Big Hairy Audacious Goal

A Big Hairy Audacious Goal (BHAG, pronounced BEE-hag) is a strategic business 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 Audacious Goal" in their 1994 book Built to Last: Successful Habits of Visionary Companies. A BHAG encourages organisations to define visionary goals that are more strategic and emotionally compelling. Many organisations set goals that describe what they hope to accomplish over the coming days, months or years. These goals help align employees to work together more effectively. Often these goals are very tactical, such as "achieve 10% revenue growth in the next 3 months". In contrast, Collins and Porras define a BHAG as "an audacious 10-to-30-year goal to progress towards an envisioned future".
The authors claim that a company may have more than one BHAG; there may be one over-reaching BHAG and other shorter-term BHAGs.
Mahoney and McCue sound a cautionary note when assessing BHAGs, seeing them as "orthwhile when relevant to the business; inspiring to employees but disappointing when dropped in a few years in favor of other goals".
Notable examples
* : "This nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth."
* Microsoft: A computer on every desk and in every home.
* AIESEC: Engage and develop every young person in the world.
* SpaceX: Enable human exploration and settlement of Mars.
* Blackpool FC: Reach English Premier League.
* Google: Organize the world's information and make it universally accessible and useful.
* Hong Kong Broadband Network: Be the largest IP provider in Hong Kong by 2016.
* SolarAid: To eradicate the kerosene lamp from Africa by 2020
* Gift of Life Marrow Registry: To cure blood cancer through marrow donation by ensuring a match for every patient in need, whenever they need one.
* Volvo: By 2020 no one should be killed or seriously injured in a new Volvo .
* Feeding Everyone No Matter What: Prevent starvation even if the sun is blocked by nuclear winter, volcanic winter or impact winter.

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