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Entrepreneurially Run Companies Need Structure To Grow

An operating process offers a framework for growthMany entrepreneurs feel that if they put enough hours and hustle into their business, they will be successful. And while many certainly are successful due to the blood, sweat and tears poured into the business (especially in the beginning years), in the long run, their vision and ability to scale, creating lasting value are hindered by a lack of structure.

The Benefits of a Business Operating System

Implementing a business operating system or methodology can offer the answer.  It provides an organization (especially a small, growing one) a clear framework by which to operate and lay the foundation to enable and support growth.  An operating system can facilitate defining a company’s mission and values, and to consistently communicate throughout the organization.  It can also offer tools for decision making, prioritizing efforts and ensuring the right people are in the right seats (creating success for both your employees and the company).

There are many operating methodologies available that are effective, so as the business leader, time must be spent to investigate which operating system best fits your needs and culture.  But no matter the selection, when successfully embraced at all levels, an organization can truly transform, achieving greater results than you may have ever thought possible.

Second Stage Company Case Study

On a recent episode of The Second Stage, we were lucky enough to have one of our own partner company leaders, Mike Vea, the President of Lewellyn Technology, speak with us about what implementing an operating process, in particular, Gino Wickman’s Entrepreneurial Operating System, has meant to his business as it has transitioned from a lifestyle business to a growing, scalable organization.

Hear how Mike knew the process was working when peers within the company started holding one another accountable.

Posted by: Brendan Anderson A co-founder and managing partner at Evolution, Brendan has spent the past 20 years as an investor and manager of businesses ranging from manufacturing to financial services. @Brendan_Andersn

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