envisioned future, and is one of the successful habits of visionary companies. A BHAG should stretch you and guide you while unifying on a focal point of effort to help you determine what to say yes and no to as you forge ahead to accomplish your goals.
Can Bhag be a smart goal?
When you are setting your BHAG® make sure it is constructed using the SMART format. When a goal is SMART, it exhibits all the following attributes: Specific, Measurable, Attainable, Relevant, and Timely. Watch my new video blog to learn how to set your BHAG®!
What is the difference between vision and Bhag?
Your purpose is your personal mission. Your direction is your personal vision – what you will accomplish in the next three to five years. As this tweet says, “Your vision should be a BHAG; a Big Hairy Audacious Goal.
What is a good Bhag?
A good BHAG can be used as a powerful mechanism to create a sense of urgency and a goal to rally around that goes far beyond your traditional stretch goal.
Who came up with Bhag?
Jim Collins
To put it simply, a Big, Hairy, Audacious Goal or BHAG — a term coined by Jim Collins and Jerry Porras in their book, Built to Last: Successful Habits of Visionary Companies — is a long-term, 10 to 25-year goal, guided by your company’s core values and purpose.
Who coined big hairy audacious goals?
To put it simply, a Big, Hairy, Audacious Goal or BHAG — a term coined by Jim Collins and Jerry Porras in their book, Built to Last: Successful Habits of Visionary Companies — is a long-term, 10 to 25-year goal, guided by your company’s core values and purpose. But it’s more than just a goal.
Why is it called Bhag?
BHAG is a concept developed in the book Built to Last. A BHAG (pronounced “Bee Hag,” short for “Big Hairy Audacious Goal”) is a powerful way to stimulate progress. A BHAG is clear and compelling, needing little explanation; people get it right away.