19 Mar The Transformative Benefits of the Entrepreneurial Operating System (EOS)
For last week’s webinar, we spoke with EOS expert Damon Neth. Neth is a Certified Implementer of the Entrepreneurial Operating System. Additionally, he is an accomplished entrepreneur and a leading EOS business coach. He co-authored a best-selling book entitled X-Formation: Transforming Business Through Interim Executive Leadership and has founded five companies and acquired four others.
EOS is a powerful set of business tools, which provides a framework that empowers companies to create a clear vision throughout their entire organization, and in the process, boosts the health of the company as a whole. Click here to access the webinar.
EOS is based on the book Traction: Getting a Grip on Your Business, which is written by Gino Wickman. The effectiveness of EOS is underscored by the fact that EOS is currently utilized by over 10,000 companies around the globe.
During the webinar, Neth discussed just what it is that makes EOS such a powerful tool for the companies that adopt it. He explained how EOS is a powerful set of tools that, as Neth explained, “Are being used by businesses every single day to grow, transform and capitalize on opportunity and deal with problems. These tools provide strategic advantages and strategic tools that many organizations implement to become better, to best their competition, to become stronger.”
Through EOS, it is possible to establish a clear vision for your organization and that of your sellers as well. Neth points out that cultivating this vision is about finding clarity of purpose so that every team member is pulling in the same direction. When used from the top to the bottom of a company, the tools provided by EOS can have a transformative effective. Discipline and accountability are key focal point of EOS, as it is through discipline and accountability that the health of companies can be enhanced greatly.
At the core of EOS is the concept that everyone should share the same company vision. As Neth notes, “Everyone should be aligned around the shared vision and pulling in the same direction.” At the heart of pulling in the same direction is the idea that there must be good, consistent and steady communication. In order to facilitate this level of communication and understanding, it is necessary to have a transparent system in order to remove barriers, blockers and impurities. When properly utilized, EOS creates an opportunity through which everyone can not only identify their own issues, but also find ways to solve those issues.
In our next article, we’ll further explore how businesses can implement EOS. EOS offers specific tools that can help any business is a range of empowering ways, and that means it should be of tremendous interest to your clients.