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Traction Inc.

25 Mar What is the Entrepreneurial Operating System?

Posted at 08:00:00 by Chris Hallberg

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The Entrepreneurial Operating System®, or EOS system, is a practical solution that guides entrepreneurs and business leaders to success. The simple concepts within EOS help leaders develop and communicate a vision, get traction across the organization, so that the team can move forward with the vision, and keep leadership teams healthier.

 

Creating Vision

Agreement, particularly among the leadership team about the goals and directions of an organization, is paramount to ongoing success. That doesn’t mean that conflict doesn’t have its place. Disagreements are important and shouldn’t be ignored or pushed to the side. In talking through and resolving conflict, greater unity is usually found within a leadership team and across the organization. A comprehensive and foundational vision is arrived at when leaders work together to understand their differences and what brings them together. Leaders should ask:

  • What are the core values of the organization? What values can everyone get behind?
  • What are the business goals for the next 10 years?
  • How can each leader best support those goals?
  • How can the long-term goals be broken into three year, one year, and quarterly goals for the organization and each department?

 

Gaining Traction

Traction is the ability to move forward toward each of the goals set when creating a vision. Without traction, organizations and entrepreneurs lose control and focus; performance and profits suffer and there is limited potential for growth across the company. Traction occurs when the entrepreneurial operating system is properly implemented and maintained within the leadership team and, via a trickle down approach, the enterprise. This requires leaders to focus on what is important and use the EOS system’s steps for solving issues, developing and maintaining processes, and measuring success through organizational checkups.

 

Maintaining Health

Like a human body, an entrepreneurial team or a business organization can be healthy or unhealthy. Unhealthy enterprises can’t succeed because they are too busy fighting off what has made them unhealthy. Healthy enterprises aren’t worried about internal infections or weak links, so they can look outward to customers or goals. To be healthy, an organization must have a clear vision, engage and focus in the right activities for success, develop nurturing relationships with employees and customers, create meaningful work, and celebrate achievement. The EOS system, with its set of simple steps and practical ideas, helps organizations develop health at the foundational level.

 

While the entrepreneurial operation system is simple and practical, it can be difficult for leadership teams used to different ways to build these habits, especially in smaller businesses where leaders are constantly working toward growth and might be overextended on a daily basis. A small business coach can help put the EOS system in action; schedule a free 90-minute consultation with an EOS implementer today to find out more about how this system might work within your organization.

The Entrepreneurial Operating System (EOS) was created by Gino Wickman (Author of Traction-get a grip on your business) and is a registered trademark of EOS Worlwide. Chris Hallberg of Traction Inc. is a Certified EOS Implementer(tm) that helps business owners and their leadership teams get more of what they want from their business.

 

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Topics: EOS