big hairy audacious goals (bhag)
TRANSCRIPT
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
cc: mickeynp - https://www.flickr.com/photos/42442709@N00
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
cc: VinothChandar - https://www.flickr.com/photos/44345361@N06
3 Benefits in creating a BHAG
1. High frequency reviews.2. Collaboration.3. New skills are developed and
created.
cc: marfis75 - https://www.flickr.com/photos/45409431@N00
The BHAG Framework
1. Establish values2. Strategic vision3. Accountability4. Strategic + Tactical actions5. Attainments
cc: chrisotruro - https://www.flickr.com/photos/99744233@N05
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
cc: Leo Reynolds - https://www.flickr.com/photos/49968232@N00
BHAG Key Lessons• Great ideas bring great results• Expectations set the results• Purpose focused• Continual development
cc: Thomas Hawk - https://www.flickr.com/photos/51035555243@N01