Milestones throughout the year give us an opportunity to recalibrate and look at areas that need improvement. For the crowds at the gym in January, it’s the New Year’s Resolution to get in shape or lose some weight. For students, it’s the school supply sale in August, a fresh bag of school supplies and possibilities for a great year ahead.
For businesses, when do you stop and recalibrate, beyond your own quarterly and annual meetings to check progress on your long term goal? What’s next? Do you have a goal in mind that makes you take a big gulp if you even dare to say it out loud? If so, you’ve got the beginnings of a Big Hairy Audacious Goal or BHAG (pronounced bee-hag.) Congratulations! You’re getting ready to push your company forward in a big way, but in order to do that, you need to give yourself some time to plan and strategize.