article thumbnail

Dream Adjusters: Why Company Leaders Also Have To Be Chief Calibration Officers

Terry Starbucker

I’ve experienced that plenty of times in my career, at one moment preaching about a “BHAG” – the Big, Hairy Audacious Goal – and just a few moments later drilling down and coming to terms on a missed quarterly target) . I can sum that up in three ways: 1) Dream big qualitatively, always.

BHAG 391
article thumbnail

12 Strategic Thinking Questions That Yield Big Results. The Bonus Question Is The Punch Line.

The Empowered Buisness

For 3-4 days, I spend time by the ocean simply reflecting, letting go of any goals, plans or expectations. As you envision where you want your company to be in 10 years, what BHAGs (big hairy audacious goals) do you see your company achieving? I simply allow myself to just be. Markets, Competitors and Customers.

BHAG 196
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

12 Ways Leaders Can Build a Winning Culture

Terry Starbucker

Set the “BHAG” – Teammates want to be a part of something bigger then just “profit”, find a “big, hairy, audacious goal” and run for it. Do First Things First - Attack the #1 things on the priority list, rather than pushing them off to the side. In other words, you’re a successful leader.

BHAG 396
article thumbnail

7 Leadership Questions That Will Move Your Needle in 2016

The Empowered Buisness

QUESTION 1: What is your BHAG? 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. Starbuck’s BHAG is to overtake Coke as the world’s leading brand. QUESTION 2: For what purpose ….?

BHAG 100
article thumbnail

3 Ways to Create Meaningful Goals to Increase Engagement and Trust

Lead Change Blog

They may always “be there”—listed in your company’s business plans and annual reports. Build a plan to maintain them and to ensure individuals and teams that embrace the vision for the company. I have had some BHAG (big hairy audacious goals) personally and professionally—for both myself and others—in my life.

Goal 150
article thumbnail

Goldilocks, The Three Bears, And Effective Goal Setting

Terry Starbucker

Once upon a time, there was a little girl called Goldilocks…… I’ve done a lot of budgeting, planning, and goal setting over the course of my career. However, there are downsides to this, especially when you are tying goal achievement to incentive plans (i.e. how do you address a moving target in those plans?).

Goal 283
article thumbnail

Inspiring Leadership: Bringing Purpose to Life

The Practical Leader

” That’s a BHAG (Big Hairy Audacious Goal) I’ve pursued most of my career! Inject purpose into your succession planning. It sounds great in an annual report, but how do leaders actually use it, day by day, to make difficult trade-offs, engage customers, energize employees, and attract investors?”