EOS Terms Flashcards

1
Q

What is an Accountability Chart?

A

A clear illustration of organizational structure that clarifies roles and responsibilities for everyone in the organization

It helps achieve the company’s vision over the next six to twelve months.

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2
Q

What does GWC stand for?

A

Gets It, Wants It, Capacity to Do It

It is a tool used to evaluate a person’s fit for a specific role on the Accountability Chart.

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3
Q

What is the first question to ask in the GWC evaluation?

A

Get It?

It assesses if the person understands what is expected in their role.

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4
Q

What does ‘Want It?’ evaluate in the GWC framework?

A

Whether the role excites the person and if they are self-motivated to perform well.

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5
Q

What is assessed under ‘Capacity to Do It’ in GWC?

A

Natural talent, skills, experience, and training to perform the job well.

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6
Q

What does IDS stand for?

A

Identify, Discuss, Solve

A discipline to help leaders resolve issues permanently.

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7
Q

What is the purpose of the Identify phase in IDS?

A

To determine the root cause of the issue before discussing or solving it.

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8
Q

What is emphasized during the Discuss phase of IDS?

A

Objectivity and avoiding defensiveness while discussing the issue.

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9
Q

What is the goal of the Solve phase in IDS?

A

To develop and agree on a plan of action to permanently resolve the issue.

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10
Q

What is a Level 10 Meeting (L10)?

A

A weekly meeting designed to solve problems and improve productivity.

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11
Q

What is the time allotment for the Segue in a Level 10 Meeting?

A

5 minutes

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12
Q

What is the focus of the Scorecard Review in a Level 10 Meeting?

A

Reviewing the team’s metrics.

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13
Q

What does LMA stand for?

A

Leadership + Management = Accountability

It summarizes the primary responsibility of anyone with direct reports.

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14
Q

What is the purpose of the People Analyzer?

A

To evaluate if employees are the Right People in the Right Seats.

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15
Q

What are the core values ratings in the People Analyzer?

A
  • Plus (+) - lives the core value most of the time
  • Plus/Minus (+/-) - inconsistent
  • Minus (-) - does not live the core value most of the time
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16
Q

What is the definition of Right Person, Right Seat?

A

Right People fit the company’s culture and have the skills to excel in their roles.

17
Q

What are Rocks in the context of EOS?

A

Specific, concrete goals to accomplish within 90 days.

18
Q

What types of Rocks are identified each quarter?

A
  • Company Rocks
  • Departmental Rocks
  • Individual Rocks
19
Q

What does the Vision/Traction Organizer (V/TO) consist of?

A

A two-page strategic business plan with eight sections.

20
Q

What are the eight sections of the Vision/Traction Organizer?

A
  • Core Values
  • Core Focus
  • 10-Year Target
  • Marketing Strategy
  • 3-Year Picture
  • 1-Year Plan
  • Quarterly Rocks
  • Issues List