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GET A GRIP! AND GET WHAT YOU WANT OUT OF YOUR BUSINESS

March 3, 2020
 
 
Most entrepreneurs struggle to work "on" their business instead of "in" it. They don't often get the opportunity to take a step back and look at their business under a different lens.
 
On February 12, entrepreneurs had a chance to do just that. During an interactive workshop hosted by Gerber and presented by Professional EOS Implementer Rebecca Lockwood, they learned about the EOS Model, the EOS Process, and the real-world, practical tools that can help their business today.
 
If you were unable to attend the workshop, no worries. Here's what you missed:
 
The EOS Model
The EOS Model is broken down into six key components; each one includes valuable tools that strengthen each component. Most companies run only 20% strong in one or more components, succeeding in spite of themselves. EOS's goal is to achieve at least 80% strong in all of the areas.
 
The six components are:
 
 
Vision
Achieving a company's Vision involves getting the leadership on the exact same page in the following eight areas of the Vision / Traction Organizer:
    1.  Core Values - what your company stands for
    2. Core Focus - your company's sweet spot
    3. 10- Year Target - your big, hairy, audacious goals (BHAG)
    4. Marketing Strategy - your target market, 3 uniques, proven process and guarantee
    5. 3-Year Plan - your top 3 - 7 priorities for the year
    6. Rocks - your most important goals for the next 90 days
    7.  Issues List - a parking lot for company-wide issues

People
The structure of a company must be built first, followed by hiring the right people who exhibit the culture of your company. This can be accomplished with two EOS tools:
    1. The Accountability Chart - defines the basic functions of your company, and the five major tasks these positions are accountable for.
    2. The People Analyzer tool - used to determine if a team member gets it, wants it, and has the capacity to do the job.
After you've completed the tools, you need to ensure you have the right people in the right seats in the company.
 
Data
It's important to run your company on facts, not objective information. This happens by determining the 5-15 high-level numbers that provide you with real-time information about your company. These measurables should be placed on your Company Scorecard and assigned to a leadership team member so issues can be identified and dealt with as they arise.
 
Issues
Your company should support a culture where team members are comfortable verbalizing company issues and adding them to an Issues List. Then the team can Identify, Discuss and Solve (IDS) the issues.
 
Process
Your documented company processes need to be simple, consistent and scalable. Follow the 80 / 20 Rule: document 20% of the processes that get you 80% of the way there.
 
Traction
The Traction component executes the Vision through a meeting pulse that occurs weekly and quarterly. The meetings begin at the same time, start and end on time, and have the same agenda. They should review the progress of all tools in all components. They are called "Level 10 Meetings" because each team member rates the meeting on a scale from 1-10, so leadership knows how to improve future meetings.
 
The EOS Model and its 26 tools can help you "Get a Grip" on your business. Do you have questions about the EOS process, this presentation or how it can help you get what you want out of your business? If so, please reach out!
 
 
 


INDEX
  • INNOVATE, UPGRADE & DOMINATE
  • RECOVERING FROM THE GREAT PAUSE
  • THE VALUE OF INCLUSIVE LEADERSHIP: PART II
  • THE VALUE OF INCLUSIVE LEADERSHIP
  • DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR?
  • DEAL CLOSING IN UNCERTAIN TIMES
  • WHAT IS A CASH FLOW FORECAST AND WHY YOU NEED IT
  • LEADING TO SUCCESS - LEADERSHIP HIRING DURING COVID-19
  • A NEW KIND OF ENVIRONMENT - THE EVOLUTION OF PEOPLE AND PLACE DURING COVID
  • SUCCESS BEYOND THE GREAT PAUSE CONNECTION, CASH, CREATIVITY & COLLABORATION
  • THE STATE OF COLLEGE IN 2020
  • TAKE PAUSE DURING THE GREAT PAUSE: A WEBINAR FOR DENTISTS
  • GET A GRIP! AND GET WHAT YOU WANT OUT OF YOUR BUSINESS
  • YOUR LEASE IS UP, NOW WHAT?
  • LETS TALK PE MINORITY EQUITY: THE ALTERNATIVE SALES STRATEGY
  • BUILDING A BEST PLACE TO WORK
  • GETTING YOUR BUSINESS SECURITY IN CHECK
  • SONGS AT THE CENTER LIVE AT GERBER! PART DEUX
  • MOTIVATING THE HIGH PERFORMERS IN YOUR BUSINESS
  • WHAT YOU DON'T KNOW... WAGE & HOUR LAW IMPACT FOR BUSINESS OWNERS
  • INTELLECTUAL PROPERTY AS A VALUE DRIVER FOR YOUR BUSINESS
  • COMPETITION FOR CASH
  • FOR BETTER OR FOR WORSE
  • HIRING THE RIGHT CONTROLLER FOR YOUR BUSINESS
  • GUYS' NIGHT WITH GERBER
  • LADIES' NIGHT
  • BUSINESS GROWTH MADE SIMPLE
  • SONGS AT THE CENTER. LIVE AT GERBER!
  • UPSTREAM GRATITUDE: CREATING A CULTURE OF GRATEFUL EMPLOYEES WHILE INCREASING YOUR BOTTOM LINE
  • DIGITAL DANGERS AT HOME
  • ORGANIC CONTAINER GARDENING
  • COOK HEALTHY, COOK EASY
  • HIRING IN A HIGH-GROWTH ENVIRONMENT
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