A Wildly Successful Business Is a Boring Business

inconsistentJim Collins says that mediocrity stems from chronic inconsistency. What a powerful and accurate phrase.

It’s frustrating for me to see business leaders making major changes in their company when their system is already working. Dig deep enough and you’ll often find it’s because the system has become old hat. There’s nothing wrong with the system, it just became boring to use.

Being bored isn’t a good reason to make business changes.

Extraordinary Success Stems from Ordinary Discipline

Consider this: An EOS client was interviewed after receiving an award for his company’s incredible growth, success and culture. When asked his secret, he described a cadence of regular meetings, quarterly priorities, reviewing weekly metrics, repeating the company’s vision often to all employees, hiring on core values, keeping his leadership team healthy, and solving problems.

After his answer, the interviewer looked almost disappointed, as if hoping for some magical answer for growing a successful business. The interviewer isn’t alone. Most people are looking for an easy way or some magic. There isn’t any.

Commit to Consistency

I urge you to figure out how to get excited about the boring everyday disciplines and to be consistent in your company practices. It will make your company great in the long run.

Meet regularly with your corporate leadership team—two days annually, one day quarterly, and 90 minutes weekly (here’s the EOS Level 10 weekly agenda). Review weekly metrics, share your organization’s vision with employees every quarter, build functional health on your leadership team, set and achieve quarterly priorities, and hire-fire-review-reward-recognize on core values.

Stay consistent. And follow this other great Jim Collins quote: “Overnight successes take 20 years.”

Next Steps

 

 

Related Posts

Three Levels to Achieve Focused Leadership

Years ago, during a dinner party, both Bill Gates and Warren Buffet said that focus helped them accomplish their achievements. When the leaders of the organization focus on leading, the business thrives. But achieving focus doesn’t just happen; you have to work through three levels to achieve focused leadership.

Read on »

Clear Signs Guiding Your Destination

On a recent trip to summit Grays Peak in Colorado, I learned a valuable lesson about clarity. It served as a reminder of the importance of clear signs guiding your destination, whether hiking or in business.

Read on »

When the Wrong People Stay, the Right People Leave

My heart broke for a family business recently. I tell their story hoping that it will inspire you to make tough decisions about family members in your business. This family learned the hard way that when the wrong people stay, the right people leave.

Read on »

Subscribe to the EOS Blog

EOS Worldwide

Subscribe to the EOS Blog:

LOGIN TO

Base Camp

LOGIN TO

Client Portal

LOGIN TO

ORGANIZATIONAL CHECKUP

Search the EOS Worldwide Blog

Search
Generic filters