Having the right system in place that will drive your business model to success is vital. Implementing an entrepreneurial operating system can be useful in improving vision, accountability and management through a series of steps. Here’s how it’s done:
What is EOS?
EOS is a comprehensive solution that provides a set of simple business tools integrating a holistic business model that aligns and synchronizes all the components of a business to get the results you desire. The process helps accomplish three things: vision, traction and the health of an organization.
What is involved in the EOS model?
The EOS model encompasses the Six Key Components within a business that must be managed and strengthened. This model works for businesses and industries of any size and specialization. There are a number of foundational tools used that will assist in learning the methods to focus on understanding where you are now and where you want to go. So, how can EOS be implemented?
There are a number of ways to implement the EOS model:
- Read TRACTION by Gino Wickman and self-implement the process using the free foundational tools.
- Self-implement the model and gain access to additional teaching tools and lesson plans at the EOS Basecamp through a monthly subscription.
- Hire an EOS implementer. An EOS implementer will go through your business model and help you apply the right tools at the right time. Depending on your structure and the amount of work that needs to be done, this process could take up to 24 months.
What process does the EOS implementer use?
The process is ongoing, but starts with:
- A 90-minute meeting where you’ll learn about what we do, we will learn what you do, review the tools and the process.
- Focus Day
This will discuss accountability, hitting the ceiling and a number of other components needed to fully assess the business.
- 2-day Vision Building
This will discuss your core values, focus, 10-year target, marketing strategy, 1-year plan and other issues that are hindering the business model.
- Quarterly Pulsing
There will be quarterly sessions, along with an annual planning session to evaluate focus and traction, team health, issue solving, toolbox tools and accountability.
It is easy to feel as if your company is just going through a rough patch when productivity is down, but it may very well be your internal functions not working together toward to overall vision. The EOS model will assess, pinpoint and help repair your infrastructure.
For more information on how an Entrepreneurial Operating System can assist your organization, contact an associate at Traction Inc. today!