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Mike Paton, EOS Worldwide – InnovaBuzz 240

Mike Paton

Mike Paton, EOS Worldwide

In this episode, I’m really excited to have as my guest, Mike Paton, who is the Visionary at EOS Worldwide, Certified EOS Implementer at Achieve Traction, an author, and a speaker. 

Paton discovered the Entrepreneurial Operating System about 12 years ago and he instantly recognized the power of this simple, holistic “way of operating” a small business. He became a passionate advocate, joined the Professional EOS Implementer Community, and dedicated himself to helping other entrepreneurs get what they want from their businesses. Since then, Paton has conducted more than 1,200 full-day sessions with the leadership teams of more than 110 companies and helped thousands more entrepreneurs by sharing EOS in dynamic talks and workshops the world over. During that journey, Paton wrote ”Get A Grip: An Entrepreneurial Fable” with Gino Wickman and then succeeded Gino in the role of Visionary for EOS Worldwide. In that role, he leads a close-knit community of more than 250 Professional EOS Implementers around the globe – each passionate about helping entrepreneurs run better businesses and live better lives.

In our discussion, Paton and I talked about:

  • The EOS system as a simple framework for aligning all people in the business to one clear vision and to having the right people in the right seats
  • How a focus on clear definitions and tracking leading indicators will keep things moving towards your goal
  • Taking clarity breaks to get new ideas

Marisa Smith on episode 130 introduced us to Paton.

Listen to the podcast to find out more.

Listen to the Podcast

When your vision component is weak, it is not that you have no vision. It is that you have too much vision.  @MPaton on #InnovaBuzz podcast Click To Tweet

Show Notes from this episode with Mike Paton of EOS Worldwide

Key points and takeaways from this episode include:

  • EOS, the Entrepreneurial Operating System, is a holistic system full of simple concepts and practical tools that would help a typical entrepreneurial leadership team, business owners, and people in an organisation, get more of what they want from their business.
  • EOS strengthens the 6 key components of a business. 
    1. Vision – getting everybody on the same page with where you are going and how you plan to get there.
    2. People – making sure that you have great people in your unique organisation.
    3. Data – running the business on objective information using numbers that really give you an absolute pulse on the business.
    4. Issues – getting really good at recognising issues when they arise and solving them for the long term greater good of the business rather than letting them linger for weeks, months, and even years.
    5. Process – the art and science of getting the most important stuff in the business done right and in the best way every time.
    6. Traction – bringing focus, discipline, and accountability to everybody so that when you walk around your business and you’ve clarified your vision. you actually see that everybody is executing on that vision every day and you are moving closer to achieving what you know is possible.
  • When your vision component is weak, it is not that you have no vision. It is that you have too much vision. 
  • A great person in your organisation is different from a great person in another organisation. You need to define what a great person in your unique organisation looks and feels like, and then hire and fire around that.
  • EOS simplifies and creates a set of practical tools that you can use to solve common problems. 
  • A right person is someone who fits your culture like a glove. It’s someone who shares your 3 to 7 core values that you so carefully defined when you were crafting your vision. 
  • The EOS People Analyzer allows managers and supervisors to evaluate the characteristics and behaviours of their people against their core values and give constructive positive and constructive feedback to all the people in the organisation. 
  • The right seat is a job that is critical to your business that is defined in a clear and simple way. 
  • Automated performance management systems create corporate bureaucracy and a lot of red tape. Performance management should be a human enterprise to let people know how they are doing against the standards on a regular basis and gives them the opportunity to be great every day whilst being clear of what you expect of them.
  • Leading indicators are activities that would predict future revenue results based on what you are doing in your marketing and sales. 
  • Learn to manage ahead of the results rather than waiting for the results to tell you what to fix.
A right person is someone who fits your culture like a glove. It's someone who shares your 3 to 7 core values that you so carefully defined when you were crafting your vision. @MPaton on #InnovaBuzz podcast Click To Tweet

The Buzz – Our Innovation Round

Here are Paton’s answers to the questions of our Innovation round. Listen to the interview to get the full scoop.

  1. #1 thing to be more innovative – EOS Clarity Break. Set aside an appropriate amount of time in a place where you do your best thinking with absolutely no distractions. 
  2. Best thing for new ideas – Setting aside time and listening. The secret to innovation and developing new ideas is listening to other people.
  3. Favourite tool for innovation – A legal pad and a pen.
  4. Keep project / client on track – Have a clear definition of what “on track” and success look like that both parties agreed to. Have regular meetings or communication cycles to make sure both parties feel that you are on track.
  5. Differentiate – Truly deliver as promised every time. 

To Be a Leader

Don’t ever lose sight of your passion.

Reach Out

You can reach out and thank Paton through the EOS website.

Suggested Guest

Paton suggested I interview Gino Wickman, author of Traction and of The Entrepreneurial Leap, and creator of the Entrepreneurial Operating System. So Gino, keep an eye on your inbox for an invitation from us to the InnovaBuzz podcast, courtesy of Mike Paton.

Links

Books

Cool things about Paton

  • He lives in Minneapolis with his wife Kate. Together they have five boys.
  • He holds a Bachelor’s Degree in English from Ohio State University.
  • He was a member of the Forensics Public Speaking team at Ohio University and Ohio State University.
Learn to manage ahead of the results rather than waiting for the results to tell you what to fix. @MPaton on #InnovaBuzz podcast Click To Tweet

Listen to the Podcast

Jürgen Strauss

Dr. Jürgen Strauss is a transformational marketing strategist, podcaster, speaker, the chief innovator and founder of Innovabiz who partner with innovative, exceptional business coaches and consultants to enable you to acquire more leads and more business by reaching your ideal target prospects with your message, so that you will achieve growth and be able to make a difference to more ideal clients. You can find Jürgen on LinkedIn, as well as on Innovabiz' Twitter, Facebook, The InnovaBuzz Podcast, The Tales of Marketing Transformation Show and his personal Photography website.

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