When hiking, the Compass ensures you follow the best path to your summit. When running your business, The EOS Model™ ensures you follow the best path to your vision.
When hiking, you have to stay focused to reach your destination. The same is true with running your business – The EOS Model defines what it is that you need to stay focused on – The Six Key Components™ of your business. Your ability to strengthen these components will determine how quickly you reach the destination of being a great business. This model applies to big and small businesses alike, in any industry.
The Six Key Components™
The 1st Key Component is what we call The Vision Component™. Strengthening this component means getting everyone in the organization 100 percent on the same page with where you’re going and how you’re going to get there.
The 2nd Key Component is The People Component™. Simply put, we can’t do it without great people. This means surrounding yourself with great people, top to bottom, because you can’t achieve a great vision without great people.
The 3rd Key Component is The Data Component™. This means cutting through all the feelings, personalities, opinions and egos and boiling your organization down to a handful of objective numbers that give you an absolute pulse on where things are.
With the Vision Component strong, the People Component strong and the Data Component strong, you start to create a lucid, transparent, open and honest organization where everything becomes more visible and you start to “smoke out all the issues”, which leads to the 4th Key Component.
The 4th Key Component is The Issues Component™. Strengthening this component means becoming great at solving problems throughout the organization – setting them up, knocking them down and making them go away forever.
The 5th Key Component is The Process Component™. This is the secret ingredient in your organization. This means “systemizing” your business by identifying and documenting the core processes that define your way to run your business – getting everyone on the same page with what the essential procedural steps are in your core processes and then getting everyone to follow them so you create consistency and scalability in your organization.
The 6th and final Key Component is The Traction Component™. This means bringing discipline and accountability into the organization – becoming great at execution – taking the vision down to the ground and making it real.
To the degree you focus on strengthening these components as leaders and managers, everything will fall into place. That will move your business into the top 5 percent.
There are hundreds of ways to strengthen the Six Key Components of your business and thousands of books that provide instruction for strengthening aspects of each component. So you can do this – you can strengthen your business and catapult it into the top 5 percent.
That said, if you want the benefit of our obsession and years of working with 2500 businesses, with over 15,000 days of honing and refining and perfecting the best 2 tools to strengthen each of the Six Key Components, we simply ask you to let us guide you.
Our passion, our sole existence, is helping people get what they want from their businesses.
Are you on the best path to reach your summit?