Select Page
Table of Contents
M
b

Having your company’s Vision, Mission and Value statements published and well-understood are an important facet of leadership, but they can be just too big and long-term for everyone to buy into.

Many leaders now talk about their BHAG (Big Hairy Audacious Goal) as a way to excite and energise people – a good example being President Kennedy’s famous one from 1961, “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 earth.” 

Again, however, BHAGs are generally fairly long term, typically 10 years – as they need to be if they’re to be big and hairy enough. So, while it gives people an exciting goal to aim for, they need something more near-term to be able to focus their daily activities on..

And this is what great leaders do. They have an “Overarching Medium-Term Goal” (OMG) as business growth consultant Les McKeown calls it. This is a goal that is taking the business towards the BHAG, but is measured in months or, perhaps, a couple of years. And there should be just one OMG in play at a time – more would cause confusion.

The individual strategies of the departments and teams working towards the OMG and, therefore, the BHAG, form the component parts of these goals. When looking at strategies, processes and even meetings, the question then becomes one of whether they will help move the business closer to the OMG. If not, why should they not be discarded?

Great leaders make the OMG public, so everyone can buy into it. After all, the goal should be motivational, so sharing it and having everyone ensure their activities will contribute to achieving it will be beneficial.

And great leaders ensure the OMG is foremost in their minds at all times, and that everything they do and say moves the business towards it.

What’s your OMG?

If you don’t have one yet, what should it be?

 

#BusinessFitness #Excellence #GoalSetting #Growth #Leadership #Motivation #Planning #Productivity #Strategy #Success #Winners

 

Other short posts related to this that you might find interesting include:

0 Comments

Trackbacks/Pingbacks

  1. "Give Me Six Hours To Chop Down A Tree And I Will Spend The First Four Sharpening The Axe." - Abraham Lincoln - Business Fitness - […] Take some time to think through the task and determine what you need to accomplish it effectively and efficiently.…
  2. OKR – Measuring What Matters - Business Fitness - […] business. This can take the form of a BHAG (Big Hairy Audacious Goal) as the overarching one, with OMGs…
  3. 4 Ways Your Strategy Plans Could Be Derailed Next Year - Business Fitness - […] looks beyond problems – it’s about your BHAG, OMG and how you’re going to get there. It’s not reactive,…
  4. "A Leader Is A Person You Follow To A Place You Wouldn't Go By Yourself" - Joel A Barker - Business Fitness - […] 1 Thing That Great Leaders Do […]
  5. "It Doesn't Make Sense To Hire Smart People And Then Tell Them What To Do; We Hire Smart People So They Can Tell Us What To Do." - Steve Jobs - Business Fitness - […] 1 Thing That Great Leaders Do […]
  6. 4 Elements Of A Great Business Strategy - Business Fitness - […] 1 Thing That Great Leaders Do […]
  7. Success Secrets Of The World’s Best CEOs - Business Fitness - […] 1 Thing That Great Leaders Do […]
  8. Time Management For Busy Executives - Business Fitness - […] work, including taking holidays disconnected from your office. Work goals are about not only your BHAG and OMGs, but…
  9. “Doing Things Is Not The Same As Getting Things Done” – Jared Silver - Business Fitness - […] it’s about setting goals and reviewing these regularly. Start with your long-term goal, your BHAG, and then break this…
  10. “Leadership Is The Capacity To Translate Vision Into Reality.” - Warren Bennis - Business Fitness - […] made manageable. A big goal is great, but in isolation it can just seem frightening. So, set your Big…
  11. “Sometimes Our Stop-doing List Needs To Be Bigger Than Our To-do List.”- Patti Digh - Business Fitness - […] 1 Thing That Great Leaders Do […]

Leave a Reply

Join My Business Tips Newsletter

Subscribe for news and tips on making the best of your business.

 

6 + 5 =

Contact

Phone

 

Email

 

 

Discover more from Business Fitness

Subscribe now to keep reading and get access to the full archive.

Continue reading