In today’s fast pace business world, growth requires more than just a good idea. It requires a system to guide your company’s growth. Enter the Entrepreneurial Operating System (EOS) - a streamlined and reliable solution to help you simplify your operations, increase productivity and achieve your vision.
What is the Entrepreneurial Operating System?
The Entrepreneurial Operating System, developed by Gino Wickman, is a proven process for implementing EOS Tools known as the EOS Process®. It is a set of concepts and tools around Six Key Components: Vision, People, Data, Issues, Process, Traction. This holistic approach helps you get your team aligned, make data driven decisions and execute on your strategy.
The EOS Model: Six Key Components
The EOS model is a visual representation of how these components work together to create a business strategy. At a high level the model looks like:
Vision: Get the whole company aligned to a common goal
People: Get the right people in the right seats
Data: Use metrics to get an unbiased view of the company
Issues: Address problems quickly
Process Component: Document core processes to get consistency
Traction: Discipline and accountability to execute the vision
The EOS Model is a proven process for achieving business success.
The EOS Accountability Chart: Roles and Responsibilities
One of the EOS Tools in the EOS toolbox is the Accountability Chart. Unlike an org chart, the EOS Accountability Chart focuses on the core functions of the business and who is responsible for each. This tool helps to:
Clarify roles and responsibilities
Identify gaps or overlaps in accountability
Get every key function to have a clear owner
The Integrator: The Glue for the Leadership Team
In the EOS model the Integrator is key. This person brings the major functions of the business together, manages day to day issues and keeps the company on track to its goals. The Integrator works closely with the leadership team and the Visionary (often the founder or CEO) to turn big ideas into action plans.
EOS Questions: Get Clarity and Focus
EOS says ask the right questions to grow your business. Some key EOS questions are:
What’s your company vision?
What are your core values?
What’s your 10 year target?
What are your rocks (priorities) for this quarter?
Review these questions regularly to keep the team aligned to what matters most. It is crucial to get everyone in the organization on the same page with the company's vision and goals.
The People Analyzer: Get the Right People
The People Analyzer is a practical tool to evaluate team members against two key criteria:
Do they fit the company culture (i.e., live the core values)?
Do they Get it, Want it and have the Capacity to do their job (GWC)?
This tool helps leaders make objective decisions on hiring, firing and role alignment so every seat in the organization is filled with the right person.
How to Implement EOS in Your Business with an EOS Implementer
Implementing EOS requires discipline and consistency. Here’s how to get started:
Start with the Vision/Traction Organizer (V/TO) to get clarity on your company direction
Use the Accountability Chart to define roles and responsibilities
Have regular Level 10 Meetings to address issues and stay aligned
Use the People Analyzer to get the right people in place
Create a Scorecard to track key metrics and make data driven decisions
Every business owner should consider working with an EOS Implementer to guide the implementation process. An EOS Implementer can help by providing a systematic approach, teaching the Six Key Components, and helping companies achieve their goals through structured processes.
Get Started
The Entrepreneurial Operating System is a system of management that can grow and scale your entire organization. Mastering EOS processes is crucial for successful implementation. By focusing on vision, people, data, issues, process and traction you’ll get clarity, accountability and scalability.
Whether you’re a startup looking to get your foundation right or an established business looking to break through to the next level, EOS has the tools and framework to help you get there. Start your EOS today.
