Archives for posts with tag: Big Hairy Audacious Goals

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Since the financial crisis of 2008, the whole world is focused on muddling through it. Just ask the Eurozone, proposing new rescue packages almost every other day. Or the US government, tinkering here and there and everywhere. People are muddling through their lives, their careers, their daily life.

Are we muddling through because we’re stuck in the now?

All of us have become so caught up in the now that we’re forgetting important lessons from the past and losing the ability to develop long-term visions to work towards in the future. The constant documenting of the now, keeps us hand-cuffed to THIS moment, not the moment that passed or the moment we envision. In 2009 we said: “This is so 2008.” In 2012 we say: “This was so 2 minutes ago.”

What will we say in 2015: “That was so one second ago?”

The commercial is ridiculous because the benefits for having information 10 seconds earlier than others seem so trivial. But at the core of this commercial is one important insight: People value the “I said/heard it/wrote about it first” mentality. We are more focused on being the first to say something about the last 10 minutes that we are forgetting any lessons to be learned from the last 5,000 years.

We tend to forget that human nature hasn’t changed that much, just the way we communicate now and in the future is undergoing a dramatic transformation. Much of the financial crisis was caused by the focus on making millions today and not thinking about how to build wealth for the long term. CMOs have now 1-2 years to make a mark – why would they focus on long-term strategies?

We need to focus less on the short term and incremental changes. Instead, we need to be focused on building things for the long term. We need to implement important, business-driving measurements and be accountable to doing what is right and setting those BIG, HAIRY, AUDACIOUS GOALS. More importantly: We need to become better partners with our clients to move the business forward, not  just going through the motions.

We can accomplish so much more if we continue learning from the past and thinking past tomorrow for where we want things to go.

Muddling through or figuring it out just keeps us stuck in the now. Time to get unstuck.

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Throughout the World Cup, I received many emails and tweets congratulating “my team”, Deutschland, for their great tournament and playing really exciting soccer (Fussball, as I call it.). Reading German newspapers and magazines, I experienced a lot of self-congratulation for the new, exciting German soccer game, how suddenly the world loves Germans and the multi-cultural faces that played on the team. Oh yes, and 3rd place was lovely.

Enough already.

We’re talking German soccer here. We’re supposed to win each time. Sure, we won’t, but any tournament we don’t win is a loss. Period. Did you ever see the Lakers or Yankees fans celebrate a second place? Or a good loss in the Division Final? Of course not. On paper, Germany’s performance in the last 3 tournaments looks outstanding: Third place World Cup 2006, 2nd place Euro 2008 and 3rd place World Cup 2010. Great. But, where’s the trophy?

Match it up with all that nonsense talk when the US tied England in a group game and people started to celebrate it as a victory. That kind of talk will get you nowhere. Very, very quickly.

Winning organizations are like “A” students: They expect to get an “A” each time they perform. Whenever they get a “B” or worse, they’re disappointed and work hard to get back to the “A” level. Mediocre organizations are like “C” students: They get a “B-” and high-five each person they encounter. They are still not as good as the slip-up of the “A” organization but they’re ecstatic because for once they’re out of the “C” cellar. Just to slip back into it again very, very soon.

We all worked with “A” people before. They might fail, maybe even often, but they always give everything they have. They believe something can be done when others think it can’t. They can solve problems others consider unsolvable. They don’t believe in expectation of others, they have their own expectations. And, we all worked with “C” people. They might talk a big game but their actual work is sloppy. Mistakes. Not failures. Laziness. No high standards. No inner push.

If your organization does things that everyone arounds you thinks you can achieve, then your organization is just a “B” student, not pushing everyone hard enough. I’m not talking about pipe dreams, I’m talking about Big, Hairy, Audacious Goals. Rationally, you will achieve your goals when you meet certain metrics. But, that’s not fulfilling, organizational achievement. Real accomplishment and achievement comes from pushing everyone, including yourself, to the limit. Beyond the place where everybody else thinks you could ever go. As a “C” organization, you need to push for constant “A” scores. It might take a while,  a lot of “B” scores, but as long you keep up an air of excellence, deeply rooted in your organization, you are on the way to become an “A” organization.

An interesting thing happens on the way: The people that didn’t believe in you and your organization in the beginning, will be starting to believe in you. And these people will do everything they can to make you even more successful. Nothing in your balance sheet might have changed, you still employ the same people, deal with the same stakeholders – a mindset of excellence will change everything.

My kid’s Karate teacher said to the class a few days ago: ” When you want to tear a piece of paper with your hand, you don’t aim for the paper. You don’t aim for a small space behind the paper. You aim for a place 2,000 miles beyond the paper.”

Shoot for the stars.

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Image: Courtesy of Minddesign

“Vision is the art of seeing what is invisible to others.” – Jonathan Swift

Every enterprise needs to set Big Hairy Audacious Goals. These Big Hairy Audacious Goals are your limit. It’s an idealized goal that might never be attained, it’s your Moon Landing. We will talk later how to reduce the gap between enterprise reality and pie in the sky ideal. But, forget about limits for a while. This is about expansive thinking: no borders, no limits, no boxes.

Planning for Pie in the Sky includes:

  • A clear vision of your enterprise
  • A mission statement, expressing the Big, Hairy, Audacious Goals
  • Specific features the enterprise needs to have to achieve the goals
  • A pie in the sky design of the organization

A clear vision of the enterprise

Corporate visions are usually developed by executives, not involving all stakeholders. While developing the vision by few might be more efficient, the vision needs to be shared by all stakeholders in order to be pursued effectively. Most visions define what executives want the enterprise to be in 10 years or so, often forgetting what these executives want the enterprise to be right now. I would argue, it’s imperative to develop a vision that communicates the ideal design of the organization for the here and now, assuming the organizational design will be able to handle changes (and there will be many) without actually forecasting the future. Instead, organizational designs have to incorporate contingency planning.

I have all the plastic in the world but I still carry a few bills with me all the time. I don’t forecast a cyberattack on the banking system, I don’t forecast a massive quake in LA that won’t allow me to access my account for weeks. But all these things and other scenarios are possible. And I would like to be prepared for it.

A Mission Statement, expressing the Big, Hairy, Audacious Goals

Most mission statements are borefests: platitudes of epic proportions. A real mission statement should answer the following questions:

  • Why does this enterprise exist?
  • What are the aspirations of the enterprise?
  • What does the enterprise do to succeed?
  • How will the enterprise pursue its Big, Hairy, Audacious Goals?
  • How will the enterprise serve each stakeholder?
  • What makes the enterprise unique?

While formulating the mission statement, stay away from empty sentences/words, corporate speak and anything your best friend outside of your expertise doesn’t understand.

Specific features the enterprise needs to have to achieve the goals

Whenever we develop a website, the first step is to sit down with all stakeholders to go through their wishlist: What features does each stake holder would like to have? Enterprises have to go through this exercise as well to design their ideal organization.

This can be a laundry list of thousands of items or just a minimal document that describes the structure of the enterprise, corporate culture, management style, employee expectations, high-level ideals of products/services, etc. Each ideal enterprise design is different and the features list will reflect its uniqueness.

A pie in the sky design of the organization

Imagine, your enterprise stopped to exist last night. Nothing else has changed: Technology, laws, regulations, taxes, etc. The environment and systems that surrounded the old enterprise still exist and they haven’t changed. Just your enterprise is extinct. Start designing your new enterprise.

What kind of enterprise would you design if you could start from scratch? How would you design it so the enterprise is capable of being improved continuously from within? We’re not asking you to create Utopia, a perfect enterprise. Instead, your pie in the sky design should incorporate what you want to the organization to be right now. While you discuss these ideas with stakeholders, many new ideas will evolve and creativity will flow freely. This process of collaboration is often the most important product of this step to transform your business. Enterprises need to make sure that during this step self-imposed constraints are kept to a minimum. Stakeholders should not be concerned with feasibility, budgets or implementability. Reminding them that the enterprise was destroyed last night might help limiting those constraints. Keep dreaming.

Next, we will discuss gap analysis and gap planning.

For your reference, the first parts can be found here: Part 1, Part 2, Part 3 and Part 4.