This article was originally published on the EOS Worldwide blog on August 6, 2018. How does a company successfully transition from one generation to the next? For many teams, just the term “succession planning” can be overwhelming. All the details of buying/selling and ownership transition are daunting, but beyond all that is one question plaguing business owners: “Even if we …
Every good endeavor has a cost. Whether it’s finances, time or resources, success takes significant investment. Usually, business leaders know the cost and they’re willing to do what’s needed to take their businesses to the next level. But there’s another cost besides money, time and resources. For companies that run EOS, the investment is more precious and more personal.
Did you know that the most important part of your annual planning session isn’t planning? If you’re like many companies, your leadership team skips the most critical component of your annual planning. And it negatively impacts your team’s creativity and goal setting for the coming year.