My Guest Over the past handful of years, there has been substantial growth in the number of companies who have decided to implement formal “operating systems” to govern certain strategic and operational decisions within their businesses. I implemented EOS (or “the Entrepreneurial Operating System”) in my own company beginning in 2015, and we continued toContinue reading “Installing an Operating System in Your Business: Lessons from Real EOS Implementations”
Tag Archives: board of directors
Evaluating Stock Options as Attraction, Retention, and Incentive Alignment Tools
Listen to this Blog Post In my second year as a CEO, it became clear to me that our business could benefit from formalizing and codifying our company’s core values. Though I was originally fearful that they might quickly devolve into tired, clichéd, and mostly hollow platitudes, I eventually came to appreciate that if theyContinue reading “Evaluating Stock Options as Attraction, Retention, and Incentive Alignment Tools”
The Merits, Risks, and Possible Unintended Consequences of Earn-Outs
Listen to this Blog Post When acquiring small to medium sized businesses, buyers often utilize a tool called an “earn-out”, which is a form of contingent consideration that sellers may receive at some point in the future in addition to the cash that they stand to receive at closing. Though earn-outs can be useful andContinue reading “The Merits, Risks, and Possible Unintended Consequences of Earn-Outs”
Constructing, Managing, and Working with a Board of Directors
Listen to This Blog Post Though most people have experience reporting directly into a boss or manager of some sort, very few people can say that the “boss” into whom they report is represented by the company’s Board of Directors. Indeed, in most companies, only a single person (namely, the CEO) can make such aContinue reading “Constructing, Managing, and Working with a Board of Directors”