Traction: Get a Grip on Your Business

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Inside Traction, you’ll learn the secrets of strengthening the Six Key Components™ of your business. You’ll discover simple yet powerful ways to run your company that will give you and your leadership team more focus, more growth, and more enjoyment.

Digest these powerful tips in minutes with our summary & infographic! 4. Issues: Build a solutions-oriented environment When everyone follows their process, it’s much easier for managers to manage, troubleshoot, identify and solve issues, and therefore grow the business. The clear lines of process enable you to let go and gain more control.” If your business seems to be spinning its wheels, part of the problem may be that you’ve become so wrapped up in it that you’ve forgotten it’s a separate entity from you. To reach the next level you need to build it into a self-sustaining entity, powered by an effective system rather than by your determination.

PDF Summary Chapter 7: Documenting Processes

Also, communicating a vision to the employee team, that was not involved in helping to create the vision (the method put forth in the book), there is high risk of not everyone sharing in the vision, and being motivated by it; especially millennials that want to be more involved, and not simply be told what to do. Command and Control Leadership Right People – “the ones who share your company’s core values;” they understand the vision, fit within the company culture, and will work to make the organization better

I am telling you that, and you can. Believe it or not, you already have everything you need to make those changes.” In EOS, everyone in the company should have something they do to contribute value to the organization that is measured consistently: Identify all obstacles to your targets. They'll emerge as you work through previous steps; capture them. An issue is any unresolved problem, idea, or opportunity.Also, for a more sophisticated, developed or complex business model, such as manufacturing, this system will be less effective, than say for a simpler business model, such as a professional services firm.

Unique Ability – an employee’s characteristics, values, and strongest skills that maximize their effectiveness and worth to the companyThe right position is the one in which the job duties match the employee’s distinctive skills and talents and she’s able to apply her abilities to the greatest effect. The person in the right place creates value for the company and receives value from having the opportunity to hone a talent. You will reach an inevitable ceiling. You need to choose a leadership team that has the five core leadership abilities: However, for the EOS® to work, you (the founder/owner) must be willing to embrace 4 mindset shifts: I almost hesitated to write what you are about to read because the book’s system is so widely popular. But with "integrity"being one of my core values, I must admit I was disappointed in the system outlined in the book.

Numbers create clarity and commitment when one understands their numbers and commits to achieving them. I also think that to scale up a business’ growth, profits, and create sustainable success,higher level strategies need to be put in to play. This is just because a business operating at a higher level is ready to use more impactful tools. I will help you scale and profit by streamlining and optimizing your operations and project management through simple, proven, and practical tools.In the system outlined in the book, core values are established by leadership, and presented to employees, with no employee involvement developing them. Just like the vision, they are “pushed down” to employees. All entrepreneurs and business leaders face similar frustrations: personnel conflict, profit woes, and inadequate growth. Decisions never seem to get made, or once made, fail to be properly implemented. But there is a solution. It’s not complicated or theoretical. Traction gets 4 stars for being the very bestest management book I have read. Unfortunately, that's a scale that maxes out at four. Thus I've proven that business management literature is the antithesis of SpinalTap. If a business is a start-up with a small team, or is a few years old, this system will provide solid foundational footing. It will also help a more established business that already has a strong leadership team and culture in place, and perhaps needs to make a few “tweaks” to tighten up operations.