Before you claim your organization is running on EOS, be sure that you have these five foundational tools implemented
You can’t grow unless you take your nose away from the grindstone now and again. When you pause business as usual and embrace the stillness it brings, you can get your bearings. Use EOS Foundational Tools™ to find stillness to better yourself and your business.
After years of working with entrepreneurs, I’ve found that organizations aren’t exempt. They all experience the effects of entropy and tend toward disorder. We call that “Hitting the ceiling.”
In a quarterly planning session six months ago, the team I was working with expressed great frustration with the inconsistency of their profit and cash flow. In some quarters, they did very well, while in others they barely broke even. In no recent period, however, did they generate as much profit and cash as they thought they should.
It was time for a deeper dive, so the team and I decided to pull out a tool called The 8 Cash Flow Drivers from the EOS Toolbox™ and see what we could do.
Tool (noun): “An instrument…used in performing a task necessary in the practice of a vocation.”
For most people, that definition may evoke the image of a carpenter using a hammer, a quilter using a needle and thread, or an electrician using a pair of needle-nose pliers. All simple and practical tools are used by people with varying levels of skill and experience to build, or fix, or create something.
When I was in my teens, my dad bought me a Norelco triple-head electric shaver for Christmas. It was a state-of- the-art tool ready to tackle the dozen or so hairs that were beginning to sprout on my chin. I used it for many years until I became frustrated by its inefficacy to closely shave what was emerging as a full beard. So, I switched to a new double-blade razor. Soon that was replaced by a triple-blade razor but, it seemed that no razor was up to the task.
