Imagine a multi-generational (Boomers, Gen-Xers, Millennials) team of employees who are disciplined, and accountable to each other. All entrepreneurs and business leaders face similar frustrations—personnel conflict, profit woes, and inadequate growth.

Traction Summary - Gino Wickman - Shortform [PDF] Traction Summary - Gino Wickman - Shortform

In Traction: Get a Grip on Your Business, Gino Wickman states that implementing vision involves “getting everyone in the organization 100% on the same page with where your company is going and how you’re going to get there.The person raising an issue should indicate the response needed—for example, she might say, “I just want to make sure everyone understands and agrees with the new maintenance. The Entrepreneurial Operating System provides two tools to help your leadership team uncover problems, drill down to the cause, discuss solutions, and act: the issues list and the “Issues Solving Track” (a three-step process). In the book / full summary, we take a closer look at each of the meeting types (quarterly, annual, weekly) to explain the objectives and agenda. Darton Case, President, The Entrepreneurs' Organization "The concepts in Traction saved our company from mediocrity and propelled us to excellence.

Traction: Get a Grip on Your Business by Gino Wickman - Goodreads

An organization can only become the best version of itself to the extent that the people within the organization are striving to become better versions of themselves. Having grown up in the Christian Church, I have experienced the truth of this Fortune magazine quote of Jim Collins, "no major decision we've studied was ever taken at a point of unanimous agreement. To fulfill that passion, Wickman created the Entrepreneurial Operating System (EOS®), a holistic system that, when implemented in an organization, helps leaders run better businesses, get better control, have better life balance, and gain more traction—with the entire organization advancing together as a healthy, functional, and cohesive team.And thus, gaining traction is making our vision a reality by doing the 10X action steps that will move you toward your vision.

Traction by Gino Wickman | Book Summary » Process Hacker

Also, for a more complex business model, such as manufacturing, this system will be less effective, than for a simpler business model, such as a professional services firm. Review the previous quarter: Review the financials, then review the company and leadership team priorities to confirm which ones were achieved (you won’t complete 100% every quarter; strive for 80% or better). The book outlines a holistic approach to running a business and covers various aspects, including setting clear goals, creating an accountable and effective team, implementing processes, and achieving measurable results. Each quarter is a new opportunity to begin giving your team more concrete direction, engagement, and accountability.

Get a Grip: How to Get Everything You Want From Your Entrepreneurial Business ( book summary and pdf free download): Tells a fictional business fable about an entrepreneurial company hitting the ceiling. Review the company’s and team members’ priorities to see which are on track; when a priority is off track, move it to the IDS agenda item. I know people who have worked with an EOS implementer to some success and I can see the applicability of his reformatting of the Rockefeller Habits as a useful tool. However, in a healthier organization, tight control and monitoring is threatening, and creates dissonance, when there is little to no employee input. Do Not Rule by Consensus: When your team does not agree upon a solution, do not make decisions by majority rule.