Ep. 83 | Ashish Nathu- Business Operating Systems

This week’s episode of The Rich Equation Podcast is a solo episode where I will talk about different management systems and how it can increase the probability of success in your business. A management system helps create the structure and direction that your team needs to achieve desired results. This applies to business organizations of all sizes, so having a system in place is the only way to deliver results, with accountability, so your team can focus on things that matter. 

Highlights: 

00:00 - Ashish Introduces the topic

00:53 – Entrepreneurial Operating System (EOS) 

02:45 – How EOS can provide operational structure even to small businesses

03:13 – Defining short-term, middle-term, and long-term targets for your business 

03:53 – How to achieve traction, where everyone in the team focuses and drives accountability to make their vision a reality 

05:18 – Pebbles, rocks, and sand analogy as a way to prioritize mission-critical objectives

05:52 – How I’ve used EOS for my business, and my experience using this framework

06:50 – Right people right seats to ensure we place the right people in the correct roles

07:28 – Balanced scorecard management system

Links:   

Check out some business management systems below: 

Entrepreneurial Operating System for Business

Balanced Scorecard System

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