‘Big Hairy Audacious Goals’ and the Importance of Being Professionally Engaged

If you have not read Good to Great, by Jim Collins, I would recommend it as a must business read. Jim introduced Big Hairy Audacious (BHAG) goals, a BHAG is a compelling goal that you work toward that is engaging, motivating, energizing and will help you retain a high level of focus until you reach the finish line.

I encourage all businesses to have a BHAG, and individuals to set a professional and personal BHAG for one-, three-, five-, ten-, or twenty-five years out. As I am 52, I have a professional and personal BHAG that is three years out that I intend to achieve at the magical age of 55 – do you have a professional and personal BIG HAIRY AUDACIOUS GOAL?

For example:

• Become an $X M company by 2023.
• Transform the company from X into one of the preeminent Y companies globally.
• Own a Porsche (personally, I would prefer a Vespa however, I am getting opposition from my inner circle on this as I am not the most coordinated person in Vancouver!) by year’s end.
• Buy a holiday getaway on the Sunshine Coast in 2023.
• Have a minimum annual income of $X00,000 pa.
• Live one quarter per year in the South Pacific (once travel restrictions lift).
• …you get the idea.

Everything I do outside of my consulting business goals refer to my professional and personal BIG HAIRY AUDACIOUS GOALS. It provides me with a clear context on the decisions I make and enables me to implement strategies to utilize my time effectively and with purpose.

TWO KEY BUSINESS BOOKS THAT I ENCOURAGE YOU TO READ:

 

1. Good to Great ~ Jim Collins

 

2. Mastering the Rockefeller Habits 2.0. Scaling Up. How a Few Companies Make It.. and Why the Rest Don’t ~ Verne Harnish

 

 

Professional Engagement

As a Business Owner, it’s important to consistently make sure that your professional engagement runs parallel to achieving your goals. The people that surround you will shape and influence how you run your business and how successful it can become. Here are a few questions to make sure you’re professional engagement is working for you.

 

For access to more complimentary success tools to help achieve your professional and personal best, watch out for our bi-weekly blog and social media posts. For a 15-minute complimentary consultation on how Jenny Reilly Consulting can help you, please email askme@jennyreilly.com.