I just started reading
Traction by Gino Wickman. Wickman sees common problems with entrepreneurial organizations and sets out to give the tools to address them. I think his summary of successfully operating businesses can be a great reference for all of us.
Successful businesses:
- operate with a crystal clear vision that is shared by everyone
- have the right people in the right seats
- watch and manage a handful of numbers on a weekly basis
- identify and solve issues promptly in an open and honest environment
- ensure everyone documents and follow processes
- establish priorities for each employee and ensure that a high level of trust, communication, and accountability exists on each team
Sounds simple enough. How do you score on these bullet points? Wickman claims, and I agree, that most companies operate at less than 50% in these key components of operation. Do you focus on these things on a regular basis?
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