MAYANK SRIVASTAVA

ROLL NO: 15F529

SECTION: 5

BLDR
Assignment

BLDR Assignment

Table of Contents
Vision statement exercise......................................................................2
Well communicated.................................................................................2
What is the vision statement?...............................................................3
Core Values...............................................................................................4
Core Purpose............................................................................................5
Big Hairy Audacious Goal.......................................................................5
Vivid Description......................................................................................7
Recommendation.....................................................................................7

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BLDR Assignment

Vision statement exercise

Name: Mayank Srivastava
Section: 5
Group: AB2
Name of the company: Indraprastha Gas Ltd.
Web site address: http://www.iglonline.net/
Market Capitalization: Rs. 13,020.01 Crore

1. Well communicated
Pts.
1.
2.

3.

4.

On opening the website, there is a clear and prominent

link to the vision of the company. (if yes, give 10, else 0)
If not, type typed vision in the search box of the web
site of the company, and the vision was displayed
immediately. (if yes, give 8, else 0)
I clicked various options such as about us and reached
the vision statement. I clicked ---- (state the No of clicks
in figure) before I was able to reach the vision
statement. (Evaluate as per the guideline below and
write in the column opposite.
A. If 1 click 8 pts
B. If 2 clicks 7 pts
C. If 3 clicks 6 pts
D. If 4 clicks 5 pts
E. If 5 clicks 4 pts
F. If 6 clicks 3 pts
G. If 7 clicks 2 pts
H. If 8 clicks 1 pt
I. If 9 or more clicks 0 pt.

10
8

Score granted
by you
10
0

Your comment on the experience of finding the vision statement (round the
appropriate choice)
A. Exceptionally exciting experience
B. Very Exciting experience
C. Exciting experience
D. Neutral
E. A little frustrating experience
F. Moderately frustrating experience
G. Highly frustrating experience.

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BLDR Assignment

2. What is the vision statement?

Vision Statement:
'To be the leading clean energy solutions provider, committed to stakeholder value
enhancement, through operational excellence and customer satisfaction'.

Your Comment: How inspiring is the vision statement?

A.
B.
C.
D.
E.
F.
G.

Exceptionally inspiring
Very inspiring
Inspiring
Neutral
Not very inspiring
Not inspiring
Not at all inspiring

If you found the vision statement inspiring, what words in the statement
inspired you? (State 3 words or terms that inspired you in order of their
priority)
1.
2.
3.
4.

Priority
Priority
Priority
Priority

1
2
3
4

(word/term):
(word/term):
(word/term):
(word/term):

Leading clean energy solutions provider

customer satisfaction
Committed to stakeholder value enhancement
Operational excellence

If you did NOT find the vision statement neutral or not inspiring, what was the
reason for it? (Describe in brief)
NA

3. Core Values
Are the core values a part of the vision statement?
1. YES

2. NO

What are the core values of the organization as given in the vision
statement?
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BLDR Assignment
Vision statement signifies five major attributes/core values for the
organization:
1. Commitment to environment
2. Providing complete energy solutions thereby going beyond CNG for transport and
PNG for cooking applications
3. Enhancing value for the stakeholders including customers, shareholders and
employees
4. Achieving excellence in our operation
5. Providing satisfaction to the customers

Companys website also mentions the business philosophy of Indraprastha Gas

Ltd.

Business philosophy of IGL:

1. Strong commercial orientation
2. Best operating practices
3. Value addition at every step
4. Quality Customer Service
5. Team effort
6. Develop a Learning Organization

We can link the core values to the Schwartz model in the following way:-

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BLDR Assignment

Openness to change
(a) Achieving
operation

excellence

in

Conservation
our

(a) Providing satisfaction to the

customers

(b) Providing
complete
energy
solutions thereby going beyond
CNG for transport and PNG for
cooking applications

Self-enhancement

Self-transcendence

(a) Enhancing
value
for
the
stakeholders
including
customers,
shareholders
and
employees

(a) Commitment to environment

Core Purpose
Are the core purpose of the organization clearly a part of the vision statement? 1.
YES 2. NO
Core Purpose
To be the leading clean energy solutions provider

Big Hairy Audacious Goal

Does the vision statement have audacious goals? 1. YES
Does the audacious goals have a time frame? 1. YES

2. NO

2. NO

The audacious goals and their probability of achievement:

1.
2.
3.
4.
5.
6.
7.

35 to 45 % probable to achieve the goal Highly impractical.

46 to 55 % probable to achieve the goal Impractical.
56 to 65% probable to achieve the goal Over audacious.
66 to 75 % probable to achieve the goal Big Hairy Audacious
76 to 85 % probable to achieve the goal Non-audacious.
86 to 95 % probable to achieve the goal Highly non-audacious. .
Greater than 96 % probable to achieve the goal Very mundane.

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BLDR Assignment
S
No
Audacious goal (as stated in the vision statement) or
BHAG

Probability of
achieving in the
time frame (Use
the standards
such as highly
impractical, over
audacious etc.
given above.

1.
Over audacious
The goal is not
considered Big
Hairy Audacious
because it is missing
certain details such
as :-

To be the leading clean energy solutions provider

1. Specific: To be the
leading clean
energy provider is
not specific. It is
important to
mention goal
specifically e.g. To
be among top 10
energy solutions
provider in India.

2. Measurable: NSE
500 listings
3. Attainable and
Realistic: Since the
goal is not specific
and time bound it is
less attainable and
realistic
4. Time Bound: The
does not contain any
time frame/year till
which they want to
achieve it.

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BLDR Assignment

6. Vivid Description
How vivid is the description?
A.
B.
C.
D.
E.
F.
G.

Exceptionally Vivid
Very vivid
Vivid
Neutral
Not very vivid
Not vivid
Not at all vivid

Recommendation
What is the modification you suggest in the vision statement? Specify
the statement you recommend:
The vision statement of Indraprastha Gas Ltd is missing certain elements of the Big
Hairy Audacious Goal. I would recommend to make following modifications in the vision
statement:
Option 1: Replace the word Leading in the vision statement with a more specific goal
such among the top 10. Also it needs to be more inspiring by clearly mentioning the
geographic area for which the vision is written, e.g. globally, India, South-east Asia etc.
Thus it should be To be among the top 10 energy solutions provider in India
Justification for the recommendation: The recommendation is made to make the vision
statement more specific.
Option 2: Include a time-frame to achieve the goal. E.g. by 2030
Justification for the recommendation: To make a vision Big Hairy Audacious it is
important that it is time bound so the management have the clear direction to work
towards the goals. Thus it should be To be among the top 10 energy solutions
provider in India by 2030
Modified Vision Statement

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BLDR Assignment
To be among the top 10 energy solutions provider in India by 2030. We will be
committed to stakeholder value enhancement, through operational excellence and
customer satisfaction.

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