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Strategy

BHAG

Big Hairy Audacious Goal

A 10–25 year strategic ambition that organizes long-term decisions.

Definition

What it actually means.

Coined by Jim Collins in Built to Last. A BHAG is the long-arc ambition that makes near-term tradeoffs make sense. Example: SpaceX's "Make humans multi-planetary." Operators use a BHAG to choose between near-term wins.

Related terms
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