What is EOS? If you are familiar with the book titled Traction: Get a Grip on Your Business, you may recognize that EOS is an acronym that stands for “Entrepreneurial Operating System”. Traction was written by business owner Gino Wickman, and it helps other business owners focus on what is really important for a small company to be successful. Wickman breaks the EOS down into six basic components: vision, people, data, issues, processes, and traction. Growing, successful companies will be able to define these components, put them in context, and align their businesses with these six parameters.
Much like a computer, or a computerized device, people tend to behave and live their lives according to their own internal value system. Who you are genetically, how you were raised, and your early and recent experiences all combine to form your personality and how you relate to others and the world around you.
It holds true in both your personal life and your professional life. Your personality and your internal value system determine how you will behave in certain situations. These behaviors take on a life of their own when groups of people get together in order to reach common goals and objectives and all of their personalities have to interact with each other.
So if your organization has hit a wall and is no longer growing or flourishing, and you and your work teammates are feeling disconnected from one another, perhaps it’s time to apply a new EOS to your business. And as a business owner or stakeholder, you may ask yourself if the risk of installing a new EOS is worth it. Asked a different way, the question might be what would happen to your computer if you decided to just stick with Windows 95 20 years ago? Do you think your computer would still work? It might still work, but it would probably run very slowly, and be prone to lockups and other system problems. Your computer would also not be very secure. It would be vulnerable to hacking by people who would look to take advantage of the weakness in your system.
So now that you understand that there is more risk in doing nothing than there is in making a change, what are you going to do? Fortunately, you are not alone. Help is available in the form of books, websites, and people with experience and expertise in small business transformation. All you have to do is decide to make the change and commit to your decision!
The painful reality of organizational change is that it is usually very difficult and fraught with peril. Even the smallest companies are like battleships that can take an extremely long time to turn in another direction. People who drive change in an organization will have to convince those who are well off under the current way of doing things that things will be even better for them once the changes are made. The change agent may have some lukewarm support from those who believe that the new way will somehow benefit them, but they may need a lot of convincing in order to be loyal, enthusiastic change supporters.
As a sales professional, I know that companies will not buy a transformational solution until the “pain of the same is greater than the pain of the change”. The same holds true for implementing a new EOS.
Here are the definitions of the six basic components of an EOS:
The EOS is the code that sits behind your business. The EOS supports the goals and objectives of your company, and gets everyone in your organization on the same page.
Some say that EOS is like an open-source piece of software. You get your primary support from the user community. So whether you get your support from the user community, a book, YouTube, or by engaging an EOS professional, your choices are manifold:
VBS and EBS are users and supporters of Traction and the EOS approach to business. To learn more about these two important business principles, click here.