The EOS Model®: People Component™

THE EOS® MODEL

The EOS Model® provides a visual illustration of the Six Key Components™ of any business that must be managed and strengthened to be a great business. This model applies to big and small businesses alike, in any industry.

PEOPLE

The second key component of any business is the PEOPLE Component™. Simply put, we can’t succeed without a great team. That means putting the right people in the right seats, from top to bottom, to help you achieve your vision.

After all, EOS® Isn’t a computer operating system. It’s a people operating system that harnesses human energy through a simple set of tools and principles.

THE FIVE LEVELS OF THE PEOPLE COMPONENT™

Are you always running out of time to focus on what matters most in your function and role? Do you feel you get into things that should be handled by your team? You’ll never have enough time unless you have the right people in the right seats. And you will never have the right people in the right seats unless you have the right structure.

RIGHT STRUCTURE

In EOS®, the right structure is defined by the Accountability Chart, which simplifies and communicates clear guidance for your team so that everyone understands their function, role and responsibilities. The chart is outlined before you decide who sits in those seats so that you don’t limit yourself to current strengths and weaknesses of your existing team. Structure first, people second.

RIGHT PEOPLE IN THE RIGHT SEATS

The right people means that they fit your core values, and the right seat means they “Get it, Want it,” and have the “Capacity to do it” (GWC). If you don’t have both, you will continue to run into issues of spending time managing behavioral issues, performance issues, or both.

ENOUGH TIME

Work towards delegating and elevating yourself to where you add the most value in your business, focused on your functional roles and responsibilities. It helps identify what to Elevate yourself to; things that you love and are great at and things that you like and are good at. Then determine what to Delegate; things that you don’t like but are good at and things that you don’t like and are not good at.

There are two other tools to help in answering the “enough time” question:

  • LMA – Leadership, Management, & Accountability. TO be comfortable in letting go and delegating items, you must lead well, manage well and hold people accountable. If you are always running out of time, it may be because of your team!
  • Trust Builders – Where there is distrust, you waste time and energy managing behaviors, dysfunction, drama, and unexpected issues. Provide your team with quarterly trust-building activities, and start having open and honest conversations.

TIME TO FOCUS

Imagine yourself being able to answer “yes” confidently to all three questions:

  1. Do I have the right structure?
  2. Do I have the right people in the right seats?
  3. Do I have enough time to focus on what matters most?

If so, you will lead well and focus on the right things for your organization where you add the most value.

Want to run a friction-free business?

Contact Andrea Schlapia to learn how the Entrepreneurial Operating System® can transform your team, your profits, and your life.

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