I meet a lot of people during my working week clients, associates, and friends, being a finance guy the conversation always brings us back to the point of the economy. The current narrative is that Indian economy is lagging and slowing down. Of course we all know that the Indian economy is significantly slowed down, auto sector is down, so are so many businesses that have been hit by credit not being easily available. People talk of an Indian Economy growing at less than 5.50 % per annum in real terms. Agreed, we have a problem. But I also believe that Indian Economy is nothing but sum total of each one of us added up. For Indian Economy to do really well, instead of expecting only the government to set the tempo, why not we set our goal posts higher and look at growing bigger significantly. So I have decided to BHAG for my organization. What is BHAG (apart from meaning running in Hindi) it stands as a acronym for
H – HAIRY
A – AUDACIOUS
G – GOALS
Can we thing of something so big that it is almost impossible, and hence has the power to energize you to a different level of thinking and execution to ensure the team comes together and seeks out the most optimum manner to plan and achieve the goals. It is the equivalent of an sedentary person signing up for running a Full Marathon (running 42.2 kms )
I urge you also to have a BHAG for your personal milestones and your professional/ work related ones. Am sure if all the Indians do a BHAG on their plans.. our economy will be automatically on a higher growth trajectory. Needless to say, you will be on the next orbit of your growth.
Ask not what the country has done for you, do what you can to help the country grow better.
Wishing you a BHAG Year in 2020, you owe it to yourself as also the country.