Kaine Mathrick Tech (KMT) thrives with the help of the Entrepreneurial Operating System (EOS)
I first came across EOS back in 2018 while attending the ARN Edge conference. That year, my fellow founder Scott Mathrick and I attended several conferences which, looking back, was the beginning of our transformation and growth journey. Back in 2010, Scott and I had the vision to start a technology business that challenged the status quo and did things differently. At a time when technology companies had a dubious reputation for treating their staff and customers badly, we wanted to start a business that put people and relationships first. This is where Kaine Mathrick Tech was borne.
From day one, we were very clear about what we wanted to deliver, who our clients should be, and our vision. In the early days, KMT (as it was known then) was just the two of us working out of our homes, we kept each other motivated and strategically we knew where we wanted to be. Slowly as we grew our client base, we began to build out our team and today we have a staff of 32 girls and guys who really are dedicated to going the extra mile in everything they do.
Kaine Mathrick Tech has grown on average 70% year on year since we started, it’s fair to say we have been busy. It became evident as we grew our team that our strategy, core values, and guiding vision were not as clear with the newest members of our team as it was with our founding members. We recognised it was time to embed a robust modus operandai that would ultimately keep us accountable to our strategic agenda and also keep the team working towards the same vision. This is where I identified that EOS would fill that void and elevate us to the next level.
We initially undertook a 2-day workshop and it is one of the best decisions we as a business have made. The first step involved the Leadership Team coming together to create the Vision Traction Organiser (VTO) which clearly states our Values, Vision, 10 Year, 3 Year, and 1 Year plans. We also created an Accountability Chart that aligns all of the key accountability to a person or future person. All senior members of our team were suitably impressed with the system’s clarity, specificity, and simplicity.
It’s an exciting new chapter for KMT as we are getting close to the end of our first 10 years in business. As we roll out and adopt EOS through the organisation I know that the next 10 years are going to be epic.
Thank you to my leadership team Scott Mathrick, Tom Solari, Carla Kaine and thank you to all of our staff at KMT who inspire me every day. Lastly thank you to our amazing clients, we are truly blessed to work with some great people.
What is EOS & Why it helps organisations grow
EOS, which stands for the Entrepreneurial Operating System, is a comprehensive management framework designed to help organizations achieve clarity, alignment, and growth. Developed by Gino Wickman, EOS provides a practical and actionable approach for businesses to overcome common challenges and thrive in today’s competitive landscape.
The core principles of EOS are built around six key components:
- Vision: EOS helps organizations define a clear and compelling vision that inspires and guides everyone in the company. By establishing a shared vision, all employees understand where the organization is headed and can align their efforts towards achieving common goals.
- People: EOS emphasizes the importance of having the right people in the right seats. It encourages organizations to build a strong leadership team and ensure that employees are aligned with the company’s core values and culture. Having the right people in place fosters a positive and productive work environment, leading to improved performance and growth.
- Data: Data-driven decision-making is critical for organizational growth. EOS promotes the use of objective data and key performance indicators (KPIs) to measure progress and make informed decisions. By analyzing relevant data, organizations can identify opportunities, address challenges, and continually improve their processes.
- Issues: Addressing issues proactively is vital for growth. EOS encourages open and honest communication, where team members identify and discuss obstacles hindering progress. By addressing issues in a constructive manner, organizations can resolve challenges and create a more efficient and cohesive work environment.
- Process: EOS helps organizations implement simple and effective processes to streamline operations and improve efficiency. By documenting and standardizing processes, companies can achieve consistency, reduce errors, and increase productivity, ultimately supporting growth and scalability.
- Traction: Execution is key to achieving the organization’s vision. EOS promotes a disciplined focus on execution, helping organizations set clear priorities, establish accountability, and track progress towards their goals. This focus on traction ensures that the organization stays on track to achieve its desired outcomes.
EOS is particularly helpful for organizational growth because it provides a framework that fosters transparency, accountability, and continuous improvement. By implementing EOS principles, organizations can break down silos, improve communication, and create a culture of collaboration and innovation.
Moreover, EOS empowers leaders with tools and methodologies that help them identify growth opportunities, streamline operations, and capitalize on market trends. The emphasis on data-driven decision-making and process improvement enables organizations to stay agile and adaptable in a rapidly changing business landscape.
In conclusion, EOS is a powerful management framework that helps organizations achieve clarity, alignment, and growth. By promoting a shared vision, strong leadership, data-driven decision-making, effective processes, and disciplined execution, EOS provides a roadmap for success and empowers organizations to reach their full potential in a competitive market.
Should my business consider implementing EOS?
Businesses should consider implementing EOS (Entrepreneurial Operating System) for several compelling reasons. EOS offers a practical and comprehensive management framework that can help organizations overcome common challenges and achieve clarity, alignment, and growth. Here are the key benefits of implementing EOS:
Achieving Clarity: EOS helps businesses define a clear and compelling vision, outlining the organization’s long-term goals and objectives. By establishing a shared vision, all employees can align their efforts towards a common purpose, leading to increased focus and productivity.
Driving Accountability: EOS emphasizes the importance of having the right people in the right seats. It encourages businesses to build strong leadership teams and ensures that every employee is aligned with the company’s core values and culture. This focus on accountability fosters a positive and high-performing work environment.
Data-Driven Decision-Making: EOS promotes the use of objective data and key performance indicators (KPIs) to measure progress and make informed decisions. By analyzing relevant data, businesses can identify strengths, weaknesses, and opportunities, allowing for more strategic decision-making.
Improving Processes: EOS helps businesses streamline operations and improve efficiency by implementing simple and effective processes. Documenting and standardizing processes enables consistency, reduces errors, and boosts productivity.
Traction and Execution: EOS encourages disciplined execution by setting clear priorities, establishing accountability, and tracking progress towards goals. This focus on traction ensures that businesses stay on track to achieve their desired outcomes.
Enhancing Communication and Collaboration: EOS fosters open and honest communication throughout the organization. By addressing issues proactively and creating a culture of collaboration, businesses can break down silos and improve overall team dynamics.
Scalability and Adaptability: EOS provides a scalable framework that can be tailored to the unique needs of each business. Its flexible nature allows organizations to adapt quickly to changing market conditions and seize new opportunities.
Cultivating a Healthy Organizational Culture: EOS helps build a healthy organizational culture based on transparency, trust, and mutual accountability. This positive culture attracts and retains top talent and fosters employee engagement.
Implementing EOS offers a structured and practical approach to addressing common organizational challenges and driving growth. By achieving clarity, fostering accountability, embracing data-driven decision-making, and improving processes, businesses can enhance their operations, align their teams, and unlock their full potential for success in today’s competitive business landscape.