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Where are we going??. IH Directors’ Conference, April 2013. Is this what we want to do?. Ending up where we want to be. Envisioned future. What is a BIHAG ? a Big Hairy International House Goal i.e. a very ambitious , clearly articulated plan that revs up the whole organisation.
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Where are we going?? IH Directors’ Conference, April 2013 MJG_0413
Is this what we want to do? MJG_0413
Ending up where we want to be MJG_0413
Envisioned future • Whatis a BIHAG? • a BigHairyInternationalHouseGoal • i.e. a veryambitious, clearlyarticulatedplanthatrevsupthewholeorganisation MJG_0413
B-IH-AGs • Set well into the future; • Require thinking beyond the current capabilities of the organisation and environment; • Are not sure bets; • Demand extraordinary effort and a little luck! MJG_0413
A creative process MJG_0413
Types of B-IH-AG • TARGET BHAG- • Become a $125 billion by the year 2000 (Wal-Mart, 1990) • COMMON ENEMY BHAG- • Crush Adidas! (Nike, 1960s) • ROLE MODEL BHAG- • Become the Harvard of the West (Stanford University, 1940s) • INTERNAL TRANSFORMATION BHAG- • Become number one or two in every market we serve and revolutionise this company to have the strengths of a big company combined with the leanness and agility of a small company (GEC, 1980s) MJG_0413
Envisioned future – we have a dream • A vibrant, engaging image of what the world will look like if we achieve our BHAG - translating words into mental pictures. MJG_0413
The last word…. “The best way to predict your future is to create it” Abraham Lincoln MJG_0413