Traction Inc.

Every business model includes making hard decisions to move the company forward based on the vision, goals and objectives. In an office setting, there are instances where meetings are warranted to bring everyone together to align mindsets with corporate goals. There are other times when meetings are held and nothing is accomplished, hindering productivity and reducing the efficiency of the organization. When assessing your infrastructure and how things work, these questions should help you determine when a meeting is warranted: 

How do you survive when your star employee decides to leave? This is a time when a formal business management system and the EOS operating system may be very useful.

If you are a business owner looking for talented people, it probably comes as no surprise to learn that according to Pew Research, “millennials” now make up almost 54 million of the U.S. workforce, making them the largest generational group. A formal business management system from the developers of the EOS System is now more important than ever. What you “stand for” as a company is very important to this large group of American workers. 

Nearly every business owner reaches a point in time when they know they need help to sustain their growing businesses. It may be early in the life of the business or it may come at a time when growth stalls and innovative ideas no longer flow as easily as they did in the past.

The primary step to success in any business endeavor is a clear vision. You must know where you are going before you can take steps to get there. Once you have that vision—that peak that defines success for your quarter—use company to-do’s to get there. To-do’s aren't the literal foot and handholds that get you up the mountain. They are the figurative footholds: the top three to seven priorities for your business right now that make up your to-do list.

Experienced business owners understand that accountability is the cornerstone of a well-designed business management system. Simply telling people they are being held accountable and delivering motivational talks is not enough. A certified EOS implementer can show you how to build accountability into a business management system that includes the following components: 

Every business owner is tasked with the challenge of making some difficult business decisions from time to time.  When dealing with these decisions, don’t overthink your options. Instead, simplify them. How can you do this? For starters, divide your choices into three options: Live with it, end it, or change it. If you limit yourself to these three choices, there is only one option that will exist between the three. This is a universal rule that can be applied to a number of disciplines and decision-making tasks, whether they are work-related or not. Let’s look at these choices:

Having an effective business structure in place for your organization is crucial to its success. Knowing the steps to take when formulating your structure can make a tremendous difference in how your operations are run, the type of management team you have, what types of employees you hire, and how the overall vision will be carried out. It is important to understand how these steps work together to build a strong and cohesive business structure that can successfully move forward into the future. What questions should you ask to make sure you are using the right steps?

Is your company healthy, or does it suffer from some aches and pains? Business health often is measured in terms of financial success, but there’s much more to the equation. It’s a clear vision and a team that’s working together to make the vision reality. A corporate culture that focuses on continuing education and nurturing success. Exemplary service that breeds lasting customer loyalty. Traction.

Businesses often go through growing pains within the organization which can have a significant impact on the bottom line. Although the ideal scenario would be for everyone to work together and complete their tasks as outlined, this is often not the case. This leads to dissent and confusion, creating a smokescreen that hides the real issues.