Other Added
#1 in Business Subscribe Email Print

You are here: Home > Business > Strategic Planning > Every Business Needs a BHAG

Tags

  • inspire
  • bhagthe
  • being satisfied
  • possible rightnext
  • bhagthe first

  • Links

  • Turn Words Into Traffic
  • A Short Biography on Some of Europe's Most Loved and Hated Monarchs - Pt 3 King Ludwig II
  • The Lasik Vision Institute
  • Other Added - Every Business Needs a BHAG

    There is No Such Thing as a Standard Solution
    A standard is something we can all benefit from. The world around us has been standardized. We all drive at the “right” side of the road. We all have a DVD that can be used in any player. We use a standard credit card. The barcode on the cornflakes is also standard. The electricity plug you use for shaving (your legs) are also standard. The decimal system is standard. The articles are interfaces by a
    nd in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    St

    Tips For Successfully Handling Customer Service Issues
    Customer service complaints are a part of the territory when you deal with the public. There are many reasons why you may receive a complaint; but in the final analysis, the reasons inevitably involve an unreasonable expectation of some sort or some type of miscommunication. Customer service issues can be successfully resolved if you employ the tips outlined in this article, which allows you to sto
    In the heady arena of strategy, the consultants of the world find wonderful acronyms for the work they do. Today let me introduce one of those to you.

    It’s the BHAG – the Big Hairy Audacious Goal!

    This is the goal that really stretches you to think differently about how you do business. It’s the goal that going to help you transform your business, rather than being satisfied with incremental change. It’s the goal that’s going to inspire you to do your best work and outshine your competition.

    So how do you go about making your own BHAG?

    The first step is to shake off any beliefs about what is possible in your business. If you already have mindset that limits your achievements you’ll never get serious about a BHAG.

    So - anything is possible (right?).

    Next, pose some Very Hairy Challenges – like these ones….

    I want to triple my revenue in the next 12 months. I want the best known brand in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    St

    Let there be Light!
    The ancient and Europe well remembered when tracing the origins of candles. Essentially a source of light then, tallow, beeswax, and vegetable wax were molded into cylindrical shapes with twisted wicks in between. Radiance well remembered in time as the melt and glow continues today.Evolving further, organic sources came be replaced by wax made by chemicals as the radiance continued. Advances
    lly stretches you to think differently about how you do business. It’s the goal that going to help you transform your business, rather than being satisfied with incremental change. It’s the goal that’s going to inspire you to do your best work and outshine your competition.

    So how do you go about making your own BHAG?

    The first step is to shake off any beliefs about what is possible in your business. If you already have mindset that limits your achievements you’ll never get serious about a BHAG.

    So - anything is possible (right?).

    Next, pose some Very Hairy Challenges – like these ones….

    I want to triple my revenue in the next 12 months. I want the best known brand in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    St

    Some Lean Six Sigma Tools - Analyse, Improve and Control
    The cost, speed and quality leaps of Lean Six Sigma are obtained through the application of appropriate tools. We conclude by reviewing some tools from the Analyse, Improve and Control phases of DMAIC.The Analyse PhasePurpose of Analyse:In implementing Lean Six Sigma this phase identifies and verifies the relationships between causes and their ef
    best work and outshine your competition.

    So how do you go about making your own BHAG?

    The first step is to shake off any beliefs about what is possible in your business. If you already have mindset that limits your achievements you’ll never get serious about a BHAG.

    So - anything is possible (right?).

    Next, pose some Very Hairy Challenges – like these ones….

    I want to triple my revenue in the next 12 months. I want the best known brand in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    St

    Fast Food Video - Who Trashed My Shrubs?
    Did you ever wonder what is going on behind your fast-food restaurant? Or, who threw trash on your landscaping?Here are some ways that a video surveillance system helps the fast-food business work safer and better.1. Video records cars, colors, make and model.2. Video shows you if the person you just waited on is still at the menu board.3. Video shows you how long the
    ments you’ll never get serious about a BHAG.

    So - anything is possible (right?).

    Next, pose some Very Hairy Challenges – like these ones….

    I want to triple my revenue in the next 12 months. I want the best known brand in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    St

    The Basics To Setting Up A Merchant Account
    If you're business is not offering credit card payments, you could potentially be losing out on a tremendous amount of business. Because of the options you give customers by offering credit card payments, it creates a wider customer base. However, the first step to offering credit card payments through your business is setting up a merchant account.A merchant account is a bank account that i
    nd in Australia I want to work 1 day per week and still earn the same amount of money.

    You get the idea.

    Now you have to work backwards from this endpoint in 3 steps. Let’s take the “triple your revenue” example.

    Step 1: Brainstorm ideas for making more money (no limits remember – everything is possible)

     Charge a lot more

     Speak for money

     Create a high-end wicked product to sell (or multiple wicked products)

     Work with different clients who expect you to charge a lot more

     Sell someone else’s related product for a commission

     Go totally online and remove your overheads Etc.

    Step 2: Make a list of obstacles and ways of getting around them

     Don’t have any product ideas (easily fixed – get some friends and have a brainstorming session)

     Not a great speaker (write the workshop and get someone else to give it, or become a great speaker)

     Nobody will hire me if I charge more (if your work is great, that’s usually not the case – but you will need to reposition yourself and adopt a different mindset)

    &#

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.otheradded.com/article/44316/otheradded-Every-Business-Needs-a-BHAG.html">Every Business Needs a BHAG</a>

    BB link (for phorums):
    [url=http://www.otheradded.com/article/44316/otheradded-Every-Business-Needs-a-BHAG.html]Every Business Needs a BHAG[/url]

    Related Articles:

    What Integrating Your Contact Center Can Do for Business

    Cash Flow Solutions with Factoring

    Once Bitten, Twice Shy, Third Time Stupid

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com