The business reality in Australia
There are some 2.3 million businesses operating in Australia.
About 12% of those businesses will exit the market every year
In the first three years 60% of new businesses will fail.
46% of companies fail because of poor strategic management.
Separate your business from the pack
Watch your EOS Implementer, Murray Smith, explain the six components of the Entrepreneurial Operating System®.
The Entrepreneurial Operating System® (EOS) is designed to focus on the six most important components of an organisation:
Vision – know where the business is, where it wants to be and how it will get there
People - have the right people in the right seats in accordance to organisational values and their ability to carry out their role
Data – run the organisation on measures not intuition or the next shiny thing
Issues – be able to identify them, discuss them openly as a team and importantly solve them so they don’t return
Process – consistency is the key to clarity for employees and customers
Traction – put in place accountability and performance checks to constantly ensure progress towards the vision