Last Monday, I facilitated a three-hour workshop for 60 small- to medium-sized entrepreneurial companies who wanted to increase discipline and accountability in their organizations so that they could execute their company vision. The problem with the companies and the reason they were attending my workshop was that none of them had a written plan for 2019. Everyone had a vision with goals and objectives for the new year, but they didn’t have a simple way to capture it.
Unfortunately, it’s been my observation that this is more common than you would think. I personally have been there with my first two companies that I built. My partner and I had a great vision, but we never wrote it down. When I made my first hire, I simply described who we were and where we were going to the new employee. What a mistake! Because I hadn’t taken the time to build a plan with goals and objectives and share it with my employees, I created a culture where everyone was disconnected and rowing in opposite directions. As Winston Churchill once said, “He who fails to plan is planning to fail.”
To help these companies in my workshop capture their vision, I introduced them to the V/TO™. The Vision/Traction Organizer is a simplified business plan that asks eight questions:
What are your core values?
What is your core focus?
What is your 10-year target?
What is your marketing strategy?
What is your three-year picture?
What is your one-year plan?
What are your Quarterly Rocks (priorities)?
What are your Issues?
The best way to answer these questions is to assemble your leadership team offsite for three to four hours to collaborate and build the plan based on their answers. Once completed, you now have a document that can be shared with everyone in the company, getting them on the same page and rowing in the same direction!
Download your free Vision/Traction Organizer by going to www.eosworldwide.com/vto.