The 4 Components of Business Examined by an EOS Implementer
An EOS (Entrepreneurial Operating System) implementor plays a vital role in modern businesses. Here is a look at the four components of your business that will be examined by one of these professionals.
1. The Vision of the Business
Every business, no matter how large or how small, should have a vision. This vision defines pertinent things that should be held at the center of every other business objective, such as:
- What the company persona should be in the eyes of the public
- How the business will grow and evolve as time passes by
- Who the prime target consumer base is in the business
When working with an EOS implementer, they will look at the existing vision you have for your business and if it is being executed properly.
2. The People within the Business
On many levels, the people within a business are what actually makes the business. However, those people who help you operate and function every day also have to be in the proper positions and taking on the proper roles for everything to go smoothly. The EOS implementor will work with you to point out the goals you have within your operation and whether the people you have working for your company are the proper fit for that common goal.
3. The Measurable Numbers of Your Business
When you strip away all of the marketing ploys, the products and services, and the people, you have something left that is valuable to every business: statistical data. Data is the data that can be used to assume certain things about your operation. For example, the numbers of your business can shed light on things like:
- What your monthly expenses are compared to your monthly profits
- How much you are spending on wages and employee benefits
- What your sales forecasts are for the coming months and how they could be tweaked
The people may make the business what it is, but the numbers behind the operation are just as important.
4. The Problems of Your Business
No matter how good your business is or how well it may seem to be functioning or making money, it is bound to have problems or issues. Problems not addressed can act as stumbling blocks for your business, but they are often neglected or treated as issues that are not all that important. For example, you may have a small issue targeting your product or service to the proper audience, but you are still making money. Unfortunately, not tending to these issues can lead to massive problems down the road.