WebJan 23, 2024 · BHAG stands for Big Hairy Audacious Goal, a concept introduced by Jim Collins in his book, “Built to Last.” The best definition that I seen is that a BHAG is a statement of strategic intent. A bigger, bolder, more powerful outcome than goals with a target timeframe of 10 – 30 years from now. WebBHAG (pronounced bee-hag) or big hairy audacious goals is a concept from a 1994 book Built to Last by Jim Collins and Jerry I. Porras. The book outlines the results of a six-year research project into what makes enduringly great companies. Collins and Porras listed a total of eighteen companies they identified as ‘visionary.’.
How to set Big Hairy Audacious Goals (BHAGs) to do the …
WebMar 27, 2024 · A BHAG drives you past what you thought your limits were. It energizes your team to the point you can’t stop thinking about it and have to go for it. And it motivates … WebOct 16, 2024 · A BHAG is a strategic business (or personal) statement similar to a vision statement which is created to focus an organization on a single medium-to long-term organization-wide goal which is audacious, likely to be externally questionable, but not internally regarded as impossible. Jim Collins and Jerry Porras coined the term “Big Hairy ... tsp section
Building Your Company’s Vision - Harvard Business …
WebMar 8, 2024 · Here are some pitfalls to avoid as you develop this key piece of your vision: 1. Don’t go with the first idea you have. Sometimes your first idea is a brilliant one, but often not. If your ... WebMay 13, 2024 · The idea of a BHAG was first outlined in the 1994 book Built To Last by Jim Collins and Jerry Porras – and it’s as relevant as ever. BHAG is an acronym for Big Hairy Audacious Goal, and it’s not like most common corporate goals. As the name suggests, it’s a moonshot – an overarching long term mission that dominates everything you do. WebStorytelling Secret Weapons – How To Create A BHAG. Benefits of a BHAG. A good BHAG can impact your business in many surprising ways. A BHAG Is Simple. You should be able to fully communicate your BHAG … phish foam