Why we like EOS (Entrepreneurial Operating System)
Written by Adriel Michaud
EOS (Entrepreneurial Operating System) is the most widely-adopted business management methodology in our part of the world, first introduced in the Traction book by Gino Wickman. We use this comprehensive business operating system and are big fans, so we thought we’d share why we like EOS.
Key Takeaways About the Entrepreneurial Operating System (EOS)
- EOS provides a complete business operating system that integrates six key components for organizational success.
- Our company has experienced significant improvements in meeting effectiveness and team accountability through EOS implementation.
- The structured planning model helps organizations achieve their long-term vision through quarterly rocks and measurable targets.
- EOS’s popularity makes it easier to find experienced talent and connect with company peer groups using the same system.
- The Level 10 meeting structure creates a consistent rhythm for addressing business challenges and tracking performance metrics.
- Core Values and Company Scorecard components ensure alignment throughout the organization.
- Working with an EOS Implementer helps organizations master the tools and processes effectively.
Here are the primary benefits we’ve experienced with EOS:
- Popularity and widespread adoption
- Good meeting cadence & agendas
- Structured business planning model
1. Popularity and Widespread Implementation
EOS is the most popular business management methodology by far. Due to its widespread adoption, you may find new hires who bring valuable experience with EOS implementation. Additionally, you can find support from your company peer groups because many organizations are using EOS and sharing best practices.
2. Meeting Cadence & Agendas
Structured Meeting Framework for Enhanced Team Productivity
With the standard EOS meeting cadence and agendas, our team meetings have become more productive, constructive, and effective at maintaining accountability. Our meeting structure includes:
A daily huddle meeting where the team reviews:
- Housekeeping and announcements
- Everyone shares a win or learning, top two priorities, and identifies any blockers stopping them from achieving their objectives
A weekly Level 10 leadership meeting that covers:
- Personal & professional wins
- Company Scorecard reporting and metrics
- Quarterly Rocks progress
- Customer and Employee Headlines
- To-do’s and action items
- IDS Process: Identify, Discuss, and Solve issues through structured problem-solving sessions
3. Structured Planning Model
Strategic Vision Planning and Implementation
EOS has a well-structured organizational planning model that integrates Core Values into strategic planning. Their Vision/Traction Organizer (VTO) provides a comprehensive view of your 10-year goal, 3-year plan, and 1-year plan, supported by clear business metrics and measurable targets.
With EOS, every team member has a clear role and measurable responsibilities within the organizational structure. The Accountability Chart goes beyond traditional org charts, ensuring everyone knows who’s responsible for what. This clarity fosters ownership and empowers us to work more efficiently while maintaining focus on process documentation.
Transforming How We Work
EOS is not just a business system; EOS is a transformative mindset. EOS has helped us create a culture of transparency, accountability, and continuous improvement through systematic business execution. Whether you’re a small business or a growing company, implementing EOS with an experienced EOS Implementer can provide the organizational structure and tools needed to thrive.
Important Information about Entrepreneurial Operating System
- The Entrepreneurial Operating System provides comprehensive benefits for small businesses by streamlining operations, improving communication, and establishing clear accountability structures.
- A full EOS implementation typically takes 18-24 months to achieve mastery of all core tools and processes.
- EOS distinguishes itself through its simplified approach to business management, focusing on six key components that address all business aspects.
- Organizations with 10-250 employees typically see the most significant benefits from EOS implementation.
- EOS enhances employee retention and engagement by providing clear roles, responsibilities, and growth opportunities within the organization.
- Implementation costs vary based on whether organizations self-implement or work with a certified implementer.
- Over 80,000 companies across North America currently utilize the EOS methodology.
- Organizations implementing EOS report an average 80% improvement in overall profitability within two years.
- EOS-run companies typically experience 20-30% year-over-year growth rates.
- Companies using EOS for two years report an average return on investment of 250%.