Fail Fast, Fail Often by BusinessNews Publishing

Author:BusinessNews Publishing
Language: fra
Format: epub
Publisher: FichesdeLecture.com
Published: 2015-03-15T00:00:00+00:00

Big goals

In the business world, BHAGs (big, hairy and audacious goals) are lauded. Everyone likes talking about stretch goals, game-changers and realizing difficult-to-achieve objectives. These big goals are great but the real magic comes only when they get broken down into manageable, bite-sized chunks.

Unfortunately, going for big wins has some undesirable and unintended consequences:

People can become so overwhelmed they end up being paralyzed and doing nothing.

Problems can seem more complicated when they are part of an ambitious target.

You have to commit lots of resources to achieving the goal – making it more risky.

You have to keep the blinders on and pursue the big goal rather than exploiting emerging opportunities which come along.

You stay focused on a future payoff rather than getting immediate benefits.

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