Overview of EOS Traction Toolbox (Part 1 of 8)

If you lead an organization and want to stabilize, grow or transition it successfully, you must read Traction by Gino Wickman. I discovered this valuable resource many years ago and have been applying this set of tools with multiple clients with outstanding results. Over the next several newsletter articles I will be sharing an overview of the Entrepreneurial Operating System (EOS) toolbox to encourage you to explore it for yourself.

     If your organization struggles with issues like misaligned teams, frustration, lack of accountability, unclear roles, weak marketing messages, poor communication, unproductive meetings, lack of focus, or mediocre results, EOS (Traction) can help you address these challenges and more.

     What makes the EOS (Traction) so powerful is its simplicity and straightforward implementation. (Note: simple doesn’t mean easy!) The system is designed to expose the real problems in your organization so you can tackle them head-on—but you must be willing to do the work.

Gino Wickman identifies six essential components for a thriving organization:

1.      Vision Clearly define your organization vision. EOS offers a simple two-page tool that answers eight key questions, aligning your entire team on the same page.

2.      People Surround yourself with the right people in clearly defined roles they understand, want, and can fulfill. Traction includes an accountability chart and a people analyzer to ensure alignment with company values and roles.

3.      Data Great leaders manage by data. EOS provides a Scorecard tool to track key metrics that give real-time feedback for effective management.

4.      Processes Document and follow your key processes. This chapter guides you to standardize systems so your organization can grow and be consistently replicated.

5.      Traction This often-overlooked area focuses on execution. Using 90-day goals called “rocks” and a meeting system called the “meeting pulse,” EOS drives accountability and problem-solving across your team.

6.      Issues Prioritize and solve problems systematically using the IDS process—Identify, Discuss, and Solve—to clear obstacles that hold your organization back.

     The Traction toolbox has helped transform many organizations by creating clear accountability and focus. It’s well worth your investigation.  We will be exploring each of these six components over the next several newsletter articles.

     I can help you explore into how this Traction toolbox could help you and your organization thrive.  Email me to set up a conversation (davebeam@mentordavebeam.com)