The 5 Pillars of Business Freedom - Accountability

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How to Ensure Your Business Moves Forward

EVOLUTION CAPITAL PARTNERS

The 5 Pillars of Business Freedom

Pillar #5 - Accountability


Business Owner Bob now has the transparency he needs to run a successful company.


He has hired the right people, organized his financials and

come up with a detailed plan to grow his business.



What’s Next?


Getting the Work Done

3 Steps to Creating a Culture of Accountability


Each member of your team should know what they’re doing, how to do it and why it’s critical to the success of your business.

1. Set Clear Roles & Responsibilities



For your employees to be successful, they have to understand their role, as well as that of your company’s leadership, and how they’re expected to work within their team and organization.

They should have the resources they need, proper training, and clear objectives to work toward every month and every quarter to effect the company’s overall goals.


Your employees should understand the metrics that drive the business as well as how their individual contributions impact those metrics.

2. Build Out Benchmarks


Each team member should have specific Key Performance Indicators (KPIs) to take ownership of and, ultimately, be proud to achieve!


3. Routinely Review Processes & People

As your business grows, and you subsequently work smarter, there is lots of opportunity for evaluation.


An expectation of regular evaluations gives employees the chance to show what they’ve

achieved and brought to the company as well as embrace opportunities for improvement.

Accountability doesn’t just mean taking the blame when things go wrong, it also means being recognized for your achievements! Reward adequately & often.


Remember: A culture of continuous learning and improvement is essential to boosting accountability!


Incorporate all 5 Pillars of Business Freedom and enjoy the ride to the top!

Accountability: Everyone gets the job done.

Transparency: No secrets. Everyone’s a part of the process.

People: Hire your dream team.

Plan: Free yourself up to make your vision a reality.

Financials: Get your cash flow in order.



Resources

Peer Communities

• Entrepreneurs’ Organization (EO)

• Vistage

• Small Giants

• Young Presidents’ Organization (YPO)

Business Operating Systems

• EOS

• Gazelles

• The Great Game of Business

• MAP

http://www.eonetwork.org/

http://www.vistage.com/

http://www.smallgiants.org/

http://www.eosworldwide.com/

http://www.gazelles.com/

http://www.greatgame.com/

http://www.mapconsulting.com/


Want to know more? Visit: www.evolutioncp.com

Call: 216-593-0402

Email: [email protected]

Connect: linkedin.com/company/evolution-capital-partners-llc

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