Those familiar with EOS know that an Accountability Chart crystallizes roles and responsibilities for everyone in the organization. It’s built by focusing first on the right structure for the organization – identifying the major functions (seats) necessary to execute on the company’s vision over the next 6-12 months and then carefully defining the five roles the owner of each seat must obsess about every day to be successful. Only then can you focus on getting the right people in the right seats. It’s a simple tool that clearly defines the things for which every single person in the organization is accountable.
Component: Traction
Are You Keeping Score?
When it comes to tracking how a business is doing, many business coaches or EOS Implementers™ find that business owners are relying on things like financial reports and other types of forecasting data as a way to monitor the pulse of the company. While tracking financial data is important, it doesn’t give you a full 360° view into how the business is doing. What you really need is consistent access to measurables that show you how you are doing right now, allowing you to correct your course and make changes over time to prevent or minimize errors.
Everyone Has a Number – What’s Yours?
Scorecards help leadership teams come up with numbers that are based on essential activity, but what do those measurables actually mean to the business? When used correctly, your organization’s numbers give everyone a single, measurable unit that guides them in their daily work. The right numbers in a business enable business coaches or EOS Implementers™ to create clarity and accountability throughout the different teams in a business by having a clear picture of expectations and goals. When an organization has clearly defined measurables in place that are each assigned to an individual who is held accountable for them, it gives everyone something to focus on.
Make “Meetings” Your 2013 Business Resolution
Having world-class, rock-solid weekly meetings will make a difference in achieving your goals in 2013, as well as saving you time and building team health.
Accountability for Owners
One of the biggest challenges faced by owner-operators is accepting that they are accountable in a detailed way for the success of their business.
How GWC Can Work for You
Filling out the Accountability Chart with the help of a business coach or EOS Implementer helps leadership teams identify who is accountable for what, but it doesn’t necessarily mean that the right people are in the right seats. Before you move people into new roles or start hiring new members of the team, you need to start with GWC.