STRATEGYOngoing practice

Big Hairy Audacious Goals (BHAGs)

Set bold 10-30 year goals that galvanize the entire organization

Problem it solves

energize a complacent organization

Best for

Leadership teams that need to energize a complacent organization, align disparate groups around a common mission, and create forward momentum.

Not ideal for

Financially distressed companies that need to stabilize operations before pursuing ambitious long-term goals.

Overview

Why this framework exists

BHAGs are audacious, long-term goals (typically 10-30 year time horizons) that serve as powerful catalysts for team spirit, engagement, and progress. Unlike ordinary strategic goals, a true BHAG is clear, compelling, and acts as a unifying focal point that galvanizes the entire organization.

The research showed that visionary companies used BHAGs at critical inflection points to blast past comparison companies. Like climbing a big mountain or going to the moon, a BHAG may be daunting and perhaps risky, but the adventure, excitement, and challenge of it grabs people in the gut, gets their juices flowing, and creates immense forward momentum.

A good BHAG has four characteristics: (1) it is clear and compelling enough that it requires little explanation, (2) it falls outside the comfort zone but is not impossible, (3) it is so bold that it would continue to stimulate progress even if the organization's leaders disappeared, and (4) it is consistent with the company's core ideology. BHAGs work because they engage people's emotions, not just their intellect.

Core principles

4 total
  1. A BHAG should be so clear that it can be understood without explanation—like the moon mission
  2. BHAGs engage the heart and gut, not just the rational mind
  3. The goal should be achievable but require extraordinary effort—50-70% probability of success
  4. BHAGs should outlive any single leader and continue to stimulate progress independently

Steps

3 steps
  1. Choose Your BHAG Category
    There are four types of BHAGs: (1) Target BHAGs—a clear, quantifiable target like 'become a $125 billion company,' (2) Common Enemy BHAGs—defined by defeating a competitor like 'crush Adidas,' (3) Role Model BHAGs—emulating another company like 'become the Nike of our industry,' (4) Internal Transformation BHAGs—fundamental change like 'transform from a product company to a platform company.' Choose the type that most powerfully resonates with your organization's current situation and culture.
    Pro tipCommon Enemy BHAGs are particularly effective for organizations that thrive on competitive energy.
    WarningAvoid choosing a BHAG that contradicts your core values—a misaligned BHAG will tear the organization apart.
  2. Craft the BHAG Statement
    Write the BHAG in a single, vivid sentence that a child could understand. It should require no footnotes, qualifications, or supporting documentation. Test it by asking: 'Does this grab people in the gut?' and 'Would this still be motivating if there were no financial incentive attached?' If the answer to either is no, the BHAG isn't bold enough or isn't emotionally compelling enough.
    Pro tipJFK didn't say 'We will improve our space capabilities.' He said 'Put a man on the moon and return him safely by the end of the decade.'
    WarningA BHAG with zero risk is just a strategic plan. It should feel slightly terrifying.
  3. Align the Organization Around the BHAG
    Communicate the BHAG relentlessly and create mechanisms that connect daily work to the audacious goal. Every team should be able to articulate how their work contributes to achieving the BHAG. Create visible progress markers, celebrate milestones, and use the BHAG as the decision-making filter: 'Does this initiative move us toward our BHAG or away from it?'
    Pro tipCreate a physical or digital progress tracker that everyone can see, similar to a fundraising thermometer.

Checklist

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Examples

2 cases
Boeing's 707 Bet

In the 1950s, Boeing committed to building the 707 commercial jet airliner—a bet-the-company BHAG that risked the entire enterprise. Boeing was primarily a military contractor and had never built a successful commercial jet. The audacious goal galvanized the entire organization around a singular mission.

OutcomeThe 707 revolutionized commercial aviation and transformed Boeing from a military contractor into the world's dominant commercial aircraft manufacturer for decades.
Built to Last, Myth 6
Walmart's Growth Target

Sam Walton set a BHAG to grow Walmart to $125 billion by the year 2000, starting from a position as a regional discount retailer. At the time, this goal seemed absurdly ambitious given the company's size and competitive landscape.

OutcomeWalmart surpassed the target, reaching over $165 billion in revenue by 2000, driven in part by the galvanizing effect of the audacious goal on organizational decision-making.
Built to Last, Chapter 5

Common mistakes

2 traps
Setting BHAGs That Are Actually Just Strategic Goals
A 'BHAG' like 'increase market share by 3%' is not audacious—it's an ordinary business objective. True BHAGs require a quantum leap in ambition that fundamentally changes how the organization thinks about what's possible. If it doesn't make people simultaneously excited and nervous, it's not a BHAG.
Abandoning the BHAG When It Gets Hard
BHAGs by definition take years or decades to achieve and will encounter serious obstacles along the way. Organizations that abandon their BHAG at the first sign of difficulty lose the catalytic energy the goal was designed to create and demoralize the team that had committed to it.

Origin story

How this framework came to be

Collins and Porras coined the term BHAG after studying how visionary companies used audacious goal-setting to catalyze progress. Boeing's bet-the-company commitment to the 707 jet airliner, Walmart's goal to become a $125 billion company by 2000, and Philip Morris's audacious move to challenge RJ Reynolds for market leadership all demonstrated the power of goals so bold they seemed almost unreasonable. The comparison companies tended to set safe, incremental goals that inspired no one.

Source

Traced to primary
Source · BOOK
Built to Last: Successful Habits of Visionary Companies
Jim Collins · 1994
Open source →

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