As I began to read this book, I was reminded of a book co-authored by Chip and Dan Heath in which they explain why a few ideas “stick” but most don’t. It can also be said about business initiatives in that some have “traction” but most don’t. That is Gino Wickman’s core thesis. As he explains, most entrepreneurs experience one or (probably) more of five common frustrations: lack of control, underperforming workers, insufficient (if any) profits, limited growth potential, and dysfunctional operations. In a phrase, they can’t “get a grip” on their business. What they need is what Wickman characterizes as a “holistic, self-sustaining system that addresses the six aspects of a business”: Vision, People, Data, Issues, Process, and Traction. What he offers is the Entrepreneurial Operating System (EOS) that, if “mastered” (i.e. installed and then maintained properly), will enable business leaders to integrate the six components of their business “into a powerful framework that will help [them] gain traction and realize the vision [they’ve] always had for [their] company.”
Business Communication Tips
There are many business communication tips one could share, but I am focusing on two that come to mind because of experiences I had this week.
Truth, Pain, Improve, Grow … Repeat
Are you growing? If you’re not growing, you’re dying. There’s a very specific process for how you grow. As Dr. David Viscott said, “If you cannot risk, you cannot grow. If you cannot grow, you cannot become your best. If you cannot become your best, you cannot be happy. And if you cannot be happy, what else matters?” Are you a growth-oriented person, or are you more comfortable with the status quo? If this quote resonates with you, you’re probably a growth-oriented person.
Disengaged Employees
It’s estimated that uninspired, disengaged employees cost American business more than $350 billion annually. Over the last decade, a Gallup Poll of 10 million employees revealed that two thirds felt they were not given the opportunity to do what they do best every day.
The Ambition to Excel
Yesterday was President’s Day and I thought I’d share a story about John Adams, our second President.