Welcome to the fourth issue of the Business Building series, where we'll be diving deeper into the world of CEO business coaching and introducing Gino Wickman's EOS Method.

This method, also known as the Entrepreneurial Operating System, is based on the principles of simplifying and streamlining a business to improve efficiency and profitability.

It has been used by thousands of companies worldwide and is designed to help business leaders achieve their goals and objectives by creating a clear vision, building a strong team, and establishing a set of core values and beliefs.

Estimated read time: 3 minutes

What is unique about Gino's EOS Method?

Additionally, the forms used in the scaling-up method are accessible using a form where you get the links sent via email.

One of the unique features of the EOS Method is its focus on integrating all aspects of a business - people, data, and strategy - to create a cohesive, high-performing organization. It also uses a simple, easy-to-use system that consists of six key components: vision, people, data, issues, process, and traction. 

The EOS Method also uses the V/TO (Vision/Traction Organizer) tool, which is a simple and effective way to create a clear vision for the company and track progress toward it. This tool creates a one-page document outlining the company's vision, values, mission, five-year goals, and three-year objectives.

It is the simplest of all coaching methods and a good starting point for a startup with a very small team. It is questionable though if it would meet the challenges and demands of more established businesses.

It is also supported by a comprehensive library of resources, including books, videos, and online training programs.

The resources consist of 16 Tools. 

Strategy and execution: 

Clarity Break

You need first to take one step back to start and continue this journey of transforming your business.

VTO: The vision / Traction organizer

Your business plan is on one page. You give direction and priorities.

Quarterly Rocks

Now everyone can link his priorities to the business direction.

 Company Scorecard

If VTO is to change the business, the scorecard is to run the business.

Create the KPIs and metrics for the key areas of your business starting from the rocks and then going through core processes, each core process owner will then go deeper within his area by having his own scorecard.

People

The 5 Leadership practices

Get into the framework of people by assessing yourself.

Kolbe

A good assessment to know yourself and key team members, it exposes their strengths so that you can play to them.

THE 5-5-5

An informal review structure for 1-1s that is quarterly, 5 minutes for core values, 5 minutes for rocks progress and challenges, 5 minutes for role performance. 

GWC

A great tool for not only assessing the current team but also potential hires during the recruitment process.

People Analyzer

Putting it together, where you take inventory for the harmony between team members, company values and if they are in the right seats. 

Accountability Chart

Your company structure by function and role.

Meeting pulse

Your meetings rhythm.

Level 10 Meeting

Effective meetings on steroids with a controlled structure.

Delegate And Elevate

A framework for delegation, where you get into a process to isolate what to delegate.

Process

3-Step Process Documenter

A simple procedure for documenting processes.

Issues Solving Track

Problem-solving is key for CEOs; a simple framework for that.

TLDR

In the fourth issue of the business building series, we introduced the EOS Method, a business coaching method developed by Gino Wickman.

This method is based on the principles of simplifying and streamlining a business to improve efficiency and profitability.

It has a unique focus on integrating all aspects of a business, creating a clear vision, building a strong team, and establishing core values and beliefs. It uses a simple, easy-to-use system and the V/TO tool to create a clear vision for the company and track progress towards it.

If you found this issue useful, share it with your fellow business owners and invite them to subscribe to the business builder.

Download your FREE eBook

If you want to learn more about building a successful business, be sure to check out my free ebook on the topic, available now on my website: luqmanshantal.com

Hit reply and let me know!

- Luqman