You have a great business with a unique product, great market share and good cash flow. You have a clear vision for where you want to take your business. However, without the right people, in the right seats, that vision won’t be shared by your team, you will take longer to achieve it – and even risk it not happening.
Advice and Insight for Entrepreneurs and Leadership Teams
Accountability and discipline are often associated with negative stereotypes and consequences. It usually means forcing something on someone. It doesn’t have to be. When done right, accountability is embraced instead of feared. If you are doing all you can as a leader and manager, then accountability results. If not, then it’s time to find another person to fill that seat.
Many business leaders have worked hard to build their company's culture, only to realize that they've created a culture without accountability. There's a healthy work/life balance and employees enjoy being together, but productivity isn't as strong as it should be and no one seems to be on the same page.
Many leaders are afraid of being "the heavy" and ruining company culture by suddenly holding employees accountable for their work. How can you create accountability throughout your organization without damaging morale?
Leadership turnover is inevitable in a growing/entrepreneurial company. In fact, approximately 80% of companies that implement EOS® experience a leadership team change within the first few years of their implementation. It’s a natural outcome as the priorities and roles within the company gain laser focus.
I've seen a number of boss/buddy relationships over the years, but the one relationship that stands out the most is my own.
When I first took over the helm of running my family business, we had my father and two uncles in the company, and five other family members were involved.