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Creating Big Hairy Audacious Goals for success
Do you have a Big Hairy Audacious Goal? A Big Hairy Audacious Goal (or BHAG) is a term that was created by Jim Collins and Jerry Porras in their book Built to Last: Successful Habits of Visionary Companies. A BHAG is a long-term goal, usually 10-25 years, that is inspired by your organisation’s values and purpose and, in turn, inspires your shorter-term plans. Your 90 day, one year and 5 year targets should be steps on the journey to achieving your BHAG. An example is one tha


Idea generation - Methods to stop and think
Pausing and recollecting yourself is a fantastic thing to make a hobby out of. Losing control in the heat of the moment is a sure way to...


Leading global innovation company appoints award winning entrepreneur to help scale globally
Innovative research company, FibroFind Ltd, have appointed leading business man Ammar Mirza CBE as their new Non-Executive Director to help their ambitious growth plans. FibroFind is leading innovation in the research of medicines to treat fibrosis in chronic disease. Led by a team of world experts with a combined total of 100 years of experience between them, they are currently in the early stages of ambitious plans to scale their operations, nationally and internationally.


Opencast commits to help those who have served the nation
Independent tech consultancy Opencast has formalised its close relationship with the UK’s armed forces community. The company has signed the Ministry of Defence-backed Armed Forces Covenant, confirming its commitment to serving military personnel, former servicemen and women and reservists. In a signing ceremony at 101 (Northumbrian) Regiment’s Napier Armoury in Gateshead last week, Opencast’s chief people officer Cate Kalson and client relationship director Richard Handley j


Stakeholder Management
Using stakeholder management, a business can understand: The most important stakeholders How the stakeholders connect What the various stakeholders contribute to the business What influence do stakeholders have on the business? Ways the business can act to benefit the stakeholders How it’s used To begin stakeholder management the business’ stakeholders must be identified. The different stakeholders are grouped based on how they relate to the business e.g. staff. Stakeholders


North East Potential on Show as Part of Turkey Trade Visit
The North East’s global trade, inward investment and export potential has been showcased as part of an international delegation that welcomed the Chairman of the British Chamber of Commerce in Turkey, Chris Gaunt OBE, to the region. Mr Gaunt was welcomed to the North East by business leaders Ammar Mirza CBE, Imran Khaliq (Gainford Group) and Mike Clark (Dysart Developments), as part of ongoing discussions to enhance and shape bi-lateral opportunities as well as strategic col


Why your business model could be critical to success
We’ve all seen the movies where the main characters are trying to pull off an elaborate heist. To make sure it works, they all gather...


Identifying risks in your business
You cannot start a business without taking risks. Choosing to launch your business is inherently a risk, there is no guarantee on...
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