EOS Tools During a Pandemic

quote-we-do-not-learn-from-experience-we-learn-from-reflecting-on-experience-john-dewey
EOS Annual Planning
December 11, 2019
horsemen
The Four Horsemen: Signs Your (Business) Relationship is in Trouble
October 20, 2020

Very often, crisis creates clarity. It seems easier to make decisions when your options are limited and your proverbial ‘back is up against the wall’. What must me clear is that you will emerge stronger.

In times of crisis, the future gets murky – so you need to focus on what’s right in front of you. Timelines get reduced when data changes day-to-day or even hour-by-hour. You reduce your thinking to what’s really important – right now.

This is when the EOS Foundational Tools become even more important:

  • Vision / Traction Organizer
  • Scorecard
  • Accountability Chart
  • Rocks
  • Meeting Pulse

Vision / Traction Organizer

The middle time frame may get muddled. Quarterly Rocks, 1-year Goals and even the 3-year Picture may be in for dramatic changes. Some businesses are thriving in the current environment. Others may be thinking only of survival. Remember what’s most important: your Core Values and your Core Focus. Who you are as an organization and the emotional ‘WHY’ you are in this business to begin with is what sustains you during times of crisis.

Scorecard

Adjust the Scorecard to reflect new goals given the dramatic economic impact. 

  • Are there certain thresholds that will help you decide when to cut overhead or salaried staff?
  • What are the critical leading indicators that will tell you if your company will survive – or even thrive?
  • This crisis will really help bring what’s really important into laser focus

Accountability Chart

Adjust the Accountability Chart to reflect the realities (A smaller business? A bigger business?)

  • Come up with 3 scenarios: Best case, worst case, middle case – and map out what the Accountability Chart looks like in each scenario. 
  • A thorough and up-to-date Accountability Chart makes it much easier to assign all the important roles if you must scale down operations and overhead. Just drag-and-drop roles and assign them to people who will stay on.

Rocks

  • Quarterly Rocks may now be moot
  • Weekly To-Dos may feel more like Rocks

Meeting Pulse

Meeting Pulse – the pulse is quickened and compressed since we can’t predict very far into the future

  • Weekly L10s are turning into Daily Huddles
  • Quarterly Rocks are now more like Weekly To-Dos

Next Steps:

  • To learn more, you can download a free chapter of Traction here: EOS Traction Chapter 1
  • For a free overview of EOS and the tools that can transform your business, schedule me here: 90 Minute Workshop