The One Thing ... The Rest Of The Story
This is the fourth in a series of articles on The One Thing, which we revealed to be your unique Business Operating System.
Until you put your unique business operating system in place, your business will control your life. To understand what this means, it helps to fully examine all of the benefits of a good Biz OS. Once you learn the powerful impact it can have on your business, you’ll be asking yourself why you haven’t already completed your own unique business operating system.
One of the most important benefits of your Biz OS is that it enables your business to work without you. It provides clear instructions for carrying out the business of the organization in a way that lives up to your standards. In turn, these instructions can then be used as the basis for effective delegation of tasks that are simply not the highest and best use of your time. This works even when you are outsourcing instead of adding employees. Furthermore, a properly implemented Biz OS will provide accurate and timely performance feedback on critical business metrics so that you are confident that processes are flawlessly carried out.
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The One Thing Revealed
In our previous two articles, we shared how The One Thing can completely transform your business and, as promised, this article will reveal The One Thing—what it is called and why it is important for your company.
The One Thing goes by many names: Systematizing, Systemizing, Enterprise Operating Systems, etc. We prefer to think of it as creating your Business Operating System. Just like the operating system makes your laptop, tablet or smartphone do amazing things, your Business Operating System enables your company to function the in a manner that enables you to achieve your ultimate goals.
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The One Thing--How It Can Shape Your Company
Our initial post entitled The One Thing introduced the concept that there is a single thing that, if you pursue it with diligence and execute it well, will result in a wide range of benefits for you and your company. Before we explore those benefits in detail, this post will describe the kind of company you will end up creating as a result of having put in place The One Thing.
Although experts can’t agree on the actual Stages of Companies/Businesses, there is ample support for using the term Third Stage to describe the kind of company we’re all trying to create. Small and large, third-stage companies have reached the point where they can largely sustain themselves. Their CEOs have put in place systems that allow them to spend more of their time on strategic matters and they have managed to strike a healthy balance with their personal and business lives. A Third Stage company has other traits as well:
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