OPERATIONS
SYSTEMS
SPONSORED CONTENT
The Importance of a Business Operating System A BUSINESS OPERATING SYSTEM ALLOWS YOUR BUSINESS TO OPERATE MORE EFFICIENTLY—AND TO REPLICATE SUCCESS.
by Jim Tannehill
f you are an entrepreneur, business owner, or investor,
I
you may have never heard the term “business operating system.” At least I hadn’t when I began my entrepreneurial journey back in 2012. I did what any aspiring entrepreneur does and decided to chase my dreams. I’m a very experiential learner and have found success building businesses by learning from my mistakes and the mistakes of others. I established my own guidelines and principles and found some success. My life completely changed when I accidentally stumbled upon the concept of a business operating system. Here’s why—and why your business success can increase too if you adopt one.
IN ORDER FOR ANY BUSINESS TO SUCCEED, IT MUST FIRST BECOME A SYSTEM SO THAT THE BUSINESS FUNCTIONS EXACTLY THE SAME WAY EVERY TIME, DOWN TO THE LAST DETAIL.” —RICHARD HARSHAW
forecasting, tracking long‑term goals and vision, etc. The example I like to use when describing the need for an operating system is this: Entrepreneurs are great at building the plane while they are flying it. We are problem solvers and quick to make the necessary adjustments while we are still in the air. Here’s the idea behind a business operating system: Once you have that plane built, you want to be able to replicate that success and build it faster, better, and more efficiently. By this point, you have probably made a few key hires and have a team around you. Most likely they do not have the same skill set as you and have no clue how you were able to build the plane while in the air. You can’t expect them to do what you just did. But, if you have an operating system, they can follow the same framework, processes, systems, etc. to build your next plane.
OTHER BENEFITS A proven operating system
allows your business to grow and scale efficiently and effectively. An operating system simplifies your conversations and gives you and your team common language to communicate efficiently. It provides structure and places you and each person on your team into roles where your genius can be on full display. It will give you the correct data and information you need to make wise decisions. It provides structure, stability, and accountability. As you begin to research business operating systems, you should take this all into account. Having any type of operating system in your business will eventually guide you to growth. Having the right operating system will cause you mass acceleration and growth. Now that you are familiar with what a business operating system is and
WHAT IS A BUSINESS OPERATING SYSTEM?
A business operating system is the specific and replicable way you want your company to operate. It gives your employees and the people you work with a framework that guides their decision making. It essentially allows your business to operate as if you are making all the decisions and quality testing all your products and services. It also assists in holding people accountable, ensuring goals are in place, tracking issues,
46 | think realty magazine :: march – april 2023
Made with FlippingBook Online newsletter