Growing businesses which want to scale have a lot of competing priorities. There is a lot going on with endless lists of to dos.
Imagine spinning plates on the end of a stick, with the MD and the leadership team running from plate to plate, trying to keep them all spinning, while other people in the organisation don’t know how to contribute.
Sometimes it feels like everything is a priority and there are not enough days and hours in the week to complete them all.
Just when you feel like you have accomplished a major to do, something in IT crashes and you have lost a day’s work.
Even if everyone has good intentions and is trying to do the right thing, the priorities are overwhelming and it feels like nothing is getting done.
What if you discovered that if you focus on six key things, another 130 fall into place?
What if, by simplifying your priorities, everything started to seamlessly fit and work?
What if it felt like everybody in the leadership team was on the same page and the entire team felt like things are getting done.
What if the business had regular milestones and you celebrated both small (and big) wins for the business together?
What if there was a simple system which would enable you to run a successful business?
Embedding the Entrepreneurial Operating System (EOS) in your business enables you to achieve all these things.
Six Key Components
It focuses on six key areas, and gives you two tools to help you run each area more efficiently:
- Vision: answering eight key questions + getting the entire team to buy in
- People: having the right people in the right seats
- Data: having a scorecard and measurables which are tracked and updated every week
- Issues: capturing every issue that crops up in your business, prioritising them and “identifying, discussing and solving” them (IDS)
- Processes: ensuring each of the key processes in your business – marketing, sales, operations, accounting, people and customer retention – are documented and followed by all
- Traction: setting priorities for each quarter “rocks” and holding regular, structured and productive leadership meetings to keep on track and ensure accountability – the “meeting pulse”
If you can embed the 12 EOS tools into your business, this will give clarity on where you are and where the business is going – and helps you make sure that you achieve your goals.