As an EOS Implementer™ I have the pleasure of working with many leadership teams of entrepreneurial companies. I get together with them in a room every quarter to make sure they are moving towards their Vision, realign them as a team and solve issues. And though every team and company is unique in their own way, all businesses struggle with the same issues, different but the same.
Advice and Insight for Entrepreneurs and Leadership Teams
A State of the Company address is a critical part of getting your vision and your plan to achieve it “shared by all.” Simply put, it is a speech given by the Visionary or Integrator to update your entire workforce on your recent progress toward your targets.
Over the last 10 years, I’ve helped more than one hundred leadership teams implement the Entrepreneurial Operating System® in their companies. These entrepreneurs and teams all came to me for one simple reason – they weren’t getting what they wanted from their businesses. In our journey to clarify, simplify and achieve a company’s Vision, I’ve found that 80 percent of the time, one or more people change on the leadership team within the first two years.
I recently had a conversation with a friend who was struggling with managing a millennial. She asked me for thoughts on how to best manage her younger staff. As we talked, I realized that millennials take a bad rap for being needy for things that we as leaders and managers should be doing anyway.
I had an epiphany when my friend asked, “What have you seen or heard is the best way to motivate millennials?” Here’s what I told her.
Imagine you arrive at the office one Monday morning. You flip on your laptop, go get a cup of coffee, and come back to your desk – only to discover the blue screen of death. Your laptop is completely unresponsive and you can't do a thing because your operating system (OS) has crashed.
Without an OS, your laptop can't function. And without an operating system for your company, your organization can't function, either. Like your computer, your business needs an operating system to organize the way the organization functions. An OS ensures smooth communication between your leadership team and all your employees.