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Why Two Financial Targets Can Be Better than One

Harvard Business Review

To put these ideas into practice, a commodity food business we recently worked with began encouraging some of its facilities to set a “ BHAG ” (Big Hairy Audacious Goal) for conversion cost-per-unit while at the same time mandating a budgeted conversion cost.

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Creating Teams

Strategy Driven

With humor, real-world examples, and step-by-step guides, the book explains: How to make mission, values, and BHAGS relevant to daily organizational life. It is good for participants to be aware of these stages because they normalize the experience of growing and developing into a high performance team. Teams develop in stages.

Team 51
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An Approach to Ending Poverty That Works

Harvard Business Review

Ending extreme poverty by 2030 is the BHAG – the big, hairy audacious goal – of our generation. BRAC staff then goes door-to-door to visit selected participants and verify their circumstances with questionnaires. From there, participants receive set of six interventions over the course of 24 months.

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10 BIG Development Goals for Leaders for 2012

Great Leadership By Dan

No, these are the big, hairy, audacious, goals (BHAGs). These programs, if well designed and run, can create a condensed, alternate reality, giving participants the chance to learn and take personal risks in a somewhat safe environment. No one should take on any more than 2-3 of these each year. Get in shape.

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